G7 leaders meeting in Germany this week boldly pledged to end hunger for 500 million people by 2030. Given the fact that the number of malnourished has been consistently declining since 2001, it is an easier target to impose on future leaders. Mind of a Trade Agenda Opponent Congresswoman Rosa DeLauro (D-Connecticut) is a passionate opponent of President Obama's trade agenda – even if she gets several of her facts wrong. The Wall Street Journal took her to task today for some of her misrepresentations, but a few more of the many deserve mentioning:
She says she is not opposed to trade and voted for the WTO in 2003. Then she blames the recent loss in the country-of-origin labeling (COOL) case on a "free trade agreement." In fact, the ch...
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...