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Key U.S. inflation data out today
The proposed “Family Grocery and Farmer Relief Act” would require major meatpackers to focus on a single protein sector — beef, pork, or poultry — rather than operating across multiple meat categories, with the goal to lower producer and consumer prices.

Meteorologist Eric Snodgrass says warmer Pacific waters - not just El Niño - could drive a wetter, stormier summer across much of the Midwest and central U.S.
Corn, soybeans and wheat continue to slide on renewed optimism around a peace deal between the U.S. and Iran.
Heat wave in Northern Plains, Upper Midwest
The White House announced China agreed to significantly increase purchases of U.S. agricultural products, to at least $17 billion, under a new trade arrangement.
Oklahoma led declines after missing out on rains last week
USDA and the Trump administration have unveiled a long-term fertilizer strategy focused on boosting U.S. production, fast-tracking projects and lowering costs.
Bill Watts and Spencer Langford break down Friday’s Cattle on Feed report; Hillari Mason explains what’s driving ethanol demand.
Corn, soybeans and wheat gapped lower to start the overnight session but did see some strength going into the break.
Crude oil sells off as U.S.-Iran peace talks reportedly make some progress
Cattle on feed and placements rise more than expected
The $270 Statewide Average Is Down $9 from the 2023 and 2024 High.
Minneapolis Federal Reserve Bank Notes Decline in Farm Incomes in Q1
Rural Mainstreet Index Falls Below Growth Neutral for Fourth Straight Month

Commodity markets are waiting for one key answer: Does the U.S. really have a deal with China? With only a $17 billion figure and few details, traders want proof through tariffs, export sales and purchases.
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