# Daily Ag Business Briefing: Nov. 12, 2026 land and loans | US Farm News

> Wheat rose on an oversold bounce on Nov. 11, while soybeans added to the prior day's rally and corn eased 1 cent. USDA's sorghum crop estimate fell 37% from 2025, and the Kansas City Fed reported Plains ranchland values up almost 10% with operating loan rates near 7.5%. Drought is ending Missouri River barge support on Nov. 15.

- Date: 2026-11-12 · published 2026-11-13T03:05:49.685Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/96997-daily-ag-business-briefing-nov-12-2026-land-and-loans-us-farm-news
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

A 37% smaller sorghum crop tightens US feed sorghum supply and supports prices. Early end to barge support raises Missouri River freight costs and can limit grain movement from the Plains and Midwest.

## Read by commodity

- BARGE: bullish ▲
- SORGHUM: bullish ▲

## Sources

- usfarmnews.com: https://usfarmnews.com/markets/daily-ag-business-briefing-nov-12-2026/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.