The House Ag Committee is scheduled to mark up the chairman’s draft of the farm bill tomorrow. The whole process is still encumbered by some partisanship (see Ag Perspectives, 13 April) with House Minority Leader Nancy Pelosi’s (D-CA) exhortation to the Democratic caucus to “oppose the farm bill.” However, the Democratic agenda still includes campaigns to be waged and elections to be won, so there are certain members who may need to not antagonize their farm or rural constituency. Thus, the specific request to the Democratic members of the House Agriculture Committee includes the following:
Don’t offer amendments or participate in the crafting of the bill. Vote as you wish on amendments that are offered. R...
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...
