The House Agriculture Committee met yesterday for its organizational meeting. Chairman Collin Peterson (D-Minnesota) laid out its agenda for the 116th Congress, which includes the following topics:
the state of the farm economy, especially dairy and the impact of the trade war farm bill implementation conservation and energy programs that will help farmers and ranchers adapt to/mitigate the effects of climate change the evolution of the Renewable Fuel Standard (RFS) USDA oversight
Some quick inference can be made from the chairman’s to-do list. First, patience is wearing thin among ag groups and farm state lawmakers regarding the trade situation, and there will be much pressure on concluding a deal with China. Most of agricu...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...