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CRS Reports Now Public

Market Intel / September 21, 2018

Congressional Research Service reports are as good as  reports get, but until this week, they were for Congress’ eyes only. Now, however, the reports are accessible to everyone through the Library of Congress website, as mandated by lawmakers in the. omnibus spending bill, also known as the Consolidated Appropriations Act, 2018.

A simple search for the word “agriculture” returns 70 results just since Jan. 1. In only the last three weeks, three excellent agriculture articles have been released: Agriculture in the WTO: Rules and Limits on U.S. Domestic Support (Sept. 6), Farm Policy: USDA’s Trade Aid Package (Sept.12)  and  Farm Bills: Major Legislative Actions, 1965-2018 (Sept. 21). Read like a Congressional staffer at https://crsreports.congress.gov/.

Contact:
Veronica Nigh
Economist
(202) 406-3622
veronican@fb.org
 

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USDA’s May 13 Crop Progress report revealed the U.S. corn crop at 30% planted, down 36 percentage points from the five-year average of 66% complete at this point in the planting season and down 29 percentage points from 2018 progress. Analysts had projected corn plantings at 35% complete. Similar delays are being realized in the U.S. soybean crop with only 9% planted, down 20 percentage points from the five-year average of 29% planted and down 23 percentage points from last year. Soybean plantings are down 6 percentage points from analysts’ expectations of 15%.

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