Cattle and calves on feed for the slaughter market in the United States
for feedlots with capacity of 1,000 or more head totaled 11.7 million head on
Dec. 1, 2025. The inventory was 2% below Dec. 1, 2024, USDA NASS reported on
Friday.
=^USDA Dec. 1 Cattle on Feed Report
The Surface Transportation Board (STB) is now tasked with deciding whether
to greenlight the $85 billion Union Pacific-Norfolk Southern merger, which is
considered the largest railroad consolidation in history.
7^UP-Norfolk Southern File With STB
The phosphorus outlook looks to be somewhat cloudy in 2026. Limited
Chinese exports and the continuing countervailing duties battle are major
factors why global supplies are limited. The phosphorus price outlook appears
to be steady into the new year.
:^Global Fertilizer Outlook - 2
Three companies made successful bids for Hansen-Mueller Co.'s grain assets
in a Chapter 11 bankruptcy auction, with an asset hearing set for Dec. 22, 2025.
B3 Companies Win Hansen-Mueller Auction
No. 9 on DTN's list of the Top 10 Ag Stories of 2025 is glyphosate's
struggles and survival.
1^Top 10 Ag Stories of 2025: No. 9
