CFTC Chairman Michael Selig acknowledged 24/7 trading "isn't for
everybody" as lawmakers raised concerns about its potential expansion into
agricultural markets.
BCFTC Chair Defends Prediction Markets
USDA's April 1 Cattle on Feed report due out on Friday is expected to be
mostly bullish for the cattle complex if pre-report estimates prove correct.
:^USDA Cattle on Feed Report Preview
Nebraska wildfires burned nearly 950,000 acres last month and multiple
relief programs from private organizations and federal agencies are now
available to help affected farmers and ranchers.
1^Aid Available for Nebraska Wildfire Victims
A 29,071-acre west Texas ranch, family-owned for nearly 60 years, sold for
$46.5 million through realtor Hall and Hall. The buyer's identity was
undisclosed.
7^29,000-Acre Texas Ranch Fetches $46.5M
Richard Fordyce, USDA's undersecretary for Farm Production and
Conservation, spoke to DTN about the status of the base-acre update on
Wednesday. He said FSA offices continue to dig into acreage history, but that
should be done over the next month.
4^FSA Reviews Planting Records for Base Acre Update