News
On Thursday, the House of Representatives passed its latest version of the farm bill, removing a provision relating to ethanol, in a 224–200 vote after a long and contentious debate, sending the legislation to the Senate.
While drought intensity eased, most areas remain abnormally dry
Profit-taking was seen in the grain markets overnight, giving up portion of recent gains.
Weekly USDA export sales on deck
The USDA has now distributed nearly $9.6 billion in Farmer Bridge Assistance payments to crop producers, as weak commodity prices and high input costs continue to squeeze farm margins
Wheat futures pushed to a 22-month high overnight as prices continue to surge higher.
The cartel’s long-term influence over the oil market is being called into question
Federal Reserve expected to hold U.S. monetary policy steady
Percentage of winter wheat crop rated ‘good’ to ‘excellent’ unchanged