The trade liberalization agenda had the most momentum in years as 2013 was coming to a close, but now 2014 looks to be full of hurdles. Trade Agenda at Risk The trade liberalization agenda had the most momentum in years as 2013 was coming to a close, but now 2014 looks to be full of hurdles:
Free trade advocate and Senate Finance Committee Chairman Max Baucus (D-Montana) is leaving to become ambassador to China and is being replaced by Senator Ron Wyden (D-Oregon) who has far less conviction on the subject. The major bill providing President Obama with Trade Promotion Authority (TPA) has limited support from Democrats. House Speaker John Boehner (R-Ohio) says the President must find 50 supportive Democrats before he advances the bill,...
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...
