CME Daily Features
US - USDA announced on Monday that it plans to reduce the number of reports it issues, eliminating some reports in their entirety and publishing others less frequently. The reductions are, of course, being driven by budget cuts in Washington and have been talked about in general for more than a year, write Steve Meyer and Len Steiner.
US - A bill introduced Wednesday in the US House of Representatives by Congressmen Bob Goodlatte (R-Virginia) and Jim Costa (D-CA) would reduce the mandated usage of cornbased ethanol if the projected US year-end stocks-to-use ratio falls below specific levels, write Steve Meyer and Len Steiner.
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