A common flaw is for new farm policy to be drafted based on immediate past market experience, and that is particularly true for dairy. A key agriculture advisor to President-elect Trump recently cited the dairy program as possibly in need of reform, but that is a narrow understanding of the current market situation.
Rearview Mirror Policy A common flaw is for new farm policy to be drafted based on immediate past market experience, and that is particularly true for dairy. A key agriculture advisor to President-elect Trump recently cited the dairy program as possibly in need of reform, but that is a narrow understanding of the current market situation.Some dairy producers are upset because they have paid a total of $100 million in...
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...
