Agri-Pulse DriveTime Podcast

The USDA offered only slight downward adjustments in planted acreage for corn and soybeans for 2025. The Senate is working to meet President Trump's goal of July 4th for budget reconciliation legislation. 

Trade news today includes President Trump has ended all negotiations with Canada and the announcement of a rare earth minerals deal with China. The clock is ticking on the Senate to approve its version of the Big Beautiful reconciliation bill. 

White House officials say it's up to President Trump to decide whether trading partners will be given additional time to resolve trade differences with the U.S. Domestic companies say China is proving slow to approve requests for exports of rare earth materials despite an agreement with Trump trade officials. 

Corn prices dropped to prices not seen since last October at just over $4.00 per bushel. Selling pressure is coming from expectations of a large planted acreage report from the USDA on Monday and a large Brazilian Safrinha crop. 

Record heat presses down on the East Coast with 100 degree temperatures recorded from Maine to Florida. The Senate Parliamentarian approves a revised state cost-share plan for SNAP. 

The Supreme Court may hear a labeling case over a popular herbicide this week. Crop prices are falling as hot weather is seen as a catalyst to crop development.