Congress Returns to Same Partisan Agenda They Left Before Recess

Posted on 04/12/2021 5:05 AM

Vilsack appears Wednesday before House panel on USDA budget, year ahead

 


Washington Focus


 

Infrastructure will again be the focus in Washington this week. President Joe Biden continues to try to sell his $2.25 trillion infrastructure package to lawmakers from both parties this week. The president will meet on Monday with eight members of the House and Senate from both parties to discuss his American Jobs Plan.

 

     The list of lawmakers at the meeting: Sens. Maria Cantwell (D-Wash.); Deb Fischer (R-Neb.); Alex Padilla (D-Calif.); and Roger Wicker (R-Miss); and Reps. Garret Graves (R-La.); Donald Payne (D-N.J.); David Price (D-N.C.); and Don Young (R-Alaska).

 

     “We hope to do this in the most bipartisan way possible,” House Speaker Nancy Pelosi (D-Calif.) told reporters Thursday. “If we have to go to reconciliation, that’s a lever, but I hope it’s not something that we need to do.” Bills using reconciliation in the Senate can advance with just a simple majority, rather than 60 votes.

 

     Sen. John Thune (R-S.D.) said on Fox News Sunday that a smaller plan limited to spending on assets such as roads and bridges could be paid for by “repurposing” money for states that was included in the $1.9 trillion coronavirus relief law passed earlier this year. Sen. Wicker said that he thought an infrastructure deal was possible if the president was willing to negotiate a smaller package than he has proposed. “If he will do that with the Republicans that are meeting with him at the White House tomorrow, I think we can get somewhere and have a much bigger infrastructure package than we were able to do under the last administration,” he said on ABC’s This Week on Sunday.

 

Several congressional panels this week will focus on the fiscal year 2022 budget. On Wednesday, USDA Secretary Tom Vilsack will appear before the House Ag Appropriations Subcommittee on USDA’s budget and the year ahead.

 

     The Biden administration would increase USDA’s discretionary budget by $3.8 billion with a goal of building a framework for action on climate change and bolstering rural economies. The fiscal 2022 request for $27.8 billion, which includes $2.1 billion in wildfire suppression funds for the Forest Service, would be a 16 percent increase above the enacted fiscal 2021 level. The request released Friday calls for $400 million in new funding to help rural electric providers accelerate their transition to "carbon pollution free electricity" by 2035 and $40 million more for existing USDA climate hubs to expand their scientific work and outreach to landowners with a goal to getting them involved in climate-friendly practices.

 

     The administration also seeks $6.5 billion in lending authority as part of rural development for clean energy, energy storage and transmissions projects in rural communities. The request would increase the authority by $1 billion from the fiscal 2021 level. The administration says the increased work on energy will provide good-paying jobs in those communities.

 

     The budget document calls for $100 million “to create good-paying union jobs” to cap abandoned oil and gas wells and address abandoned mines on national forest land.

 

     USDA would receive $32 million to renew and expand a “Strikeforce” fund to work with other agencies to help people in high poverty and rural areas access federal programs. Vilsack has said that small and poor communities often find it difficult to navigate what can be complicated application processes or requirements.

 

     Overall, USDA research programs would receive $4 billion or $647 million above the fiscal 2021 enacted level of $3.3 billion. The requested funding also would provide for multi-agency work on measuring, monitoring and verifying carbon sequestration and reduction of greenhouse gas emissions. This could help provide data needed to develop basic information on the effectiveness of specific land and soil management practices in efforts to combat climate change.

 

     The Biden administration also is asking Congress for funding in these areas:

  • $6.7 billion, or $1 billion more than fiscal 2021, for the Women, Infants and Children supplemental nutrition program.
  • $1.7 billion, or $476 million more than fiscal 2021, for forest resiliency and high priority hazardous fuels removal in national forest lands to reduce the intensity of wildfires.
  • $1.2 billion, or $74 million more than fiscal 2021, for the Food Safety and Inspection Service with a goal of increasing the ability of small and regional meat processors to take on more work and ease choke points in the processing system that became apparent last spring as the COVID-19 pandemic slowed work or temporarily closed larger, regional plants.
  • $717 million, or $100 million more than fiscal 2021, for rural water and wastewater grants and loans.

Biden’s first budget aims to address racial inequities. President Joe Biden on Friday clearly signaled his commitment to addressing racial disparities, putting equity as a major focal point in his fiscal year 2022 discretionary budget request. “The moment has come for the Nation to deal with systemic racism and to ensure the promise of America is finally and fully open to all — not just some — Americans,” according to the 58-page document from the Office of Management and Budget (OMB).

 

     Seventeen of 22 departments and agencies explicitly mention new or expanded programs focused on racial disparities, inequality or civil rights. President Donald Trump’s 150-page fiscal year 2020 budget request did not once mention the words race, racial or civil rights. 

 

     The largest race-related proposal is a $20 billion increase to the Department of Education’s grants to schools in high-poverty areas, to $36.5 billion total. Most of that extra money would help schools in predominately Black and Hispanic neighborhoods. That would be besides the $125 billion for schools in the Covid-19 relief bill Biden signed in March and another $50 billion the president’s proposing in his infrastructure and jobs package. Those funds are focused on the physical plant of schools and public health — retrofitting HVAC systems and providing personal protective equipment in the relief bill and upgrading buildings in general in the jobs bill.

 

     The White House also proposes large increases to the Department of Housing and Urban Development budget to address racial wealth disparities, calling for a $5.4 billion jump in housing voucher funding, a $500 million bump in homeless assistance grants, and another $500 million increase for building and rehabbing affordable rental housing.

 

     Direct payments to selected minority farmers. The Covid-19 relief package that Democrats enacted in March also included a few provisions aimed at addressing racial inequity, like $5 billion for disadvantaged farmers that would help many Black farmers. And that $5 billion price tag may be too low as the funding language is “such sums as necessary.”

 

     Reparations for slavery. The House Judiciary Committee this week will vote on a resolution that would establish a commission to recommend possible reparation plans for slavery. “Through this legislation, we will finally be able to confront the stark societal disparities occurring in the African American community today and provide solutions,” said the measure’s chief sponsor, Rep. Sheila Jackson Lee (D-Texas). House Ag Committee Chairman David Scott (D-Ga.) is working on a Black farmers bill that would go beyond the estimated $5 billion debt relief provided in the Covid/economic stimulus bill. That measure authorized payments to minority farmers equal to 120% of the indebtedness on USDA direct and guaranteed loans they hold.

 

The Senate this week will also continue voting on many of Biden’s nominees, with a procedural vote Monday night on Polly Trottenberg to be deputy secretary of Transportation. The chamber later in the week is expected to approve the nomination of Gary Gensler to chair the Securities and Exchange Commission.

 


Hearings and Events This Week


 

Monday, April 12

  • President Joe Biden meets with Democratic and Republican members of the House and Senate to discuss the American Jobs Plan at the White House.
  • Federal Reserve. Boston Fed President Eric Rosengren scheduled to speak.
  • Food contaminants. USDA’s Codex office teleconference to provide information and receive public comments on agenda items and draft United States positions to be discussed at the 14th Session of the Codex Committee on Contaminants in Foods (CCCF) of the Codex Alimentarius Commission.
  • Ag innovation. Business Council for International Understanding virtual forum closed to the press on "Innovation in Agriculture: Regional Perspectives from Foreign Agriculture and Commercial Attaches."
  • School lunches. Washington Post Live virtual Path Forward discussion with Chobani founder and CEO Hamdi Ulukaya on "the need to provide healthy meals for the more than 30 million children who rely on free and reduced-price meals at school."
  • U.S./China educational exchanges. Brookings Institution virtual discussion on "Do U.S./China educational exchanges serve American interests?"
  • Banking policies. American Enterprise Institute for Public Policy Research virtual discussion on "Government policies reshape the banking industry: Changes, consequences and policy issues."
  • Egypt issues. Business Council for International Understanding virtual discussion closed to the press with Egypt Ambassador to the United States Motaz Zahran.
  • Supply chain issues. Woodrow Wilson Center virtual discussion on "Beyond Exigency: Insights on Supply Chain Vulnerabilities and Building Global Resilience."
  • Russian hacking. Heritage Foundation virtual discussion on "SolarWinds and Cozy Bears: How Russian Hackers Compromised the U.S. Government and How We Can Reduce the Chances of It Happening Again."
  • Post-pandemic workforce. Bipartisan Policy Center virtual discussion on "Preparing for the Post-Pandemic Workforce."
  • Climate change and Appalachia. Atlantic Council virtual discussion on "Reimagining Appalachia: The role of climate infrastructure in modernizing a regional economy."

Tuesday, April 13

  • Federal Reserve. Philadelphia Fed President Patrick Harker, Kansas City Fed President Esther George, San Francisco Fed President Mary Daly and Atlanta Fed President Raphael Bostic are scheduled to speak.
  • Immigration reform. U.S. Chamber of Commerce discussion on immigration reform.
  • China overseas lending. Johns Hopkins University Paul H Nitze School of Advanced International Studies virtual seventh annual China/Africa Research Initiative Conference on "China and 'Global' Norms on Export Finance," with the theme "China's Overseas Lending in Comparative Perspective."
  • Central banking. Peterson Institute for International Economics virtual discussion on "How to revisit central banking and financial stability."
  • Defense spending. Ronald Reagan Presidential Foundation and Institute webinar on "The Future of Defense Spending: Strategic Choices and Hard Tradeoffs."
  • Tax filing season. Senate Finance Committee hearing on "The 2021 Tax Filing Season and 21st Century IRS."
  • North Korea. George Washington University Institute for Korean virtual 2021 North Korea Economic Forum with the theme "How North Korea is Managing Its Economic Crisis."
  • Covid and emerging markets. Peterson Institute for International Economics virtual discussion on "Divergent recoveries from Covid-19: How will emerging markets fare?"
  • Pelosi remarks. House Speaker Nancy Pelosi (D-Calif.) addresses the Atlantic Council virtual forum on "Celebrating 160 years of U.S./Italian diplomatic relations."
  • FY 2022 budget: Defense. Senate Armed Services Committee hearing on the U.S. European Command and the U.S. Transportation Command in review of the Defense Authorization Request for FY 2022 and the Future Years Defense Program.
  • Defense innovation. Senate Appropriations Defense hearing on Defense Department innovation and research.
  • Housing issues. Senate Banking, Housing and Urban Affairs Committee hearing on "Separate and Unequal: The Legacy of Racial Discrimination in Housing."
  • Republican party. German Marshall Fund of the United States virtual discussion on "Where is the Republican Party Headed Post-Trump?"
  • Covid vaccines. Washington Post Live virtual discussion on "Coronavirus: Vaccines & Variants."
  • U.S./Iraq relations. Atlantic Council virtual discussion with Iraqi Ambassador to the United States Fareed Yasseen on opportunities and challenges, and the outlook for U.S./Iraq relations under the Biden administration.
  • Codex issues. USDA Codex Office teleconference of the Methods of Analysis and Sampling Subcommittee of the Codex Alimentarius Commission to receive public comments on agenda items and draft United States positions to be discussed at the 41st Session of the Codex Committee in Budapest, Hungary, May 17-21, 2021.
  • U.S./EU trade. Washington International Trade Association and the Friedrich Naumann Foundation webinar on "Transatlantic Dialogue on U.S., EU and Global Trade."
  • FY 2022 budget: National Science Foundation. Senate Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the President's proposed budget estimates for FY 2022 for the National Science Foundation and securing U.S. competitiveness.
  • Student debt. Senate Banking Economic Policy Subcommittee hearing on "The Student Debt Burden and Its Impact on Racial Justice, Borrowers and The Economy."
  • Travel, tourism and Covid. Senate Commerce, Science and Transportation Tourism, Trade, and Export Subcommittee hearing on "The State of Travel and Tourism During Covid."
  • U.S. elections. Heritage Foundation webinar on "Safeguarding Our Elections."

Wednesday, April 14

  • Federal Reserve. Fed Vice Chair Richard Clarida, New York Fed President John Williams, Atlanta Fed President Raphael Bostic and Dallas Fed President Robert Kaplan are scheduled to speak.  
  • Agriculture year ahead. House Appropriations Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Subcommittee hearing on "The U.S. Department of Agriculture —The Year Ahead,” with USDA Secretary Tom Vilsack testifying.
  • USDA outlook, Covid recovery. Business Council for International Understanding virtual discussion closed to the press with Seth Meyer, chief economist at USDA, on "the USDA's policy priorities, the economic outlook for 2021, Covid recovery and market issues."
  • Immigration. House Foreign Affairs Western Hemisphere, Civilian Security, Migration, and International Economic Policy Subcommittee hearing on "Renewing the United States' Commitment to Addressing the Root Causes of Migration from Central America."
  • Highway Trust Fund. Senate Environment and Public Works Committee hearing on "Long-term Solvency of the Highway Trust Fund: Lessons Learned from the Surface Transportation System Funding Alternatives Program and Other User-based Revenue Solutions, and How Funding Uncertainty Affects the Highway Programs."
  • WTO and subsidies reform. Asia Society Policy Institute virtual discussion on "Redefining the Rules: The Future of WTO (World Trade Organization) Subsidies Reform."
  • Taiwan issues. Brookings Institution webinar on "Difficult Choices: Taiwan's Quest for Security and the Good Life."
  • FEMA, OMB nominees. Senate Homeland Security and Governmental Affairs Committee markup to vote on the nominations of Deanne Bennett Criswell to be administrator of the Federal Emergency Management Agency; and Jason Scott Miller to be deputy director for management in the Office of Management and Budget.
  • Infrastructure. University of Colorado Law School's Silicon Flatirons Center virtual forum on "Platform Policy for Networks, Infrastructure and Applications."
  • U.S. economy. Economic Club of Washington, D.C. discussion on "the current state of the U.S. economy, the unprecedented actions taken by the Federal Reserve during the Covid-19 pandemic, and the economic indicators guiding the Federal Reserve's actions as the economy recovers."
  • Housing and financial infrastructure. House Financial Services Committee hearing on "Building Back Better: Examining the Need for Investments in America's Housing and Financial Infrastructure."
  • Global threats. Senate Select Intelligence Committee hearing on "Worldwide Threats."
  • FY 2022 budget: National Science Foundation. House Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on "The National Science Foundation's FY 2022 Budget Request."
  • Diplomatic and development issues. House Appropriations State, Foreign Operations and Related Programs Subcommittee hearing on "Critical Management Issues — U.S. Diplomatic and Development Agencies."
  • Covid-19. Senate Homeland Security and Governmental Affairs Committee hearing on preparedness for Covid-19, focusing on the initial pandemic response and lessons learned.
  • Water infrastructure. Senate Environment and Public Works Committee markup of S 914, the "Drinking Water and Wastewater Infrastructure Act of 2021."
  • Transportation members’ day. House Transportation and Infrastructure Committee hearing on "Members' Day."
  • Regulation. CQ Roll Call and FiscalNote virtual discussion on "The State of Regulations."
  • Sustainability. The Hill virtual forum on "The Sustainability Imperative,” with several lawmakers.
  • Clean energy workforce. Clinton Foundation virtual forum on "Expanding the Future of Work Today: Equitable and Inclusive Jobs for All," with Energy Secretary Jennifer Granholm and former President Bill Clinton participating.
  • Energy issues. United States Energy Association virtual discussion on "CONSENSUS: Unlocking the Energy Transition with the Keys to CCUS (carbon capture, utilization, and storage) Commercialization."
  • FEMA and Covid. Senate Appropriations Homeland Security Subcommittee hearing on the Federal Emergency Management Agency's response to Covid-19 and other challenges.
  • Vaccinations and the U.S. economy. Joint Economic Committee hearing on "Vaccinations and Economic Recovery."
  • Fed policy framework. Manhattan Institute virtual forum on "The Federal Reserve's New Policy Framework,” with Fed Vice Chair Richard Clarida.

Thursday, April 15

  • Federal Reserve. Atlanta Fed President Raphael Bostic, San Francisco Fed President Mary Daly and Cleveland Fed President Loretta Mester are scheduled to speak.
  • Climate inaction. Senate Budget Committee hearing on "The Cost of Inaction on Climate Change,” and the House Select Climate Crisis Committee also holds a hearing on "Making the Case for Climate Action: The Growing Risks and Costs of Inaction."
  • Hog industry issues. National Pork Producers Council briefing with reporters on industry and legislative issues.
  • USAID nomination. Senate Foreign Relations Committee markup to vote on the nomination of Samantha Power to be administrator of the U.S. Agency for International Development.
  • Greening US trade policy. Center for American Progress virtual discussion on "Greening U.S. Trade Policy."
  • DOE and energy competitiveness. Senate Energy and Natural Resources Committee hearing on the "Role of the DOE and Energy Innovation in American Economic Competitiveness."
  • NOAA and climate science. House Appropriations Commerce, Justice, Science, and Related Agencies Subcommittee hearing on "Increasing Risks of Climate Change and NOAA's Role in Providing Climate Services."
  • Chinese ambitions. U.S./China Economic and Security Review Commission teleconference on "A Net Assessment of the CCP's Economic Ambitions, Plans, and Metrics of Future Success."
  • Grid resiliency. Atlantic Council virtual discussion on "Raising Ambitions: Modernizing the power grid for a resilient future."
  • Covid vaccines. U.S. Agency for International Development and Gavi, the Vaccine Alliance, virtual event "to call on partners to join the COVAX Advance Market Commitment with the United States and others in providing resources and commitments to accelerate global Covid-19 vaccinations and end the pandemic."
  • Global threats. House Select Intelligence Committee hearing on "Worldwide Threats."
  • Small businesses and Covid. Export-Import Bank virtual meeting of the Board of Directors, including on Small Business Covid-19 (Coronavirus) Temporary Relief Measures Update; and Transportation Extension of COvid-19 Relief Measures: Bridge-Backstop Financing Program and Pre-Delivery-Pre-Export Financing Program.
  • Housing. Bipartisan Policy Center webinar on "Building a Bipartisan Housing Agenda This Congress."
  • Banking innovation. House Financial Services Consumer Protection and Financial Institutions Subcommittee hearing on "Banking Innovation or Regulatory Evasion? Exploring Trends in Financial Institution Charters."
  • FY 2022 budget: VA. House Appropriations Military Construction, Veterans Affairs, and Related Agencies Subcommittee hearing on "FY 2022 Budget Hearing: Department of Veterans Affairs."
  • FY 2022 budget: HHS. House Appropriations Labor, Health and Human Services, Education and Related Agencies Subcommittee hearing on "FY 2022 Budget Request for the Department of Health and Human Services."
  • Infrastructure and FAST reauthorization. Senate Banking, Housing and Urban Affairs Committee hearing on public transportation infrastructure investment and FAST Act Reauthorization.
  • Covid issues. House Oversight and Reform Coronavirus Crisis Subcommittee hearing on "Reaching the Light at the End of the Tunnel: A Science-Driven Approach to Swiftly and Safely Ending the Pandemic."
  • Maritime issues. House Transportation and Infrastructure Coast Guard and Maritime Transportation Subcommittee hearing on "Practical Steps Toward a Carbon-Free Maritime Industry: Updates on Fuels, Ports, and Technology."
  • Sustainability. The Hill virtual forum on "The Sustainability Imperative." White House National Climate Advisor Gina McCarthy participates in a session on "Leadership in Action."
  • Libor. House Financial Services Investor Protection, Entrepreneurship, and Capital Markets Subcommittee hearing on "The End of LIBOR (London Interbank Offered Rate): Transitioning to an Alternative Interest Rate Calculation for Mortgages, Student Loans, Business Borrowing, and Other Financial Products."
  • FY 2022 budget: U.S. Forest Service. House Appropriations Interior, Environment, and Related Agencies Subcommittee hearing on the "U.S. Forest Service FY 2022 Budget Request."
  • FY 2022 budget: DOT. House Appropriations Transportation, Housing and Urban Development, and Related Agencies Subcommittee hearing on "FY 2022 Budget Request for the Department of Transportation."
  • Orphaned wells. House Natural Resources Energy and Mineral Resources Subcommittee hearing on "Building Back Better: Creating Jobs and Reducing Pollution by Plugging and Reclaiming Orphaned Wells."
  • Infrastructure. Brookings Institution virtual discussion on "Rebuilding American infrastructure for the 21st century."
  • GOP trade agenda. Center for Strategic and International Studies virtual discussion on "the Republican Party's Trade Agenda."

Friday, April 16

  • 117th Congress. Washington Post Live virtual discussion on "New Government: 117th Congress."
  • Chinese lending. Center for Global Development virtual discussion on "How China Lends: A Rare Look into 100 Debt Contracts with Foreign Governments."
  • Railroad safety. Federal Railroad Administration teleconference to discuss recommendations to improve the efficiency and effectiveness of FRA's Railroad Safety Advisory Committee (RSAC).
  • U.S./Taiwan. Heritage Foundation virtual discussion on "U.S./Taiwan Partnership in the Pacific Islands."
  • Covid liability. RAND Corporation webinar on "Covid-19 Vaccine Liability and Compensation in the United States."
     

Economic Reports for the Week


 

A key economic report this week is Tuesday’s Consumer Price Index, with March data likely to show a heady acceleration from last year’s pandemic conditions. Economists may zero in on the monthly change to gauge momentum however, with a 0.5% gain forecast.

 

Monday, April 12

  • Treasury budget  
  • Federal Reserve: Boston Fed President Eric Rosengren scheduled to speak.

Tuesday, April 13

  • Bureau of Labor Statistics (BLS) Consumer Price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.
  • National Federation of Independent Business Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.
  • Federal Reserve: Philadelphia Fed President Patrick Harker, Kansas City Fed President Esther George, San Francisco Fed President Mary Daly and Atlanta Fed President Raphael Bostic are scheduled to speak.

Wednesday, April 14

  • MBA Mortgage Applications
  • BLS export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.
  • Federal Reserve Beige Book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.
  • Federal Reserve Chairman Jerome Powell speaks virtually to the Economic Club of Washington. Powell is likely to maintain the central bank’s mantra on inflation — that any upward pressure on consumer prices from fiscal stimulus “will be neither particularly large nor persistent.” Meanwhile, Fed Vice Chair Richard Clarida, New York Fed President John Williams, Atlanta Fed President Raphael Bostic and Dallas Fed President Robert Kaplan are also scheduled to speak.  
  • Fed policy framework: Manhattan Institute virtual forum on "The Federal Reserve's New Policy Framework,” with Fed Vice Chair Richard Clarida.

Thursday, April 15

  • U.S. jobless claims are hovering near pandemic-era lows, though the number of people filing applications for unemployment benefits unexpectedly rose two weeks in a row through the end of March. Economists are forecasting a drop in claims for the week ending April 10, which would suggest steady improvement in the labor market.
  • National Association of Home Builders NAHB/ Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.
  • Census Bureau retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.
  • Philadelphia Fed Manufacturing Business Outlook Survey
  • Empire State Manufacturing Survey
  • U.S. industrial production fell sharply in February as severe winter weather hit Texas and other parts of the country. The measure of factory, mining and utility output is expected to bounce back in March amid strong demand for factory goods.
  • Business Inventories
  • Fed Balance Sheet
  • Money Supply
  • Federal Reserve: Atlanta Fed President Raphael Bostic, San Francisco Fed President Mary Daly and Cleveland Fed President Loretta Mester are scheduled to speak.

Friday, April 16

  • University of Michigan Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.
  • Census Bureau new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.
     

Key USDA & international Ag & Energy Reports and Events 


 

USDA’s Crop Progress report issued on Monday will be taking on added importance with the coming plantings of key crops. Meanwhile, drought is spreading in cotton country, so crop progress will also be key for that commodity.

 

Monday, April 12
 

     Ag reports and events:

  • Export Inspections
  • Crop Progress
  • Feed Grains Database
  • Season Average Price Forecasts
  • Wheat Data
  • Crop Production Historical Track Records  
  • Malaysian Palm Oil Board data on March end-stocks, output, exports
  • Malaysia’s April 1-10 palm oil export data from SGS
  • EU weekly grain, oilseed import and export data

     Energy reports and events:

  • U.S. EIA’s Drilling Productivity report; Includes oil, gas production forecasts for May for various U.S. regions, including Permian and Bakken
  • Gasoil April futures contract expires on ICE Futures Europe

Tuesday, April 13
 

     Ag reports and events:

  • Cotton and Wool Outlook
  • Meat Price Spreads
  • Oil Crops Outlook
  • Dairy Monthly Tables
  • Feed Outlook
  • Rice Outlook
  • Wheat Outlook
  • China customs to publish trade data, including imports of soy, edible oils, meat
  • France’s agriculture ministry updates on 2021 crop plantings
  • Malaysian Cocoa Board releases 1Q 2021 cocoa grinding numbers
  • Holiday: Thailand

     Energy reports and events:

  • API weekly U.S. oil inventory report
  • China’s first batch of March trade data, including oil imports; oil products imports & exports
  • OPEC monthly oil market report, with estimates of production and demand
  • BNEF conference, 1st day of 2

Wednesday, April 14
 

     Ag reports and events:

  • Broiler Hatchery
  • Turkey Hatchery
  • Feed Grains: Yearbook Tables
  • Unica’s data on cane crush and sugar production in Brazil’s center-south region (tentative)
  • FranceAgriMer monthly grains report
  • European Cocoa Association’s quarterly grind data (tentative)
  • Holiday: India, Bangladesh, Thailand

     Energy reports and events:

  • EIA weekly U.S. oil inventory report
  • U.S. weekly ethanol inventories
  • Genscape weekly crude inventories in Europe’s ARA region, 9am London time
  • IEA monthly oil market report, with estimates of production and demand
  • Holiday: India

Thursday, April 15
 

     Ag reports and events:

  • Weekly Export Sales
  • Livestock, Dairy, and Poultry Outlook
  • Sugar and Sweeteners Outlook
  • Potato Stocks
  • Malaysia’s April 1-15 palm oil export data
  • U.S. National Confectionery Association releases first quarter cocoa grinding data for North America
  • White sugar May contract expires
  • Holiday: Thailand

     Energy reports and events:

  • EIA natural gas storage change
  • Singapore onshore oil-product stockpile weekly data
  • Russian weekly refinery outage data from ministry
  • Insights Global weekly oil product inventories in Europe’s ARA region
  • Russian Urals crude oil 5-day loading program for May

Friday, April 16
 

     Ag reports and events:

  • CFTC Commitments of Traders report
  • Peanut Prices
  • Vegetable and Pulses Outlook
  • Cocoa Association of Asia releases 1Q 2021 cocoa grinding data
  • FranceAgriMer weekly update on crop conditions

     Energy reports and events:

  • Baker Hughes weekly U.S. oil/gas rig counts
  • China’s March output data, including steel & aluminum; coal, gas & power generation; and crude oil & refining

 

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