ARC Market Impact FAPRI, the Food and Agricultural Policy Research Institute at the University of Missouri examined the Senate Ag Committee-approved farm bill proposal and forecasts that its impacts will include:
Slightly more land planted to corn (210,000 acres) and cotton (340,000 acres), and less to other crops; No change or slightly lower prices for some crops, but higher prices for peanuts and rice; and, Government payments would represent about 2 percent crop market values, but over 5 percent of cotton's market value.
Kick Argentina out of G20 Argentina is upset over a resolution in the U.S. Senate that recommends booting the country out of G20 membership due to dishonorable practices, such as expropriating property, ev...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
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 €...