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American Rescue Plan a Step Towards a Fair, Stable Food System

The U.S. House of Representatives today voted in favor of the American Rescue Plan, sending it to the White House for President Joe Biden’s signature. The $1.9 trillion pandemic relief package includes benefits for unemployed workers, stimulus payments up to $1,400 per person, and supplemental funding for nutrition programs, as well as support for vaccine distribution in rural communities, debt relief for socially disadvantaged farmers, and resources to build resilience in the food system.
 
When the bill was passed by the U.S. Senate over the weekend, National Farmers Union (NFU) praised it, saying it “provides a lifeline” for struggling Americans and takes “several steps towards more meaningful, enduring improvements” in the food system. Upon the House’s approval today, the organization’s president Rob Larew reiterated his satisfaction with the legislation:
 
“In many respects, the American Rescue Plan is a positive development. In the immediate term, it provides crucial assistance for both unemployed and food insecure Americans and expedites vaccine administration in rural communities.
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2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

Video: 2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
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