Sustainability Rises The USDA transition team for President-Elect Joe Biden is emphasizing increased conservation efforts for the industry. After U.S. agricultural leaders met with transition leaders, American Farm Bureau Federation President Zippy Duvall said that any emissions scheme needs to be market-based and voluntary. However, the result of WPI’s recent survey on the topic implies the need for something more robust. A surprising 73 percent responded that sustainability improvements in agriculture are moving too slowly (see graph below). Please reply to our latest home page survey asking about the prospects for the incoming Biden Administration.
No Ag in Ecuador Deal On its way out the door, the Trump Administration h...
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...
