Archive for August 2019

USDA Encourages Ag Producers, Residents to Prepare for Hurricane Dorian

USDA

WASHINGTON, Aug. 30, 2019 – The U.S. Department of Agriculture (USDA) reminds communities, farmers and ranchers, families and small businesses in the path of Hurricane Dorian that USDA has programs that provide assistance in the wake of disasters. USDA staff in regional, state and county offices stand ready and are eager to help. In a…

Read More

Secretary Perdue Statement on Beef Processing Facility in Holcomb, Kansas

USDA

Release & Contact Info Press Release Release No. 0130.19 Contact: USDA PressEmail: [email protected] (Washington, D.C. August 28, 2019) – U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the beef processing facility in Holcomb, Kan.: “As part of our continued efforts to monitor the impact of the fire at the beef processing facility in Holcomb,…

Read More

Fed: Out of Options

About the Presenter Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions. View more reports…

Read More

Secretary Perdue Statement on Japan Agreement

USDA

Release & Contact Info Press Release Release No. 0129.19 Contact: USDA PressEmail: [email protected] (Washington, D.C. August 25, 2019) – U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the new trade agreement between the United States and Japan: “Japan is a significant market for United States agriculture exports, making today a good day for American agriculture.…

Read More

USDA Details Trade Damage Estimate Calculations

USDA

(Washington, D.C., August 23, 2019) – U.S. Secretary of Agriculture Sonny Perdue today announced that the U.S. Department of Agriculture (USDA) Office of the Chief Economist has published a detailed accounting of how estimated damage from trade disruptions was calculated for its support package for farmers announced on July 25, 2019. USDA’s Office of the…

Read More

Trade War: Adding up the Costs

Ag options Our diverse selection of Agricultural options offers market participants the flexibility they need for effective risk management, as well as the ability to execute volatility strategies or event-driven trades. Our portfolio of Grain, Oilseed, Livestock, and Dairy products provides an array of opportunities from outright and spread options, including Calendar and Intercommodity Spread…

Read More

Secretary Perdue Statement on New Draft Suspension Agreement on Fresh Tomatoes from Mexico

USDA

Release & Contact Info Statement Release No. 0127.19 Contact: USDA PressEmail: [email protected] (Washington, D.C., August 22, 2019) – U.S. Secretary of Agriculture Sonny Perdue issued the following statement after U.S. Department of Commerce announced a new Draft Suspension Agreement on Fresh Tomatoes from Mexico: “I want to thank my colleagues at the U.S. Department of…

Read More

The Magic Number for Continued US Jobs Growth

The good news, for the moment, is that credit spreads are far below 6.5%.  In July, high-yield bonds averaged 3.9%.  According to our model, a 3.9%-reading, even given the other factors, including the relatively flat US yield curve, is still consistent with a net new jobs creation of 154K for the month of August (+/-122K…

Read More

USDA Announces Investments in Community Facilities that will Benefit Almost 200,000 Rural Americans

USDA

WASHINGTON, Aug. 21, 2019 – USDA Rural Housing Service Administrator Bruce Lammers today announced that the U.S. Department of Agriculture (USDA) is investing $52 million in 45 community facilities projects that will benefit nearly 200,000 rural residents (PDF, 151 KB) in 16 states. “Under the leadership of President Trump and Agriculture Secretary Sonny Perdue, USDA…

Read More

Will Pound Test Lows as Brexit Looms?

About the Presenter Erik Norland is Executive Director and Senior Economist of CME Group. He is responsible for generating economic analysis on global financial markets by identifying emerging trends, evaluating economic factors and forecasting their impact on CME Group and the company’s business strategy, and upon those who trade in its various markets. He is…

Read More