The Senate Agriculture Committee will begin its markup of the 2013 Farm Bill tomorrow, and the House Agriculture Committee is likely to follow suit on Wednesday, 14 May. Both Committees released their draft proposals last Friday (see WPI 10 May). There are 106 amendments filed for the farm bill markup, of which nearly two dozen are placeholders for second degree amendments. Some of the amendments of interest include the following:
Restoring marketing loans for cotton. Reducing the premium subsidy for the cotton Stacked Income Protection Plan (STAX) from 80 percent to 75 percent. Setting competitive research grants for animal agriculture. Providing crop insurance coverage for harvested seafood. Eliminating country of origin labelin...
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...
