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Global food prices up nearly a third from year-ago. Farm optimism slides as inputs rise, ag trade prospects dim. Debt limit ceasefire. Russia offers to ease Europe’s gas crisis, with stipulations.

Corn and soybean basis ticks up after extended declines.

After the Bell | October 6, 2021 Corn falls third straight day, soybeans near six-month low as harvest rolls along; wheat firmer.

“The August export results would be impressive under any circumstances, but achieving these totals despite all the Covid-related obstacles at home & overseas is truly remarkable,” says USMEF President Dan Halstrom

President Biden hints at sidestepping filibuster rules, Bayer AG wins in court decision and the USTR will accept comments on U.S./China trade policy...

Biden slashes social/climate change spending bill by more than $1 trillion

Ahead of the Open | October 6, 2021 Grain, soybean futures seen slightly firmer as crude oil nears seven-year high.

Attaché: China to bring in 30 MMT of corn in 2020-21 & 20 MMT in 2021-22. Biden: ‘Real possibility’ Dems could revise Senate rules to counter filibuster. PCR sales soared in Wuhan before first official Covid-19 cases.