Cash Market Moves
Shipping season will end on the Great Lakes for the winter as the last of the Soo Locks close on Jan. 15.
USDA's Latest P&S Rule Now Final
Outgoing Agriculture Secretary Tom Vilsack highlighted that the administration is finalizing its third regulation under the Packers and Stockyards Act to provide more fairness to producers. The last rule from the Biden administration on ag competition will restrict how chicken processors treat growers under the tournament system.
Foreign US Ag Land Ownership Grows
Foreign ownership of U.S. agricultural land increased from 2022 to 2023, led primarily by the expansion of land use for renewable energy by foreign entities.