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The July 1 USDA Cattle on Feed report is expected to show a slight bearish increase in on-feed inventory, while the more-anticipated biannual Cattle inventory report will reveal whether herd rebuilding has begun.
Day 2 of the Wheat Quality Council's Spring Wheat and Durum Tour concluded Wednesday with a total weighted average yield estimate of 48.1 bushels per acre.
Agriculture Secretary Brooke Rollins said $11.1 billion in farm aid would give producers relief while the Trump administration addresses long-term economic pressures and consolidation in agriculture.
