Twelve Days of Insight The Wall Street Journal’s James Mackintosh points out that business leaders, including those at the Davos World Economic Forum last week, are betting two to one odds that Donald Trump will win reelection later this year. This is in sharp contrast with the political facts. The President’s numbers indicate someone with high negatives and minimal support numbers. His actual opponent is still unknown. If it is Joe Biden, group think might lower Mr. Trump’s odds, if the Democratic nominee turns out to be Bernie Sanders or Elizabeth Warren, the calculus of business confidence ought to be shaken. Either way, the political calendar over the next few days could become informative.
Policy Prescriptions on...
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...
