The U.S. Drought Monitor shows drought coverage is now at its lowest level since spring of 2020, but USDA's topsoil moisture map shows it's still extremely dry in areas of the west and too wet in the east.
Brazil was plunged back into a political crisis reminiscent of last year’s impeachment saga following reports that President Michel Temer was embroiled in an alleged cover-up scheme involving the jailed former speaker of the lower house of Congress.
Wild weather in the Corn Belt in the beginning of the month flooded freshly planted fields and dumped inches of snow on Kansas wheat. Farmers were expecting to see a bump in prices, but failed to see any reaction in the markets.
China will finally open its borders to U.S. beef while cooked Chinese poultry is closer to hitting the U.S. market as part of a U.S.-China trade agreement.
It’s been 13 years since China closed its doors to U.S. beef, and that may change soon if the meeting between President Donald Trump and Chinese President Xi Jinping is any indication of a relationship change.
