Ag Business Articles
Schiefelbein Honored at Ag and Food Summit
Published November 10, 2023
Don Schiefelbein, who is a partner in Schiefelbein Farms at Kimball, received the Minnesota AgriGrowth Council’s Distinguished Service Award. Schiefelbein Farms is the largest seedstock cattle operation in Minnesota and one of the largest in the nation. Schiefelbein spoke about…CHS Achieves Record Net Income for FY2023
Published November 8, 2023
CHS finished the fiscal year with net income of $1.9 billion, up from $1.7 billion for FY2022. This is the highest earnings in the history of the nation’s largest cooperative. As a result, CHS intends to return $730 million in…Consumers and Farmers Weigh in on Ag Issues
Published November 8, 2023
There are wide gaps in perceptions between farmers and consumers. That’s according to a survey conducted this past spring by Nutrien. The largest divide between farmers and consumers is in environmental stewardship. When asked if farmers use more chemicals than…California’s Glyphosate Warning Label Blocked
Published November 8, 2023
The Ninth Circuit Court of Appeals in San Francisco upheld a permanent injunction, finding it unconstitutional to force Bayer and other ag companies to include a warning label for glyphosate. California’s warning label would link the use of glyphosate to…Structural Changes Coming for Bayer
Published November 8, 2023
Bayer’s new chief executive officer, Bill Anderson, is considering structural changes for the company. That could include separating the agriculture business from Bayer’s pharmaceutical and consumer health business. Anderson also plans to streamline operations by eliminating several layers of management.…MN, CA, TN and NC Join Agri Stats Lawsuit
Published November 8, 2023
Minnesota Attorney General Keith Ellison and three other AGs have joined a federal lawsuit against Agri Stats. The Justice Department claims Agri Stats knowingly produces benchmarking data that helped meat processors artificially control supplies and prices. Ellison described that as…House Task Force Seeks Reform for H-2A Program
Published November 8, 2023
A House Agriculture Committee task force is recommending changes to the H-2A visa program. Their interim report cites a rule implemented by the Labor Department in January that increased the minimum wage rates for these foreign workers. Nearly 80 percent…Evaluating the Risk of Feral Pigs in MN
Published November 8, 2023
The Minnesota DNR is working with the Department of Health, the Department of Agriculture and the Board of Animal Health to review the threat of feral pigs near the U.S.-Canadian border. The public will be able to provide input in…CNH 3Q Financials Released
Published November 8, 2023
CNH Industrial reports quarterly net income of $570 million, up from $559 million in the same quarter in 2022. Record margins were seen in the company’s agriculture business segment. CNH also announced a restructuring plan which will include a five…