Policy Update

U.S. economy posts sizzling 4.9% GDP in third quarter, but slowdown expected ahead
Few know him and Dems like that as they want to define him to their advantage
USDA relies on Commodity Credit Corporation funding amid farm bill uncertainty
As expected, Vilsack tapping CCC for trade promotion and food aid
Farm bill extension now seen as very likely
Lack of clarity on tariff removal timelines impedes U.S./EU steel trade accord
Powell signals November interest-rate hike unlikely while leaving door open for future increases
Farm bill extension gains ground | President Biden address nation tonight | Powell speaks
Retail sales stronger than expected | Dairy policy issue surfaces with end of 2018 Farm Bill
Iowa easily top state receiving CRP payments at just over $402 million