India is seeking a WTO dispute settlement panel to rule against subsidy and local content requirements for renewable energy in some American states. The U.S. characterizes this as political retribution.
USDA Non-Reorganization The 2014 Farm Bill contains a requirement that USDA split the current job of undersecretary for farm and foreign agricultural services into two separate positions. However, Congress provided no funding to carry out the reorganization, which would upset many involved, and the Obama administration saw little political obligation to the effort in its final 18 months in office. Now the new political leadership at USDA must decide how it will approach the legal requirement. In truth, there is no political benef...
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...
