Federal government funding is approaching a crucial deadline with the current fiscal year ending on 30 September, and the Senate is expected to pass a CR that may include some legislative changes.
Federal government funding is approaching a crucial deadline with the current fiscal year ending on 30 September, and Congress will need to act. The Senate is expected to pass a continuing resolution (CR) to maintain such funding at FY 2016 levels through 9 December. The CR may also bring some legislative changes, additional emergency funding for the Zika virus, aid to Flint, Michigan for its water supply issues, and flood relief to Louisiana. On the policy front, some specific issues of interest to WPI clients may be addressed such as the foll...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...