Policy Update
Power shift: Labour Party boots Conservatives in landmark UK election | Big day for Biden
Food prices worrying central banks | Another $2.3 billion in military aid package for Ukraine
Proposed rule expected to face opposition from some business and industry associations
Deere lays off another 600 | SAF woes continue | EPA on RFS | Mexico and GMO corn | FMMOs
Impact: Could affect hundreds of Jan. 6 prosecutions | Trump Case: Impact unclear, Special Counsel says charges likely unaffected | DOJ Response: Limited impact, most of 1,400+ Jan. 6 defendants unaffected
Decision expected to shift more interpretive power to the courts
Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
Yen | Farm bill | Aid for dairy farmers | WRDA | Climate-smart farming practices | EVs | Ag trade deficit
Impact: Shortage of finished products or shipments of expected grain