ERP Extension Sought
A coalition of nearly 20 farm groups is urging the leadership of the agriculture appropriations subcommittees to provide adequate resources to extend the Emergency Relief Program to cover losses for 2022. The letter to lawmakers said the next farm bill…
Record Income
Net U.S. cash farm income is forecast to be a record high $188 billion for 2022. That’s up 25.5 percent from 2021. Cash receipts for corn, soybeans, wheat and other crops are up 19 percent. Receipts from animal agriculture are…
Biofuel Blending Standards Announced
The Environmental Protection Agency is proposing a renewable fuel standard of 20.8 billion gallons in 2023. That will rise to 22.6 billion gallons in 2025. For advanced biofuels, EPA set the mandate at 5.8 billion gallons for 2023, 6.6 billion…
Corteva to Buy Stoller Group
Corteva Agriscience is expanding its presence in the biological market. Corteva has signed a definitive agreement to acquire Stoller. The deal should be finalized in 2023 and is valued at $12 billion. This is Corteva’s second major acquisition in the…
Biofuel Blending Volumes Boosted
The Environmental Protection Agency is proposing to increase the 2023 renewable fuel blending mandate to 20.82 billion gallons. That standard moves to 21.87 billion gallons in 2024 and 22.68 billion gallons in 2025. Conventional biofuels, like corn-based ethanol, will have…
A Big Corn Year
Going into next year, farmers may want to prepare for possible drought conditions. Dekalb Asgrow Technical Agronomist Grant Mehring believes the easiest way to do that is through your seed choice. “There is a definite trend toward a more droughthy…
Protests Continue
Commodity markets are expected to remain skittish until it gets a better handle on how the Chinese government will handle the unprecedented protests happening across the country. The demonstrations are against China’s zero-tolerance COVID policy. Protesters have called for President…
Two Sides to South American Crops
The Northern Ag Expo took place November 29-30. Martinson Risk Management Agency Market Analyst Randy Martinson was one of three experts on a grains outlook panel. Martinson says Brazil’s growing conditions are something to be watching. “You can’t quite call…
Marketing Meetings Offered in North Dakota
Innovus Agra Owner Bret Oelke is putting on marketing meetings for farmers in Dickinson and Mandan, North Dakota. Oelke says the first meeting just wrapped up. “We just finished up the first round and the second series takes place on…
A-PLUS Act Sitting on Backburner
The Amplifying Processing of Livestock in the United States Act would help fix regulatory roadblocks for increasing meat processing capacity. Livestock Marketing Association Vice President of Government and Industry Affairs Chelsey Good gives us an update on the A PLUS…
Urgency Climbs to Fill Trade Positions
Important trade negotiations like the Indo-Pacific Economic Framework are rapidly approaching. U.S. Meat Export Federation President Dan Halstrom is pushing to get the U.S. Senate to confirm two key ag trade nominees. “We’re almost to the half-way point of the…
Equipment on Short Supply
According to Reuters, John Deere Executives released a statement saying combines are sold out for the 2023 fiscal year. Stone X Chief Commodity Economist Arlan Suderman says the high commodity prices in recent years have driven up demand. “Farmers have…
NFGA Urges Congress to Mediate Rail Issues
National Feed and Grain Association Director of Communications Sarah Gonzalez says the tentative rail agreement between rail unions and the Biden administration was first adopted in September and would help ease the brakes put on railroad bottlenecks. “The President urged…
ERP Phase One Deadline Drawing Nearer
December 16th is the last day for eligible farmers to apply for phase one of the Emergency Relief Program. North Dakota Farm Service Agency Executive Director Marcey Svenningson says phase one of ERP is based on the 2020 and 2021…
NCI to Provide Update on Russia-Ukraine
The Northern Crops Institute is hosting another Market Update webinar on Wednesday at 8 AM. This webinar will feature Zsolt Vincze, senior vice president, R.J. O’Brien & Associates, who will provide an update on the Russia-Ukraine conflict and the impact…
U.S. and Mexico Discuss GMO Corn Ban
In a meeting with Mexico’s economic secretary, U.S. Trade Ambassador Katherine Tai emphasized the importance of U.S. corn exports to Mexico for both feed and food. Mexico has proposed a ban on imports of GMO corn, suggesting it may allow…
Mexico Softens Stance on GMO Corn Imports
After the United States threatened action through the USMCA trade agreement, the Mexican president is now back peddling on his plan to ban biotech corn imports. Andres Manuel Lopez Obrador said the ban will be on corn for human consumption,…
A Transition for Canadian Swine Imports
Over the past five years, 83 percent of Canada’s hog imports into the United States has been feeder pigs. Since 2021, that percentage has dropped to 77 percent. In that same time period, slaughter hog imports from Canada are up…
U.S.-Mexico GMO Corn Policy Discussed
Agriculture Secretary Tom Vilsack met with the Mexican president and discussed a proposed ban on biotech corn imports. Without a solution, Vilsack said the U.S. government will take legal action through the U.S.-Mexico-Canada Agreement. National Corn Growers Association CEO Jon…
Congressional Intervention
At the request of President Biden, House Speaker Nancy Pelosi will bring the rail issue up for a vote this week. In a statement, Biden said he is “pro-labor,” but a railroad strike would be devastating for the economy. Congress…
What’s Hot, What’s Not in the Markets
In today’s edition of What’s Hot, What’s Not in the Markets, Martinson Ag Risk Management President Randy Martinson describes Minneapolis Wheat as “the hot market.” The demand for quality wheat and the possibility of a railroad strike has supported spring…
Marketing Meetings Offered in North Dakota
Innovus Agra Owner Bret Oelke is putting on marketing meetings for farmers in Dickinson and Mandan, North Dakota. Oelke says the first meeting just wrapped up. “We just finished up the first round and the second series takes place on…
Equipment on Short Supply
According to Reuters, John Deere Executives released a statement saying combines are sold out for the 2023 fiscal year. Stone X Chief Commodity Economist Arlan Suderman says the high commodity prices in recent years have driven up demand. “Farmers have…
NFGA Urges Congress to Mediate Rail Issues
National Feed and Grain Association Director of Communications Sarah Gonzalez says the tentative rail agreement between rail unions and the Biden administration was first adopted in September and would help ease the brakes put on railroad bottlenecks. “The President urged…
Price Fixing Lawsuit FIled
McDonald’s has filed a price-fixing lawsuit against Smithfield Foods, Hormel Foods, JBS and Tyson Foods. The lawsuit claims the meat processors conspired to limit production to stabilize pork prices in 2008 and 2009.
Wyndmere Teacher Receives CHS Foundation Grant
During the CHS Annual Meeting, the CHS Foundation presented a $15,000 grant to Wyndmere High School in Wyndmere, North Dakota. Ag instructor Desi Severance will use the funds to build a mobile produce processing lab and implement an ag processing…
Invest in Growth
The nation’s largest farm cooperative finished the year with record income and is returning $1 billion in equity and patronage to its members. CHS President and CEO Jay Debertin says agriculture is in a good place and this is a…
ADD Funding Awarded
North Dakota Agriculture Commissioner Doug Goehring has announced Agricultural Diversification and Development Fund awards for four projects totaling $825,000. This fund supports value-added agriculture businesses. North American Bison of New Rockford was awarded $250,000 for the expansion of its facilities.…
Two Sides to South American Crops
The Northern Ag Expo took place November 29-30. Martinson Risk Management Agency Market Analyst Randy Martinson was one of three experts on a grains outlook panel. Martinson says Brazil’s growing conditions are something to be watching. “You can’t quite call…
Marketing Meetings Offered in North Dakota
Innovus Agra Owner Bret Oelke is putting on marketing meetings for farmers in Dickinson and Mandan, North Dakota. Oelke says the first meeting just wrapped up. “We just finished up the first round and the second series takes place on…
ERP Phase One Deadline Drawing Nearer
December 16th is the last day for eligible farmers to apply for phase one of the Emergency Relief Program. North Dakota Farm Service Agency Executive Director Marcey Svenningson says phase one of ERP is based on the 2020 and 2021…
Revenue Policies Now Available for Oats and Rye
The Risk Management Agency has expanded its small grains crop provisions to include revenue protection for oats and rye for the 2023 crop year. This option was already available for wheat and barley.
Dry Bean Scene
In this week’s Dry Bean Scene, we catch up with U.S. Dry Bean Council Northarvest’s Delegate, Kevin Regan. Regan underwent a trade trip to Peru and Chile recently. The Dry Bean Scene is sponsored by the Northarvest Bean Growers Association.…
New Traits on the Way
BASF is adding ten new soybean varieties for 2023. Soybean Seed Marketing Manager Doug Little says that innovation will continue with exclusive germplasm from BASF’s own breeding program with the Enlist E3 trait on the horizon. “In late 2029 and into…
Long-Lasting Weed Control
Tough broadleaves, like waterhemp, have changed the way farmers manage weeds. BASF District Sales Manager Ken Diebert looks at a layered approach. “In North Dakota and northern Minnesota, I would say that has become the favorite way to apply these Group…
Marketing Meetings Offered in North Dakota
Innovus Agra Owner Bret Oelke is putting on marketing meetings for farmers in Dickinson and Mandan, North Dakota. Oelke says the first meeting just wrapped up. “We just finished up the first round and the second series takes place on…
A-PLUS Act Sitting on Backburner
The Amplifying Processing of Livestock in the United States Act would help fix regulatory roadblocks for increasing meat processing capacity. Livestock Marketing Association Vice President of Government and Industry Affairs Chelsey Good gives us an update on the A PLUS…
Price Fixing Lawsuit FIled
McDonald’s has filed a price-fixing lawsuit against Smithfield Foods, Hormel Foods, JBS and Tyson Foods. The lawsuit claims the meat processors conspired to limit production to stabilize pork prices in 2008 and 2009.
A Transition for Canadian Swine Imports
Over the past five years, 83 percent of Canada’s hog imports into the United States has been feeder pigs. Since 2021, that percentage has dropped to 77 percent. In that same time period, slaughter hog imports from Canada are up…
MN Beef Update
Minnesota’s State Cattlemen’s Association Convention is open to all cattlemen. Hear more on the agenda and speakers in the latest Minnesota Beef Update.
Competition is Key
National Cattlemen’s Beef Association President-Elect Todd Wilkinson, who ranches near DeSmet, South Dakota, sees market transparency and fairness as a top priority. “The herd reduction has put us in a much better position for negotiation,” said Wilkinson. “We continue to…
Proposition 12 Update
Litigation is still in the works for California’s Proposition 12. National Pork Producers Council Chief Legal Strategist Michael Formica says Prop 12 is simply government overreach. “California is asserting the right to regulate all operations outside of California. Pork producers…
Urgency Climbs to Fill Trade Positions
Important trade negotiations like the Indo-Pacific Economic Framework are rapidly approaching. U.S. Meat Export Federation President Dan Halstrom is pushing to get the U.S. Senate to confirm two key ag trade nominees. “We’re almost to the half-way point of the…
Senate Approves Rail Agreement
In the words of President Joe Biden, Congress’ action on the rail contract will spare the country “a Christmas catastrophe in our grocery stores, our workplaces and in our communities.” The Senate voted 80-to-15 to force unions to accept a…
ERP Extension Sought
A coalition of nearly 20 farm groups is urging the leadership of the agriculture appropriations subcommittees to provide adequate resources to extend the Emergency Relief Program to cover losses for 2022. The letter to lawmakers said the next farm bill…
Biofuel Blending Standards Announced
The Environmental Protection Agency is proposing a renewable fuel standard of 20.8 billion gallons in 2023. That will rise to 22.6 billion gallons in 2025. For advanced biofuels, EPA set the mandate at 5.8 billion gallons for 2023, 6.6 billion…
Biofuel Blending Volumes Boosted
The Environmental Protection Agency is proposing to increase the 2023 renewable fuel blending mandate to 20.82 billion gallons. That standard moves to 21.87 billion gallons in 2024 and 22.68 billion gallons in 2025. Conventional biofuels, like corn-based ethanol, will have…
Stay Engaged With State Lawmakers
Federal policies often grab the headlines, but action in state legislatures can have a considerable impact on agriculture. Bayer Senior Director of State Policy and Advocacy Dave Tierney says the crop protection industry face scrutiny. “Glyphosate and the use of…
Mexico Softens Stance on GMO Corn Imports
After the United States threatened action through the USMCA trade agreement, the Mexican president is now back peddling on his plan to ban biotech corn imports. Andres Manuel Lopez Obrador said the ban will be on corn for human consumption,…
