The farm bill expired on Sunday, and by Monday the anticipated recriminations were flying. Various statements and tweets from the Democratic leadership targeted at the "do-nothing" Republican House for not passing a farm bill. Responses from the Republican leadership chastised the Democratic Senate for protecting food stamp spending while neglecting to take up a disaster assistance bill that passed the House. The farm bill, however, is just one of many items that Congress could face in a lame duck session after the 6 November elections. Others include:
The Defense Reauthorization Act -- like the farm bill, only annual -- establishes Pentagon programs. Failure to reauthorize leaves U.S. operations in Iraq without a mission or money. R...
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...