Farm groups renewed their calls to pass a farm bill and potentially an
economic aid package for farmers in the lame-duck session of Congress. They
also highlighted the need to reform the migrant-labor program, roll back some
Biden administration rules, and pass new tax cuts next year.
BAg Groups Congratulate Trump on Win
Republicans captured control of the U.S. Senate for the first time in four
years, but there are still four Senate races too close to call. There are 52
House races still to be decided that will determine control of the House.
FHouse and Senate Races Still Undecided
USDA's November crop estimates tend to add increased accuracy to the U.S.
production estimates and 2024 should be no exception with U.S. corn and soybean
harvest both over 90% complete, allowing for a more complete view of field data
from which USDA can work to formulate its estimates.
BUSDA Reports Preview
The Andersons Inc. announced the company finalized a deal to acquire
majority ownership of Skyland Grain LLC. Financial and other details about the
acquisition were not made public.
=^Andersons, Skyland Finalize Grain Deal
The election came down to Donald Trump carrying rural areas by wide
margins while Vice President Kamala Harris won the urban and suburban areas by
smaller margins than President Joe Biden four years ago. Republicans also won
control of the U.S. Senate.
BTrump Begins to Look Ahead