Farms.com Home   News

Will We See A Familiar Face In The US Department Of Agriculture?

US President Joe Biden is now sitting in the Oval Office in Washington, DC.
 
One of his top priorities will be finalizing his inner cabinet.
 
Tom Vilsack is expected to return as Secretary of Agriculture a role he served in under the Obama Administration.
 
Federal Agriculture Minister Marie-Claude Bibeau says the change in the White House means we should have a partner that is more predictable:
 
"We know that the Americans will always be a tough trading partner, but in the same time, I'm confident that we will have discussions based on science. That we will be able to trust that they will comply with the agreement that we have both signed. This predictability will be very much appreciated."
 
Some farm groups here in Canada may have some issues with Vilsack's return, remembering the battles over U.S. country-of-origin labelling and Canada's supply managed sector.
Click here to see more...

Trending Video

2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

Video: 2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
Crude oil breaking lower technically on news of a peace deal with Iran.
Elon Musk is now a trillionaire with the debut of the SpaceX IPO today!
Markets pricing in a 2026 U.S. corn yield at 187 bpa with the worst start to June in 50+ years on non-threatening weather that remains a “wild card".
El Nino has arrived according to CPC.
U.S. wholesale Gulf urea prices plunged 81.3%.
The spreading of screwworm in the U.S. is BULLISH cattle long-term.
+ CFTC fund flow.