CFTC Chairman Timothy Massad made the bold claim at a Senate hearing this week that his agency would develop "bright-line rules" in its pending position limits proposal that would clearly distinguish between "what is really legitimate hedging versus excessive speculation." Bald-Faced Lies An article entitled "The New Food Police" in Modern Farming magazine reflects some balance but nonetheless skews to the populist line that big is bad in food, particularly when it comes to food safety. Some of the attacks on Big Ag include:
"Massive food processors can quickly distribute tainted goods around the world." "our industrialized food system could harm us" "large-scale contagion" "the numerous foodborne contagions spread by giant agribusi...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
