The last session of negotiations on COVID-19 relief legislation between Democratic House and Republican Senate leaders was on Friday, with no progress made. As a result, on Saturday, President Trump issued four executive orders that would:
Implement a payroll tax cut holiday from 1 August 2020 through the end of the year.
Direct the Department of Housing and Urban Development and other federal agencies to prohibit evictions.
Establish a $400-per-week addition to the paycheck protection program for workers (the payment was $600 per week which expired on 1 August).
Provide relief for student loan repayments.
The move met with opposition from the Democratic leadership and some Congressional Repu...
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...