Commodity Markets, Prices & Futures
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Latest News from Markets
House committee action on a budget resolution, a deferred Senate vote, again, on the lingering health-care reform bill, and NAFTA 2.0-related developments are the focal points in Washington this week.
Addressing trade issues and provisions to bring down the U.S. trade deficits with Mexico and Canada have been released by the Trump administration as objectives to improve NAFTA.
Updates on ag spending and SNAP cuts, budget resolution, U.S.-China meeting, biodiesel tax incentive bill and more key policy topics.
Trumps lists WOTUS replacement and beef sales to China as key accomplishments so far. Trump team may soon announce trade move against China.
Bloomberg reports U.S. soybeans are part of any China trade retaliation plan if President Trump unveils trade sanctions against them. Meanwhile, three CFTC nominees move to the Senate, and an update on USDA nominees.
The House will depart for the summer recess once its weekly agenda is completed while the Senate will remain in session another two weeks. The FOMC has a two-day meeting ending Wednesday.
Sen. McCain returns as the Senate gears up for a key health-care procedural vote. Meanwhile, GOP leaders mull whether they want a minibus or omnibus regarding spending bills.
Clovis officially nominated for key USDA post | Commerce Secretary Ross comments on several trade issues | FOMC statement today | Farm bill timeline | Biofuels
NAFTA concerns mount as USDA Secretary Sonny Perdue is in Mexico and USTR Robert Lighthizer comments on trade with China and on NAFTA.