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 was up 1 cent, January soybeans were up 6 cents and March KC wheat was up 4 cents.
Livestock closed with positive gains in all contracts except for December hogs on Friday. December hog futures have 1 1/2 weeks remaining to trade and will need to hold close to cash. Pork cutouts jumped to end the week. Live cattle were moderately higher despite a nice increase in Northern dressed prices.