Congress is back after recess and facing a daunting schedule through December, which could even include the 2018 Farm Bill.After the traditional August recess, Congress has returned to Washington with a Sisyphean workload that is vastly complicated by several other major issues and developments. The regular to-do list includes passage of the following:
a federal budget resolution all 12 appropriations bills an increase in the debt ceiling
The first two items need to be accomplished by 30 September, and the third is facing a critical deadline of 29 September (see Ag Perspectives, 28 August). Those tasks are typically difficult enough, but there are a few extra layers of politics and circumstances this year that will complicate the ho...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
