Just as Russia reaches the point of becoming the world’s largest wheat exporter, the government is proposing a move that could undermine that positioning. Policy Machinations
Just as Russia reaches the point of becoming the world’s largest wheat exporter, the government is proposing imposition of an export tax in order to deliver cheaper feed grain to livestock producers. Currencies are being pushed by policymakers with values being driven lower by China, Sweden and other governments at the same time the U.S. Fed has spurred the U.S. dollar higher. The cost is being imposed on commodities, whose producers may eventually need a helping hand from fiscal policy. Fresh is the new “natural” when it comes to food that is supposedly better f...
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...
