Preparing for next week's markups, both the Senate and House Agriculture Committees have released their marks. The Senate bill is the Agriculture Reform, Food and Jobs Act and the House bill is the Federal Agriculture Reform and Risk Management (FARRM) Act. Senate Commodity Title The Ag Risk Coverage (ARC) program:
Is based on county averages; Covers wheat, corn, grain sorghum, barley, oats, long grain rice, medium grain rice, pulse crops, soybeans, other oilseeds and peanuts (the USDA secretary can add popcorn); Is based on total acres that are planted or prevented from planting, not to exceed total acres planted in 2009/10 crop years adjusted for land coming out of CRP; Requires a one-time election for enrollment; and, Makes p...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...