Emergency funding for the water crisis in Flint, Michigan, has now bogged down the CR and is leading to the political brinksmanship in Congress. However, all House members and 34 senators are up for re-election this year and thus motivated to avoid the government shutdown that could ensue.
A draft of the Senate’s FY 2017 continuing resolution (CR), the stopgap funding measure to keep the federal government open after FY 2016 ends 30 September, was circulated on Capitol Hill yesterday. By this afternoon, the measure was essentially dead. The draft would extend funding at FY 2016 levels through 9 December, allowing a lame-duck session of Congress to either pass appropriations bills for the remainder of FY 2017 or another short-term f...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
