Potential year-end farm disaster assistance leads today’s update, along with managed-money selling in grains, a new Texas beef plant, strong farmland values, federal grazing-rule changes and tighter dairy margins.
Listen to today’s Ag News Update:
Ag News Update – Monday 11/02/2026
Congress could consider roughly $12 billion in additional farm disaster assistance during the year-end session as producers continue facing high input costs and market pressure. StoneX says managed-money liquidation is amplifying the recent selloff in corn, soybeans and wheat as traders react to improved Brazil conditions and changing Black Sea expectations. USDA is backing a $24.6 million loan for a new Dimmitt, Texas, beef processing facility expected to handle about 400 cattle daily and create 220 jobs. AgAmerica Lending says average U.S. cropland values have moved above $6,000 per acre even as working capital and farm profitability remain under pressure. The Bureau of Land Management is preparing its first major grazing-rule revision in roughly three decades, with ranchers watching permit and allotment changes. U.S. milk production rose 2.4% in August, while the Dairy Margin Coverage margin fell to $9.34 per hundredweight.
Today’s Ag News Highlights
– Congress could consider roughly $12 billion in additional farm disaster aid.
– Managed-money liquidation is pressuring grain and oilseed markets.
– USDA is backing a $24.6 million loan for a new Dimmitt beef plant.
– Average U.S. cropland values have moved above $6,000 per acre.
– BLM is preparing its first major grazing-rule revision in roughly three decades.
– Milk production increased while Dairy Margin Coverage margins declined.