Lawmakers reached a deal early this morning on the omnibus spending bill and the tax extender package. There are a number of provisions in both that significantly impact agriculture.
Lawmakers reached a deal early this morning on the omnibus spending bill and the tax extender package. This report provides an overview of key issues addressed in both. Moving forward, House Speaker Paul Ryan is expected to adhere to his self-imposed “three-day rule,” which gives members of Congress that amount of time to review the text; the omnibus is comprised of 2,009 pages and the tax extender bill has 200 pages. This means the vote will likely be postponed until Friday, 18 December. Congress passed another short-term continuing resolution t...
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...
