Congress has returned from the Easter recess to a very busy schedule this week on ag, energy and trading issues, and what should be a busy schedule in the remaining weeks of this session. There are some scheduled votes on judicial nominations in the Senate and some bills under rules suspension in the House. Then things turn to:
The Keystone Pipeline coupled with the transportation bill extension goes to the House Rules Committee. If it passes, it could be on the House floor Wednesday. That bill includes a 90-day stopgap funding provision for transportation, which could be very contentious as the Senate is seeking a clean transportation bill. The House strategy is a conference with the Senate during which the Senate would be forced to...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
