Policy Update

USDA’s Bonnie: Opportunity for U.S. agriculture to be ‘hero’ on climate change
Russian missile strike killed one of Ukraine’s biggest exporters of grain | Pelosi going to Taiwan
Employment report on Friday top economic focus
Xi warns Biden not to ‘play with fire’ ahead of Pelosi’s potential Taiwan trip
GDP fell 0.9% in 2Q, second straight decline and a strong recession signal
$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
British intelligence: ‘Russia almost certainly perceives anti-ship missiles as a key threat’
IMF slashes global GDP forecast as economic outlook grows ‘gloomy and more uncertain’
USDA sees higher prices for 2023, but rate of increase to significantly decline