Ag Business Articles
Flood Control Survey Underway
Published August 4, 2023
The Red River Retention Authority is surveying farmers and landowners about flood control in the Red River Basin. Executive Director Brian Fuder says the goal is to determine the impact of flooding on the region. "Is it springtime issues? fall issues?…Mexico Defends GMO Corn Ban
Published August 4, 2023
Mexican Deputy Agriculture Minister Victor Suarez claims the United States is refusing to conduct joint scientific research about biotech corn. The U.S. maintains Mexico’s position is not based in science. Suarez disagrees and told Reuters Mexico is prepared to defend…Russian Grain Shipments at Risk
Published August 4, 2023
The war between Russia and Ukraine is escalating. Russia hit portions of eastern Ukraine with an onslaught of missiles and drones Sunday. That was in retaliation for Ukraine's two drone attacks in the Russian port at Novorossiysk. This Black Sea…Net Income Declines Nearly 2% for Farm Credit System
Published August 4, 2023
The Farm Credit System had net income of $1.78 billion in the latest quarter. That compares to $1.81 billion one year ago. Despite a challenging marketplace, FCS officials said a strong balance sheet allowed them to support the needs of…CF Industries Releases 2Q Financials
Published August 4, 2023
CF Industries had second quarter net earnings of $527 million. That's down from $1.1 billion in the same period last year. Global nitrogen prices stabilized late in the second quarter due to strong demand during the spring application season.Nutrien Earnings Decline
Published August 4, 2023
Nutrien reports second quarter net earnings of $448 million, down from $3.6 billion one year earlier. Nutrien President and CEO Ken Seitz said the financial results were influenced by "unprecedented volatility in global crop input markets over the last 18…Renovo Seed Will Be Available in October
Published August 4, 2023
A new seed brand is being launched for the 2024 growing season. Renovo Seed is backed by the Millborn supply chain. Both companies are based in Brookings. Renovo Seed will focus on forages, cover crops and conservation plantings.Hoefs to Lead MBOAH
Published August 3, 2023
Dr. Brian Hoefs is the new executive director of the Minnesota Board of Animal Health and the state veterinarian. Hoefs succeeds Dr. Mario Garcia, who served the agency until April of this year. Hoefs has been in a interim role…Last Chance to Save on Registration for NCI’s Next 5 Years Conference
Published August 3, 2023
The Northern Crops Institute will be hosting the Next 5 Years Conference on September 11, 2023 at the Armory Event Center in Moorhead. The Next Five Years is an executive conference focused on major shifts happening in the agricultural marketplace…