Offense is Defense USTR Katherine Tai knew that she would be facing some strong agriculture voices when she appears this week before the House and Senate committees overseeing her work. Rep. Adrian Smith (R-Nebraska) had already sent a letter demanding to know why more than a year after President Biden took office, there is still no nominee to lead the trade desk at USDA, and there is no chief agriculture negotiator at USTR. Thus, despite agriculture being a smaller industry her remarks this week lead with specific examples of what has been accomplished thus far for farm exports:
Japan has increased its beef safeguard trigger level Section 232 tariffs and their associated retaliation against U.S. agriculture have been removed India ha...
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...
