The world’s two biggest economies are battling over China’s aggressive campaign to challenge American technological dominance.
McCarthy defended the federal tax overhaul and the escalating tariff feud with China, which is expected to hit American farmers hard.
South Dakota's small grains harvest is in the final stages
Sheep and lamb slaughter under federal inspection for the week to date totaled 38,000 compared with 36,000 last week and 36,000 last year.
Bids for US 1 Soft White Wheat delivered to Portland in unit trains or barges during August for ordinary protein trended 20 to 32 cents per bushel higher compared to week ago prices for the same delivery period from 6.12-6.28.
Retail demand is light to moderate with many reporting slumping sales due to excessive heat in Southern California.
In the mountain states of Idaho, Utah and Colorado, milk production has yet to slow down. Milk intakes are following normal seasonal patterns.
The market continues to be very active on loads of yearlings especially in desirable flesh conditions that every cattle feeder loves to buy.
According to the NASS Crop Production report Aug. 10, California Alfalfa and Alfalfa Mixtures area harvested for 2018 is 730,000 acres with a yield of 3.70 bushels per acre vs. 720,000 acres with a yield of 3.90 bushels per acre for 2017.
China’s bulging trade surplus with the United States has been a frequent source of anger and threats from Trump.
During the past year, higher prices for oil, gasoline and transportation have caused the inflation rate to jump.
Livestock prices from around the region.
A major shareholder and two proxy advisory firms came out against the deal.
Gas prices and other energy costs fell after two months of strong gains, and food costs also declined.