Weather improves for U.S. wheat, but stays dry in the Canadian Prairies. See DTN Ag News. BFull Story...

Soybean aphids could return this summer with a vengeance. Growers should scout through early July to see if aphid numbers require treatment. See DTN Ag News. BFull Story...

Recent tax changes give farmers great flexibility for reporting farm tax losses, but terms can be confusing. DTN tax authority Andy Biebl explains the loss rules as well as a tax court case on crop insurance proceeds and why there's new life for the "cash for clunkers" credit. See DTN Ag News. 1^Full Story...

USDA is predicting a larger corn carryout for the current crop year and larger production for the new corn crop. Combine that with a weak demand outlook, and it will be hard for futures prices and basis levels to rally without something to drive demand. See DTN Ag News. BFull Story...