The Senate passed the $1.9 trillion COVID relief package over the weekend by a vote of 50-49. The bill changes some of the non-agriculture related provisions of the House bill, so it must go back to the House for a final vote before President Biden can sign it. That vote is expected to happen tomorrow. Senator Pat Toomey (R-Pennsylvania) offered an amendment to strip all the ag provisions out of the bill. That amendment failed on a vote of 49-50. Toomey is retiring from the Senate at the end of this session. The ag provisions in the bill total about $10.4 billion – with about $12 billion for nutrition programs.
Protein Exports Update Chicken leg quarter prices have rebounded since the fi...
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...