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What were the notable news items within USDA's latest look at crop production forecasts and global commodity supply and demand estimates? (Rod Bain)

U.S. supplies of soybeans are tighter than expected with exports higher than expected. (Gary Crawford and USDA Chief Economist Seth Meyer)

Prospects for Argentina's corn and soybean crops are far dimmer than they were just a few weeks ago. (Gary Crawford and USDA Chief Economist Seth Meyer)

Prospects for Argentina's corn and soybean crops are far dimmer than they were just a few weeks ago. (Gary Crawford and USDA Chief Economist Seth Meyer)

USDA Chief Economist Seth Meyer talking about the fact that USDA has made no changes to its forecasts for Brazilian corn and soybean production.

A recent USDA study looks at some of the trends regarding producers’ adaption of precision agricultural methods and use of digital tools. (Rod Bain and economic researcher Johnathan McFadden)

USDA economist researcher Johnathan McFadden looks at the adoption rate of automatic guidance technology in farm equipment based on commodity.

Corn and soybean markets are reacting to lower-than-expected planted acres numbers in USDA's Acreage report. (Gary Crawford. USDA Chief Economist Seth Meyer. Lance Honig with USDA's National Agricultural Statistics Service)

Lance Honig, Chief of the Crops Branch of USDA's National Agricultural Statistics Service, with an overview of the acreage numbers for soybeans.

The White House is highlighting the growing threat posed by wildfires. (Stephanie Ho and President Biden)