Saturday, 20 January marked the one-year anniversary of President Trump’s inauguration. It also capped a year full of surprises with a government shutdown over an impasse on budget matters on that same day. Given the political fallout from the last shutdown in 2013 and the one in 1997, few observers thought it would come to this. Following is a synopsis of what occurred in recent days and where things stand as of this morning:
The House passed a short-term continuing resolution (CR) last Thursday before the 19 January deadline for funding the government. The Senate failed to pass the CR on Friday and remained in session all weekend. A plan to vote on a proposal at 10 p.m. (EST) Sunday night was blocked by the opposition. T...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
