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The House passed a $95 billion budget resolution on Wednesday, advancing $12 billion in farm aid, while some farm groups criticized additional funding for the war in Iran.
Day 3 of the Wheat Quality Council's Spring Wheat and Durum Tour concluded Thursday with the final three-day total weighted average yield estimate of 48.0 bushels per acre, down slightly from 48.3 bpa estimated during last year's tour.
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.