As we reported yesterday, Senate Republicans were expected to develop and unveil proposals for the next round of coronavirus relief legislation as early as today. Administration officials were at the weekly Senate Republican party caucus lunch meeting today (the first gathering of the traditional weekly lunch meeting since the Coronavirus outbreak) to discuss a strategy and develop a plan. Reportedly there are some differences on certain issues that have to be worked out between the White House and the Senate Republicans. The Senate plan will have:
$105 billion for school re-opening
Funds for childcare
Stimulus checks and small business loans
There will also be some sort of tax breaks for retaining or rehiring wor...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...