Friday, December 2, 2022 11:27AM CST
The legislation signing and brief comments at the White House ends a week of high-stakes drama in Washington that saw Congress immediately act in bipartisan fashion to prevent 115,000 or so rail workers from potentially shutting down major sectors of the economy, including agriculture.
Friday, December 2, 2022 11:14AM CST
While hundreds of thousands of farms legitimately received aid through PPP loans in 2020 and 2021, there was also a lot of fraud. Potato farms in Palm Beach, Florida, orange orchards in Minnesota, and cattle operations on a New Jersey pier were some of the fake farms that collected PPP money.
Thursday, December 1, 2022 11:18AM CST
EPA's multi-year Renewable Fuel Standard volume proposal would expand corn-based ethanol and biomass-based diesel volumes, while expanding overall biofuels blending by about 2 billion gallons by 2025.
March corn is down 4 1/2 cents per bushel, January soybeans are up 1/2 cent, and March KC wheat is down 15 3/4 cents.
Live cattle were a bit of a head-scratcher with futures showing little trading interest even though cash traded higher. It seemed as if traders were mesmerized by the strong gains in hog futures rather than focusing on cash cattle. Hogs regained their losses of the week.