Largely through the bipartisan efforts of the House and Senate Ag Committees' leadership, crop insurance cuts in the two-year budget agreement will be spared with an alternative offset to be developed.
As we reported on 27 October, the two-year bipartisan budget agreement negotiated between the White House and congressional leadership had a $3 billion proposed cut to crop insurance spending. Largely through the efforts of House Ag Committee Chairman Michael Conaway (R-TX) and Ranking Member Collin Peterson (D-MN) as well as those of Senate Ag Committee Chairman Pat Roberts (R-KS) and Ranking Member Debbie Stabenow (D- MI), crop insurance will be spared when the final bill is considered and an alternative offset is developed.Conaway state...
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...
