Unseriousness of Campaign Promises If the polls are correct, Joe Biden is elected president tomorrow and the question is what changes besides civility? Looking at his campaign promises potentially impacting agriculture there is a lot of repetition from the past, a past that was mostly different at the margins. Here are just a few of the more cynical items in the candidate’s quiver:
Regional Food Systems: Mr. Biden’s support for small, local food supply chains is a rehash of the locavore movement during the Obama-Biden era. The number of small farms has increased, there are more so-called farmers’ markets and CSA’s, but Big Ag still dominates the supply chain. In the larger scheme of things, and it is large, sma...
What You Need to Know Today: Funds remain in control of the market, which means broadly bearish trade for the ag sector. Monday’s massive corn export sale to Mexico helped trigger some short covering and a bit of other end-user buying in corn, which could help stabilize the market. Wheat...
With less than 24 hours until Election Day, control of the Senate remains a wild card. Republicans and Democrats alike say they are poised to win control of the chamber in the new Congress that starts in January 2027. The House of Representatives is more of a lost cause for continued Republican...
Key Takeaways: U.S. hog and pork prices have declined sharply, with December lean hog futures ending October at $58.875/cwt and the pork cutout reaching its lowest level since January 2021. Seasonal increases in hog slaughter and pork production have contributed to price weakness, although the...