The House Ag Committee, which holds congressional oversight authority over the CFTC along with the Senate Ag Committee, decided to use the CFTC reauthorization as an opportunity to redress some of the problems created by Dodd-Frank and the CFTC's relatively narrow interpretation of the law.
Reverberations from the financial markets reform legislation known as Dodd-Frank continue almost four years after its passage by Congress. The legislation, named after its principal authors, was Congress's response to the 2008/09 financial meltdown. At approximately 2,300 pages, it weighs, we are told, about 10 lbs. Its formal title is the Wall Street Reform and Consumer Protection Act, and this pretty well identifies where Congress placed the blame f...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...