There's an old adage that in politics, timing is everything. About nine months ago, vastly expanding the acreage set-aside under the Conservation Research Program (CRP) might have seemed like a good idea. After the April WASDE, not so much. Yet, with the focus on creating value for producers through sequestering carbon, a bill that would double CRP acres was introduced in Congress yesterday.
The Climate Stewardship Act, introduced by Agriculture Committee members Senator Cory Booker (D-New Jersey) and Representative Abigail Spanberger (D-Virginia) picks up the gauntlet from former House Agriculture Committee Chairman Collin Peterson (D-Minnesota) who last December, right before he left office, argued that expanding the CRP was preferable...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
