Latest News From Jim Wiesemeyer

Issues This Week: Biden’s FY 2023 Budget and USTR Tai on Trade Agenda
Issues This Week: Biden’s FY 2023 Budget and USTR Tai on Trade Agenda

Key USDA reports this week: Hogs & Pigs report, Prospective Plantings, Grain Stocks

USDA makes significant upward revisions in food price forecast
USDA makes significant upward revisions in food price forecast

USDA expects 2022 food prices to increase 4.5% to 5.5%

Some FSA Offices Errantly Telling Farmers WHIP+ Is on Hold
Some FSA Offices Errantly Telling Farmers WHIP+ Is on Hold

Biden: ‘With regards to food shortages, it's going to be real’

Will Push by Some Ag Groups to Plant Some CRP Acres Alter RFS Mandates?
Will Push by Some Ag Groups to Plant Some CRP Acres Alter RFS Mandates?

U.S. and EU close to deal aimed at slashing Europe’s dependence on Russian energy

Former Top USDA Economist: Suspend the RFS Biodiesel Mandate
Former Top USDA Economist: Suspend the RFS Biodiesel Mandate

Biden heads to Europe, may offer U.S. wheat donation to Ukraine

Canadian Pacific Railway, Union Agree to Arbitration, Ending Work Stoppage
Canadian Pacific Railway, Union Agree to Arbitration, Ending Work Stoppage

WSJ: Ag giants like Cargill have refused to cut ties with Russia, citing humanitarian concerns

U.S. Shipping Costs Surge as China Looks to U.S. for More Corn; Other Factors Cited
U.S. Shipping Costs Surge as China Looks to U.S. for More Corn; Other Factors Cited

Major media now focusing on potential for still higher food prices, surging fertilizer costs

USDA Will Likely Again Boost Food Price Forecasts This Friday
USDA Will Likely Again Boost Food Price Forecasts This Friday

Fed speakers galore this week, including chairman Powell | SCOTUS hearings

NASS to Livestream Briefings to USDA Secretary Beginning March 30
NASS to Livestream Briefings to USDA Secretary Beginning March 30

Biden, Xi talk | Ukraine deputy ag minister details planting woes | Canadian shippers facing disruptions

USDA Late, Again, on Releasing WHIP+ Details
USDA Late, Again, on Releasing WHIP+ Details

Vilsack comments on fertilizer, biofuels while House Ag panel members spar again

Today: Zelensky Addresses Congress and Fed to Hike Rates
Today: Zelensky Addresses Congress and Fed to Hike Rates

Russia and Ukraine: Signs of progress on discussions to stop the war

Oil and Gold Markets Flashing V-Tops
Oil and Gold Markets Flashing V-Tops

Continued signs of U.S. inflation as Tesla again raises prices

China Places 17.5 Mil. Residents of Shenzhen into Lockdown; Impact on Economy, Logistics
China Places 17.5 Mil. Residents of Shenzhen into Lockdown; Impact on Economy, Logistics

Argentina suspends export registrations for meal and soyoil

U.S. & China to Hold First High-Level, In-Person Talks Since Russian Invasion of Ukraine
U.S. & China to Hold First High-Level, In-Person Talks Since Russian Invasion of Ukraine

Vilsack: USDA seeking info on competition in fertilizer, seed, farm inputs, food sector

USDA Seeking More Info Before Making Much-Delayed Payments to Hog Producers
USDA Seeking More Info Before Making Much-Delayed Payments to Hog Producers

U.N./FAO provides info on Ukraine planting impacts from war with Russia; food price impacts

U.S. Inflation Soars to 7.9% in February, A Four-Decade High; Food Prices Rise 7.9% YOY
U.S. Inflation Soars to 7.9% in February, A Four-Decade High; Food Prices Rise 7.9% YOY

U.S. export sales to all destinations topped 2 million tonnes each for corn and soybeans for week ending March 3

Dueling Sanctions: U.S. Bans Russian Oil, Putin Halts Exports of Key Products Until Dec. 31
Dueling Sanctions: U.S. Bans Russian Oil, Putin Halts Exports of Key Products Until Dec. 31

New world disorder taking shape | USDA WASDE today | Wheat market volatility continues

Senior Official: Biden This Morning to Ban Importation of Russian Oil into U.S.
Senior Official: Biden This Morning to Ban Importation of Russian Oil into U.S.

Some analysts upping odds of $5-plus regular gasoline average ahead

Typical Russian Brutality Surfaces in War with Ukraine
Typical Russian Brutality Surfaces in War with Ukraine

Analysts size up ag markets in a very uncertain world ahead

Russian Invasion Continues to Impact Markets & Policy. Next: USDA’s March 9 WASDE
Russian Invasion Continues to Impact Markets & Policy. Next: USDA’s March 9 WASDE

Appropriators ‘rush’ to get agreement on third attempt at Fiscal Year 2022 budget

Commodity Prices Roar Higher with War in Ukraine Continuing to Fuel Fears of Supply Crunches
Commodity Prices Roar Higher with War in Ukraine Continuing to Fuel Fears of Supply Crunches

Food security and food inflation are now battle cries in several countries, including U.S., along with EU.

Russia’s Invasion of Ukraine Enters Second Week, Energy Prices Retreat on Rumors of Iran Deal
Russia’s Invasion of Ukraine Enters Second Week, Energy Prices Retreat on Rumors of Iran Deal

China reportedly buying U.S. corn after continued buys of soybeans

Biden’s State of the Union Address Pushes Unity Against Russia, Battle Against Inflation
Biden’s State of the Union Address Pushes Unity Against Russia, Battle Against Inflation

Fed chairman comments | Farm groups focus on input costs, need for higher reference prices

Massive Russian Convoy Near Ukraine's Capital as Oil Prices Surge
Massive Russian Convoy Near Ukraine's Capital as Oil Prices Surge

SOTU address | Russian exports | U.S. trade deficit in goods hits fresh record

Markets are Hyper-Sensitive to Fast-Moving Russia/Ukraine Events
Markets are Hyper-Sensitive to Fast-Moving Russia/Ukraine Events

Russia raises rates to 20% as ruble plunges | Shipping from Ukrainian ports all but ceased

Russian Invasion of Ukraine Overtakes other Washington Issues as Congress Returns
Russian Invasion of Ukraine Overtakes other Washington Issues as Congress Returns

President Biden to give State of the Union address Tuesday amid a worried nation

Putin Calls Off Peace Talks as Ukrainian Forces Showing Stiff Resistance
Putin Calls Off Peace Talks as Ukrainian Forces Showing Stiff Resistance

China distances itself from Russia | U.S., EU mull SWIFT action against Russia, announce other sanctions

Russia Agrees to Talks with Ukraine, Impacting Several Markets, Including Ag Futures
Russia Agrees to Talks with Ukraine, Impacting Several Markets, Including Ag Futures

Vilsack comments on food prices, fertilizer and China | Vilsack/USTR Tai on tap today

USDA Releases First Look at 2022-23 Supply & Demand for U.S. Ag
USDA Releases First Look at 2022-23 Supply & Demand for U.S. Ag

General Mills warns it has been facing ‘acute supply shortages’

Russian Invasion Begins that Biden Calls 'Premeditated War'
Russian Invasion Begins that Biden Calls 'Premeditated War'

Biden to speak to nation, confer with G7 leaders | Markets reacting to invasion

First Tranche’ of Sanctions Against Russia Seen as Less Severe Than Expected
First Tranche’ of Sanctions Against Russia Seen as Less Severe Than Expected

Surge in commodity prices from crude to metals to wheat is pausing today

Weak Initial U.S. Sanctions Confront Strong Russian Moves; Germany Halts Pipeline
Weak Initial U.S. Sanctions Confront Strong Russian Moves; Germany Halts Pipeline

Oil, natural gas, wheat, corn & other markets rally on Putin moves | Defining invasion

Putin Recognizes Independence of Ukraine Separatist Regions in Move Seen as First Step
Putin Recognizes Independence of Ukraine Separatist Regions in Move Seen as First Step

Biden blocks all U.S. investments in Ukrainian separatist regions

Biden Agrees to Meet Putin, Provided There's No Invasion
Biden Agrees to Meet Putin, Provided There's No Invasion

With some South American crops plunging, USDA to issue new-crop guesstimates Thursday

Russia/Ukraine Absorbs Political Leaders and Markets
Russia/Ukraine Absorbs Political Leaders and Markets

Congress out | Vilsack in Dubai | USDA outlook confab Thursday and Friday

Happy Friday? Invasion Risk | Surging Inflation | Higher Rates | Oh Canada | No Porsche?
Happy Friday? Invasion Risk | Surging Inflation | Higher Rates | Oh Canada | No Porsche?

Russia-Ukraine tension drives gas prices | Rep. Hagedorn dies

U.S. and NATO: No Indication Russia Is De-escalating Anything
U.S. and NATO: No Indication Russia Is De-escalating Anything

Vilsack wants DOJ to investigate input prices | Some signs of relief re: supply chain backlogs

Republicans Warn USDA on Coming Oversight of Climate Efforts
Republicans Warn USDA on Coming Oversight of Climate Efforts

Russia/Ukraine: Read whatever you want from developments as outcome remains murky

Russia Pulls Back Some Troops Around Ukraine but U.S. Official Tempers De-escalation
Russia Pulls Back Some Troops Around Ukraine but U.S. Official Tempers De-escalation

Senate Republicans focus on Biden administration vaccine mandate

Putin: Open for Conversation on Ukraine
Putin: Open for Conversation on Ukraine

Farmers, crop insurance agents have different opinions regarding SCO

Biden, Ukrainian President Speak as U.S. Again Warns Invasion Could Soon Happen
Biden, Ukrainian President Speak as U.S. Again Warns Invasion Could Soon Happen

Canada to Reopen Bridge to U.S. After Clearing Away Protestors | Senate to clear CR

Kremlin Tightening Military Vise on Ukraine
Kremlin Tightening Military Vise on Ukraine

What farmers are saying and asking

U.S. Inflation Jumped 7.5% in Past Year, New 40-Year High
U.S. Inflation Jumped 7.5% in Past Year, New 40-Year High

Conab slashes Brazil bean crop est. | China cancels some big prior U.S. corn sales

U.S. Trade Deficit Increased 27% Last Year to All-Time High of $859.1 Billion
U.S. Trade Deficit Increased 27% Last Year to All-Time High of $859.1 Billion

U.S. trade deficit with China grew 14.5% for 2021 as China short on Phase 1 commitments

France: Vladimir Putin Moving Towards De-escalating Ukraine Crisis
France: Vladimir Putin Moving Towards De-escalating Ukraine Crisis

Vilsack, USDA provide some details of pilot projects using climate-smart practices

Leaders of China & Russia Signal New World Order
Leaders of China & Russia Signal New World Order

WSJ: Biden admin. preparing first broad economic strategy for Asia-Pacific region

Surprised? Congress Again Woefully Tardy in Getting Spending Bill Completed
Surprised? Congress Again Woefully Tardy in Getting Spending Bill Completed

Are the Russians coming? | Another House farm bill hearing | More Covid aid

First House Ag Farm Bill Hearing Shows Battles Ahead Via Political Party Differences
First House Ag Farm Bill Hearing Shows Battles Ahead Via Political Party Differences

Covid policy reaches a turning point as countries start opening up, changing positions

First New Farm Bill Hearing Today, Next One Set for Feb. 8
First New Farm Bill Hearing Today, Next One Set for Feb. 8

Commerce makes preliminary determination urea nitrate from Russia, Trinidad and Tobago