The Canadian tariffs, ranging from 15% to 50%, are set to take effect
Sept. 8 in retaliation for U.S. tariffs on roughly $20 billion in Canadian
products that took effect after trade talks collapsed late last week.
BCanada Slaps New Tariffs on US Goods
Reports the Trump administration may double the volume of small-refinery
exemptions from the Renewable Fuel Standard have alarmed farm and biofuel
groups.
BBiofuels, Ag Fear RFS Exemption Surge
Lake Mead borders Arizona and Nevada and recently reached a record low
partially due to drought over the winter that has continued.
4^Cash Market Moves
Economists at Kansas State University highlighted how producers in major
cattle-producing states are relying more on USDA's Livestock Risk Protection
(LRP) policies, especially to protect feeder cattle prices.
FFewer Feeder Cattle, But Higher Value in LRP
Corn was rated 57% in good-to-excellent condition, and soybeans were rated
60% in good-to-excellent condition as of Sunday, Aug. 23. Spring wheat harvest
reached 62% complete.
BUSDA Weekly Crop Progress Report