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Water quality issues continue to worsen as drought and high temperatures increase the risk of high sulfate water.

On Feed expected up slightly from year-ago.

Cattle on Feed Report highlights.

Highlights of USDA’s Weekly Export Sales Report.

USDA crop progress and condition report highlights.

Prices of both corn and soybeans should be well supported until rationing has been confirmed.

ERS’s inflation forecast for food & food-at-home is unchanged at 2.5%-3.5%.

Report gets a slightly positive read by the market.

Though farmers may be disappointed in not having a wet winter, there’s some good news mixed with the bad.

All categories expected below year-ago levels.