Speculation roils wheat markets: Some analysts say the startling speed and extent of price increases for wheat this past spring can’t be explained by the Ukraine war or by supply and demand on agricultural markets. (Mongabay)
Put CBD in farm bill: Leaders of the industrial hemp sector said the 2023 farm bill should include regulatory language for CBD that would help bring hemp-derived products out of the gray market. (U.S. Hemp Roundtable)
Climate proposals: There were more than 400 submissions in the second round of proposals to share $1 billion of USDA funding for projects that meet or expand demand for climate-smart commodities. (Natural Resources Conservation Service)
Outlook for aggies: Although the general election outlook for Rep. Sanford Bishop, chair of the House Appropriations subcommittee on USDA funding, has improved to “likely Democratic,” the forecast for House Agriculture Committee member Jahana Hayes has softened to “leans Democratic.” (Sabato’s Crystal Ball)
New staff director: Erica Chabot, legislative director and deputy chief of staff for retiring Sen. Patrick Leahy of Vermont, was appointed majority staff director for the Senate Agriculture Committee, said chair Debbie Stabenow. (Senate Agriculture)