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A bipartisan coalition of lawmakers and farm groups introduced the Securing Agriculture's Workforce Act on Tuesday, proposing the most significant H-2A reforms in nearly 40 years, though the bill faces steep political hurdles in the House Judiciary Committee over its immigration provisions.
USDA's June Acreage and Grain Stocks reports were largely uneventful. Wheat stole the spotlight with record-low acreage of 42.7 million acres, while corn and soybean figures came in near pre-report expectations.
The six-year review of USMCA begins this week, but trade officials are signaling targeted negotiations with Canada and Mexico instead of reopening the full agreement, with a full arsenal of trade tools and bargaining power.
