Rollins Details Economic Aid, USDA Cuts
Agriculture Secretary Brooke Rollins announced details of the new Emergency Commodity Assistance Program, or ECAP, as she spoke Sunday to a packed exhibit hall of farmers and vendors at the Commodity Classic show in Denver. The program will provide $10 billion to commodity crop producers.
Top 5 Things to Watch
We'll track continued cost-cutting moves in USDA and elsewhere, keep an eye on widespread rain to heavy snow and blizzard conditions with high winds in the Midwest on Tuesday/Wednesday, cover Commodity Classic and gear up for our spring outlook webinar Friday.
Cash Market Moves
The office of the United States Trade Representative (USTR) is proposing fees on Chinese-made ships entering U.S. ports, which could be financially detrimental to U.S. businesses, including the agricultural industry.