Agri-Pulse DriveTime

Fears of New World Screwworm drove livestock futures prices lower today. U.S. Agriculture Secretary Brooke Rollins will be joined by members of Congress for a press conference tomorrow announcing additional efforts to combat the pest.

U.S. corn and soybean condition and progress continues to advance according to USDA's latest Weekly Crop Progress Report. The Brazilian corn harvest is running behind last year's pace but scouts there see excellent crop potential.

Rumors were wrong as the Environmental Protection Agency today proposed to increase the volume output of renewable fuels today. Geoff Cooper with the Renewable Fuels association and Kurt Kovarik with Clean Fuels Alliance America comment on the proposals and path forward.

Rumors suggest the Environmental Protection Agency is preparing to announce RVO numbers for the renewable fuels Industry. Paul Winters with Clean Fuels Alliance America says the industry is united in its request for more biodiesel. The USDA's June WASDE report held few surprises for the commodity market.

What President Trump called a trade deal with China others called a framework agreement. Treasury Secretary Scott Bessent told members of Congress the administration is pursuing negotiated agreements with 18 major trading partners.

Trade talks between the U.S. and China are reported going "very well" by administration officials. The Senate approves key positions at USDA and EPA and Trump steel tariffs could increase canned food prices.

The globe is keeping a close eye on trade talks between the U.S. and China. U.S. corn and soybean crops improve over the last week and traders offer their projections in front of the USDA WASDE report Thursday.

President Donald Trump announces trade negotiations between the U.S. and China are set for Monday in London.  Agriculture Secretary Brooke Rollins wraps up her trade delegation to Italy.

Representatives of the National Pork Producers Council continue to call on Congress to approve a completely new farm bill. NPPC is pleased that the reconciliation package included needed farm program updates, but say the budget bill doesn't include everything the industry needs.

The U.S. Senate Committee on Aging held a hearing this afternoon addressing the aging farm workforce and loss of family farmers. Witnesses shared economics including labor rates, low commodity prices and foreign imports were major obstacles to farm profitability.