Your Pro Farmer newsletter (August 6, 2022) is now available

Every year there’s somewhat of a divide between the so-called “haves” and the “have-nots” — those areas that receive ample and timely rains and those where weather conditions are unfavorable. As August began, the divide seems to be widening. The southwestern and southern Corn Belt is struggling, while northern, central and eastern areas are faring better. With the growing level of uncertainty toward the corn and soybean crops, USDA will release its first survey-based estimates on Aug. 12. Meanwhile, the first grain shipment from Ukraine’s Black Sea ports under the new grain export deal was inspected without any hiccups last week and more vessels are set to sail. That has alleviated some of the global grain supply concerns, though the situation is still highly volatile. Plus, tensions between the U.S. and China escalated after House Speaker Nancy Pelosi visited Taiwan, which angered Beijing. We cover all of these items and much more in this week’s newsletter, which you can download here.