Ag Business Articles
MacDon Group President to Retire
Published January 15, 2021
MacDon Group President Ken Ross will retire effective March 31. Ross joined the farm equipment company 14 years ago. Kurt Buehler will assume the position of group vice president for MacDon. Buehler has been with the company since 2008. Most…Strong Auction Demand for Land
Published January 15, 2021
There has been an uptick in farmland sales by auction. HiBid Manager Kris Kennedy says the auction method of marketing is a way to get the highest value. "It's the purest form of capitalism," said Kennedy. "There is no shortage…Anti-Competitive Practices Alleged
Published January 15, 2021
A lawsuit has been filed in federal court claiming crop input companies, wholesalers and retailers were involved in anti-competitive practices. Fourteen defendants are named in this litigation, including Bayer Crop Science, Corteva, Syngenta, BASF, Cargill, CHS, Simplot and more. The…Risks Remain, But Farm Economy is Improving
Published January 15, 2021
According to CoBank’s quarterly report on the ag sector, the economic outlook has improved, but significant risks still remain. Since August, corn and soybean prices have risen more than 60 percent and wheat prices are up 30 percent. Farm retailers…Grain Glitch
Published January 15, 2021
The Internal Revenue Service has issued its final rule on the so-called ‘grain glitch.’ This deals with the way farm income from co-ops are handled for taxes. National Council of Farmer Cooperatives President Chuck Conner says the IRS is ignoring…MFU Adds Hoffman to Its Staff
Published January 15, 2021
The Minnesota Farmers Union has hired Kyle Hoffman as its new membership and outreach organizer for northwest Minnesota. Most recently, Hoffman was a community development planner for the Region Nine Development Commission. Previously, Hoffman worked on the Dan Feehan congressional…USDA and USTR Appoint Ag Trade Advisors
Published January 14, 2021
CropLife America CEO Chris Novak, U.S. Soybean Export Council CEO Jim Sutter and National Cattlemen’s Beef Association CEO Collin Woodall are just three agriculture industry leaders appointed to serve on the next Agricultural Policy Advisory Committee. USDA and the Office…Rowe Highlights Importance of Skill-Based Jobs at AFBF Convention
Published January 14, 2021
The final American Farm Bureau Federation convention session featured keynote speaker and television host Mike Rowe. Rowe discussed the importance of skill-based jobs and technical careers. "Part of what I think is starting to happen now is that we're realizing…An Exit From Sugar Joint Venture
Published January 14, 2021
Cargill is reportedly negotiating to sell its 50 percent share in its sugar trading joint venture with the Brazilian company Copersucar. Copersucar will own the entire business. This joint venture is the world’s largest sugar trader, moving more than 10…