Ag Business Articles
Record Freight Rates
Published October 14, 2022
Barge freight rates are at record highs due to the ongoing low water levels on the Lower Mississippi River. For the week of October 4, the average barge tariffs were 2,000 percent of their underlying benchmark rate. That’s 50 percent…Dairy Industry Seeks Better Ocean Freight Service
Published October 14, 2022
Federal Maritime Commission Chairman Daniel Maffei sat down with representatives of the U.S. Dairy Export Council and National Milk Producers Federation to discuss supply chain issues. The dairy groups emphasized the continuing problems with high costs, unreliable scheduling and the…Consumer Misconceptions
Published October 14, 2022
While 98 percent of U.S. farms are family-owned and operated businesses, most Americans believe less than half of the farms are family farms. A survey of 1,000 adults nationwide was conducted by Land O’Lakes. This research found 87 percent of…Soybean Checkoff Invests in PNW Terminal Project
Published October 14, 2022
The United Soybean Board is investing $400,000 in research, analysis and design costs for an expansion at the Port of Gray’s Harbor in the Pacific Northwest. The North Dakota and South Dakota soybean checkoff councils have also invested in this…Inflation Accelerates
Published October 14, 2022
The September Consumer Price Index rose 8.2 percent. That's down from 8.3 percent in August, but above trade expectations. The food-at-home index increased 13 percent over the past year. The index for cereals and bakery goods was up more than…From Bayer to Pivot Bio
Published October 14, 2022
Lisa Safarian is the new president and chief operating officer of Pivot Bio. Safarian has been the president of the Bayer CropScience North American division.Findlay Moves to Rabo AgriFinance
Published October 14, 2022
Ryan Findlay is the new regional lead for business development for carbon banking at Rabo AgriFinance. For the past two years, Findlay ran his own consulting business. Previously, Findlay was CEO of the American Soybean Association.FBN Releases First Fertilizer Report
Published October 13, 2022
Farmers Business Network released its first Fertilizer Price Transparency Report, that examines how fertilizer prices will impact farmers’ application rates this fall. The report shows- widespread fertilizer price variation across regions with nitrogen fertilizers costing about twice as much as…NCI to Host Everything Ethanol Webinar
Published October 13, 2022
The Northern Crops Institute is hosting the second webinar in its newest series, Everything Ethanol, on Wednesday at 10 AM. Dr. Steffen Mueller, principal economist, Energy Resources Center, will be presenting on GHG and emissions reductions from U.S. produced corn…