Latest News Articles
Improvement in Farmer Sentiment Carries into 2023
Published February 7, 2023
Following a sharp increase to close out 2022, the Purdue University/CME Group Ag Economy Barometer had only a modest increase in January. While optimism about the future improved slightly, most of the farmers responding to the telephone survey said margins…Marijuana Bill Approved in MN Senate Ag Committee
Published February 7, 2023
The Minnesota Senate Agriculture Committee has approved legislation to legalize marijuana on a party-line vote. Assistant Majority Leader Erin Murphy spoke on behalf of this bill. "This proposal creates a new market in Minnesota; one that gives preference to Minnesotans,…Bull Pen Report with Tommy Grisafi, Advance Trading
Published February 7, 2023
Moving into the balance of the year, Advance Trading Risk Management Advisor Tommy Grisafi remains cautiously optimistic. "I'd rather be forward sold this year and owning calls than having a put," said Grisafi. "I'm confident that 'store and ignore' won't…Sugar Reform Sought
Published February 7, 2023
The trade group supported by candy makers and sweetener users is seeking reform to U.S. sugar policy. The Alliance for Fair Sugar Policy sent a letter to Senate Agriculture Committee Chair Debbie Stabenow and Ranking Member John Boozman, saying it…Sidney Sugars to Shutdown
Published February 7, 2023
The Sidney, Montana sugarbeet plant will close this spring. Sidney Sugars is a wholly-owned subsidiary of American Crystal Sugar Company. The decision was made due to the decline in contracted sugarbeet acres in the Sydney, Montana area.Tyson Foods Suffers Significant Quarterly Decline
Published February 7, 2023
Tyson Foods is reporting quarterly profits of $316 million, down from $1.1 billion one year ago. This is the company’s largest year-over-year decline in quarterly net income since 2009.Miller Livestock Suspended
Published February 7, 2023
Due to alleged violations of the USDA Packers and Stockyards Act, Miller Livestock at Mina, South Dakota has been suspended from operation for five years. An investigation by USDA found Miller Livestock failed to pay for livestock transactions totaling $548,000…Petersen Reconfirmed as Ag Commissioner
Published February 6, 2023
The Minnesota Senate reconfirmed Thom Petersen as Agriculture Commissioner today. The vote was unanimous at 63-0. This marks the second term for Petersen who was first appointed in 2019 by Governor Tim Walz.Bateman and Doan Named to ND Hall of Fame
Published February 6, 2023
Nancy Joe Bateman of New Salem, North Dakota, and Jerry Doan of McKenzie, North Dakota will be inducted March 8, 2023 into the North Dakota Agricultural Hall of Fame at the North Dakota Winter Show. Bateman served as the Executive…