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USDA raised its consumer food price forecast again, to 8.5% to 9.5% for 2022. The agency had initially predicted a 2% to 3% rise in prices. Eggs, fats and oils, and poultry prices are making the biggest gains.

Grains rebounded Monday putting in war and weather premium. Cattle worked in the USDA numbers from Friday, while hogs saw profit taking.

Cattle turn mixed after the Friday reports, with hogs seeing profit taking. Grains continue to rebound. Michelle Rook talks markets with Scott Varilek of Kooima Kooima Varilek.

Grain return higher after Russia bombs Odesa port, extended weather is also supportive. Livestock setting back. Chuck Shelby with Risk Management Commodities joins Michelle Rook to kick off the week.

Five months after the invasion, Senators will receive a classified briefing Wednesday. Russia launched a missile attack on the key grain-exporting port of Odesa Saturday, a day after signing a deal to resume exports.

Arkansas farmer Matt Miles has seen how planting dates can not only help improve yield but also his battle against pests. Staying ahead of potential pest problems has proven to be the best line of defense.

A day after Ukraine and Russia signed a deal to resume grain exports from Ukraine, Russian missiles hit the Odesa port. Ukrainian foreign-ministry accused Vladimir Putin of “spitting in the face” of U.N and Turkey.

Ukraine pressed ahead Sunday with efforts to restart grain exports under a deal to ease global food shortages but warned deliveries would suffer if the recent Russian missile strike on Odesa was a sign of more to come.

Extreme heat spread into the majority of the western Corn Belt to end the week. Some farmers are seeing a worst-case weather scenario for crops now pollinating. So, why did markets drift lower for much of the week?

“We have tried to work constructively with the Mexican government to address these concerns, but, unfortunately, U.S. companies continue to face unfair treatment in Mexico,” said Ambassador Tai.