Commodity Markets, Prices & Futures
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Latest News from Markets
Sonny Perdue’s nomination hearing to be USDA Secretary begins this morning amid budget cuts, trade policy concerns and low commodity prices.
Sonny Perdue, President Donald Trump’s nominee to lead USDA, commented on key budget, farm and trade policy issues during his 2.5 hour confirmation hearing before the Senate Agriculture Committee.
Health-care reform, or more accurately the lack of it, cold still be a backdrop in Washington in the week ahead, but it will mostly be color the outlook for other issues.
A Senate vote on Neil Gorsuch as a Supreme Court justice, a meeting between US and Chinese leaders, more House farm bill hearings, and a Friday Employment report are the highlights from Washington this week.
Uncertainty is the best word to describe the current version of President Donald Trump’s trade policy.
Tax reform bills are never easy and that was made clear during a House Agriculture Committee hearing.
Farm-state lawmakers and especially farm groups like to get rather than give, and that is clearly the message in the ongoing tax reform debate.
Consulting economist Vince Malanga reacts to the report.
The U.S. jobs report released this morning will not impact what the Federal Reserve has in store for U.S. interest rates. As the Wall Street Journal noted, the report is “mostly just weather-related noise.”
The past week’s summit between U.S. President Donald Trump and Chinese President Xi Jinping yields initial wins for U.S. beef and financial product trade, but no North Korea agreement.