The new members of the Republican majority of the House Agriculture Committee have been named; the Democrat members have not yet been assigned. The Republican side will increase from 23 members to 27 under the new majority. The new members are listed below. Note: those with * are new members to the committee, but the Congressional District was previously represented on the panel; there are 431 Congressional Districts (out of 435) with some farm income, this data is from the NASS 2107 Ag Census (the current census would have been 2021 but was delayed until 2022 and the data is now being collected).
Three Republican committee members in the 117th Congress not returning to Congress (due to defeat) are Mayra Flores (TX 34), Vicki Hart...
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...