John Deere plans to close two Iowa manufacturing plants, shifting
equipment production to other facilities as part of a broader restructuring of
its manufacturing operations.
1^Deere Plans 2 Iowa Plant Closures
For the near term, this sideways to somewhat lower trend will likely
remain the market's theme until something undeniably bullish arises (like
another bullish Cattle on Feed report or a rally in the fed cash cattle market)
and helps restore the market's confidence.
BCall the Market
Lenders reported continued pressure on farm profitability in 2026, with
75% of respondents saying profitability had declined among their borrowers,
according to the annual survey by the American Bankers Association and Farmer
Mac.
BBankers Concerned Over Working Capital
Most active soybean futures have traded lower in four of the past five
weeks, and are again sharply lower through the first days of November, but
could the $12.00 level inspire buyers?
@^Technically Speaking
Democrats won control of the House and Senate, flipped several
Republican-held Senate and governor seats and gained ground across farm country.
BTraditionally Red States Flip Senate Seats
