U.S. corn planting posted another big week. As of May 22, 72% of the crop is planted, up from 49% complete as of May 15.

In “First Thing Today” we noted the Biden administration announced the Indo/Pacific Economic Framework (IPEF) to counter China’s influence in the region. IPEF, consists of four pillars that seek to:

Monday’s markets were mostly higher except for soybeans. Grains saw a technical correction, while cattle faded the bearish Cattle on Feed Report and hogs continue their technical and seasonal run higher.

The KC Federal Reserve released a report on land values and 2021 was very good. However, 2022 might see some reduction if interest rates continue to increase. We review one example.

Pay attention to the low-lying areas, sandier soils and no-till fields and scout soybeans to evaluate stands and determine final plant population, advises Missy Bauer, Farm Journal Field Agronomist.

The U.S.-China trade war began in July 2018 when the Trump administration imposed tariffs on $550 billion worth of Chinese goods. Nearly four years later, the debate remains as to which country actually won.