The new members of the Democrat minority of the House Agriculture Committee have been named. The Democrat side will decrease from 27 to 24 members moving to the minority. During the last Congress, the split was 27 to 23 between the majority and minority, but as we reported on 27 January, the Democrats requested 24 seats, so to maintain the split representative of the full House, the Republicans added a 28th seat. Below are the new members. Note there are 431 Congressional Districts (out of 435) with some farm income, the data below is from the NASS 2107 Ag Census (the more recent Census would have been completed 2021 but was delayed until 2022 and the data is now being collected).
Committee Ranking Member David Scott (Georgia) ann...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
