Miscellany Day
The Biden Administration’s latest National Trade Estimates Report on barriers abroad kept opposition to Mexico’s glyphosate phaseout and failure to approve new GMO events, and added opposition to a new decree that would end imports of GM corn for human consumption.
The Biden infrastructure plan was welcomed by the agriculture sector for its investment in bridges, roads, locks and dams, plus broadband internet – but the ethanol industry sees nothing in the plan but more competition from electric vehicles. However, a proposal by some Senate Democrats for increased taxes would adversely impact farm assets.
The G-7 jointly attacked China’s industrial subsidies, agreed on the need for W...
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...
