In its first action of the 117th Congress, the House Agriculture Committee passed its portion of the budget reconciliation bill to conform with the FY 2022 budget resolution. The measure passed on a party line vote of 24 to 23, and all amendments – save one – failed on a party line vote. Included in the bill was:
$4 billion to remain available until expended at the Secretary’s discretion to purchase commodities, distribute produce, diary products, seafood, meat, and eggs to private feeding programs and non-profits, provide grants to small and mid-sized food processors and distributors for worker COVID protections, and loans and grants for food and agricultural “supply chain resiliency” – this includ...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
