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The ag economy barometer stabilized at levels similar to where it stood for much of 2017 through 2019.

Beige Book notes the Fed’s business contacts not convinced inflation is transitory. Smithfield halts slaughter at its original Virginia facility. U.S. steps up pressure on businesses over Xinjiang situation.

The U.S. economy displayed “moderate to robust growth” from late May to early July, according to today’s Beige Book released by the Federal Reserve.

CME/Purdue Ag Economy Barometer signals farmers nervous about rising input costs. Brazil’s corn imports could triple this year. Food vs. fuel debate resurfaces.

More than a year later, we need to get back to normal because we need to start repairing 15 months of broken connections, writes Cherilyn Jolly-Nagel with Global Farmer Network.

Expanded limits for many commodities are in place today, refiners post a RIN deficit and China will stockpile fertilizers and farm chemicals...

Volatility is here. Money flow will be key to market action moving forward. China remained an aggressive importers of grains and pork during May, despite high prices. Refiners appear to be betting on a blending reprieve.

ANEC says Brazil’s corn exports will be halved in 2020-21. Trucker strike adds to Argentina’s shipping woes. Trucker strike adds to Argentina’s shipping woes.