Ag Business Articles
BASF Spins Off Food Ingredients Business
Published December 30, 2024
BASF is selling its food and health performance ingredients business to the Louis Dreyfus Company. This business includes items for the plant-based market, such as omega-3 oils. The terms of the deal were not announced.NCBA Responds to Corporate Transparency Change
Published December 30, 2024
The National Cattlemen’s Beef Association released a statement regarding the latest court developments that suspended the reporting requirement again for the Corporate Transparency Act. The statement says “these court rulings have gone back and forth and continue to add to…Last Saltie of the Season
Published December 30, 2024
The last oceangoing vessel left the Port of Duluth-Superior over the weekend, ending the 2024 navigation season. This ship was carrying durum and wheat and is heading to North Africa. The amount of agricultural commodities moving through the port hit…Mintert to Retire This Week
Published December 30, 2024
Purdue University ag economist Dr. Jim Mintert will retire Tuesday. For the last ten years, Mintert was the director for the Center for Commercial Agriculture and has been the force behind the Purdue University-CME Group Ag Economy Barometer. Associate Director…Buhler Industries Founder Dies
Published December 30, 2024
John Buhler, the founder of Buhler Industries, has died. Buhler purchased Morden’s Standard Gas Engine Works in 1969 and renamed the company Farm King. He expanded the farm equipment business and consolidated it as Buhler Industries in 1994. The company…Beet Stock Values
Published December 29, 2024
There was no brokered American Crystal Sugar Company beet stock trading activity during the holiday week. According to Acres & Shares broker, Jayson Menke, for the trading season 3,183 shares have been brokered since September from a range of $5,100…#3 A Difficult Farm Economy
Published December 29, 2024
RRFN’s #3 story for 2024 is the weak farm economy. U.S. net farm income is down for the third consecutive year and another downturn is forecast for 2025. Declining commodity prices, high interest rates and sticky farm input costs are…#6 EPA Issues Herbicide Strategy
Published December 29, 2024
In August, the Environmental Protection Agency released its final Herbicide Strategy. In a statement, the EPA described it as “an unprecedented step in protecting over 900 federally endangered and threatened species from the potential impacts of herbicides.” For decades, the…#8 Horrific Wildfires Hit Western ND
Published December 29, 2024
Natural disasters are seen every year, including the devastating Helene and Milton hurricanes. For Texas and North Dakota, the issue was wildfires. Nearly 140,000 acres were impacted by the wildfires in North Dakota. The image of the scorched earth and…