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As drought conditions in the West are continuing to expand, hotter temperatures aren’t helping things. Heat that started building over the weekend is not good news for areas already dealing with that drought.

Commodity markets were under pressure Friday. The drop was partially due to a report the Biden Administration is considering ways to provide relief to U.S. oil refiners from biofuel blending mandates.

Less than two weeks after JBS was hit with a cyberattack impacting operations in Australia and North America, Congress is now calling on JBS to provide documents and communications related to the May 30 attack.

Multi-story hog farrowing and finishing buildings, often in megaplexes with tens of thousands of pigs in China. And according to John Phipps, there may be some benefits to the buildings.

Now on to the next report

Meteorologist Mike Hoffman compares the latest Root Zone Moisture map with the updated Drought Monitor.

The change in the weather forecast sent commodity prices plummeting Monday. Corn and soybean prices saw pressure after the weather models produced an outlook for wetter and cooler weather by the end of the week.

A federal judge announced Friday a decision to halt payments in a USDA loan forgiveness program designed to help farmers of color. USDA has until Friday to respond to the court’s temporary restraining order.

Cargill’s CEO says the company is in the middle of a major shakeup as it says consumers will continue to demand more plant-based protein products.

JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in cash, putting it in a position to benefit from higher interest rates.