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: 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...