Congress is back after recess and facing a daunting schedule through December, which could even include the 2018 Farm Bill.After the traditional August recess, Congress has returned to Washington with a Sisyphean workload that is vastly complicated by several other major issues and developments. The regular to-do list includes passage of the following:
a federal budget resolution all 12 appropriations bills an increase in the debt ceiling
The first two items need to be accomplished by 30 September, and the third is facing a critical deadline of 29 September (see Ag Perspectives, 28 August). Those tasks are typically difficult enough, but there are a few extra layers of politics and circumstances this year that will complicate the ho...
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...