U.S. fiscal and monetary policy is at a crossroads, which is creating uncertainty for macroeconomic and commodity markets. Chief among these concerns is “sticky” inflation that has resisted the Fed’s efforts to control it, which is juxtaposed against a weakening labor market. The Fed now seems ready to prop up the labor market at the expense of inflation. This change comes at a time when U.S. trade and economic policy is chaotic to say the least, and economic outlooks are clouded with uncertainty. For agricultural markets, WPI sees silver linings emerging amid this chaos, however, dovish monetary policy and a new inflation regime could have long-term supportive impacts.  Perhaps the biggest issue with the U.S. economy...