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Farmers Take Stand Against Bank in Hansen-Mueller Chapter 11, Citing Texas Law

Texas Farmers Fight for Grain Claims

Farmers Take Stand Against Bank in Hansen-Mueller Chapter 11, Citing Texas Law

LINCOLN, Neb. (DTN) — A group of 19 Texas farmers argues Hansen-Mueller Co.’s financier, BMO Bank, converted collateral from grain sales that was rightfully theirs,...

"Farmers Take Stand Against Bank in Hansen-Mueller Chapter 11, Citing Texas Law"
Redwood Group Leads Winners in Hansen-Mueller Bankruptcy Asset Sale

3 Companies Win Hansen-Mueller Auction

Redwood Group Leads Winners in Hansen-Mueller Bankruptcy Asset Sale

LINCOLN, Neb. (DTN) — Three companies were selected by Hansen-Mueller Co. as successful bidders on company assets during an auction in the Chapter 11 bankruptcy...

"Redwood Group Leads Winners in Hansen-Mueller Bankruptcy Asset Sale"

Weather

What DTN is Watching

Markets

On Wednesday, the EIA will release the weekly Petroleum Status report at 9:30 a.m. CDT, including last week’s ethanol production. There are no other major reports scheduled. Traders will as always watch U.S. weather as well as the situation in the Middle East as fighting has again escalated through this week.

Weather

A system that has been spinning around the Northern Plains and Canadian Prairies is finally starting to push eastward on Wednesday, but will continue scattered showers and thunderstorms in the region throughout the day. Showers extend down through the Plains as well, producing some much-needed rainfall in some very dry areas of the country.

Farm Credit Rates

DTN Ag Interest Rate Snapshot
TODAY- LAST YEAR
as of:6/3/266/3/25
BENCHMARKS
Prime Rate6.758.25
30-Day Libor5.19
1-Year Libor5.91
10-Yr. Treasury4.503.73
CCC Loan Rate4.7505.750

Closing Market Comment