With the 2018 midterm election three weeks away, the Democrats need a 23-seat pickup in the House of Representatives to reach the 218 seats (of 435) necessary to gain majority control, and all seats are up for election. RealClearPolitics, a polling aggregator, currently has the “over/under” pickup odds at plus 24.5 seats for Democratic candidates (see below).
Based on the above, 101 seats are in play to some degree with 29 rated as toss-ups. All of the latter are held by Republican incumbents, which stacks the odds in the Democrats’ favor. In the Senate, 51 seats are needed for a majority. With the vice president as the tie-breaking vote, however, Republicans would only need 50 seats for the next two years. There are 3...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
