The July Ag Economists' Monthly Monitor showed several key changes from June including a bigger cut to corn and soybean yields, a drop in corn and soybean prices and more bullish cattle and hog prices.
The signs of El Niño grew even strong this month, and as the weather event looks to make its grand return, significant weather changes could be on deck for U.S. farmers this year.
Less than 50% of the continental U.S. is in moderate drought for the first time since November, but with another drought record still running strong, forecasts show drought could grow over the summer months.
Harvest came to a halt in some areas seeing snow, while other farmers continued to roll on with corn. U.S. Farm Report meteorolgist says the winter weather will be short-lived across much of the country.
It could be a dry winter in the South and a wetter than normal winter in the North, according to NOAA's latest winter forecast. Nebraska state climatologist says she's concerned about soil moisture heading into spring.
As methods and applications for biotechnology in agriculture continue to advance at a rapid pace, regulators work to maintain a balance between safety and potentially rapid progress in food production.