Last week, President Biden unveiled a major $2 trillion infrastructure package, the American Jobs Plan. From agriculture’s perspective, the plan is a mixed bag, but mostly positive proposals in terms of infrastructure upgrades.
Inland waterways, ports, and in-land ports of entry would receive $17 billion in funding for upgrades;
Rural broadband – and the adoption of ag tech which depends on broadband – would benefit from the $100 billion in funding for broadband connectivity;
Roads and bridges would receive $115 billion in funding for upgrades, starting with the “most economically significant large bridges in the country in need of reconstruction” and include “the worst 10,000 smaller bridg...
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...