House Passes Ag Appropriations Bill Despite White House Opposition

IARN — On Friday, the House of Representatives passed a minibus of fiscal year 2021 appropriations bills, which included the agriculture bill. However, the White House is opposed to the overall bill and cited some specific provisions as the reason for its opposition. The final vote was 224-189. Seven Democrats, including House Ag Chair Collin Peterson, voted with Republicans in voting against it. Another 17 Republicans didn’t vote. The Senate hasn’t yet acted on appropriations bills. It’s not clear if the House and Senate will finish the appropriations process or pass a continuing resolution that will fund the government either until after the election or next year. Read more

Weekly Export Sales Neutral

IARN — The latest weekly U.S. Export Sales Report was released Thursday morning for the week ending July 16th.

In the report, old crop corn sales were 220,600 metric tons – down 76 percent from the previous week – while new crop corn had net sales of 2.3 million metric tons. Old crop soybeans came in at 365,200 metric tons, up 17 percent from the previous week, but down 31 percent from the prior four-week average. New crop beans saw net sales of 2.3 million metric tons. Read more