Ag Business Articles
Bioindustry Summit to be Held This Week
Published May 8, 2018
The 2018 Bioindustry Summit is set for Wednesday on the North Dakota State University campus. Topics will include efficiency gains in corn ethanol production, soybean-based biodiesel and market development, as well as updates on federal biofuel policy and trade. NDSU…Mitsui & Co to Close Brazilian Commodity Business
Published May 8, 2018
The Japanese trading firm, Mitsui & Company, plans to close its Multigrain business unit in Brazil by the end of the year. Mitsui was a part of a joint venture with CHS before acquiring 100 percent ownership in Multigrain for…Costs Expected to Rise for Tyson Foods
Published May 8, 2018
Tyson Foods reports a second quarter profit of $315 million. That’s down from $340 million last year. Sales for the food company increased nearly eight percent, but that was below the expectations of most analysts. Tyson officials said costs will…A Positive Financial Report for Mosaic
Published May 8, 2018
In the first quarter, Mosaic reports a profit of $42 million. That compares to a net loss of $1 million last year. Higher prices for Mosaic’s phosphate and potash products gave the sales figure a boost, although trade volumes were…1Q Loss for The Andersons
Published May 8, 2018
The Andersons suffered a net loss of $1.7 million in the first quarter. A year ago, the Ohio-based agriculture company had profits of nearly $2 million. The Andersons report better year-over-year results for its grain and ethanol businesses. Income from…U.S. Trade Deficit With China Grows
Published May 8, 2018
China’s trade surplus with the United States grew last month. The trade surplus totaled more than $22 billion in April, up nearly 44 percent from March. Over the first four months of the year, China’s trade surplus with the U.S.…Meyer Named Entrepreneur of the Year
Published May 8, 2018
The co-founder and president of Titan Machinery has been honored as the University of Minnesota Entrepreneur of the Year. David Meyer is a graduate of the Carlson School of Management and founded Titan Machinery in 1980. Titan Machinery is based…Lonetti Joins MN Farm Bureau
Published May 7, 2018
Josie Lonetti is Minnesota Farm Bureau’s new Public Policy Associate Director. Lonetti previously worked as a legislative assistant in the Minnesota Senate and served as a legislative coordinator for Messerli and Kramer. She will start her new role June 4.…ANIMART Centralizes Beef Business in North Central Region
Published May 7, 2018
ANIMART will concentrate its Stockmen's Supply business in Mandan, North Dakota with all services at the West Fargo location transitioning to Mandan by June 30. Tammy Johnson, DVM, will continue to operate in West Fargo and provide companion animal veterinary…