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While Sen. McConnell says the budget has little give, Sen. Boozeman has consistently said he will not support a farm bill that doesn’t provide an increase in the Price Loss Coverage (PLC) program’s reference prices.

The flush in the grain and soybean complex futures markets continued at mid-week, with weak long liquidation featured amid weather forecasts that have added better precipitation chances for the Midwest.

The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.

Unhealthy levels of air pollutants are spreading across some parts of the U.S., a result of the worst-ever start to wildfire season in Canada. Sixteen million acres have burned--an area a bit larger than West Virginia.

As interest in outdoor activities like hunting and hiking continues to rise and profit margins for farmers and ranchers continue to narrow, landowners are connecting the dots and making extra money through LandTrust.com.

Corn and soybean futures have been under heavy pressure over the last two weeks, trading back to their original breakout points from June 15th. Will support hold?

AgDay TV Markets Now: Alan Brugler with Brugler Marketing says grains plummet removing risk premium with forecasted rains and ahead of USDA Reports, despite the lowest crop ratings since 1988.

Former U.S. Trade Representative Robert Lighthizer released his book, No Trade is Free. Some nuggets:

Grains end sharply lower as funds took profits on possible rain, end of quarter and USDA reports. Cattle bounced but has the market finished its correction and are hogs near a top? Alan Brugler, Brugler Marketing.

Farmers with cornfields affected two years ago need to be ready this season, based on a corn-soybean rotation. Fields with high levels of residue are more susceptible, and beware heavy rains just prior to canopy.