Ag Business Articles
MCGA Recognition
Published January 19, 2023
The Minnesota Corn Growers Association presented its Gavel Award to immediate past president Bryan Biegler of Lake Wilson. State Senator Torrey Westrom of Alexandria received the Friend of Agriculture Award. Cannon Falls farmer Les Anderson was honored with the Kernel…Farm Lending Rebound
Published January 19, 2023
The Federal Reserve Bank of Kansas City is reporting a gradual increase in farm lending activity. The average size of non-real estate farm loans in the fourth quarter was 20 percent higher than one year ago. Interest rates on non-real…Efforts Underway to Update Organic Program
Published January 19, 2023
USDA is making changes to strengthen the enforcement of its National Organic Program. The proposal calls for improved farm-to-market traceability and greater insight over imports.Ships Sitting Idle in the Black Sea
Published January 19, 2023
The United Nations is seeking more efficiencies in the shipment of grain out of the Black Sea Region. There is a backlog of more than 100 ships in Turkish waters waiting to be inspected. The U.S. Ambassador to the United…SD Grain Buyer Bill Tabled
Published January 18, 2023
A bill was introduced in the South Dakota Legislature that would require grain buyers to report any alleged financial wrongdoing. After numerous discussions with the grain industry, Public Utilities Commission Commissioner Chris Nelson said they want the regulatory agency to…Fertilizer Price Outlook
Published January 18, 2023
A new report from S and P Commodity Insights suggests fertilizer prices will likely remain steady going into the spring season. After a disappointing fall application season, there is more than adequate supplies of phosphate and potash for this spring.…Surging Oil Demand
Published January 18, 2023
The International Energy Agency is forecasting record oil demand this year. This demand is linked to China reopening its economy following COVID-related shutdowns. The IEA expects oil demand to total 1.9 million barrels per day. That’s up nearly 200,000 barrels…Rorvig, Schafer Take Leadership Roles with NCBA Committees
Published January 18, 2023
The National Cattlemen’s Beef Association has announced the appointments made to its policy committees. Dan Rorvig of McVille, North Dakota is the new chair of the NCBA tax and credit committee. New Rockford, North Dakota rancher Jeff Schafer is the…Legislature Expected to Address Corporate Farming Law
Published January 17, 2023
With the hope to grow animal agriculture in the state, there will be bills to modify North Dakota’s corporate farming law. "It appears that they would be only looking at a poultry, dairy, swine, aquaculture, and hydroponics," said State Agriculture…