Since the cattle market hasn't received USDA's Cattle on Feed data in two months due to the government shutdown, traders will closely scan Friday's Nov. 1 report for any abnormalities.
A seven-member unsecured creditors committee has been formed in the Hansen-Mueller bankruptcy case, as the Omaha company owes up to 5,000 creditors and is moving toward an asset sale.
Fertilizer prices continued to be mainly more expensive for the second week of November 2025. Six of the eight major fertilizers rose in price compared to last month, while the other two were slightly cheaper. No fertilizers had a significant price move, which DTN designates as anything 5% or more.
Corn was 91% harvested and soybeans were 95% harvested. Winter wheat was 92% planted and rated 45% good-to-excellent condition.
The Trump administration on Monday released a newly proposed definition of waters of the U.S. and is set to launch a 45-day public comment period.
USDA on Monday announced Stage 2 of the disaster relief program covering 2023-24 crops, milk and stored commodity losses not included in Stage 1. Enrollment opens Nov. 24 through April 30, 2026. A USDA official also said a 2025 aid announcement is coming soon.
This week, the main stories will likely center around the reawakening of the federal government and which reports finally get released. Look Friday for the monthly Cattle on Feed report.
Union Pacific Corporation and Norfolk Southern Corporation have taken a major step toward their proposed merger, with the shareholders voting yes, but opposition from the outside is strong.
The Space Weather Prediction Center (SWPC) issued late Tuesday morning a rare G4 severe geomagnetic storm alert for Tuesday night. The impact, expected primarily poleward of 45 degrees latitude, could cause satellite navigation (GPS) to be degraded or inoperable for hours, as well as northern lights seen as far south as Alabama and northern California.
