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Grain and livestock futures opened mixed to end the week. China GDP and outside markets, as well as weather are being watched.

On Thursday, Corteva Agriscience announced a number of 2022-23 market introductions and advancements for its corn and soybean product lineup.

Brazilian corn may only be shipped to China next year because of demands made by Beijing regarding trade protocols being put in place. . .

Triple digit heat blankets the Southwest this week, and forecasters expect the ridge of high pressure to park over the western Corn Belt next week. AccuWeather projects U.S. corn production could be severely impacted.

President Biden and Mexican President Andrés Manuel López Obrador are meeting Tuesday as both face a surge in migration. They are expected to announce multiyear, joint projects to modernize border infrastructure.

Mexican President Andres Manuel Lopez Obrador said on Tuesday that some tariffs under USMCA could immediately be suspended, as he visited the White House to meet U.S. President Joe Biden.

As labor negotiations continue between the railroads and unions, laborers voted to go on strike Monday unless President Biden intervenes. A potential strike would put additional strain on the fragile U.S. rail system.

According to the USDA, 2020 farming activities in the U.S. made up 11.2 percent, or 670 of 5,981 million metrics tons, of the U.S.’s total carbon contribution.

Infuriating price increases are the topic of the day, and but like the 80’s, rising inflation is driven largely by energy and the price of oil. It’s now less about the supply of oil, and more about refining capacity.

The CPI, an inflation gauge measuring what consumers pay for goods and services, rose 1.3% from May to June. Prices were up across the economy, with gasoline far outpacing other categories, up 11.2%.