Monday, May 23, 2022 5:35PM CDT
Citing that a U.S. Solicitor General's position undermines decades of science-based policy, 54 agricultural groups want President Joe Biden to withdraw a recent brief to the Supreme Court over Bayer AG's petition for the court to review a verdict in a Roundup cancer lawsuit.
Monday, May 23, 2022 4:02PM CDT
U.S. farmers logged another productive week last week, pushing corn planting to near the three-fourths completion mark and soybean planting to the halfway point despite widespread rains across the country.
Monday, May 23, 2022 3:14PM CDT
Biden formally kicked off talks on the Indo-Pacific Economic Framework on Monday with leaders from 12 other countries. Agricultural groups have been looking for trade talks that reduce tariffs and increase market access, but these negotiations will not touch on some of those subjects.
July corn was up 4 3/4 cents, July soybeans were up 6 3/4 cents and July KC wheat was up 24 cents.
Cattle floundered, not only because of futures not being able to find support in general, but also due to the Cattle on Feed report that was to be released after the close on Friday. Feeder cattle continued to set new contract lows. Hog futures pushed higher with June leading the way due to strong cash and higher cutouts.