In a decade, government outlays to subsidize crop insurance increased 60%, expanding in sync with the rapid growth in acreage covered by the policies, according to Risk Management Agency data.

According to USDA, the pilot will mirror the working library that was shared with stakeholders in 2022 but will now contain active contracts.

The U.S. Army Corps of Engineers has been dredging the river 24 hours a day, 7 days a week since July but hopes to finish very soon.

Grains try to recover midday with help from the reversal in outside markets. Live cattle are mixed with bullish hopes for the USDA Cattle Inventory Report. Scott Varilek of Kooima Kooima Varilek has details.

Grain and livestock traded 2-sided with end of the month positioning, profit taking & spread unwinding. However, corn & soybeans failed to take out chart resistance. Oliver Sloup, Blue Line Futures has analysis.

Vilsack said USDA believes there are more options for farmers other than “get big or get out. There’s got to be a system in which the many and most have a fair shot.”