Corn was 91% harvested and soybeans were 95% harvested. Winter wheat was 92% planted and rated 45% good-to-excellent condition.
: Hansen-Mueller Co. filed for Chapter 11 bankruptcy on Monday after not paying farmers for grain deliveries. The company reports owing $100 million to $500 million to thousands of creditors.
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 funding bill passed this week by Congress rewrites the 2018 farm bill's provisions on hemp to end the unregulated sale of hemp-based products. That provision could upset an industry created around those products, including thousands of farmers.
USDA last week conducted what it billed as the largest trade mission in the department's history to Mexico, conducting more than 500 business meetings in three days. The department also announced the opening of a new Tampico facility that will aerially disperse sterile flies.
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.
Five of eight fertilizer prices rose in early November, with anhydrous up 4%. All fertilizers are higher compared to last year.
