The farm bill conference report was signed by the conferees last night and the text released. It is being touted as a “bipartisan” bill despite the partisan turn it took when drafted in the House. Just past 4pm today, the Senate passed it in an unexpected move, taking up the legislation prior to its consideration in the House in an effort to shore up votes in that chamber. In the new political arena of Twitter, various key tweets highlight the top issues. Note the following:
Senate Ag Committee Chairman Pat Roberts: “The bipartisan, bicameral 2018 Farm Bill conference report is live!” Senate Majority Leader Mitch McConnell: “Making it official with my hemp pen!” USDA Secretary Perdue: “Would li...
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...
