Senator Ted Cruz (R-TX) has capitalized on the national trend toward skepticism over the RFS among Republican voters, drawing the attention of the ethanol lobby, which perceives the danger of such opposition giving the tea party caucus the upper hand in intra-party politics, a key factor if the Republicans maintain the majority in the Senate.The Iowa caucuses are scheduled for 1 February, and the polls are tightening with the two major ones released most recently showing the top two candidates, Donald Trump and Senator Ted Cruz (R-TX), within the margin of error:
NBC/WSJ/Marist (released 10 January): Cruz 28, Trump 24, Rubio 13 and Carson 11 Quinnipiac (released 11 January): Trump 31, Cruz 29, Rubio 15 and Carson 7
What has become th...
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...