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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 26, 2024
The Agriculture Department left most of its crop production and usage estimates unchanged in its latest World Agricultural Supply and Demand Estimates released Friday, matching trader expectations ahead of the report.
In today's WASDE report, USDA increased production and offset some of those gains with higher domestic use. However, USDA did not lower export expectations which may be coming in the months ahead.
Kees Huizinga has been farming near Kyiv, Ukraine, for 20 years and he’s determined to continue this year even as Russian bombs fall nearby, diesel fuel and other inputs are increasingly sparse and he sees little hope of being able to sell his crops.
Treasury Secretary Steven Mnuchin and Speaker of the House Nancy Pelosi are expected to meet again today to continue talks over a new coronavirus stimulus package, but it will be “difficult” to finish before the election, Mnuchin said Wednesday.
