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The June Farm Journal Ag Economists’ Monthly Monitor reveals a majority of ag economists support reopening the Mexican border and rank weather and input costs as more immediate threats to the U.S. cattle herd.
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Corn acres hold at 95.3 million — exceeding trade guesses — while USDA reports surprising June 1 corn stocks at 5.29 billion bushels. Get the full breakdown of USDA’s June Acreage and Stocks reports and expert analysis here.
Two-sided trade overnight.
Dangerous heat still enveloping much of Midwest
The Executive Order signed by President Trump Monday comes after years of farmer lobbying against phosphate duties, with Texas A&M estimating $6.9B in added costs since 2021 tied to sharply higher DAP fertilizer prices.
Improvements in the western Corn Belt outweighed deterioration elsewhere
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