Ag Business Articles
Weighing the Tax Incentives for ND Soybean Processing Project
Published February 23, 2022
The Cass County Commission tabled a vote on tax exemptions for the proposed North Dakota Soybean Processors project at Casselton. The current proposal would provide 15 years of tax breaks, but people testifying said a five-or-10 year period would be…Corn Wet Milling Project Moves Forward
Published February 23, 2022
The Grand Forks City Council has approved early engineering work for the proposed corn wet milling plant. On March 7, the city will consider tax incentives for the Fufeng Group project. Studies will also be done to consider traffic and…Dry Bean Scene
Published February 22, 2022
Dry bean exports are down from the explosive sales seen one year ago. In the Dry Bean Scene, U.S. Dry Bean Council Executive Director Rebecca Bratter says sales are expected to pick up in key export markets but will not…ND Mill 2Q Revenues Down from Last Year’s Big Number
Published February 22, 2022
The North Dakota Mill finished the second quarter with profits of $3.3 million. That’s down from $4.5 million one year ago. As the country comes out of the pandemic General Manager Vance Taylor said flour inventories are building at the…License Requirement Changes Sought for MN Grain Buyers
Published February 22, 2022
The Minnesota House Agriculture Committee is considering a bill to modify grain buyer license requirements. Representative Paul Anderson says his proposal deals with the dollar amount that triggers an audit for grain elevators and feed mills. "The numbers were last…Price Fixing Case in Court
Published February 22, 2022
Ten former executives from the biggest U.S. poultry companies are back in court, facing allegations of price-fixing. Jurors were unable to reach a verdict in December and the case ended in a mistrial. The Justice Department claims the meat companies…Rural Mainstreet Index Boosted by Commodity Prices
Published February 22, 2022
The Creighton University Rural Mainstreet Index rose a fraction of one percent from January-to-February. The monthly survey of bank CEO’s in rural areas of Minnesota, North Dakota, South Dakota and seven other states points to strong commodity prices and low…Sabolik and Blacker Added to Ten Acre Marketing Team
Published February 22, 2022
Ten Acre Marketing has expanded its marketing agency with the hiring of Danna Sabolik and Gabrielle Blacker as account coordinators. Previously, Sabolik worked for the Northarvest Bean Growers Association and DairyStar. Blacker most recently let the creative transition of United…ND Ready for Ag Processing
Published February 22, 2022
North Dakota is uniquely positioned to take advantage of new agricultural processing opportunities. Charles Mueller is the finance lead for ADM’s new soybean crush project at Spiritwood and made that point during the Northern Corn and Soybean Expo. "Part of…