U.S. prices for West Texas Intermediate crude oil could average $71/barrel in the third quarter.
Seed costs could increase $5 to $10 per acre next year based on analysis by U of I and Ohio State.
The Biden administration has until Aug. 31 to appeal federal court ruling.
U.S. foodservice sales in May climbed 1.8% from the previous month and 71% higher than last year.
U of I grows and tests at least 600 unique lines of wheat varieties at each of its four plot sites.