Gov’t Shutdown Averted as Trump Signs CR Funding Through Sept. 30

FOMC | Crop insurance bill | Trump tariffs | U.S. military strikes Houthis in Yemen | Egg smuggling | RFK Jr. shakes up food industry

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March 16, 2025 10:28 AM

WEEK AHEAD_PF_FINAL.jpg — The Week Ahead

The Week Ahead: March 16, 2025

— Senate passes stopgap funding bill, avoiding shutdown. The Senate on Friday (March 14) approved a House-passed bill to extend government funding through Sept. 30 in a 54–46 vote, just hours before the shutdown deadline, with two Democrats joining 52 Republicans to pass the bill (the final vote needed just a simple majority). But the key vote came earlier, when the Senate voted 62-38 to advance the legislation — 9 Democrats and one Independent joined all but one Republican, Sen. Rand Paul (R-Ky.), to get over that threshold. The legislation, signed by President Donald Trump, increases defense spending by $6 billion while cutting non-defense funding by $13 billion, marginal changes when talking about a topline spending level of nearly $1.7 trillion.

Despite earlier Democratic opposition, Senate Minority Leader Chuck Schumer (D-N.Y.) ultimately backed the bill, drawing criticism from progressives and House Democrats. The decision sparked internal party tensions, with figures like Rep. Alexandria Ocasio-Cortez (D-N.Y.) and former speaker Nancy Pelosi (D-Calif.) voicing strong opposition. Trump praised Schumer’s support, calling it a “smart move” to avert a shutdown. Link to Schumer guest essay in the New York Times.

“My job is to be a leader, and you have to see beyond the curve,” Schumer told the Wall Street Journal in an interview. In three weeks, he said, the same people who argued for risking a government shutdown “would come to us and say, ‘Why’d you let them shut down the government and cut SNAP, food stamps for kids?’…and we would have no recourse.”

Schumer also said he was concerned about the effect of a shutdown on the federal courts. “One of the few checks on the Trump administration has been the courts, and after a short period of time, they could run out of money, under a shutdown,” Schumer told the WSJ. He said cases against the Trump administration “would be ground to a halt or slow to a snail’s pace.”

Sen. Chris Murphy (D-Conn.) gave a forceful rebuke of his party’s response to Republicans’ funding bill, telling NBC News’ Meet the Press that while he still has confidence in Schumer, the Democratic caucus must move with “urgency” and change tactics. “What’s important is that we meet this moment. And what I’m telling you is that if we continue to observe norms, if we continue to engage in business as usual, this democracy could be gone,” Murphy told moderator Kristen Welker. “I don’t think we have a year to save American democracy.”

— Trump orders military strikes against Houthis in Yemen. President Donald Trump announced a “decisive” military campaign against Houthi rebels in Yemen, vowing to use “overwhelming lethal force” to protect American and allied shipping in the Red Sea. The strikes, targeting Houthi bases and missile defenses, come in response to ongoing attacks on commercial and naval vessels. Trump criticized the Biden administration’s previous efforts as ineffective and warned Iran to cease support for the Houthis. The operation is expected to continue for days or weeks, though officials stress there will be no ground invasion.

U.S. military strikes on Yemen’s Houthi militants will be “unrelenting” until the group stops shooting at civilian and military vessels in the Red Sea, Pentagon chief Pete Hegseth said on Sunday, a day after President Donald Trump ordered new operations in the Middle East. “This campaign is about freedom of navigation and restoring deterrence. The minute the Houthis say, ‘We’ll stop shooting at your ships, we’ll stop shooting at your drones,’ this campaign will end,” Hegseth said in an interview on Fox News’ Sunday Morning Futures. “But until then, it will be unrelenting.”

White House National Security Advisor Mike Waltz said on Sunday the attacks on the Houthis were successful. “We hit the Houthi leadership, killing several of their key leaders — their infrastructure, the missiles,” Waltz said on Fox News Sunday. “We just hit them with overwhelming force and put Iran on notice that enough is enough.”

The Houthis are vowing retaliation. Nasr el-Din Amer, a spokesperson for the Houthis, told NBC News that the majority of the casualties from the airstrikes were women and children. The group plans to retaliate and said they would not stop until the “blockade on Gaza” is lifted. “We will respond to the recent escalation with further escalation,” he said.

— Voters divided on Trump’s early presidency, economic concerns persist. A new NBC News poll (link) finds that while Donald Trump’s election to a second term has lifted Republican optimism, voters remain skeptical of his economic policies. His approval rating stands at 47%, matching his highest mark, though 51% still disapprove. While his immigration policies garner majority approval, voters are less favorable on his handling of the economy, inflation, and foreign policy. Concerns over rising costs dominate public sentiment, with 60% saying their income is falling behind. Meanwhile, Democrats face record-low popularity, and the nation remains deeply polarized as Trump reshapes Washington.

— Mark Carney sworn in as Canada’s PM amid Trump’s trade war. Mark Carney, former central banker and Goldman Sachs executive, was sworn in Friday as Canada’s 24th prime minister. He takes office as the country faces escalating economic tensions with President Donald Trump, who has imposed tariffs and made controversial annexation remarks.

Carney replaces Justin Trudeau and is expected to call a general election soon. His leadership comes as a surge in nationalism boosts the Liberal Party’s chances in the polls. He has signaled willingness to meet with Trump, but only if Canadian sovereignty is respected.

Tough agenda. With Trump’s 25% steel and aluminum tariffs in place — and broader trade restrictions looming — Carney will navigate a high-stakes diplomatic and economic crisis, leveraging his experience managing financial turbulence during the 2008 crisis and Brexit. We have analysis of Trump’s tariffs below.

— Energy Council targets cost cuts by reducing regulations. The U.S. National Energy Dominance Council aims to cut oil industry costs by eliminating regulatory redundancies and streamlining approvals, according to Interior Secretary Doug Burgum. Speaking at CERAWeek, Burgum estimated potential savings of $6-$8 per barrel by reducing regulatory burden by 20-30%. The council, created by President Trump’s executive order, will focus on accelerating strategic energy projects, aiming to shorten approval timelines from 8-10 years to just 2-4.

— Pentagon weighs military options for U.S. access to Panama Canal. The Trump administration has reportedly directed the Pentagon to develop “credible military options” to secure U.S. access to the Panama Canal, according to a leaked government memo titled Interim National Defense Strategic Guidance, CNN reported. NBC also reported that the White House instructed the military to explore increasing troop presence in Panama.

The move follows Trump’s repeated statements about reclaiming control of the canal and countering Chinese influence. It remains unclear whether these options involve direct military action, a strategic show of force, or preparations for future threats. Any U.S. military buildup in Panama could heighten tensions, though President Jose Raul Mulino may be inclined to cooperate to avoid economic repercussions. Trump’s recent remarks on reclaiming the canal prompted a strong rebuke from Mulino, who stated that no such discussions had taken place. The U.S. currently maintains over 200 troops in Panama, including Special Forces units.

— WSJ report: U.S. border agents crack down on egg smuggling amid price surge. Border agents in El Paso, Texas, recently seized 64 pounds of meth hidden in a pickup truck’s seats and spare tire. However, it was the trays of eggs that raised further alarms, the Wall Street Journal reports (link). As egg prices in the U.S. skyrocket — reaching a record $5.90 per dozen last month — travelers are attempting to bring in cheaper eggs from Mexico, where they cost around $2 per dozen. USDA bans such imports due to the risk of spreading disease.

U.S. Customs and Border Protection (CBP) reports a 36% increase in egg interceptions this fiscal year, with some regions seeing even steeper rises. In El Paso, agents have stopped 90 would-be egg importers since January. Many travelers are unaware of the ban, while some attempt to conceal eggs, risking fines of up to $300.

In response to soaring egg prices, the Trump administration is investigating possible price manipulation by major producers and considering boosting egg imports from inspected sources. Meanwhile, U.S. authorities are incinerating confiscated eggs to prevent potential disease outbreaks.

With Easter approaching, border agents are also monitoring cascarones — festive, confetti-filled eggshells — to ensure they comply with regulations.

WASHINGTON FOCUS

Both the House and Senate are out this week following last week’s conclusion of a stopgap spending measure through September.

The focus this week will be on the Federal Reserve’s FOMC meeting which on Wednesday is expected to result in no change in interest rates. As usual, the Fed statement will be important for any rate clues ahead. The real focus will be on the updated Fed dot plot, summary of economic projections, and Chairman Jerome Powell’s press conference.

— Attention will remain on any tariff-related news from President Trump.
As markets reacted to rising recession fears and ongoing tariff uncertainty, President Trump defended his shifting tariff policies from the Oval Office last Wednesday (March 12). Looking ahead to April 2, which he termed “the big one,” Trump emphasized that his approach is about “flexibility, not inconsistency.” He asserted that after April 2, there would be “very little flexibility” as the U.S. seeks to reclaim what he claimed was taken by other countries and past “incompetent U.S. leadership.”

Douglas Holtz-Eakin, former CBO director, suggests that the Trump administration’s tariff strategy has been inconsistent, causing uncertainty in the markets. During an interview with the Wall Street Journal, Holtz-Eakin said, “The president put a 50% tariff on steel and aluminum, for example, on Canada on Monday and on Tuesday, pulled back to the 25% which he’s putting in place.” The back-and-forth nature of these tariffs has led to market volatility and confusion over long-term economic goals.

Holtz-Eakin warns that tariffs, especially on Canada and Mexico, have significant inflationary and recessionary effects. “The 25% tariffs in and of themselves, that’s a recession for Canada. Canada and the U.S. are closely linked, so that raises recession fears in the U.S. Go to 50% — that’s an enormous impact.” He noted the dangers of imposing tariffs without clear communication of their purpose.

While inflation numbers have been softer than expected, there is concern that tariffs could drive costs higher. “The good news is inflation is low and stable, two and a half to 3% depending on your measure. The bad news is, it’s not two, right? It’s sort of stopped making progress toward the 2% target,” Holtz-Eakin said. The Federal Reserve is in a difficult position, he believes, because tariffs create a stagflationary environment — raising costs while slowing economic growth.

Holtz-Eakin points out that retaliation from other countries compounds the economic impact. “A big difference this time is everybody’s ready to retaliate. Mexico has its retaliation ready. Canada was ready with its own. We’re already seeing the Europeans retaliate. China’s retaliated.” This tit-for-tat trade conflict increases economic uncertainty.

The lack of a clear, articulated tariff strategy makes it difficult for businesses and markets to plan ahead, he concluded. If tariffs on North American trade partners are imposed more aggressively, the risk of a recession grows, given the tightly integrated supply chains. The Federal Reserve faces a challenging balancing act, as it must decide whether to counteract tariff-induced inflation or focus on sustaining economic growth. Global trade wars and retaliatory tariffs make this economic policy even riskier.

— President Trump said he wants lawmakers to now turn their attention to an extension and expansion of his tax cut package from his first term, which can be accomplished without Democratic votes via a budget reconciliation measure.

House Speaker Mike Johnson (R-La.) discussed the reconciliation measure timeline and contents in the context of advancing President Trump’s agenda during the March 15 broadcast of Life, Liberty & Levin.

Timeline: Johnson has emphasized the importance of moving quickly on reconciliation, aiming to pass the reconciliation measure by Memorial Day. The House has set an ambitious timeline, with key steps expected in early April and final enactment by Memorial Day.

Contents: The reconciliation measure is expected to include several key areas:

Energy and border security: Language on energy policy reforms, border security enhancements, and defense spending increases.
Tax provisions: Extending the 2017 tax cuts, reducing corporate tax rates, simplifying the tax code, and implementing some new tax cuts President Trump proposed during the presidential campaign.
Spending cuts: The reconciliation package will include significant spending cuts over ten years to ensure fiscal sustainability.

— EU and U.S. seek path forward amid escalating trade war. Senior EU and U.S. officials recently held talks to navigate the fallout from President Trump’s new metal tariffs, which triggered a trade war between the allies. EU trade chief Maros Sefcovic spoke with U.S. Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer, emphasizing the need for dialogue. In response to the US’s 25% tariffs on steel and aluminum, the EU announced countermeasures on American products. Tensions escalated further with Trump’s threat of a 200% tariff on European alcohol unless Brussels backs down. Trump officials also plan to apply an across-the-board rate to each country, based on a calculation of their own tariffs and other trade barriers, such as digital taxes or value-added levies. More tariffs on key industries, including autos and semiconductors, are expected in the coming weeks.

— Trade war backlash: Retaliatory tariffs target Trump strongholds. As President Trump imposes tariffs on imports from multiple countries, foreign governments are striking back with targeted tariffs on American industries — hitting sectors with deep political and economic ties to the president’s base.

China has placed tariffs on corn farmers and carmakers, while Canada is targeting poultry and air-conditioning manufacturers. Meanwhile, the European Union is focusing on U.S. steel mills and slaughterhouses. These countermeasures are designed to pressure Trump to reverse course by directly impacting regions that overwhelmingly supported him.

Retaliatory tariffs could affect industries employing nearly 7.75 million Americans, with 4.48 million of those jobs located in counties that backed Trump in the last election, according to the New York Times (link). The Midwest and Southern states — especially Wisconsin, Indiana, and Iowa — are seeing some of the highest concentrations of affected workers.

While Trump argues tariffs will boost American jobs, economists suggest that retaliatory measures could negate those benefits, leading to job losses in manufacturing and agriculture. Many farmers, already hurt by past trade wars, could face renewed economic strain as foreign buyers shift to alternative suppliers.

Foreign governments appear to be strategically targeting industries in Trump-supporting areas to send a message: trade wars have consequences, and they know where it will hurt the most. (For more states in the NYT graphic, check the link to the article.)

— Trump eyes ceasefire talks with Putin amid Ukraine war. President Donald Trump may speak with Russian leader Vladimir Putin this week as part of U.S. efforts to broker a ceasefire in Ukraine, White House special envoy Steve Witkoff said Sunday. Despite Ukraine agreeing to truce terms in talks with U.S. officials, Putin has resisted an immediate ceasefire. Trump’s push for a deal has drawn criticism, particularly from Kyiv, as the U.S. temporarily halted arms shipments. Moscow remains cautiously optimistic about a potential agreement.

— Bipartisan bill expands crop insurance for new farmers and veterans. U.S. Sens. Amy Klobuchar (D-Minn.) and John Thune (R-S.D.) have introduced the Crop Insurance for Future Farmers Act, a bipartisan measure aimed at helping beginning farmers and veterans secure more affordable crop insurance. The bill extends the existing premium discount from five years to ten years, aligning with other USDA programs. “Even under the best of circumstances, starting a farm means taking on a great deal of risk,” Klobuchar said. “Expanding this successful program will provide needed certainty to farmers as they continue to build their farms and grow their businesses.”

Thune emphasized the bill’s role in supporting rural communities: “Crop insurance is the cornerstone of the farm safety net, and I’m proud to lead this legislation that would improve its effectiveness for beginning farmers and ranchers by providing more affordable options during their first ten years of operation.”

In the House, Reps. Randy Feenstra (R-Iowa) and Angie Craig (D-Minn.) are spearheading companion legislation. Feenstra highlighted the bill’s importance to Iowa’s agricultural future: “To keep our farmland in the hands of Iowa farmers and away from China and our foreign adversaries, we need to cut operating costs for our young and beginning farmers so they can grow, compete, and succeed.” Craig reinforced the need for farm safety nets: “New, beginning and veteran farmers rely on farm safety net programs like crop insurance to get their feet underneath them and build successful operations.”

— MAHA moms and RFK Jr. shake up the food industry. The White House is putting pressure on food manufacturers, with Health and Human Services Secretary Robert F. Kennedy Jr. leading the charge against controversial food additives. A recent video — featuring Kennedy and others struggling to pronounce common ingredients like “polysorbate 80" and “monosodium glutamate” — signaled a push to overhaul the food system.

“We’re going to fix this,” Kennedy declared, pledging to remove artificial dyes and chemicals deemed harmful. His initiative, backed by the Make America Healthy Again (MAHA) movement, has unsettled food companies, which fear broader ingredient bans.

Consumer advocate Vani Hari, aka the Food Babe, slammed U.S. manufacturers for using chemicals banned in Europe: “This hypocritical double standard has to stop today.” The FDA is now reconsidering the GRAS (Generally Recognized as Safe) rule, a long-standing policy allowing companies to self-certify ingredient safety.

Kennedy, acknowledging industry resistance, stated: “I can’t really blame the food companies. They’re just doing what we’ve allowed them to get away with.” However, with growing political backing — including Trump’s administration — change appears inevitable.

As Hari warned in a video: “If you are an American company poisoning us with ingredients you don’t use in other countries, we’re coming for you.” At the meeting, she presented a list of ingredients in U.S. foods that she said aren’t used in similar products overseas. In the past she has highlighted that over 10,000 chemicals are allowed in U.S. food, while the EU permits only about 400. Hari’s activism often focuses on exposing additives and chemicals used in U.S. foods that are banned in other countries, such as certain food dyes and preservatives. She advocates for greater transparency in food labeling and has successfully pushed for changes in product formulations by major brands.

Here are some specific chemicals banned in Europe but still used in the U.S.:

Titanium Dioxide (E171): Used as a colorant to enhance the whiteness or opacity of foods. It was banned in the EU in 2022 due to concerns over its genotoxicity and potential impact on the digestive tract and immune system.
Potassium Bromate (E924): Used to strengthen dough in bread and baked goods. It is a suspected carcinogen and banned in Europe, China, and India, but still allowed in the U.S. in certain quantities.
Brominated Vegetable Oil (BVO) (E443): Used in some beverages to prevent separation of citrus flavorings. It can accumulate in the body and is linked to health issues such as headaches and skin irritation.
Azodicarbonamide (E927a): A dough conditioner used in baked goods. It breaks down into semicarbazide, a known carcinogen, and is banned in Europe due to health concerns.
Propylparaben (E217): Used as a preservative to extend shelf life. It is banned in Europe due to concerns over hormone disruption but is still used in some U.S. food products.
Butylated Hydroxyanisole (BHA): An antioxidant and preservative linked to cancer in animal studies. While not banned in the U.S., it is classified as a possible human carcinogen by international agencies and is restricted in Europe.
Artificial Colors (e.g., Yellow No. 5, No. 6, Red No. 40): Some artificial colors are banned in Europe due to potential health risks but remain in use in the U.S.

OTHER EVENTS & HEARINGS

Monday, March 17

Ukraine and NATO future. Johns Hopkins University School of Advanced International Studies virtual discussion on “The Future of Ukraine and the Future of NATO.”
China military. Georgetown University’s Initiative for US/China Dialogue on Global Issues holds a discussion on “China’s Quest for Military Supremacy.”

Tuesday, March 18

Vice President JD Vance delivers remarks at the American Dynamism Summit on supporting American industry and workers.
State of Agriculture. Farm Foundation forum on “The State of the Agriculture Union.”
Dollar outlook. Center for Strategic and International Studies book discussion on “King Dollar: The Past and Future of the World’s Dominant Currency.”
Trump and the global economy. American Enterprise Institute for Public Policy Research virtual discussion on “Trump and the World Economy.”
Border issues and trade. Washington International Trade Association (virtual discussion on “Snapshot of the Border: The Cost of Tariffs and Non-Tariff Trade Frictions.”
Supply chains. Atlantic Council’s Economic Statecraft Initiative book discussion on “Chokepoints: American Power in the Age of Economic Warfare.”

Wednesday, March 19

Agriculture trade. Washington International Trade Association virtual discussion on “Setting the Table on National Agriculture Trade Day.”
Food as medicine. Center for Food as Medicine virtual discussion on “Beyond the Buzz: Defining Food as Medicine.”
Global prosperity. Atlantic Council forum on “Global Prosperity.”
Japan outlook. Center for Strategic and International Studies discussion on “Strategic Japan 2025: Norms in New Technological Domains.”
Korea outlook. Center for Strategic and International Studies (virtual discussion on “Can Korea Manage Economic Security and Supply Chain Challenges?”
Iran’s nuclear efforts. Washington Institute for Near East Policy virtual forum on “Bombing Iran’s Nuclear Program: Implications of Preventive Action.”
Canadian lands. Henry L. Stimson Center virtual discussion on “Security and Sovereignty: Exploring Canada’s Vision for Land Power.”
Climate and energy. Columbia University School of International and Public Affairs Center on Global Energy Policy discussion on “Powering Our Future: Insights & Careers in Climate and Energy.”

Thursday, March 20

Global economy. Economic Club of Washington, D.C. discussion on “the current state of the global economy.”

Friday, March 21

Federal Reserve. New York Fed President John Williams scheduled to speak.
U.S./China Commission. US-China Economic and Security Review Commission holds a hearing on “Crossroads of Competition: China in Southeast Asia and the Pacific Islands.”
EU trade challenges. Peterson Institute for International Economics virtual discussion on “The EU’s New Era of Trade and Geopolitical Challenges.”

ECONOMIC REPORTS & EVENTS

The Federal Reserve will deliver its second interest rate decision of the year on Wednesday. Markets expect the Fed to keep rates steady, and the real focus will be on the updated dot plot and Chairman Jerome Powell’s press conference. Traders will be looking at the dot plot to get an idea of the Fed’s growth projections, and will be watching for any commentary on tariffs from Powell.

Monday, March 17

OECD publishes its Interim Economic Outlook
Retail Sales | Business Inventories | Empire State Manufacturing | Housing Market Index

Tuesday, March 18
· Housing Starts | Import & Export Prices | Industrial Production

Wednesday, March 19
· Atlanta Fed Business Inflation Expectations | FOMC meeting conclusion | FOMC projections | FOMC Chair press conference

Thursday, March 20

Jobless Claims | Philadelphia Fed Manufacturing | Leading Indicators | Existing Home Sales
Fed Balance Sheet
Money Supply

Friday, March 21
· Federal Reserve. New York Fed President John Williams scheduled to speak.

KEY USDA & INTERNATIONAL AG & ENERGY REPORTS & EVENTS

Ag focus: The International Grains Council’s monthly data will be released Thursday. The National Oilseed Processors Association will publish its crush report Monday, while an agriculture and feedstocks conference will be held in Brussels.

Energy: Conferences during the week include the Berlin Energy Transition Dialogue and a BNEF summit in Beijing.

Monday, March 17

Ag reports and events:

National Oilseed Processors Association’s monthly crush report
AG Supply Chain Asia 2025, Manila, day 1
Export Inspections | Livestock, Dairy, and Poultry Outlook | Sugar and Sweeteners Outlook

Energy reports and events:
· EU energy ministers’ meeting in Brussels to discuss energy affordability, security and Ukraine | Angola preliminary program (May) | WTI options for April expire | Holiday: Mexico

Tuesday, March 18

Ag reports and events:

China’s 2nd batch of Jan.-Feb. trade data, including grains, sugar, cotton, rubber, palm oil, pork & beef imports
EU weekly grain, oilseed import and export data
AG Supply Chain Asia 2025, Manila, day 2
Vegetables and Pulses Data | Fruit & Tree Nut Data

Energy reports and events:
· API U.S. inventory report | Berlin Energy Transition Dialogue 2025; runs through Wednesday | Chatham House Climate and Energy Summit 2025, London; runs through Wednesday | Piper Sandler’s 25^th Annual Energy Conference, Las Vegas; runs through Wednesday | Holiday: Malaysia

Wednesday, March 19

Ag reports and events:

AG Supply Chain Asia 2025, Manila, day 3
Broiler Hatchery

Energy reports and events:
· EIA Petroleum Status Report | Weekly Ethanol Production Future of Utilities Energy Transition Summit, Amsterdam; runs through Thursday| Genscape weekly crude inventory report | WTI CSOs for April expire | WTI futures for April expire | Earnings: RWE | Holiday: Japan, Azerbaijan

Thursday, March 20

Ag reports and events:

IGC grains market report
China’s 3rd batch of Jan.-Feb. trade data, including country breakdowns for commodities
Argus Agriculture & Feedstocks Conference, Brussels, day 1
Malaysia’s March 1-20 palm oil exports
Export Sales | Oil Crops Yearbook | Slaughter Weekly | Livestock Slaughter

Energy reports and events:

BNEF Summit: The Future of Energy and Mobility — China, Beijing
EIA Natural Gas Report | Singapore onshore oil product stockpile weekly data | Earnings: China Shenhua Energy | Holiday: Japan, Azerbaijan, Kazakhstan, South Africa

Friday, March 21

Ag reports and events:

FranceAgriMer weekly crop conditions report
CFTC commitments of traders report
Argus Agriculture & Feedstocks Conference, Brussels, day 2
Cattle on Feed | Chickens & Eggs | Peanut Prices

Energy reports and events:

KEY DATES IN MARCH

8-20: FOMC blackout where Fed officials cannot comment on monetary policy or the economy.
18: NCAA men’s basketball finals
18-19: FOMC meets (interest rates)
20: Spring equinox
20: NCAA women’s basketball finals
21: USDA Chicken & Eggs report | Cattle on Feed | Milk Production
25: USDA Cold Storage report | USDA Food Price Outlook
27: USDA Hogs & Pigs report
27: MLB Opening Day
28: Personal Consumption Expenditures Price Index
29: Last day of Ramadan
31: USDA Prospective Plantings, Grain Stocks and Rice Stocks reports | Ag Prices

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