operating loans.

U.S. winter wheat faces hurdles from drought conditions, but upcoming rains may offer relief to the struggling crop.

Bloomberg says U.S. ethanol production reached its highest level since COVID-19 lockdowns brought the industry to a basic standstill.

The farm economy remains fairly sound, but acknowledged producers are having to dip into working capital and rely on operating loans more heavily.

The U.S. and Philippines have made progress on trade issues of interest to the red meat industry. The agreement also is seeking improved valuation of ag imports.

DOJ is requiring Bayer and Monsanto must spin off $9 billion worth of assets, to merge the two companies. This is the largest sale of corporate assets ever.