Soybean volume holds steady from a week ago.

Despite collapsed feeder and fed cattle prices, declining feedstuff costs lower cost of gain.

Sen. Grassley and colleagues introduce bill to require minimum of 50% of meat packer’s volume to be from spot market.

Wheat prices tumble on larger than expected U.S., global stockpiles.

Soybean progress also makes significant inroads this past week.

U.S. dairy suppliers ship 2% more despite disruptions resulting from COVID-19 pandemic.

Purchases include $317 million for dairy, $258 million for meat and $175 million for combination of fresh produce, dairy and meat.

FEMA and USDA help sought on livestock depopulation and disposal of anticipated 10 million hogs in next few months.

Coronavirus impact will come later as unemployment is projected to climb to 14.5% in second and third quarters.