The American Lamb Board is excited to share a new seasonal promotion designed to help drive consumers to restaurants that proudly feature American lamb, and to highlight the hard work of our U.S. sheep producers. 

ALB launched the Feast It Forward Giveaway, giving consumers a chance to win a gift card to their favorite restaurant serving American lamb. It’s a holiday incentive that keeps American lamb top-of-mind during one of the busiest dining seasons of the year. Participants can enter by visiting the Holiday Headquarters at Americanlamb.com. They can nominate their favorite restaurant that serves lamb and submit their entry. 

Winners will be announced at the end of December. “It’s a fun giveaway that celebrates the chefs, restaurants, and the producers who bring our American Lamb experiences to life,” said ALB Chair Jeff Ebert. “We support the restaurants that champion American Lamb and give consumers another reason to enjoy it.”

The American Lamb Board is excited to share a new seasonal promotion designed to help drive consumers to restaurants that proudly feature American lamb, and to highlight the hard work of our U.S. sheep producers. ALB launched the Feast It Forward Giveaway, giving consumers a chance to win a gift card to their favorite restaurant serving American lamb. It’s a holiday incentive that keeps American lamb top-of-mind during one of the busiest dining seasons of the year. Participants can enter by visiting the Holiday Headquarters at Americanlamb.com. They can nominate their favorite restaurant that serves lamb and submit their entry. Winners will be announced at the end of December. “It’s a fun giveaway that celebrates the chefs, restaurants, and the producers who bring our American Lamb experiences to life,” said ALB Chair Jeff Ebert. “We support the restaurants that champion American Lamb and give consumers another reason to enjoy it.”- NAFB

Lamb Farmers Launch Feast It Forward Giveaway

Following the success of its 40th music anniversary and food festival in Minneapolis, Minnesota, Farm Aid said it’s distributing over $1.3 million in grant funding this year to support family farmers. 

Putting the proceeds of its annual festival to work to strengthen family farms and agriculture, Farm Aid’s End of the Year Grant Program advances the on-the-ground work of farm and food organizations across the country. “These organizations are at the heart of the farm movement, with family farmers at the center of their work and leadership,” said Farm Aid President and Founder Willie Nelson. “This is especially important as farmers once again face trying times reminiscent of the crisis that gave rise to Farm Aid and the movement we’re a part of.” 

This month, Farm Aid committed $1,146,000 to 106 family farm, rural response, and urban agriculture organizations. Another $190,000+ going to other grant programs brings it to $1,336,000 this year.

Following the success of its 40th music anniversary and food festival in Minneapolis, Minnesota, Farm Aid said it’s distributing over $1.3 million in grant funding this year to support family farmers. Putting the proceeds of its annual festival to work to strengthen family farms and agriculture, Farm Aid’s End of the Year Grant Program advances the on-the-ground work of farm and food organizations across the country. “These organizations are at the heart of the farm movement, with family farmers at the center of their work and leadership,” said Farm Aid President and Founder Willie Nelson. “This is especially important as farmers once again face trying times reminiscent of the crisis that gave rise to Farm Aid and the movement we’re a part of.” This month, Farm Aid committed $1,146,000 to 106 family farm, rural response, and urban agriculture organizations. Another $190,000+ going to other grant programs brings it to $1,336,000 this year.- NAFB

Farm Aid Distributes Over $1.3 Million in Grants

The USDA is making $12 billion available in one-time bridge payments to American farmers in response to temporary trade market disruptions and increased production costs that are still impacting farmers. 

These bridge payments are intended in part to aid farmers until investments from the One Big Beautiful Bill Act, which includes a 10-21 percent increase in reference prices, are set to reach eligible farmers on October 1, 2026. Of the $12 billion provided, up to $11 billion will be used for the Farmer Bridge Assistance Program, which provides broad relief to row crop farmers producing a wide range of commodities. Farmers who qualify for the FBA Program can expect payments to be released by February 28, 2026. 

Eligible farmers should ensure their 2025 acreage reporting is factual and accurate by 5pm ET on December 19, 2025. Commodity-specific payment rates will be released by the end of the month.

The USDA is making $12 billion available in one-time bridge payments to American farmers in response to temporary trade market disruptions and increased production costs that are still impacting farmers. These bridge payments are intended in part to aid farmers until investments from the One Big Beautiful Bill Act, which includes a 10-21 percent increase in reference prices, are set to reach eligible farmers on October 1, 2026. Of the $12 billion provided, up to $11 billion will be used for the Farmer Bridge Assistance Program, which provides broad relief to row crop farmers producing a wide range of commodities. Farmers who qualify for the FBA Program can expect payments to be released by February 28, 2026. Eligible farmers should ensure their 2025 acreage reporting is factual and accurate by 5pm ET on December 19, 2025. Commodity-specific payment rates will be released by the end of the month.- NAFB

More Details on the Emergency Bridge Payments to Farmers

March corn was up 4 1/4 cents per bushel, January soybeans were down 6 1/2 cents, March KC wheat was 1/4 cent lower steady, March Chicago wheat was 1/2 cent higher and March Minneapolis wheat was near unchanged.

Heading into the Tuesday close, except for corn, the December WASDE report turned out to be a dud. Corn export sales were increased by a more-than-expected 125 mb to a record large 3.2 billion bushels. The wheat and soy balance sheets in the U.S. were left untouched and that seems strange for beans with the tepid pace of China purchases. In wheat, major exporter supplies rose by close to 9 mmt, but that was pretty much in the market.

The live cattle complex got off to a mild rally this morning as the market desires to trade higher, but traders aren't confident that the market possesses enough support to break through the market's stiff resistance at its 40-day and 100-day moving averages just yet. Still no cash cattle trade has developed and bids and asking prices remain elusive at this point. Tuesday's WASDE report shared mixed news for cattle and beef markets of 2025 and 2026. Beef production for 2025 was increased as both fed and non-fed slaughter have increased, and as carcass weights continue to be at an all-time high. Beef production for 2025 is now estimated at 25,950 million pounds -- up 194 million pounds from last month's report. Beef production for 2026 increased from last month's report as well -- now estimated to total 25,725 million pounds, up 335 million pounds from last month's estimate.

The feeder cattle complex was traded right in line again this week with the live cattle market -- seeing more than enough fundamental support in feeder cattle sales in the countryside -- but without the technical reassurance from the live cattle market, traders aren't willing to push the contracts beyond the 40-day and 100-day moving averages just yet. Yesterday afternoon, feeder cattle prices were marked anywhere from $5.00 to $30.00 higher as demand has again perked back up in the countryside.

And just like the cattle complex, the market's resistance simply seems too stiff for the lean hog complex to challenge at this point in time, as most of the contracts traded lower into the day's closing bell. It's likely that the market will keep this slightly lower tone, as it's going to take substantial fundamental support to develop before traders will likely challenge that resistance threshold. And although midday pork cutout values were higher, traders are going to need to see consistent support as well. Tuesday's WASDE report shared mixed news for the hog and pork markets of 2025 and 2026. Pork production for 2025 was decreased by 25 million pounds, and pork production for 2026 remained steady at 27,475 million pounds for 2026.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/09141508/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn was up 4 1/4 cents per bushel, January soybeans were down 6 1/2 cents, March KC wheat was 1/4 cent lower steady, March Chicago wheat was 1/2 cent higher and March Minneapolis wheat was near unchanged. Heading into the Tuesday close, except for corn, the December WASDE report turned out to be a dud. Corn export sales were increased by a more-than-expected 125 mb to a record large 3.2 billion bushels. The wheat and soy balance sheets in the U.S. were left untouched and that seems strange for beans with the tepid pace of China purchases. In wheat, major exporter supplies rose by close to 9 mmt, but that was pretty much in the market.LIVESTOCK:The live cattle complex got off to a mild rally this morning as the market desires to trade higher, but traders aren't confident that the market possesses enough support to break through the market's stiff resistance at its 40-day and 100-day moving averages just yet. Still no cash cattle trade has developed and bids and asking prices remain elusive at this point. Tuesday's WASDE report shared mixed news for cattle and beef markets of 2025 and 2026. Beef production for 2025 was increased as both fed and non-fed slaughter have increased, and as carcass weights continue to be at an all-time high. Beef production for 2025 is now estimated at 25,950 million pounds -- up 194 million pounds from last month's report. Beef production for 2026 increased from last month's report as well -- now estimated to total 25,725 million pounds, up 335 million pounds from last month's estimate. The feeder cattle complex was traded right in line again this week with the live cattle market -- seeing more than enough fundamental support in feeder cattle sales in the countryside -- but without the technical reassurance from the live cattle market, traders aren't willing to push the contracts beyond the 40-day and 100-day moving averages just yet. Yesterday afternoon, feeder cattle prices were marked anywhere from $5.00 to $30.00 higher as demand has again perked back up in the countryside.And just like the cattle complex, the market's resistance simply seems too stiff for the lean hog complex to challenge at this point in time, as most of the contracts traded lower into the day's closing bell. It's likely that the market will keep this slightly lower tone, as it's going to take substantial fundamental support to develop before traders will likely challenge that resistance threshold. And although midday pork cutout values were higher, traders are going to need to see consistent support as well. Tuesday's WASDE report shared mixed news for the hog and pork markets of 2025 and 2026. Pork production for 2025 was decreased by 25 million pounds, and pork production for 2026 remained steady at 27,475 million pounds for 2026.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/09141508/web-closing-markets.mp3">Click HERE for audio</a>

Commodity markets daily recap

Five major global gas companies announced a major new partnership to build a large-scale e-methane production facility in Nebraska. Biogenic CO2 sourced from ethanol producers is a critical feedstock for e-methane production, and the ability to secure CO2 delivery via pipeline is the primary reason this project targeted Nebraska. It’s a clear signal that international capital is flowing into the Midwest to secure reliable, low-carbon fuel sources for export markets. 

Methane, also known as natural gas, is usually drilled out of the ground, but can also chemically be formed. When burned, synthetic methane emits greenhouse gases but is considered less polluting due to its cleaner production process and re-use of CO2. A final investment decision is expected in 2027 on the facility, with startup scheduled for 2030. A statement from the five companies said the Live Oak Project will leverage Nebraska’s abundant biogenic CO2 resources, captured from bioethanol plants. 

Five major global gas companies announced a major new partnership to build a large-scale e-methane production facility in Nebraska. Biogenic CO2 sourced from ethanol producers is a critical feedstock for e-methane production, and the ability to secure CO2 delivery via pipeline is the primary reason this project targeted Nebraska. It’s a clear signal that international capital is flowing into the Midwest to secure reliable, low-carbon fuel sources for export markets. Methane, also known as natural gas, is usually drilled out of the ground, but can also chemically be formed. When burned, synthetic methane emits greenhouse gases but is considered less polluting due to its cleaner production process and re-use of CO2. A final investment decision is expected in 2027 on the facility, with startup scheduled for 2030. A statement from the five companies said the Live Oak Project will leverage Nebraska’s abundant biogenic CO2 resources, captured from bioethanol plants. -NAFB

Global investors betting on Nebraska

President Donald Trump was expected to announce a $12 billion aid package on Monday afternoon. Administration officials told the AP that it will be a boost for farmers struggling to sell their crops due to a months-long trade war with China and many other overseas markets. Trump was expected to unveil the plan at a White House roundtable with Treasury and Agriculture Secretaries Scott Bessent and Brooke Rollins, as well as lawmakers and farmers who grow commodities like corn, soybeans, cotton, and many others. 

Up to $11 billion is set aside for the USDA’s Farmer Bridge Assistance Program, which the administration says will offer a one-time payment to farmers of row crops of all kinds. The rest will be for U.S. farmers growing crops not covered under the bridge assistance program. It’s to help offer certainty to farmers as they market the current harvest and plan for next year. 

President Donald Trump was expected to announce a $12 billion aid package on Monday afternoon. Administration officials told the AP that it will be a boost for farmers struggling to sell their crops due to a months-long trade war with China and many other overseas markets. Trump was expected to unveil the plan at a White House roundtable with Treasury and Agriculture Secretaries Scott Bessent and Brooke Rollins, as well as lawmakers and farmers who grow commodities like corn, soybeans, cotton, and many others. Up to $11 billion is set aside for the USDA’s Farmer Bridge Assistance Program, which the administration says will offer a one-time payment to farmers of row crops of all kinds. The rest will be for U.S. farmers growing crops not covered under the bridge assistance program. It’s to help offer certainty to farmers as they market the current harvest and plan for next year. -NAFB

White House announcing $12 billion in farm assistance

<figure>
 <img src="https://media.eaglewebservices.com/public/2025/12/1765228441626.jpeg" alt="President Trump with farmers and ranchers in Oval Office Monday-photo by Margo Martin, Assistant to the President" />
 <figcaption>President Trump with farmers and ranchers in Oval Office Monday-photo by Margo Martin, Assistant to the President</figcaption>
 </figure><div><blockquote class="twitter-tweet">🚨 <a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a>: &quot;I&#39;m delighted to announce this afternoon that the United States will be taking a small portion of the hundreds of billions of dollars we receive in tariffs... We&#39;re going to use that money to provide $12B in economic assistance to American farmers.&quot; <a href="https://t.co/upHPD6a9eP">pic.twitter.com/upHPD6a9eP</a>&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1998115240983019905?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet">.<a href="https://twitter.com/SecRollins?ref_src=twsrc%5Etfw">@SecRollins</a>: As <a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a> said, we are very pleased to announce that today, we are going to be effectuating a $11B bridge payment to our farmers... by the end of this month, every farmer that is able to apply for it will know exactly what that number looks like. <a href="https://t.co/3cKmFw6OQC">https://t.co/3cKmFw6OQC</a> <a href="https://t.co/hUk5XFmVMd">pic.twitter.com/hUk5XFmVMd</a>&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1998118157178069161?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet">.<a href="https://twitter.com/SecScottBessent?ref_src=twsrc%5Etfw">@SecScottBessent</a>: &quot;These direct payments will give producers the breathing room they need to market this year’s harvest and plan for next season... thanks to the administration&#39;s pro growth policies, input costs like fuel and fertilizer are easing... Interest rates are coming… <a href="https://t.co/3cKmFw6OQC">https://t.co/3cKmFw6OQC</a> <a href="https://t.co/afbyMM1E89">pic.twitter.com/afbyMM1E89</a>&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1998120274764632411?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet">.<a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a> on lowering the cost of farm equipment: &quot;We’re going to take off a lot of the environmental restrictions that they have on machinery... we’re going to take a lot of that nonsense off of the equipment, which is going to reduce [prices].&quot; <a href="https://t.co/bPuKHsgeGA">pic.twitter.com/bPuKHsgeGA</a>&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1998119170899136723?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet">.<a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a> announces 12 billion in economic assistance to farmers: &quot;We&#39;re going to use that money to provide 12 billion dollars in economic assistance to American farmers&quot; <a href="https://t.co/SR3Yti19GA">pic.twitter.com/SR3Yti19GA</a>&mdash; CSPAN (@cspan) <a href="https://twitter.com/cspan/status/1998125773304066198?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet">.<a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a> announces 12 billion in economic assistance to farmers: &quot;We&#39;re going to use that money to provide 12 billion dollars in economic assistance to American farmers&quot; <a href="https://t.co/SR3Yti19GA">pic.twitter.com/SR3Yti19GA</a>&mdash; CSPAN (@cspan) <a href="https://twitter.com/cspan/status/1998125773304066198?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet">“Farmers are an indispensable national asset, part of the backbone of America…I’ve always felt it so strongly. They are so important.” <a href="https://twitter.com/POTUS?ref_src=twsrc%5Etfw">@POTUS</a> ❤️ <a href="https://t.co/hDv28uOrdM">pic.twitter.com/hDv28uOrdM</a>&mdash; Margo Martin (@MargoMartin47) <a href="https://twitter.com/MargoMartin47/status/1998122795981541672?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet">Meryl Kennedy, Rice, Corn, and Soybean Farmer from Monroe, LA: &quot;The rice industry thanks you sincerely for what you have done for the California rice market into Japan. It has been monumental for our industry.&quot; <a href="https://t.co/4tqdnu25Io">pic.twitter.com/4tqdnu25Io</a>&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1998124143968145796?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><div><blockquote class="twitter-tweet">Cordt Holub, Corn and Soybean Farmer from Dysart, Iowa: &quot;I think you brought Christmas to farmers with this bridge payment... What you&#39;re doing here in D.C. is working... I&#39;ll be able to potentially pass on a farm to my children because of you.&quot; ❤️ <a href="https://t.co/3cKmFw6h14">https://t.co/3cKmFw6h14</a> <a href="https://t.co/aW1qXFws2Q">pic.twitter.com/aW1qXFws2Q</a>&mdash; Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1998122935828058237?ref_src=twsrc%5Etfw">December 8, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>

🎥President Trump details the $12B aid package for farmers

March corn closed down 1 cent per bushel at $4.43 3/4 and May Corn&nbsp;closed down 1 cent per bushel at $4.51 1/4 and January soybeans closed down 11 1/2 cents at $10.93 3/4 and May soybeans were down 8 3/4 cents at $11.16 3/4. March KC wheat closed down 4 3/4 cents at $5.26 1/2, March Chicago wheat was down 1 cent at $5.34 3/4 and MIAX March Minneapolis wheat was down 0.02 cents at $5.7125.

Ahead of the December edition of the World Agricultural Supply and Demand Estimates (WASDE) report on Tuesday, traders sent row-crop prices lower to begin the week with the soybean market leading the way. Selling has accelerated in soybean futures following a bearish technical break late last week, while traders are clearly anxious regarding the trade situation with rainfall in Brazil over the past week also weighing on prices. In outside markets, equities turned lower on Monday after rallying through last week back toward October record highs, hitting technical resistance in the process.&nbsp;

The livestock complex was handling Monday's trade a bit more cautiously as traders yearn to see more fundamental support. Especially in the cattle complex, with both the live cattle and feeder cattle contracts nearing their 40-day and 100-day moving averages, traders will need to see more fundamental support before they'll challenge those moving averages.

The lean hog complex closed up after trading mixed into Monday's noon hour as the market would like to continue to trade higher and keep with the trend of last week. But before doing so, traders are hoping to see continued fundamental demand -- especially as they begin to pressure resistance thresholds.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/01204004/30001.mp3">Click HERE for Audio</a>

GrainsMarch corn closed down 1 cent per bushel at $4.43 3/4 and May Corn&nbsp;closed down 1 cent per bushel at $4.51 1/4 and January soybeans closed down 11 1/2 cents at $10.93 3/4 and May soybeans were down 8 3/4 cents at $11.16 3/4. March KC wheat closed down 4 3/4 cents at $5.26 1/2, March Chicago wheat was down 1 cent at $5.34 3/4 and MIAX March Minneapolis wheat was down 0.02 cents at $5.7125.Ahead of the December edition of the World Agricultural Supply and Demand Estimates (WASDE) report on Tuesday, traders sent row-crop prices lower to begin the week with the soybean market leading the way. Selling has accelerated in soybean futures following a bearish technical break late last week, while traders are clearly anxious regarding the trade situation with rainfall in Brazil over the past week also weighing on prices. In outside markets, equities turned lower on Monday after rallying through last week back toward October record highs, hitting technical resistance in the process.&nbsp;LivestockThe livestock complex was handling Monday's trade a bit more cautiously as traders yearn to see more fundamental support. Especially in the cattle complex, with both the live cattle and feeder cattle contracts nearing their 40-day and 100-day moving averages, traders will need to see more fundamental support before they'll challenge those moving averages.The lean hog complex closed up after trading mixed into Monday's noon hour as the market would like to continue to trade higher and keep with the trend of last week. But before doing so, traders are hoping to see continued fundamental demand -- especially as they begin to pressure resistance thresholds.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/01204004/30001.mp3">Click HERE for Audio</a>

The United Nations’ Food and Agriculture Organization’s Food Price Index fell 1.2 percent to 125.1 points in November, marking a third consecutive monthly decline and a new low level since January. 

Sugar prices tumbled 5.9 percent to the lowest level since December 2020, amid expectations of ample global sugar supplies in the current season. Sugar production remained strong in Brazil and India. Dairy prices dropped 3.1 percent to September 2024 lows with declines recorded across all major dairy commodities. Prices for vegetable oils went down 2.6 percent as lower prices in other categories more than offset a slight increase in the price of soy oil. 

Also, meat prices dropped 0.8 percent, continuing to be driven lower by pig and poultry prices. On the other hand, cereal costs went up 1.8 percent, driven by a 2.5 percent increase in wheat bolstered by potential Chinese interest in supplies from the U.S. and reduced Russian plantings.

The United Nations’ Food and Agriculture Organization’s Food Price Index fell 1.2 percent to 125.1 points in November, marking a third consecutive monthly decline and a new low level since January. Sugar prices tumbled 5.9 percent to the lowest level since December 2020, amid expectations of ample global sugar supplies in the current season. Sugar production remained strong in Brazil and India. Dairy prices dropped 3.1 percent to September 2024 lows with declines recorded across all major dairy commodities. Prices for vegetable oils went down 2.6 percent as lower prices in other categories more than offset a slight increase in the price of soy oil. Also, meat prices dropped 0.8 percent, continuing to be driven lower by pig and poultry prices. On the other hand, cereal costs went up 1.8 percent, driven by a 2.5 percent increase in wheat bolstered by potential Chinese interest in supplies from the U.S. and reduced Russian plantings.-NAFB

World Food Prices Fall in November

Merck Animal Health announced that the Food and Drug Administration granted conditional approval for EXOLT CATTLE-CA 1. It’s a new topical that’s approved for the prevention and treatment of infestations caused by New World Screwworm larvae, as well as the treatment and control of the cattle fever tick. 

“The New World Screwworm represents a growing concern to U.S. agriculture, potentially causing devastating economic losses for cattle producers that could reach hundreds of millions of dollars,” said Rick DeLuca, president of Merck Animal Health. “We worked closely with the FDA to accelerate availability so that veterinarians and cattle producers will have access to a powerful new tool to protect cattle from these serious parasites, helping to safeguard the industry’s economic future and the nation’s beef supply.” Merck also received market authorization in Mexico to prevent and treat the New World Screwworm to help control the spread of the parasite and protect cattle.&nbsp;

Merck Animal Health announced that the Food and Drug Administration granted conditional approval for EXOLT CATTLE-CA 1. It’s a new topical that’s approved for the prevention and treatment of infestations caused by New World Screwworm larvae, as well as the treatment and control of the cattle fever tick. “The New World Screwworm represents a growing concern to U.S. agriculture, potentially causing devastating economic losses for cattle producers that could reach hundreds of millions of dollars,” said Rick DeLuca, president of Merck Animal Health. “We worked closely with the FDA to accelerate availability so that veterinarians and cattle producers will have access to a powerful new tool to protect cattle from these serious parasites, helping to safeguard the industry’s economic future and the nation’s beef supply.” Merck also received market authorization in Mexico to prevent and treat the New World Screwworm to help control the spread of the parasite and protect cattle.&nbsp;-NAFB

Conditional Approval of Topical Screwworm Treatment

The holidays bring large increases in food spending for both food at home and food away from home. Consumers’ decisions during this season can have important implications for farmers and ranchers. Farmdoc, at the University of Illinois, said persistent inflation has impacted consumer food decisions in recent years, including their holiday meals. 

This year, estimates of Thanksgiving meal costs showed prices were slightly lower than in previous years. A survey showed 69 percent of respondents expect food prices to affect their meal plans this year. The concern was much higher for people who utilize nutrition assistance programs like SNAP. Despite the challenges, demand for many holiday favorites like turkey remains strong. Despite recent concerns regarding high beef prices, a larger share of consumers report plans to serve beef in their holiday meals compared to recent years. Consumers are adapting by shopping for food deals and shopping earlier than normal.&nbsp;

The holidays bring large increases in food spending for both food at home and food away from home. Consumers’ decisions during this season can have important implications for farmers and ranchers. Farmdoc, at the University of Illinois, said persistent inflation has impacted consumer food decisions in recent years, including their holiday meals. This year, estimates of Thanksgiving meal costs showed prices were slightly lower than in previous years. A survey showed 69 percent of respondents expect food prices to affect their meal plans this year. The concern was much higher for people who utilize nutrition assistance programs like SNAP. Despite the challenges, demand for many holiday favorites like turkey remains strong. Despite recent concerns regarding high beef prices, a larger share of consumers report plans to serve beef in their holiday meals compared to recent years. Consumers are adapting by shopping for food deals and shopping earlier than normal.&nbsp;-NAFB

How Will Food Prices Affect Holiday Meals in 2025?

March corn closed down 2 1/2 cents and May corn was down 2 1/4 cents. January soybeans closed down 14 1/4 cents and March soybeans were down 12 3/4 cents. March KC wheat closed down 2 3/4 cents, March Chicago wheat was down 4 1/2 cents, March Minneapolis wheat was down 0 cents.

March corn closed down 3 cents and March corn was down 3 1/2 cents. January soybeans closed down 32 1/2 cents and March soybeans were down 30 cents. March KC wheat closed up 3 3/4 cents, March Chicago wheat was down 2 3/4 cents and March Minneapolis wheat was down 5 cents.

The soybean market fell by double digits on Friday, and in four of the five sessions this week as traders are expressing growing impatience regarding where cumulative sales stand to China, despite USDA announcing a flash sale Friday morning, the first announcement for soybeans in a week. Corn and wheat futures displayed more resilience on Friday as compared to soybeans but slipped slightly amid spillover weakness as well as uncertainty regarding how USDA will forecast crop demand in next Tuesday's WASDE report, which will leave the supply side of the balance sheet unchanged and among record levels for corn and wheat. In outside markets, a relatively cool inflation reading in the delayed September Personal Consumption Expenditure Index keeps the Federal Reserve on track for a rate cut in their meeting next week. Energy markets were higher to close the week, having gained traction through the second half of the week after the meeting between U.S. and Russian officials in Moscow has featured little follow-through news in regard to advancing peace talks in the Black Sea region.

The live cattle contracts traded higher into Friday's close, as traders remain pleased with the higher uptick thus far in the fed cash cattle market. On Thursday, some Northern dressed cattle traded at $340 to $345, which is $11.00 to $16.00 higher than last week's weighted average. The South remains at an utter standstill, but trade should begin to develop before the day is done. Asking prices for cattle in the South are set at $225 plus and in the North at $346 plus. Boxed beef prices are lower: choice down $0.04 ($362.68) and select down $0.84 ($349.48) with a movement of 100 loads (81.03 loads of choice, 8.93 loads of select, zero loads of trim and 10.25 loads of ground beef).

The feeder cattle complex also traded higher into Friday's closing bell, pushing mostly $1.00 advancements into the late afternoon. Currently, the spot January contract is trading above the market's 40-day moving average, which hasn't been done since Oct. 24, but the market isn't confident enough that there's enough support to conquer the 100-day moving average.

The lean hog contracts managed a fruitful day as the market continues to push onward and higher, currently pressuring the market's resistance at $82.00 in the spot February contract. It is helping that midday pork cutout values were up over $3.00 higher, which is a significant jump and helps traders feel as though demand will remain a key factor moving forward.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/05135801/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed down 2 1/2 cents and May corn was down 2 1/4 cents. January soybeans closed down 14 1/4 cents and March soybeans were down 12 3/4 cents. March KC wheat closed down 2 3/4 cents, March Chicago wheat was down 4 1/2 cents, March Minneapolis wheat was down 0 cents.For the Week:March corn closed down 3 cents and March corn was down 3 1/2 cents. January soybeans closed down 32 1/2 cents and March soybeans were down 30 cents. March KC wheat closed up 3 3/4 cents, March Chicago wheat was down 2 3/4 cents and March Minneapolis wheat was down 5 cents.The soybean market fell by double digits on Friday, and in four of the five sessions this week as traders are expressing growing impatience regarding where cumulative sales stand to China, despite USDA announcing a flash sale Friday morning, the first announcement for soybeans in a week. Corn and wheat futures displayed more resilience on Friday as compared to soybeans but slipped slightly amid spillover weakness as well as uncertainty regarding how USDA will forecast crop demand in next Tuesday's WASDE report, which will leave the supply side of the balance sheet unchanged and among record levels for corn and wheat. In outside markets, a relatively cool inflation reading in the delayed September Personal Consumption Expenditure Index keeps the Federal Reserve on track for a rate cut in their meeting next week. Energy markets were higher to close the week, having gained traction through the second half of the week after the meeting between U.S. and Russian officials in Moscow has featured little follow-through news in regard to advancing peace talks in the Black Sea region.LIVESTOCK:The live cattle contracts traded higher into Friday's close, as traders remain pleased with the higher uptick thus far in the fed cash cattle market. On Thursday, some Northern dressed cattle traded at $340 to $345, which is $11.00 to $16.00 higher than last week's weighted average. The South remains at an utter standstill, but trade should begin to develop before the day is done. Asking prices for cattle in the South are set at $225 plus and in the North at $346 plus. Boxed beef prices are lower: choice down $0.04 ($362.68) and select down $0.84 ($349.48) with a movement of 100 loads (81.03 loads of choice, 8.93 loads of select, zero loads of trim and 10.25 loads of ground beef).The feeder cattle complex also traded higher into Friday's closing bell, pushing mostly $1.00 advancements into the late afternoon. Currently, the spot January contract is trading above the market's 40-day moving average, which hasn't been done since Oct. 24, but the market isn't confident enough that there's enough support to conquer the 100-day moving average.The lean hog contracts managed a fruitful day as the market continues to push onward and higher, currently pressuring the market's resistance at $82.00 in the spot February contract. It is helping that midday pork cutout values were up over $3.00 higher, which is a significant jump and helps traders feel as though demand will remain a key factor moving forward.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/05135801/web-closing-markets.mp3">Click HERE for audio</a>

USDA plans to roll out a short-term “bridge payment” for farmers next week, officials said Tuesday, in a bid to help growers survive tight margins and trade-related losses. Agriculture Secretary Brooke Rollins told White House colleagues a key purpose of the payment is to cushion crop producers after a year of depressed prices and significant drops in U.S. soybean sales to China. 

While the broader 2025 farm support package has received roughly $40 billion in commitments, the second highest since the 1930s, farming groups say some producers need immediate liquidity to cover seed, fertilizer and other input costs ahead of 2026 planting. Details, including how much each farmer may receive and which crops are eligible, remain unclear. Lawmakers expressed optimism that at least partial payments could be distributed before year’s end. 

USDA plans to roll out a short-term “bridge payment” for farmers next week, officials said Tuesday, in a bid to help growers survive tight margins and trade-related losses. Agriculture Secretary Brooke Rollins told White House colleagues a key purpose of the payment is to cushion crop producers after a year of depressed prices and significant drops in U.S. soybean sales to China. While the broader 2025 farm support package has received roughly $40 billion in commitments, the second highest since the 1930s, farming groups say some producers need immediate liquidity to cover seed, fertilizer and other input costs ahead of 2026 planting. Details, including how much each farmer may receive and which crops are eligible, remain unclear. Lawmakers expressed optimism that at least partial payments could be distributed before year’s end. -NAFB

U.S. officials to announce short-term “Bridge Payment” aid for farmers

Beef production in major exporting and consuming regions is projected to decline in 2025, with global output likely to remain under pressure heading into 2026, analysts at Rabobank reported this week. The report indicates the largest volume reductions are expected in the United States, which has faced shrinking herds and lower slaughter rates. That trend helps explain why other producers — particularly Australia — are expanding feedlot capacity to capitalize on weakened U.S. output. At the same time, production in several other major beef-producing countries — including New Zealand — is forecast to drop the most in percentage terms, driven by tighter margins, disease pressures and shifting global demand. 

Globally, exports of beef and beef products are expected to grow only modestly, as shrinking supplies and rising input costs limit expansion potential, the Rabobank analysis found. This downtrend could have ripple effects on beef prices worldwide — potentially boosting retail costs in importing countries and reshaping consumer supply chains just as demand recovers after pandemic-era disruptions. 

Beef production in major exporting and consuming regions is projected to decline in 2025, with global output likely to remain under pressure heading into 2026, analysts at Rabobank reported this week. The report indicates the largest volume reductions are expected in the United States, which has faced shrinking herds and lower slaughter rates. That trend helps explain why other producers — particularly Australia — are expanding feedlot capacity to capitalize on weakened U.S. output. At the same time, production in several other major beef-producing countries — including New Zealand — is forecast to drop the most in percentage terms, driven by tighter margins, disease pressures and shifting global demand. Globally, exports of beef and beef products are expected to grow only modestly, as shrinking supplies and rising input costs limit expansion potential, the Rabobank analysis found. This downtrend could have ripple effects on beef prices worldwide — potentially boosting retail costs in importing countries and reshaping consumer supply chains just as demand recovers after pandemic-era disruptions. -NAFB

Global Forecast: beef production to fall further in 2025

March corn closed up 3 3/4 cents and May corn was up 3 3/4 cents. January soybeans closed up 3 3/4 cents and March soybeans were up 3 1/4 cents. March KC wheat closed up 4 1/2 cents, March Chicago wheat was up 2 cents, March Minneapolis wheat was down 3 1/4 cents.

U.S. ag futures regained at least part of the midweek losses seen in Wednesday's session. Corn, soybeans, and wheat markets all approached near-term support which encouraged buying as traders are likely satisfied to keep prices within their recent ranges for now, ahead of the USDA update early next week. Outside markets were quiet for Thursday, with mostly higher energy markets, while Treasury yields were mixed to higher which offered support to the U.S. Dollar Index which has fallen in eight of the past ten sessions.

The live cattle complex traded higher into Thursday's closing bell, although midday boxed beef prices were lower, traders are hopeful that the fed cash cattle market will trade cattle stronger later this week. A few bids are currently on the table at $218 live in Kansas, and $216 live and $335 to $340 dressed in Nebraska but no cattle have traded yet. Asking prices are firm at $225 in the South and $340 plus in the North. The market still has plenty of room to trade higher before it runs into resistance pressure, which will likely happen around the market's 100-day moving average ($231.33). Boxed beef prices are lower: choice down $0.78 ($363.03) and select down $3.22 ($349.90) with a movement of 86 loads (67.88 loads of choice, 14.18 loads of select, zero loads of trim and 4.39 loads of ground beef).

Upon seeing the live cattle contracts continue to trade higher, the feeder cattle complex pushed a moderate rally into Thursday's close. This week's rally hasn't only developed throughout the futures complex, but its support has also affected feeder cattle prices, which are trading higher in the countryside once again.

The lean hog complex also traded higher as the market continues to see adequate technical support, even though pork cutout values did not trade higher today. At this point, it's likely that the bulk of this week's trade in the cash hog market is essentially done with, although a few more clean-up sales still could develop.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/04144253/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed up 3 3/4 cents and May corn was up 3 3/4 cents. January soybeans closed up 3 3/4 cents and March soybeans were up 3 1/4 cents. March KC wheat closed up 4 1/2 cents, March Chicago wheat was up 2 cents, March Minneapolis wheat was down 3 1/4 cents.U.S. ag futures regained at least part of the midweek losses seen in Wednesday's session. Corn, soybeans, and wheat markets all approached near-term support which encouraged buying as traders are likely satisfied to keep prices within their recent ranges for now, ahead of the USDA update early next week. Outside markets were quiet for Thursday, with mostly higher energy markets, while Treasury yields were mixed to higher which offered support to the U.S. Dollar Index which has fallen in eight of the past ten sessions.LIVESTOCK:The live cattle complex traded higher into Thursday's closing bell, although midday boxed beef prices were lower, traders are hopeful that the fed cash cattle market will trade cattle stronger later this week. A few bids are currently on the table at $218 live in Kansas, and $216 live and $335 to $340 dressed in Nebraska but no cattle have traded yet. Asking prices are firm at $225 in the South and $340 plus in the North. The market still has plenty of room to trade higher before it runs into resistance pressure, which will likely happen around the market's 100-day moving average ($231.33). Boxed beef prices are lower: choice down $0.78 ($363.03) and select down $3.22 ($349.90) with a movement of 86 loads (67.88 loads of choice, 14.18 loads of select, zero loads of trim and 4.39 loads of ground beef).Upon seeing the live cattle contracts continue to trade higher, the feeder cattle complex pushed a moderate rally into Thursday's close. This week's rally hasn't only developed throughout the futures complex, but its support has also affected feeder cattle prices, which are trading higher in the countryside once again. The lean hog complex also traded higher as the market continues to see adequate technical support, even though pork cutout values did not trade higher today. At this point, it's likely that the bulk of this week's trade in the cash hog market is essentially done with, although a few more clean-up sales still could develop.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/04144253/web-closing-markets.mp3">Click HERE for audio</a>

Burks Tractor, an Idaho-based dealership, filed a lawsuit against Monarch Tractor of California. The suit accuses the California-based startup of a breach of contract and warranty violations after its tractors failed to operate autonomously. The dealership said the ten tractors it bought via interest-bearing financing for almost $800,000 are defective and didn’t live up to the driver-optional, or autonomous, claims of the company. Burks bought the tractors in early 2024 with the intent of being among the California company’s first retail dealers. 

Burks said Monarch misrepresented the tractors as fully autonomous and not limited by location or time. An article in Farm Equipment Magazine said Monarch attempted to make the units work autonomously but failed, eventually admitting to the limitations but refusing to take back the defective inventory. A November 19 letter from Monarch Tractor’s HR Department to 102 employees warned of pending layoffs while changing the business to software licensing.

Burks Tractor, an Idaho-based dealership, filed a lawsuit against Monarch Tractor of California. The suit accuses the California-based startup of a breach of contract and warranty violations after its tractors failed to operate autonomously. The dealership said the ten tractors it bought via interest-bearing financing for almost $800,000 are defective and didn’t live up to the driver-optional, or autonomous, claims of the company. Burks bought the tractors in early 2024 with the intent of being among the California company’s first retail dealers. Burks said Monarch misrepresented the tractors as fully autonomous and not limited by location or time. An article in Farm Equipment Magazine said Monarch attempted to make the units work autonomously but failed, eventually admitting to the limitations but refusing to take back the defective inventory. A November 19 letter from Monarch Tractor’s HR Department to 102 employees warned of pending layoffs while changing the business to software licensing.-NAFB

Farm equipment dealer sues tractor manufacturer

After a tariff war stalled trade for months, reports showed shipments of U.S. crops headed to China are picking up in number. At least six large cargo vessels are scheduled to fill up with soybeans at Gulf Coast terminals through mid-December. A shipping schedule that was seen by Reuters this week said a seventh U.S. soybean cargo was loaded during the previous weekend and is already headed to China, the first shipment since May. 

While the White House announced that China agreed to buy 12 million metric tons of U.S. soybeans by the end of this month, Beijing has yet to confirm any details about potential promises to purchase large volumes of U.S. soybeans. USDA data said Chinese importers booked nearly two million metric tons of U.S. soybeans last month for delivery in the 2025-2026 marketing year that ends in August 2026. U.S. sorghum shipments have also restarted to China.

After a tariff war stalled trade for months, reports showed shipments of U.S. crops headed to China are picking up in number. At least six large cargo vessels are scheduled to fill up with soybeans at Gulf Coast terminals through mid-December. A shipping schedule that was seen by Reuters this week said a seventh U.S. soybean cargo was loaded during the previous weekend and is already headed to China, the first shipment since May. While the White House announced that China agreed to buy 12 million metric tons of U.S. soybeans by the end of this month, Beijing has yet to confirm any details about potential promises to purchase large volumes of U.S. soybeans. USDA data said Chinese importers booked nearly two million metric tons of U.S. soybeans last month for delivery in the 2025-2026 marketing year that ends in August 2026. U.S. sorghum shipments have also restarted to China.-NAFB

More soybean shipments heading to China

March corn closed down 6 1/2 cents and May corn was down 6 3/4 cents. January soybeans closed down 9 cents and March soybeans were down 9 1/2 cents. March KC wheat closed down 3 1/2 cents, March Chicago wheat was down 2 3/4 cents, March Minneapolis wheat was down 4 1/2 cents.

Corn, soybean, and wheat markets fell under technical pressure as the state of post-harvest rallies has entered a period of limbo with traders likely searching for clarity on lingering fundamental questions such as the supply side of the corn balance sheet, as well as the uncertain nature of the demand for U.S. soybeans in China. Prices may remain rangebound but below immediate resistance ahead of the December USDA update due out early next week which may offer insight into some of these areas of concern. Outside markets for Wednesday saw equities trade higher, with the Dow Jones Industrial Average higher now in eight of the past ten sessions and once again closing in on record levels. The U.S. Dollar Index was softer for the seventh time in the past eight business days and remains at the bottom of the monthly range for the Index.

The live cattle complex traded modestly higher into Wednesday's close, thankful to again see stronger boxed beef prices. The market initially opened lower at Wednesday's start, but upon seeing improved fundamentals, traders felt as though there was enough support in the market to justify trading the contracts higher. Still no cash cattle trade has developed, but asking prices are noted in the South at $225, and are still not established in the North. It is assumed that cash prices will be higher this week with the uptick in boxed beef prices and with the board's support. The other factor that could be helping drive the cattle contracts higher is the announcement from Texas Agriculture Commissioner Sid Miller that another detection of New World screwworm (NWS) was found in Montemorelos, Nuevo Leon, Mexico, which is approximately 120 miles south of the Texas border. This development could mean that the border will stay closed longer than assumed.

With the live cattle market's support, the feeder cattle complex traded over $3.00 higher into Wednesday's noon hour. It was rather impressive to note some of the sales made Tuesday afternoon at sale barns across the country as some were trading $20.00 to $30.00 higher, with instances as much as $50.00 higher than the week before. That obviously showed up in the CME feeder cattle index as well, which jumped $12.66 to $332.36. Today's support of the futures contracts should only encourage more buying in sale barns this afternoon.

After enduring a couple days of weaker trade, the lean hog complex was back to trading higher as the market is no longer up against immediate resistance pressure. Helping encourage traders to send the contracts higher is also the fact that pork cutout values are a tick stronger.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/03141153/web-closing-markets.mp3">Click HERE for audio</a>

By: NATHAN STUEDLEGRAINS:March corn closed down 6 1/2 cents and May corn was down 6 3/4 cents. January soybeans closed down 9 cents and March soybeans were down 9 1/2 cents. March KC wheat closed down 3 1/2 cents, March Chicago wheat was down 2 3/4 cents, March Minneapolis wheat was down 4 1/2 cents.Corn, soybean, and wheat markets fell under technical pressure as the state of post-harvest rallies has entered a period of limbo with traders likely searching for clarity on lingering fundamental questions such as the supply side of the corn balance sheet, as well as the uncertain nature of the demand for U.S. soybeans in China. Prices may remain rangebound but below immediate resistance ahead of the December USDA update due out early next week which may offer insight into some of these areas of concern. Outside markets for Wednesday saw equities trade higher, with the Dow Jones Industrial Average higher now in eight of the past ten sessions and once again closing in on record levels. The U.S. Dollar Index was softer for the seventh time in the past eight business days and remains at the bottom of the monthly range for the Index.LIVESTOCK:The live cattle complex traded modestly higher into Wednesday's close, thankful to again see stronger boxed beef prices. The market initially opened lower at Wednesday's start, but upon seeing improved fundamentals, traders felt as though there was enough support in the market to justify trading the contracts higher. Still no cash cattle trade has developed, but asking prices are noted in the South at $225, and are still not established in the North. It is assumed that cash prices will be higher this week with the uptick in boxed beef prices and with the board's support. The other factor that could be helping drive the cattle contracts higher is the announcement from Texas Agriculture Commissioner Sid Miller that another detection of New World screwworm (NWS) was found in Montemorelos, Nuevo Leon, Mexico, which is approximately 120 miles south of the Texas border. This development could mean that the border will stay closed longer than assumed.With the live cattle market's support, the feeder cattle complex traded over $3.00 higher into Wednesday's noon hour. It was rather impressive to note some of the sales made Tuesday afternoon at sale barns across the country as some were trading $20.00 to $30.00 higher, with instances as much as $50.00 higher than the week before. That obviously showed up in the CME feeder cattle index as well, which jumped $12.66 to $332.36. Today's support of the futures contracts should only encourage more buying in sale barns this afternoon.After enduring a couple days of weaker trade, the lean hog complex was back to trading higher as the market is no longer up against immediate resistance pressure. Helping encourage traders to send the contracts higher is also the fact that pork cutout values are a tick stronger.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/12/03141153/web-closing-markets.mp3">Click HERE for audio</a>

Farmer sentiment strengthened in November as rising crop prices and improved export prospects pushed the Purdue University/CME Group’s Ag Economy Barometer to 139, the highest level since June. Much of the increase was driven by a sharp 15-point jump in future expectations, even as current conditions held steady. The Future Expectations Index rose 15 points to 144. Financial outlooks improved alongside a 10-15 percent rally in fall-delivery corn and soybean bids, helping offset weaker cattle prices in the livestock sector. 

However, producers remain cautious as capital investment slipped further, and fewer farmers say today is a good time to expand. Long-term farmland value expectations reached a record high, while most corn producers anticipate stable cash rental rates heading into 2026. The survey also showed shifting crop production strategies as growers respond to projected tight operating margins, including lower-cost seed traits, reduced phosphorus applications, and adjustments to seeding and nitrogen rates. 

Farmer sentiment strengthened in November as rising crop prices and improved export prospects pushed the Purdue University/CME Group’s Ag Economy Barometer to 139, the highest level since June. Much of the increase was driven by a sharp 15-point jump in future expectations, even as current conditions held steady. The Future Expectations Index rose 15 points to 144. Financial outlooks improved alongside a 10-15 percent rally in fall-delivery corn and soybean bids, helping offset weaker cattle prices in the livestock sector. However, producers remain cautious as capital investment slipped further, and fewer farmers say today is a good time to expand. Long-term farmland value expectations reached a record high, while most corn producers anticipate stable cash rental rates heading into 2026. The survey also showed shifting crop production strategies as growers respond to projected tight operating margins, including lower-cost seed traits, reduced phosphorus applications, and adjustments to seeding and nitrogen rates. -NAFB

Future outlook drives farmer sentiment higher

The U.S. Grains and BioProducts Council’s 2025-2026 Corn Harvest Quality Report contained some good news about this year’s large corn crop. The 15th annual survey showed that the 2025 U.S. corn crop is projected to be the largest on record at 425.53 million metric tons, or 16,752 bushels. The crop is also highlighted by the lowest rate of broken corn and foreign material (BCFM) in the report’s history, a remarkable accomplishment for the entire corn value chain. 

This year’s crop, on average, is entering the market with characteristics that met or exceeded each grade factor’s numerical requirements for U.S. No. 1 grade corn. The report showed 87 percent of the samples met all grade factor requirements for U.S. No. 1 grade, and 97.8 percent met the grade factor requirements for U.S. No. 2 grade corn. The report is based on 621 yellow corn samples taken from 12 top corn-producing states.  

The U.S. Grains and BioProducts Council’s 2025-2026 Corn Harvest Quality Report contained some good news about this year’s large corn crop. The 15th annual survey showed that the 2025 U.S. corn crop is projected to be the largest on record at 425.53 million metric tons, or 16,752 bushels. The crop is also highlighted by the lowest rate of broken corn and foreign material (BCFM) in the report’s history, a remarkable accomplishment for the entire corn value chain. This year’s crop, on average, is entering the market with characteristics that met or exceeded each grade factor’s numerical requirements for U.S. No. 1 grade corn. The report showed 87 percent of the samples met all grade factor requirements for U.S. No. 1 grade, and 97.8 percent met the grade factor requirements for U.S. No. 2 grade corn. The report is based on 621 yellow corn samples taken from 12 top corn-producing states. -NAFB

Large 2025 U.S. corn crop in excellent condition

A junior at Northwest Missouri State University has received a $500 scholarship named in memory of a Savannah native.

Kiara Schaub, of Savannah, Missouri, is currently studying agronomy with a focus on crop science.&nbsp;She is the daughter of Clint and Shelly Schaub.

The Matthew White Memorial Scholarship is an endowed scholarship awarded to a continuing student at Northwest in an agriculture-related major. 

Information from the university says a scholarship of at least $500 is awarded with preference to graduates of Savannah High School, North Andrew High School in Rosendale and students from Missouri or Iowa.&nbsp;

Matthew White was a student at the university who completed his sophomore year as an agriculture business major when he died in an automobile crash in 2005. White's parents, Steve and Julie, of Savannah, established the scholarship in 2006. Both parents are alumni of Northwest.

<figure>
 <img src="https://media.eaglewebservices.com/public/2025/12/1764781042921.jpeg" alt="KiaraSchaub - courtesy of NWMSU" />
 <figcaption>KiaraSchaub - courtesy of NWMSU</figcaption>
 </figure>By RYAN SKAITHA junior at Northwest Missouri State University has received a $500 scholarship named in memory of a Savannah native.Kiara Schaub, of Savannah, Missouri, is currently studying agronomy with a focus on crop science.&nbsp;She is the daughter of Clint and Shelly Schaub.The Matthew White Memorial Scholarship is an endowed scholarship awarded to a continuing student at Northwest in an agriculture-related major. Information from the university says a scholarship of at least $500 is awarded with preference to graduates of Savannah High School, North Andrew High School in Rosendale and students from Missouri or Iowa.&nbsp;Matthew White was a student at the university who completed his sophomore year as an agriculture business major when he died in an automobile crash in 2005. White's parents, Steve and Julie, of Savannah, established the scholarship in 2006. Both parents are alumni of Northwest.

Northwest Missouri State University student receives scholarship in memory of Savannah native

Four major North American beekeeping organizations released the first-ever&nbsp;<a href="https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Flink.mediaoutreach.meltwater.com%2Fls%2Fclick%3Fupn%3Du001.uz5lr8pI0chmy5RiAKbVZBdtiEabO92IwH4PjGYuo3iEBrMeKsoMncL8xF-2FkA70J7tM30NIWBI1gPmDMpf8fGg-3D-3DbLLV_op3UltOywoDCTS4XADKtXUyHBeSkoIc-2B3QAtI9Yp7LCcJrJT1Bvq5cVjpx37bKtkI4uWgUdoDm-2Fp-2B1v3TR0ZszdTpGurtVlmYjTnjzRbUTD0Sj765SNTin8W85YkR8iUuD9m-2B8LUA4xBWi-2FkDVUXP5dsP7CyVtEXwpqxz7kUabVvWUkFi-2F3OKObzzzG78capBM6D11MpkUSurKhROlGZHqmrnSfS9HsT-2FQ1paMAt2ZqYZUHrr-2Brk2dB9SILJWJr-2BCZmXzEH22-2B97gkvnUZi-2Bf5eA6JsSpUVv2A-2FCOGvjBwSCvGiJ3rUvVZjTGtewItjAKkAdJWteMfhWA9ZbhwSuT27PtaESup5BTKWm4p9wmKgmo51r-2B6jOL7Y7ijVwsN00&amp;data=05%7C02%7Cchad%40nafb.com%7Cdb5ff0c2d4ef4730966f08de3102f0b1%7C0a0f31dbe88545c9b3cd38cd460b6e25%7C1%7C0%7C639002085906345184%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=vwBR3f95SD%2BkQfwRB%2FWYHeusch6nIWmyd91JMo8x5o0%3D&amp;reserved=0">North American Bee Strategy</a>. It’s a coordinated, continent-wide plan to protect honeybees, strengthen the viability of professional beekeeping, and safeguard food security across the U.S. and Canada.

The strategy lays out four priorities, including improving monitoring, treatment, and research on pest diseases. It also strengthens honey authenticity standards and enforcement to curb fraudulent imports. “The strategy was built by beekeepers and for beekeepers,” said Matt Mulica of the Honeybee Health Coalition.

The four organizations include the American Beekeeping Federation, the American Honey Producers Association, the Canadian Beekeepers Federation, and the Canadian Honey Council. Other priorities include supporting applied research, shared research infrastructure, and streamlined scientific collaboration. The goal is to build a more unified and sustainable honey market across national borders. “This strategy will secure the future of beekeeping,” said Dr. Peter Awram of the Canadian Beekeepers Federation.

Four major North American beekeeping organizations released the first-ever&nbsp;<a href="https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Flink.mediaoutreach.meltwater.com%2Fls%2Fclick%3Fupn%3Du001.uz5lr8pI0chmy5RiAKbVZBdtiEabO92IwH4PjGYuo3iEBrMeKsoMncL8xF-2FkA70J7tM30NIWBI1gPmDMpf8fGg-3D-3DbLLV_op3UltOywoDCTS4XADKtXUyHBeSkoIc-2B3QAtI9Yp7LCcJrJT1Bvq5cVjpx37bKtkI4uWgUdoDm-2Fp-2B1v3TR0ZszdTpGurtVlmYjTnjzRbUTD0Sj765SNTin8W85YkR8iUuD9m-2B8LUA4xBWi-2FkDVUXP5dsP7CyVtEXwpqxz7kUabVvWUkFi-2F3OKObzzzG78capBM6D11MpkUSurKhROlGZHqmrnSfS9HsT-2FQ1paMAt2ZqYZUHrr-2Brk2dB9SILJWJr-2BCZmXzEH22-2B97gkvnUZi-2Bf5eA6JsSpUVv2A-2FCOGvjBwSCvGiJ3rUvVZjTGtewItjAKkAdJWteMfhWA9ZbhwSuT27PtaESup5BTKWm4p9wmKgmo51r-2B6jOL7Y7ijVwsN00&amp;data=05%7C02%7Cchad%40nafb.com%7Cdb5ff0c2d4ef4730966f08de3102f0b1%7C0a0f31dbe88545c9b3cd38cd460b6e25%7C1%7C0%7C639002085906345184%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=vwBR3f95SD%2BkQfwRB%2FWYHeusch6nIWmyd91JMo8x5o0%3D&amp;reserved=0">North American Bee Strategy</a>. It’s a coordinated, continent-wide plan to protect honeybees, strengthen the viability of professional beekeeping, and safeguard food security across the U.S. and Canada.The strategy lays out four priorities, including improving monitoring, treatment, and research on pest diseases. It also strengthens honey authenticity standards and enforcement to curb fraudulent imports. “The strategy was built by beekeepers and for beekeepers,” said Matt Mulica of the Honeybee Health Coalition.The four organizations include the American Beekeeping Federation, the American Honey Producers Association, the Canadian Beekeepers Federation, and the Canadian Honey Council. Other priorities include supporting applied research, shared research infrastructure, and streamlined scientific collaboration. The goal is to build a more unified and sustainable honey market across national borders. “This strategy will secure the future of beekeeping,” said Dr. Peter Awram of the Canadian Beekeepers Federation.- NAFB

New Bee Strategy Protects Pollinators and the U.S. Honey Market

Tyson Foods recently announced the shutdown of its beef processing plant in Lexington, Nebraska. The news followed months of losses in its beef division, driven largely by the smallest U.S. cattle herd in decades.

Dr. Derrell Peel, a livestock market economist with Oklahoma State University, told the Radio Oklahoma Network that the move wasn’t entirely unexpected. With an additional slowdown at Tyson’s plant in Amarillo, Texas, Peel said the combination represents a seven to eight thousand head per day loss of packing capacity, which is about 7.5 to nine percent of total U.S. packing capacity.

The southern plains region is also especially tight due to drought-related issues and the impact of the New World Screwworm, which has restricted the flow of Mexican feeder cattle into the U.S. Peel did say that Tyson heavily invested in updating the Amarillo facility, which means the company likely won’t abandon the beef plant long-term.

Tyson Foods recently announced the shutdown of its beef processing plant in Lexington, Nebraska. The news followed months of losses in its beef division, driven largely by the smallest U.S. cattle herd in decades.Dr. Derrell Peel, a livestock market economist with Oklahoma State University, told the Radio Oklahoma Network that the move wasn’t entirely unexpected. With an additional slowdown at Tyson’s plant in Amarillo, Texas, Peel said the combination represents a seven to eight thousand head per day loss of packing capacity, which is about 7.5 to nine percent of total U.S. packing capacity.The southern plains region is also especially tight due to drought-related issues and the impact of the New World Screwworm, which has restricted the flow of Mexican feeder cattle into the U.S. Peel did say that Tyson heavily invested in updating the Amarillo facility, which means the company likely won’t abandon the beef plant long-term.- NAFB

The Impact of Tyson’s Beef Plant Closure

The Trump administration anticipates it will be ready to announce an aid package for American farmers within two-and-a-half weeks, as well as a deal on Chinese soybean purchases. Ag Secretary Brooke Rollins made the announcement this week but didn’t provide further details.

Reuters reported that the administration has said for months it would issue assistance for U.S. farmers ravaged by low crop prices and trade disputes. “We’ll have an announcement probably in the next week or two on what that’s going to look like,” Rollins told CNBC. But AgWeb’s Monthly Monitor found a divided view on the benefits of trade aid.

Economists responding to the Monitor agreed on two things. One is that U.S. agriculture has become too reliant on ad-hoc payments. They say repeated aid packages distort land values, cash rents, equipment purchases, and overall decision-making. Number two is that they all agree that aid payments will keep fertilizer prices high.

The Trump administration anticipates it will be ready to announce an aid package for American farmers within two-and-a-half weeks, as well as a deal on Chinese soybean purchases. Ag Secretary Brooke Rollins made the announcement this week but didn’t provide further details.Reuters reported that the administration has said for months it would issue assistance for U.S. farmers ravaged by low crop prices and trade disputes. “We’ll have an announcement probably in the next week or two on what that’s going to look like,” Rollins told CNBC. But AgWeb’s Monthly Monitor found a divided view on the benefits of trade aid.Economists responding to the Monitor agreed on two things. One is that U.S. agriculture has become too reliant on ad-hoc payments. They say repeated aid packages distort land values, cash rents, equipment purchases, and overall decision-making. Number two is that they all agree that aid payments will keep fertilizer prices high.- NAFB

Rollins: Farm Aid Expected within Weeks

March corn closed down 2 3/4 cents and May corn was down 2 1/2 cents. January soybeans closed down 9 3/4 cents and March soybeans were down 8 cents. March KC wheat closed down 3/4 cents, March Chicago wheat was down 3 1/2 cents, March MIAX Minneapolis wheat was down 2 cents.

Traders returned from the holiday break on Monday not quite ready to commit to the bullish momentum that had been built through the low volume Thanksgiving week. Corn, soybean, and wheat markets remain in areas of technical resistance, and while seasonality leans in favor of the bulls, there are a few fundamental concerns serving to keep a lid on prices, such as historically high corn supplies and a still hazy export demand outlook for soybeans. In outside markets, the U.S. dollar continued to slump back toward recent support near 99 on the index which held for Monday. Energy markets were higher for the most part, with diesel prices catching themselves to close last week and start the new week after falling sharply in the previous six sessions.

Markets closed downward today. The livestock complex was trading mixed into midday Monday, as the market hopes to see fundamental support improve in the cattle complex before traders push the cattle contracts much higher, but the lean hog contracts were trading slightly stronger. New showlists appear to be mixed, higher in Kansas, about steady in Nebraska/Colorado, but lower in Texas.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/11/10204004/30001.mp3">Click HERE for Audio</a>

GrainsMarch corn closed down 2 3/4 cents and May corn was down 2 1/2 cents. January soybeans closed down 9 3/4 cents and March soybeans were down 8 cents. March KC wheat closed down 3/4 cents, March Chicago wheat was down 3 1/2 cents, March MIAX Minneapolis wheat was down 2 cents.Traders returned from the holiday break on Monday not quite ready to commit to the bullish momentum that had been built through the low volume Thanksgiving week. Corn, soybean, and wheat markets remain in areas of technical resistance, and while seasonality leans in favor of the bulls, there are a few fundamental concerns serving to keep a lid on prices, such as historically high corn supplies and a still hazy export demand outlook for soybeans. In outside markets, the U.S. dollar continued to slump back toward recent support near 99 on the index which held for Monday. Energy markets were higher for the most part, with diesel prices catching themselves to close last week and start the new week after falling sharply in the previous six sessions.LivestockMarkets closed downward today. The livestock complex was trading mixed into midday Monday, as the market hopes to see fundamental support improve in the cattle complex before traders push the cattle contracts much higher, but the lean hog contracts were trading slightly stronger. New showlists appear to be mixed, higher in Kansas, about steady in Nebraska/Colorado, but lower in Texas.<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/11/10204004/30001.mp3">Click HERE for Audio</a>