Yesterday's midterm congressional election that resulted in Republican control of both the House and Senate also has implications for both chambers' agricultural committees.
Yesterday's midterm congressional election provided a huge night for Republicans. A first look at what of significance came from the results:Senator Pat Roberts (R-Kansas) successfully defended his Senate seat and is now in line to become chairman of the Senate Agriculture Committee with Senator Thad Cochran (R-Mississippi), the current senior Republican, likely to take over the Appropriations Committee. Roberts held the gavel in the House Agriculture Committee during passage of the 1996 Farm Bill. The Senate Agriculture Committee now has 11 Democrats and nine Republ...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...