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Despite rains the last couple of weeks in parts of the Corn Belt the latest drought monitor shows drought continues to grip a huge part of the Midwest, including Nebraska>

Earlier this morning, the New York Times reported that Russia has pulled out of the deal. Stay tuned.

The House Select Committee on the Chinese Communist Party (CCP) introduced an act to prevent foreign adversaries from exploiting U.S. land near security sites, and would push a review of current ownership in these areas.

State officials find these states serve as early examples of the challenges other places may face in response to the recent Sackett ruling on WOTUS.

Meanwhile, service prices and the core index (which excludes food and energy) remain high, with the core CPI descending to 4.8%.

This slump, deeper than May’s 7.5% drop, represents the largest decline since February 2020.

USDA looks to improve the future measure, monitoring, reporting and verification of ag climate emissions via a $300 million investment announced on Wednesday.

The biggest surprises included a 4-bu. reduction in corn yield and soybean ending stocks came in at 300 million bushels, which is 100 million bushels higher than trade estimates.