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IL Corn Joins Over 530 Organizations in Push for Farm Bill

This week, the IL Corn Growers Association joined over 530 organizations in a letter to House and Senate leadership calling upon Congress to pass a bipartisan farm bill.

The letter was signed by representatives in the nutrition, agriculture, environmental and other sectors and relayed the coalition’s concerns of continued inaction.

“If Congress does not come together this year to enact a bipartisan farm bill, the legislative process will begin anew in the 119th Congress,” the letter said. “Given the significant legislative, and possibly administrative, duties of a new Congress including the seating of new leadership and committees, Senate nominations, and other essential actions during the first months of the 119th Congress, we have concerns that it may not be logistically or politically feasible to advance a new farm bill early in the next Congress.”

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Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?


Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
2026 U.S. winter wheat planting is nearly complete at 97% while crop conditions improved by 3 points to 48% good-to-excellent. US corn & soybean harvest is complete.
High corn demand, which is off the chart, and more Chinese soybean demand could support a Christmas rally.
Nasdaq had it’s worst November since 2011.
A U.S. Fed rate cut in December will help fund flow and sentiment.
Bitcoin held a long-term support at 80,000 and that's positive for fund flow and sentiment. It should help stock prices and Ag as we go into December.
Fertilizer prices continue to climb as we look ahead to 2026. Farmers may rely more on the nutrients that they already have in their soils.
South American Weather remains critical as the soybean reproductive stage starts from late Nov to late Feb depending on planting date.
Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.