Latest News From Davis Michaelsen

AgRural trims crop estimate, E.U. Supermarket chains will not sell Brazilian beef and the cash hog market continues to signal a seasonal low...

China's factory production beats expectations, Iowa farmland values shot higher in 2021 and bipartisan Senators work to limit RFS revisions...

Dry South American weather takes its toll, EPA seeks comments on SRE's and the Biden administration looks to advance EV charging network...

Davis Michaelsen and Pro Farmer Policy Analyst Jim Wiesemeyer discuss Jim's conversations with farmers, foreign threats and this week in Washington...

U.S. October ag exports tap record, executive order to make the U.S. government carbon neutral by 2050 and U.S. allies join diplomatic Olympic boycott...

Biofuel groups react to EPA proposals, Biden threatens Putin with sanctions and the House clears debt limit hike...

Pro Farmer policy analyst Jim Wiesemeyer and AgriTalk's Davis Michaelsen reflect on the life of U.S. Senator Bob Dole plus the debt ceiling, BBB, President Biden's challenges, and foreign hotspots.

Corn soybean and wheat futures opened firmer overnight but have faded and continue to soften to start the week. Live and feeder cattle futures are mildly lower as lean hog futures fall sharply.

Editor Brian Grete and Davis Michaelsen discuss the week's market action...

Both chambers pass stopgap funding measure, economists expect unemployment to soften and households have been stashing cash...

Legislators work to keep the government open, FAO's food price index continues to climb and China compels energy purveyors to prioritize shipments to fertilizer producers...

OECD predicts persistent inflation in 2022, RVO's still nowhere to be found and global sugar supplies are expected to tighten for the third consecutive year...

Moderna considers new vaccine for Omicron variant, EU consumer inflation surges and Beijing intends to host the winter Olympics as planned...

General Mills will raise grocery prices, ethanol exports are expected to rise to a record and feedlots pass on higher cash cattle prices...

Powell says the Fed will focus on fighting inflation, holiday travel numbers are expected to increase and the EU is turning back to coal...

Build Back Better, big import tariffs still exist, $27 billion for conservation efforts, announcement on RFS mandates still held up by EPA – these and many more topics discussed by Chip Flory and Jim Wiesemeyer...

Editor Brian Grete and Davis Michaelsen discuss this week's market action...

Austria announces lockdown and Germany may follow, CBO estimates the BBB package would increase the deficit and USDA will release its Cattle On Feed Report this afternoon...

The CBO has completed its review of the BBB package, Biden will meet with his Canadian and Mexican counterparts today and UAW workers reach agreement with Deere and Co.

House Dems hope to pass BBB this week, Canada's wheat plantings are likely to rise, and the EU looks to leverage imports against deforestation...

President Biden met with his Chinese counterpart, Cordonnier holds Brazilian crop estimates steady and the opinions of traders differ with IEA on oil price...

The Bipartisan Infrastructure Framework is scheduled to be signed by President Biden this afternoon. The Build Back Better plan has a way to go, but the White House hopes to have it approved as late as this weekend.

Fines against idling containers is easing the backlog at the Port of Long Beach, Beijing signals willingness to cool tensions with the U.S. and USDA raised its 2021 cash steer price forecast...

Traders expect USDA to raise corn and soybean estimates in today's report, the Biden Administration mulls releasing crude from reserves and cash cattle prices hit long-time high...

Chip Flory and Jim Wiesemeyer discuss the recent House passage of the physical infrastructure bill, the Build Back Better bill, and the momentum the Virginia governor's race may have generated...

Global food prices continue to rise, world cereal production to set record and House Democrats hope to vote on infrastructure bills by the end of the week...

Deere & Co. workers reject contract settlement, Youngkin defeats McAuliffe in Virginia and China pledges to cut coal use...

Chip Flory and Jim Wiesemeyer recap last week's Day of Ethanol on AgriTalk and discuss where other fossil fuels may stand. Plus when will the latest Infrastructure bill(s) be voted on in the House?

Wheat futures are sharply higher with corn higher on spillover support. Soybeans are working on a recovery from overnight pressure. Live cattle futures are firmer and lean hogs are slightly higher to start the week.

Davis Michaelsen and Editor Brian Grete discuss the week's market action...

USDA Secretary Tom Vilsack joins Chip Flory and Jim Wiesemeyer to discuss the updated Build Back Better framework and what it means for U.S. agriculture, including money invested for biofuels and conservation.

The sweeping infrastructure package failed to make it to a vote, Chinese coal futures tumble and Yellen still labels inflation as 'transitory'...

President Biden hopes to find consensus on the social and climate change infrastructure bill, USTR Tai will meet with chicken producers and Chinese pork prices slide...

South American crop projections hover near record highs, China will work to curb emissions and the pork cutout continues to soften...

This week we welcome special guest David Wasserman, Senior Editor, U.S. House of Representatives for The Cook Political Report. David shares his perspective on potential outcomes of national elections.

Soybeans are leading gains in the grain markets with livestock futures also higher to start the week.

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Biden hopes for a House floor vote on human infrastructure bill by the end of the month, China encourages coal production and USDA is short-staffed...

Secretary Vilsack shores-up GMO export approval with Mexico, California Governor looks to loosen supply chain snare and China signs agreement to import U.S. LNG...

Heavy rains hamper harvest and wheat seedings in China, USDA Secy. Vilsack to visit Mexican counterpart and dairy exports to the U.K. 

Senators urge USDA to make good on biofuel aid, Cordonnier notes improving conditions in Brazil and Treasury Secretary Yellen presses lawmakers to act on debt ceiling...

We remember former U.S. Secretary of State General Colin Powell who passed away this morning, plus Chip Flory and Jim Wiesemeyer discuss what's new with the infrastructure bill(s) and a lot more.

Soybean futures are under light pressure with corn and wheat mixed. Livestock futures are lower to start the week with hog futures holding just above last week’s lows.

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Still no word on RFS proposed levels, Chinese corn prices drop to align with wheat and dissatisfied workers walk out at Deere and other major companies...

Soybean futures suffer technical damage, inflation continues to build and EPA announces upcoming roundtables to discuss WOTUS...

China's grain and meat imports fall, the House passes debt legislation and the Fed hints at tapering asset purchases...

USDA will release key report data at 11am CT, Cordonnier raises Brazilian corn crop estimate and WHO asks China to closely monitor a strain of H5N6 bird flu...

Grain and soybean futures favored the upside in the overnight but are slightly lower after the open. Cattle futures are under light pressure and lean hog futures are off to a moderately lower start.

Davis Michaelsen and Editor Brian Grete discus this week's market action...