Friday, February 26, 2021 5:35PM CST
The hearing for Katherine Tai, the president's nominee for U.S. Trade ambassador, hearing comes as trade deals and negotiations reached under the Trump administration have set the table for record agricultural exports in fiscal year 2021, which USDA forecasts at $157 billion.
Friday, February 26, 2021 3:59PM CST
USDA will extend enrollment for the latest round of the Coronavirus Food Assistance Program for Additional Assistance, dubbed CFAP-AA. Signup will continue, though payments under the program remain frozen. Trade and filling vacancies at USDA agencies are also areas that will draw attention, newly sworn-in Agriculture Secretary Tom Vilsack said.
May corn is up 1 1/4 cents per bushel, May soybeans are up 14 3/4 cents, and May KC wheat is up 4 cents.
Steady cash cattle trading last week was not what traders wanted to see. This triggered aggressive selling. There is some question whether higher cash can be achieved as a lot of cattle were processed last week. Hogs finally corrected the overbought status but selling may not yet have run its course.