Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
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.
Farm bill timeline murky | Only one farmer safety net? | Dairy policy awaits USDA decision | Higher CRP maximum acres | Crop insurance tweaks
Innovative approach to farm labor | Sugar and new farm bill | Funding Trump’s border wall | China wants to boost livestock, dairy output | Sen. Menendez trial | India’s biofuel policy | Pink slime and green dollars
Trump doubles down on N. Korea comments | More legal U.S. farm labor: report | More U.S. food products could be going to China via Alibaba product | IEA boosts world oil demand forecast
Full agenda when lawmakers return | U.S.-N. Korea | Trump briefing | NAFTA 2.0 talks | Trade action on China | FOMC minutes | Deere earnings
NAFTA 2.0 timeline murky as negotiators from three countries must clear sensitive trade policy hurdles
Senate joins House in recess | Employment report | No Trump announcement today on China | Perdue in Minnesota | Banks again cut oil price forecasts | China not clamoring for U.S. beef
In this week’s newsletter, we outline weather and take a close look at the farm bill process .. and much more.
Key USDA reports on Thursday | Congress is out | Fed speakers on tap
Leaders of the two major U.S. farm groups comments on the coming new farm bill debate. Meanwhile, the House is preparing a big eight-bill omnibus spending package. Updates on lumber, ethanol and pork trade policy.
Harvey update | Yellen, Draghi to speak | Dairy safety net | Crop insurance | U.S.-Canada lumber dispute | Trump comments on debt-limit debate | Tax reform | Major food retailers face stock collapse
Trump and Congress at impasse | Central banker confab | Canada, Mexico and NAFTA 2.0 | Brazil ethanol import tax coming | Argentina mulls biodiesel situation | Clovis not in clover
Trump woes continue | Lots of action on U.S. trade policy | Fed’s Yellen to speak Aug. 25 | U.S. farmers want action on CSX delays
Congress continues on its summer recess with attention this week focused on a central banker confab and the Farm Journal Midwest Crop Tour.
U.S. takes on China at WTO | Biodiesel trade decision | Tax reform options | Immigration reform | Debt ceiling hike | NAFTA 2.0 | OPEC | Solar eclipse
Trump: Withdrawal from NAFTA ‘probably’ will happen | South Korea pushes back on reopening KORUS | Trade restraints imposed on imports of Argentine, Indonesia biodiesel | EU probe of Bayer-Monsanto deal
NAFTA 2.0 talks begin | Trump issues executive order on infrastructure | DOJ settles Calif. farmer WOTUS case | Dicamba update | IMF ups China economic forecast, with a warning
Stark contrast in U.S., Canada & Mexico NAFTA 2.0 comments | Canada and dairy | Bannon fires off on China, trade and N. Korea | Chicken imports from China | WOTUS Rule comment period extended
Pro Farmer’s Jim Wiesemeyer comments on progress needed to move NAFTA 2.0 forward.
Harvey impacts mount | Tax reform | Employment | NAFTA 2.0 talks resume
North Korea | Harvey update | EPA audits administrator | Food companies & steel | Brazil ethanol | Canada lumber duties | Biotech labeling | NAFTA 2.0 | Mexico & China | CSX rail service issues | Tyson Foods | India
Tax reform | North Korea | Harvey update | Japan baking execs in N. Dakota | Icahn resurfaces | U.S.-China ag trade dispute | Mexico and NAFTA 2.0 | U.S. ports increase traffic | U.S. ag trade forecasts raised
Harvey update | Congress and Harvey aid | Tax reform | Perdue on NAFTA | North Korea | EU & glyphosate license | RFS comment period ends today | E15 waivers | Egypt wheat import policy | Biodiesel
New option shows need to improve dairy policy in coming new farm bill.