The new House Democratic majority is in the process of making committee assignments, and the new chairmen are outlining their panels’ agendas. However, it appears that there is more up in the air than settled with the House Agriculture Committee (HAC). Meanwhile, what is known so far are Chairman Collin Peterson’s (D-Minnesota) following plans for the subcommittees:
The Conservation and Forestry subcommittee will add energy to its jurisdiction. The Commodity Exchange, Energy and Credit subcommittee will lose energy policy jurisdiction but gain rural development. The Nutrition subcommittee will effectively become the old Department of Operations and Nutrition (DONUT) subcommittee again, which it had been prior to 2015.
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...