Federal government funding is approaching a crucial deadline with the current fiscal year ending on 30 September, and the Senate is expected to pass a CR that may include some legislative changes.
Federal government funding is approaching a crucial deadline with the current fiscal year ending on 30 September, and Congress will need to act. The Senate is expected to pass a continuing resolution (CR) to maintain such funding at FY 2016 levels through 9 December. The CR may also bring some legislative changes, additional emergency funding for the Zika virus, aid to Flint, Michigan for its water supply issues, and flood relief to Louisiana. On the policy front, some specific issues of interest to WPI clients may be addressed such as the foll...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
