Ag Business Articles
Made in the USA
Published July 2, 2021
The Federal Trade Commission is taking steps to improve its ability to enforce the ‘Made in the USA’ standard. Agriculture Secretary Tom Vilsack praised the move, saying USDA would take “a top to bottom” review of the ‘Product of the…Nufarm Launches Longbow EC
Published July 1, 2021
This product can be used as a broadleaf herbicide and a harvest aid. Longbow EC is labeled for more than 40 crops including corn and soybeans.Due to Drought, Less Bred Heifers Available This Fall
Published July 1, 2021
The cow herd is shrinking in size as farmers and ranchers deal with the drought. Napoleon Livestock co-owner Paul Bitz says a lot of heifers that were raised as replacements have been sold into the feeder cattle market. "There will…New Technology Highlighted at Combine Expo
Published July 1, 2021
A limited number of the 2021 model year John Deere X9 series combines will be placed directly with key customers this year and full production will happen in '22. Early orders will be taken starting in August. True North Equipment…New Officers in Place for Northern Soy Marketing
Published July 1, 2021
Patrick O’Leary of Benson, Minnesota is the new chair for Northern Soy Marketing. Mike McCranie of Claremont, South Dakota was elected vice-chair and Mike Langseth of Barney, North Dakota is the secretary/treasurer. Northern Soy Marketing is made up of grower…Freight Rates Surge Higher
Published July 1, 2021
Ocean freight rates have exploded since the beginning of the year. The rate from the Pacific Northwest to Japan was $43 per metric ton in late June. That’s 76 percent more than at the start of the year and 110…Smithfield Settles Price-Fixing Lawsuit
Published July 1, 2021
Smithfield Foods has agreed to pay $83 million to settle a civil lawsuit that alleged the company was involved in a price fixing scheme for its pork business. Smithfield denies the charges, but said the settlement will reduce its cost…Perdue Faces Allegations
Published July 1, 2021
The Washington Post is reporting former Agriculture Secretary Sonny Perdue’s company got a sweetheart deal from ADM in the weeks leading up to his nomination. ADM sold a non-operational soybean processing facility in South Carolina for $250,000 when it had…Legislation Introduced to Support Biofuels Sector
Published June 30, 2021
Minnesota Senator Amy Klobuchar, South Dakota Senator John Thune and Iowa Senator Joni Ernst are behind a series of bills to support the biofuels industry. These proposals include $1 billion in grants to pay for pumps and storage tanks for…