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Ag Business Articles

MSRPC Officer Team Re-elected

Published June 15, 2018

The Minnesota Soybean Research and Promotion Council officer team will serve another term. President Patrick O’Leary, who farms at Benson, will be joined by vice president Cole Trebesch of Springfield. Pat Sullivan of Franklin is the secretary and Joe Serbus…

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Petefish Returns for Another Term as MSGA President

Published June 15, 2018

Minnesota Soybean Growers Association President Michael Petefish has been re-elected for another term. Wheaton farmer Jamie Beyer is vice president. Mark Jones of St. James is treasurer and Bob Worth of Lake Benton is secretary.

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NFU Announces Beginning Farmers Institute Class

Published June 15, 2018

Twenty farmers and ranchers from across the U.S. will participate in the 2018/19 National Farmers Union Beginning Farmers Institute Program. The program is designed to help the next generation of farmers succeed by providing mentorship, technical training and leadership development.…

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Abengoa Sells Cane Plants to Cargill

Published June 14, 2018

Cargill has agreed to purchase two sugarcane processing plants in Brazil. These facilities are currently owned by the biofuels company Abengoa Bioenergia. which is going through bankruptcy. Brazilian media reports the sale is valued at $80 million.

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Land Values are “Surprisingly Good”

Published June 14, 2018

Farmers National Company has released its latest report on farmland values. According to regional sales manager Brian Mohr, land prices in Minnesota, North Dakota and South Dakota are “surprisingly good.” Prices for average-to-lower quality land is down slightly from a…

Fed Boosts Interest Rate Again

Published June 14, 2018

As expected, the Federal Reserve bumped the base interest by a quarter of a percent following their meeting Wednesday. Northern Crops Marketing and Investments President Brad Paulson says the stock market reaction was muted, because of the widely expected the rate…

USDA Settles Case with Central Livestock Association

Published June 14, 2018

Central Livestock Association, which is based at South St. Paul, has paid a $2,000 penalty for alleged violations of the Packers and Stockyards Act. Central Livestock comingled cattle from different consigners and failed to maintain the identity of each seller’s…

NCIS Highlights Crop Insurance Impact

Published June 14, 2018

National Crop Insurance Services has launched a new website with an interactive map providing state-specific information on crop insurance. In Minnesota, there are over 77,000 policies providing $8.2 billion in crop insurance protection. Crop insurance companies paid out over $141…

HOS and ELD Reforms Proposed

Published June 13, 2018

North Dakota Senator John Hoeven and Colorado Senator Michael Bennett have introduced legislation to deal with the new Hours of Service and Electronic Logging Device regulations. The proposal calls for the establishment of a working group at the Department of…

Retail Farm Equipment Sales Rise

Published June 12, 2018

According to the Association of Equipment Manufacturers, farm machinery sales are increasing. Compared to one year ago, the sales of four-wheel drive tractors rose 17 percent last month. Retail sales of two-wheel drive tractors rose 18 percent. Combine sales are…

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Ag Business Articles

MSRPC Officer Team Re-elected

Petefish Returns for Another Term as MSGA President

NFU Announces Beginning Farmers Institute Class

Abengoa Sells Cane Plants to Cargill

Land Values are “Surprisingly Good”

Fed Boosts Interest Rate Again

USDA Settles Case with Central Livestock Association

NCIS Highlights Crop Insurance Impact

HOS and ELD Reforms Proposed

Retail Farm Equipment Sales Rise

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