Agriculture Secretary Tom Vilsack met Wednesday with senators and farm groups seeking a path forward on a farm-labor and immigration bill that could clear the Senate.
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No doubt, traders will be hawking the latest weather forecasts Sunday evening and Monday morning and may pause at 8 a.m. CDT to see if USDA has an export sale announcement. USDA's weekly grain export inspections are due out at 10 a.m. CDT, followed by Crop Progress at 3 p.m. Given the hot and mostly dry past seven days, USDA's crop condition ratings are expected to be lower Monday. The CFTC's Commitments of Traders report will also be released Monday afternoon.Weather
Rains from a system over the weekend will continue to develop along a front from the Southern Plains to the eastern Midwest and continue to push southeast through the day. The rain has likely produced some delays to the winter wheat harvest. Temperatures have fallen below normal behind this system and will ease drought stress for a couple of days before temperatures rise again.
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