Latest News Articles
MFBF Update
Published January 26, 2021
Minnesota now has three representatives on the House Agriculture Committee. According to Minnesota Farm Bureau Federation President Kevin Paap, this is good news for the state's farmers and ranchers. Hear more in the latest MFBF Update.New Study Highlights Climate Benefits of Corn Ethanol
Published January 26, 2021
A new study highlights the greenhouse gas reduction benefits of corn ethanol. Scientists from Harvard, Tufts University and Environmental Health and Engineering Inc., published a report looking at ethanol’s carbon footprint, noting the benefits are undervalued, because too many regulatory…MDA Budget Proposal Focuses on Biofuels, Meat Processing and Conservation
Published January 26, 2021
The Minnesota Agriculture Department’s budget proposal has a three-percent increase from the previous biennium. With the additional funds, Minnesota Ag Commissioner Thom Petersen says the department wants to build on two areas, starting with a $4 million investment in E15…Walz Proposes 2022 – 2023 Biennium Budget
Published January 26, 2021
Minnesota Governor Tim Walz released a $52 billion budget proposal for the 2022 – 2023 biennium. The proposal would raise taxes for corporations and the wealthy. It emphasizes small business support in COVID and provides an increase in the general…Not Much Demand Rationing Yet
Published January 26, 2021
Demand for U.S. commodities remains strong. Martinson Ag Risk Management President Randy Martinson says we have not seen much demand rationing. "Even before the market dropped one dollar last week in the soybeans, we were still seeing aggressive sales. We…ADM Reports Higher 4Q Income
Published January 26, 2021
Archer Daniels Midland is reporting quarterly net income of $687 million. That compares to $504 million one year ago. Strong export volume, especially with China, was positive news for the ag services and oilseeds division. Tight soybean supplies also resulted…Positive Cash Flow
Published January 26, 2021
A year ago, commodity markets were stagnant and many farmers still had corn standing. AgCentric Executive Director Keith Olander says the situation is entirely different this year. Farm income has been given a boost from better markets and government payments.…Unfair Trade Policies Won’t be Tolerated
Published January 26, 2021
The incoming Commerce Secretary plans to take an aggressive stance against China’s trade practices. Secretary-nominee Gina Raimondo testified before the Senate Commerce Committee, saying the Biden Administration will take a hard line against unfair trade practices. The Commerce Department helps…ND House Approves Grain Inspection Bill
Published January 26, 2021
A grain inspection bill has passed in the North Dakota House. This bill includes financial standards and licensing rules for grain buyers and ag processors. This bill will move to the Senate after crossover.