The U.S. Department of Agriculture will spend up to $750 million to build a sterile fly production facility in Texas to fight the flesh-eating livestock pest New World screwworm, USDA Secretary Brooke Rollins said on Friday, Aug. 15.

Sterile flys to keep infection out of U.S.
Corn at 188.8 bu./ac. soybeans at 53.6 bu./ac.
Less area to harvest, reduced yields
Drought, trade issues to watch
If soybeans fall under $10, corn to slip below $4
Corn/soybean yields unchanged
USDA will curb farmland purchases by “foreign adversaries” including China says Rollins
But imports drop over last two years
Area, stocks reports have little influence