The spot dollar finished higher on Tuesday for the first time in four sessions, but failed at technical resistance. Noncommercial traders continue to hold a net-short futures position, while media is focusing on one analyst calling for the loonie to test record lows.
There's new evidence that despite chicken's zooming performance over beef in recent decades, this pronounced growth bias continues to accelerate -- perhaps to a longer-term disadvantage for the poultry industry.
Agriculture Sonny Perdue on Tuesday announced that the list of cities to which the Trump administration wants to relocate most of the employees in the Economic Research Service and the National Institute of Food Agriculture has been narrowed from 136 to 67.
While commercial banks and Farm Credit system lenders hold nearly equal shares of farm debt, banks hold more non-real estate debt, exposing them to greater risks if the farm economy continues to flounder.
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