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Drought conditions have lessened a bit in portions of North Dakota thanks to some rain, but frigid temperatures late last week and into the weekend also took its toll on crops across the upper Midwest.

The dire drought situation is one USDA meteorologist Brad Rippey thinks could last through at least the remainder of 2021. Forecasts also point to a drier weather pattern returning for Texas and the Plains.

Demand for pork and grains is helping propel prices in 2021, and USDA is forecasting it to be a record year.

The Senate Finance Committee held a hearing last week for President Biden’s nominee to be an assistant Secretary of the Treasury, which included a focus on possible tax changes that could impact farmers and ranchers.

The U.S. Fish and Wildlife Service (FWS) is proposing to list the lesser prairie chicken under the Endangered Species Act. The chicken’s habitat spans parts of five states, including Colorado, Kansas and Texas.

The June 1 Purdue University/CME Group Ag Economy Barometer shows farmer sentiments declined significantly in May.

The latest round of agricultural credit condition surveys from the Federal Reserve banks shows improved strength in the agricultural economy.

After JBS confirmed a cyberattack shuttered some of its processing plants, USDA’s daily cattle slaughter estimates revealed 94,000 head of cattle were processed on Tuesday, a drop of 27,000 head compared to last week.

A Brazilian agribusiness consultancy announced a new forecast reduction for the country’s second corn crop because of a severe drought, adding that yields are expected to touch a five-year low this season.

DC Signal To Noise: It’s time to take a closer look at the U.S. China trade relationship and the clock is ticking on the infrastructure bill.