In a hearing Wednesday before House lawmakers who draw up the budget
for USDA, Agriculture Secretary Sonny Perdue said the federal budget needs to
be "right-sized." But Perdue also largely defended most USDA programs the White
House proposes to slash.
See DTN Ag News. BDefending USDA Budget Cuts...
Seed companies and farmers agree: This spring was crazy, and the
replant requests streaming in across the Midwest prove it.
See DTN Ag News. 1^Seed Demand High...
Congress is debating the idea of a border adjustment tax on imported
goods as an offset for lowering corporate tax rates. Proposals have suggested
implementing a tax on imported goods as high as 20%. Industries have different
takes on the possibilities of a BAT, depending on whether the companies rely
more on exports or imports.
See DTN Ag News. 4^Taxes and Export Competition...
In a low-volatility grain market environment, prices on any one day
can seem just as unappealing as the next, making it hard to get motivated to
make timely sales. Perhaps there is a best time of day or best day of the week
to serve as a trigger for those decisions.
See DTN Ag News. BKub's Den...
The USMEF held a press call on Wednesday to update reporters on
various markets. Most of the discussion revolved around what the expectations
are for China. There is "intense buying interest" for U.S. beef expected,
especially from high-end hotels in China.
See DTN Ag News. BStrong China Demand for Beef...