Corn was rated 68% in good-to-excellent condition, and soybeans were rated
66% in good-to-excellent condition as of Sunday, June 21. Winter wheat harvest
reached 40% complete.
BUSDA Weekly Crop Progress Report
Thanks to the rally seen in last week's fed cash cattle market, and
because of the current support in the equity markets, the cattle contracts
rallied through Monday's trade. Join this week's DTN webinar on what factors to
watch for moving ahead.
=^Sort and Cull
The Texas Supreme Court declined to hear Twinwood Cattle's appeal to
revive a $30 million fraud verdict against competitor HeartBrand over Akaushi
cattle DNA records.
BTX High Court Rejects Cattle DNA Case
Loss of high-wage manufacturing jobs had already undermined political
support for free trade. Then China's challenge to the U.S. position in the
world and its manufacturing dominance fortified the case against depending on
imports.
@^An Urban's Rural View
Vice President JD Vance pitched the idea Monday that the Trump
administration wants unfrozen Iranian funds to go to buy U.S. agricultural
products such as soybeans, wheat and corn. Going back 25 years, the U.S. has
only seen a couple of times Iran bought commodities from the U.S.
BIran Could Buy US Ag Products