Saturday, 20 January marked the one-year anniversary of President Trump’s inauguration. It also capped a year full of surprises with a government shutdown over an impasse on budget matters on that same day. Given the political fallout from the last shutdown in 2013 and the one in 1997, few observers thought it would come to this. Following is a synopsis of what occurred in recent days and where things stand as of this morning:
The House passed a short-term continuing resolution (CR) last Thursday before the 19 January deadline for funding the government. The Senate failed to pass the CR on Friday and remained in session all weekend. A plan to vote on a proposal at 10 p.m. (EST) Sunday night was blocked by the opposition. T...
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...