Ag Business Articles
Russia Approves Bayer Acquisition of Monsanto
Published April 23, 2018
A Dow Jones report says Russia has given conditional approval of Bayer’s $57 billion acquisition of Monsanto. Under the approval terms, Bayer agreed to transfer molecular breeding assets in several crops for a period of five years. The company didn’t…Improvements Needed in Infrastructure Funding Process
Published April 22, 2018
A study commissioned by the Soy Transportation Coalition and conducted by Texas A&M University shows improvements can be made in how infrastructure repair money is spent. STC Executive Director Mike Steenhoek says improvement can be made on the cost side…New Hires for NorthStar Genetics
Published April 18, 2018
NorthStar Genetics has hired two new district sales managers. Patrick Bukowski is based at Garretson, South Dakota and Dustin Mittleider is based in Jamestown, North Dakota.ND Mill Expansion Project Approved
Published April 18, 2018
The North Dakota Industrial Commission has approved an expansion project for the North Dakota Mill. The project is valued at nearly $25 million and would be funded through mill profits. The state-owned mill build four 250,000 bushel grain bins and…Grisafi Opens Portland, ND Office
Published April 17, 2018
Tommy Grisafi, risk management advisor for Advance Trading, Inc., has opened a new North Dakota office. Grisafi has a long-time presence in the region and now has an Advance Trading branch office at Portland, North Dakota. Grisafi has been trading…DC Public Affairs Firm Adds Vetter
Published April 16, 2018
Former agriculture trade ambassador Darci Vetter has accepted a new job with a public affairs firm in Washington, D.C. Vetter is Edelman’s vice chair for agriculture, food and trade and will manage the D.C. office. In 2017, Vetter was named…IRS Guidance on Section 199 Deduction
Published April 12, 2018
After tweaking Section 199A of the tax reform bill, the Domestic Production Activities Deduction (DPAD) was reinstated for cooperatives. CHS Director of Taxation Jim Heine says the Section 199 issue should be settled, for now. However, there has been no…1Q Demand for Farm Equipment Edges Higher
Published April 11, 2018
In the first three months of the year, the sale of four-wheel drive tractors increased five percent from year ago levels. Year-to-date, combine sales are up four percent. Association of Equipment Manufacturers senior vice president Curt Blades is cautiously optimistic…USDA Provides Natural Disaster Funds
Published April 10, 2018
The U.S. Department of Agriculture is issuing $34 million to agriculture producers affected by natural disasters in 2017. This includes farmers and ranchers who experienced drought-related losses. The funds are made available through USDA’s Emergency Assistance for Livestock, Honeybees and…