Balanced Reporting. Trusted Insights. Tuesday, June 15, 2021

Rural

Barn

Biden conservation initiative garners mostly positive reviews

But Farm Bureau says plan still lacks details
Conservation groups praised the Biden administration’s first step in conserving 30% of the nation’s lands and waters by 2030, but the nation’s largest farm group said the initiative still lacks specifics, and a key farm-state senator said he was worried about removing too much land from production.
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Markets

CME to permanently shutter most trading pits

Most of the iconic trading pits at the Chicago Mercantile Exchange, where traders would buy and sell corn, wheat, soybean and other future contracts with elaborate hand gestures, will close permanently, according to a CME Group announcement.
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Stream

Coming soon: 30x30 details

The Agriculture Department continues to insist that working lands will be included in the Biden administration’s goal of conserving 30% of the nation’s land and waters by 2030, as the administration prepares to flesh out some of the details of its 30x30 initiative.
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