There were no major surprises in USDA’s latest WASDE report. USDA didn't adjust U.S. corn or soybean yields in the July report, but cotton abandonment shows the brutal reality of this year's drought.
Half the U.S. Corn Crop Was Planted in Two Weeks, Now the 10-Day Forecast Shows Signs of Trouble
The core of the Corn Belt is forecast to see above normal temperatures and below normal rain next week, and it could hit as the crop is in prime pollination with 50% of U.S. corn planted in a two-week period in May.
Labor Contract Negotiations Continue Past Deadline at Some of America's Most Important Ports
U.S. Labor Secretary Marty Walsh remained optimistic about contract negotiations between workers and shipping companies for some of the country’s most important ports, even as talks extend past a previous deadline.
John Phipps: It's Now Less About the Supply of Oil, And More About Refining Capacity in the U.S.
Infuriating price increases are the topic of the day, and but like the 80’s, rising inflation is driven largely by energy and the price of oil. It's now less about the supply of oil, and more about refining capacity.
