In the movie "Groundhog Day," actor Bill Murray's character gets caught in a time warp and wakes up in Punxsutawney, Pennsylvania on that day, facing the same day and events over and over again until he finally figures out how to change his behavior. After some trial and error, he finally finds a way to make time move forward to a promising future. The federal government is caught in a fiscal "Groundhog Day" scenario.As is known by now, a deal was struck late Wednesday night to reopen the federal government and that happened yesterday. These are the terms of the budget deal:
A continuing resolution (CR) to fund the government was adopted and will last through 15 January. The debt ceiling was raised and the Treasury Department has bor...
Key Takeaways: Dry bulk markets are mixed with Capesize rates seeing solid gains while Panamax values slipped on a growing tonnage list. Supramax and Handysize vessels were stronger, though all sectors remain vulnerable to the seasonal dip in rates through Q4 and into Q1. Falling water l...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...
