Monday, May 20, 2013 11:32AM CDT
Despite complaints from Canada and Mexico, USDA has moved ahead with attempts to rewrite its rule following a trade case in the WTO against the U.S. that concluded USDA's original label discriminated against livestock from other countries. Canada has threatened to offer a list of U.S. products for retaliatory tariffs if the new rule goes into effect.
Friday, May 17, 2013 4:34PM CDT
The recent tragedy in West, Texas, has sparked increased debate about regulations surrounding on-farm fertilizer storage. DTN research shows a mix of regulations exist, depending on where a farm is located in the nation.
Friday, May 17, 2013 2:44PM CDT
Rep. Collin Peterson, D-Minn., said his conversations with House Agriculture Committee Chairman Frank Lucas, R-Okla., suggest the farm bill legislation will be debated in mid-June. Debate begins on the Senate bill Monday afternoon.
Corn futures are higher, soybeans higher, and wheat lower at 6 a.m. CDT.
Look for live and feeder contracts to start out moderately lower this morning, pressured by Friday's confirmation of larger than expected April placement activity. On the other hand, lean hog futures seem ready to open on a mixed basis thanks to a combination of residual selling interest and positive fundamentals.