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At the Chicago Mercantile Exchange live and feeder cattle futures were lower, with feeders leading the way down on the higher corn. Beef export sales were up on the week, but lower than average, with South Korea, Japan, and China the reported buyers. August live was down $.57 at $122.50 and October was $.37 lower at $128.15. August feeder cattle were $1.67 lower at $158.50 and September was down $1.50 at $161.95. A light trade developed by the end of the day on Thursday. ...     

The U.S. Labor Secretary says the infrastructure deal reached in the Senate this week has the potential to add two-Million jobs a year over a decade. Secretary Martin Walsh tells Brownfield Ag News, “Some of these jobs will be created in the construction industry from the investment and a lot of these jobs will be created in other industries in cities and towns across this country including rural America.” Walsh says the $550 Billion dollars in new federal infrastructure investment would create good-paying, union jobs. ...     

The U.S. House has passed a package of spending bills for fiscal year 2022 that contain increases for climate measures, USDA staffing and ag research. According to Agri-Pulse, ag research programs would get a boost of $320 million for a total of nearly 3-and-a-half Billion dollars. The House adopted an amendment that would increase field staffing at USDA’s Natural Resources Conservation Service. And another amendment would increase eligibility for rural broadband assistance through the USDA ReConnect program. ...     

Chicago Mercantile Exchange Class III milk futures were lower. August was down $.13 at $16.22 and September was $.24 lower at $16.26, while October was down $.17 at $16.89 and November was $.08 lower at $17.58. On the spot market, cash cheese blocks were $.0075 lower at $1.3925 and 40-pound blocks were unchanged at $1.635. Grade A nonfat dry milk was $.015 higher at $1.265. AA butter held steady at $1.6225. Extra grade dry whey was down $.03 at $.5025. ...