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Corn and soybean futures were supported by followthrough buying overnight amid forecasts calling for hot and dry conditions next week, while wheat rebounded from Wednesday’s losses.
$20 bil. to support climate-smart ag practices; SAF tax credit of $1.25/gallon
Hurdles remain, including Sen. Sinema’s position and House Democrats
Cash soybean prices posted a big gain over the past week.
Soybean futures climb near four-week high on concern Midwest heat may curb yields; corn firm, wheat lower.
Potential impacts of higher interest rates on farmland values and cash rents.