Uncertainty surrounding the July 10 WASDE report combined with unseasonably wet and cold Corn Belt weather pushed commodity prices to their highest levels in two years. Whether prices will remain high through harvest and beyond is a hot topic for debate among agricultural economists and others involved in grain market analysis.

With flooding in the Midwest and drought in the West, agriculture experts are focusing more on water quality and quantity than ever before. The Farm Foundation, recognizing the importance of water availability and water rights, hosted a forum focused on the issue this month.