Wednesday, May 22, 2019 2:51PM CDT
USDA released a statement Tuesday stating the new trade aid program won't distort planting decisions after Bloomberg reported potential payments under the aid package.
Wednesday, May 22, 2019 2:49PM CDT
In the U.S., a USDA official explained to Congress on Tuesday how the department is working to keep African swine fever out of the country. In China, the disease has wiped out roughly 20% of the pork herd, but U.S. Meat Export Federation officials said Tuesday they are seeing little impact in major Chinese cities right now.
Wednesday, May 22, 2019 2:47PM CDT
Farmers and ranchers testifying before the U.S. Senate Agriculture Committee on Tuesday told senators they are trying to be part of the solution by helping mitigate climate change.
July corn is up 1 3/4 cents per bushel, July soybeans are up 1/2 cent, and July K.C. wheat is up 5 3/4 cents.
Limited volume is expected through the end of the week with traders caught between follow-through selling interest and pre-holiday short-covering. Firmness is expected following the April Cold Storage report, which showed strong red meat clearance through the month of April.