What You Need to Know Today:
Tensions in the Middle East escalated over the weekend with Iran demanding the U.S. make multiple concessions that are likely non-starters before traffic can flow through the Strait of Hormuz again. Saudi Arabia, Pakistan, and Turkey signed a mutual defense agreement in a move that intensifies Saudi influence in the region and is seen by some as a snub to American interests. The 2026 farm bill again failed to advance during Monday’s Senate Agriculture Committee session and was tabled for further consideration. U.S. weather forecasts are more favorable for summer crop development with heat isolated to the southern Plains and South this week before moderating a bit next week and rains favoring all but the T...
Senator John Boozman (R-Arkansas) has urged farmers to apply pressure on the failed farm bill during the August recess. His intent is to hold another vote on the legislation as soon as possible upon the Senate’s return from a five-week break on 14 September. From a parliamentary perspecti...
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where obs...
