Ag Business Articles
Beige Book: Volatile, but Healthy Farm Economy
Published October 20, 2022
The Federal Reserve’s Beige Book says the U.S. economy expanded at a modest pace through early October. According to the update from the Minneapolis Fed, 80 percent of farm lenders said income increased during the quarter. Rising production costs and…Global Events Ripple Through Fertilizer Market
Published October 19, 2022
Farmers have been feeling the pain of high fertilizer prices since last year. Farmers Business Network Chief Economist Kevin McNew cites the latest FBN fertilizer report. "The bad news for farmers is fertilizer values are not going to get cheaper…At the Nexis of Agriculture and Technology
Published October 19, 2022
Grand Farm broke ground for its new permanent site just outside of Casselton, North Dakota. Former North Dakota governor and U.S. Secretary of Agriculture Ed Schafer was part of the ceremonies. "Grand Farm projects will demonstrate the future of agriculture…LA Adopts Plant-Based Solutions
Published October 19, 2022
The Los Angeles City Council voted unanimously to endorse a plant-based treaty initiative. This movement is asking cities to pressure national governments to end the global deforestation linked to animal agriculture, incentivize a plant-based food system and support a transition…Supply Chain Improvements in ’23
Published October 19, 2022
After significant challenges this past year, Bayer Crop Protection Area Business Manager Troy Sayler expects to see relief for the 2023 growing season. "However, I think because of 2022 it's top of mind for growers," said Sayler. "Traditionally, they've always…Ag and Food Summit Coming to Minneapolis
Published October 19, 2022
The Minnesota Ag and Food Summit will be held Thursday, November 10 in Minneapolis. "We'll kick off with our economic outlook, go to our luncheon program with the distinguished service award and State of the State of Agriculture from the…National Wheat Yield Contest Results Released
Published October 19, 2022
In the dryland spring wheat competition, Matthew Krueger of East Grand Forks received second place and New England, North Dakota farmer Jon Wert was third. Jordan Christman of Hettinger had the highest yield percentage increase over the county average. Doug…New Ownership for Sunrich
Published October 19, 2022
A private investment firm, Pacific Avenue Capital Partners, has acquired the Sunrich sunflower and roasted snack division of SunOpta. Sunrich General Manager Kent Johnson will become the new CEO. The company is based in Crookston.Rob-See-Co Announces Acquisition
Published October 19, 2022
Nebraska-based Rob-See-Co has purchased another independent seed company called Federal Hybrids. Federal Hybrids is a regional seed company based in Iowa. With the acquisition, Rob-See-Co becomes the 14th largest seed company in the United States.