Wednesday, July 6, 2022 3:07PM CDT
EPA on Wednesday published a proposed consent decree for a lawsuit filed last December by the Center for Food Safety and the Pesticide Action Network North America. The agreement states EPA will decide by Sept. 30 on whether to begin drafting regulations for treated seeds or reject the environmental groups' demands.
Wednesday, July 6, 2022 11:13AM CDT
A federal judge in California vacated a 2019 Trump administration rule that finalized reforms to the Endangered Species Act. The reforms were supported by agriculture groups.
Wednesday, July 6, 2022 10:33AM CDT
The National Weather Service on Tuesday classified a storm that hit South Dakota, Iowa and southern Minnesota Tuesday evening as a derecho. South Dakota weather stations reported winds reached as high as 99 mph around Howard, South Dakota, northwest of Sioux Falls. Winds across parts of Iowa hit 80 mph, though the storm weakened as it reached the eastern edge of Iowa.
PRE-6 a.m. GLOBEX PRICES: December corn is down 3 cents per bushel, November soybeans are up 7 1/4 cents, and September KC wheat is up 12 1/2 cents.
Commodities were hit hard yesterday across the board with July, August and October hog futures being the only positive contracts in a sea of red. Cattle could not find strength from substantially lower corn futures leaving the market in a weak position. Nearby hog futures found strong support from cutouts.