Latest News Articles
Basis Bids Vary Across Northern Plains
Published November 2, 2021
In the last week, spring wheat basis bids widened by five cents at the six regional grain elevators followed by the Red River Farm network. Spring wheat basis ranges from 30 to 75 cents under the March Minneapolis futures contract.…Corn Comments
Published November 2, 2021
Continuing education is extremely important for farmers and ranchers. The South Dakota Corn Growers Association is hosting several GrowingOn events between now and the end of the year. Find your local event and hear more in this week's Corn Comments.Minnesota Wheat Minute
Published November 2, 2021
This week's Minnesota Wheat Minute features an update from the National Wheat Foundation. Hear more from board member Scott Swenson in this update.Well Grounded – Episode 8
Published November 2, 2021
This has been a better year for net farm income. MinnStar Bank Farm Management Analyst and Vice President Kent Thiesse says the latest USDA projection has net farm income at $113 billion. Of that, $85 billion is coming from crop…Government Spending Spree Described as “a Serious Problem”
Published November 2, 2021
The Build Back Better plan remains in flux with concerns over costs and policy changes. Russell Group President Randy Russell said Senate Agriculture Committee Chair Debbie Stabenow was able to protect the funding for climate-smart agricultural practices. The tax language…Biden Takes Climate Change Message to UN Conference
Published November 2, 2021
President Joe Biden took the world stage this past week, promoting a strategy to deal with climate change. Speaking at the United Nations Climate Change Conference in Glasgow, Scotland, Biden said climate change is costing trillions of dollars due to."record…USDA Provides $1.8 Billion in ARC and PLC Payments
Published November 2, 2021
USDA is in the process of issuing payments to farmers enrolled in the Agriculture Risk Coverage and Price Loss Coverage programs for the 2020 crop year. A total of $1.8 billion will be going out to offset unstable markets. For…Wheat Prices Continue to Climb Higher
Published November 1, 2021
The tight global supplies of high protein wheat are pushing grain prices higher. CHS Hedging market analyst Kent Beadle says there's concern about millers and bakers finding enough. "There isn't enough high quality wheat in the world right now with…MN Gets Much Needed Soil Moisture Recharge
Published November 1, 2021
Elbow Lake, Minnesota area farmers are wrapping up fall harvest. Scott Swenson finished last week. "It's wet now; we've had good rains lately. There's not much corn left standing in the area, but farmers will get it soon." Swenson is…