Did you miss some news this week? We’ve got you covered. Here’s a collection of the top headlines in agriculture.

Federal judge halts Corporate Transparency Act

A Texas federal court judge issued a nationwide injunction Wednesday, effectively nullifying the controversial Corporate Transparency Act. That rule would have required more than 32 million corporate entities to disclose their “beneficial owners” to the Treasury Department by Jan. 1.  The case is still working its way through the courts where other judges could rule differently. – Farm Progress

Farmer sentiment jumps following November election

The Ag Economy Barometer climbed 30 points to 145 in November, marking the highest reading since May of 2021. Some of the reasons behind the improvement in farmer sentiment include expectations for a future regulatory and tax environment for the agricultural sector that is more favorable than expected prior to the November elections. – Purdue/CME Group

Did Trump promise inflation?

A recent Rabobank research report predicts inflation, higher deficits and ag trade disruption if the president-elect follows through on economic policy promises. Learn more about how Trump’s campaign policy promises will create economic ripples with poth positive and negative potential. – Farm Futures

Tyson closes three meat plants, lays off workers

Tyson announced it will shutter its Emporia, Kan., beef plant, affecting 809 workers, as well as two prepared foods plants in Philadelphia, Pa., that process meat for cheesesteaks, according to WARN Act filings published this week. Since the start of 2023, Tyson has closed six chicken processing plants and at least three fresh meats facilities. – Agriculture Dive

Cargill cuts thousands of jobs as profits shrink

Cargill will cut about 5% of its 164,000-strong workforce as part of its 2030 strategy, according to an internal memo seen by Bloomberg. The news comes as crop-trading giants have seen earnings shrink after bumper crops sent corn and soybean prices tumbling. For Cargill, the squeeze has been compounded by the smallest U.S. cattle herd in seven decades. – Bloomberg

USDA announces $194 million in investments

USDA is awarding more than $194 million in grants and loans to support 118 projects that will help communities address immediate needs and create sustainable economic growth. Projects will lower costs for families, create jobs and grow businesses in rural areas. Learn more about the projects. – USDA

Christmas gift ideas for farmers

Are you struggling to check off your Christmas list? Gift giving to a person who seems to have everything, or just buys what they want when they want it, is tricky! Farm Progress editors share 18 gift ideas that your farmer or farm family members might not have, but might find useful. – Farm Progress