Last night the White House and congressional leadership came to terms on a budget agreement regarding a continuing resolution (CR) through the end of FY 2016 and a debt limit extension through 2017. While few details have been released, one provision has been identified that would cut crop insurance spending.
Last night the White House and congressional leadership came to terms on a budget agreement, the “Bipartisan Budget Agreement of 2015,” regarding a continuing resolution (CR) through the end of FY 2016 and a debt limit extension through 2017. The current short-term CR passed one the eve of the new fiscal year (1 October) and provides funding only through 11 December. President Obama has said he will not sign another shor...
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...
