The nation’s sugar cane crop likely took the biggest beating of any farm commodity from Hurricane Ida as it barreled northeast through Louisiana and Mississippi over the weekend and into Monday, but some cotton, rice, and soybean acres may have seen damage too.
The prolonged drought in the upper Midwest is dragging down crop yields by more than the government or traders expected, although U.S. farmers should produce 4% more corn and 5% more soybeans this year than they did in 2020, according to the Agriculture Department's first survey-based estimates of the fall harvest.
Farmers are expected to plant more corn, soybeans, and wheat acres than last year, but official estimates from a USDA report released Wednesday came in below trade expectations, which sent futures prices soaring.
The Biden administration is finally putting some detail today on its 30-by-30 plan. The president’s call for conserving 30% of U.S. land by 2030 has been raising a lot of concern across the countryside that administration officials have been pushing back on for several weeks now.
President Joe Biden pushed back against Republicans who are arguing his infrastructure bill has unrelated items in it. Projects related to clean water, schools and high-speed rail all qualify as infrastructure projects, he said.