Latest News From Policy Update

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

Grain Markets Rattled by Threat of War Between Russia and Ukraine, Driving Wheat Higher
Grain Markets Rattled by Threat of War Between Russia and Ukraine, Driving Wheat Higher

Trucking, logistics companies noting impact of vaccine requirements on truckers

Ongoing Crop Insurance Case in Minnesota Could Have Implications for Others
Ongoing Crop Insurance Case in Minnesota Could Have Implications for Others

If Russia invades Ukraine: U.S., other sanctions could tip countries into recession

White House Cautioning about Friday’s Employment Report
White House Cautioning about Friday’s Employment Report

Updates for world food prices & U.S. farm income | Russia/Ukraine, China/Taiwan

Key Inflation Gauge Rose 5.8% in December, Fastest Since 1982
Key Inflation Gauge Rose 5.8% in December, Fastest Since 1982

Mixed outlook on Russia intentions re: Ukraine

Fed Pivots to Stymie Inflation, Prepared to Hike Rates Beginning in March
Fed Pivots to Stymie Inflation, Prepared to Hike Rates Beginning in March

USDA to extend Pandemic Cover Crop program | CRP signup announced

Traders Await FOMC Meeting Signals on Fed Policy Moves Ahead
Traders Await FOMC Meeting Signals on Fed Policy Moves Ahead

House panel requests info from four major packers | Prop 12 court ruling

IMF: Growth Slows as Economies Grapple with Supply Disruptions, Inflation, Record Debt
IMF: Growth Slows as Economies Grapple with Supply Disruptions, Inflation, Record Debt

SCOTUS to review WOTUS | Rural infrastructure funding | Dakota Access Pipeline impacts

State Department Orders Departure from U.S. Embassy in Kyiv, Ukraine
State Department Orders Departure from U.S. Embassy in Kyiv, Ukraine

More info on coming WHIP+ | Did Vilsack commit to 15 bil. gallons ethanol mandate?

Focus on Fed as FOMC Meets Amid Signals on Coming Rate Hikes
Focus on Fed as FOMC Meets Amid Signals on Coming Rate Hikes

Biden met with national security team amid reports Russia was planning to install a pro-Kremlin leader in Ukraine

Vilsack Comments on Host of Issues During House Ag Hearing
Vilsack Comments on Host of Issues During House Ag Hearing

Canada food prices, availability already being impacted by Covid vaccine mandate

Biden Talks About Russia/Ukraine, Covid, 2024 Ticket, Piecemeal BBB and Three Major Goals Ahead
Biden Talks About Russia/Ukraine, Covid, 2024 Ticket, Piecemeal BBB and Three Major Goals Ahead

Univ. of Arkansas completes analysis of Cattle Price Discovery and Transparency Act of 2021

Bond Futures Reacting to Possibility of Greater Than Expected Fed Rate Hike Ahead
Bond Futures Reacting to Possibility of Greater Than Expected Fed Rate Hike Ahead

No Supreme Court decision on Prop 12 petition, wetlands regulation

China’s Central Bank Cut Rates for First Time in Two Years While Xi Comments on Crackdowns
China’s Central Bank Cut Rates for First Time in Two Years While Xi Comments on Crackdowns

Brent crude at highest level since 2014 | Two-year Treasury yields above 1% first time since 2020

Senate Dems, Biden Still Push for Partisan Election Bill | Another Covid Aid Package?
Senate Dems, Biden Still Push for Partisan Election Bill | Another Covid Aid Package?

Vilsack scheduled to appear before House Ag Committee Thursday

New Covid-19 Vaccination Rules on U.S./Canada Border Have Shippers & Carriers Alarmed
New Covid-19 Vaccination Rules on U.S./Canada Border Have Shippers & Carriers Alarmed

ERS report: U.S./China trade war price tag: $27 billion in lost ag export sales

Inflation & Logistical Snafus Could Linger as Omicron Impacting Chinese Ports
Inflation & Logistical Snafus Could Linger as Omicron Impacting Chinese Ports

Kerfuffle among Dems on House Ag panel | Biofuel lobbyists could lose another RFS battle