War Nears End Senate Finance Committee Chairman Orrin Hatch (R-Utah) said today that if President Trump continues with his “misguided and reckless reliance on tariffs” that he will advance legislation to curtail his trade authority. The chairman appears clueless that Trump’s intent all along has been to continue increasing tariffs until trading partners offer terms of trade that he finds acceptable. They will not offer them for free, and they will likely offer nothing at all if the president loses political support for his effort. Some questions for Chairman Hatch include the following:
If not via the use of tariffs, how would you propose to get the Chinese to stop their mercantilist trade practices? Did the administ...
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...
