The Midwest is Set to Bake Under High Heat

Since 2020, AgVend has seen 300% year-over-year growth with over 60 ag retailers and wholesalers leveraging AgVend technology to enhance the way they go to market.

With heat forecast to top 100 degrees in places, combined with the expectation for little to no rain, crop conditions could deteriorate and the biggest risk in the western and central Corn Belt.

According to a new report by USDA, ag imports from Latin America and the Caribbean have increased over the past 12 years, with a compound annual growth rate of 6.9%.

The Fed is widely expected to raise its target range for Federal funds by 25 basis points to 5.25% to 5.50% on Wednesday following its two-day FOMC meeting.