Markets Articles
Record Year for MN and Unleaded 88
Published March 18, 2024
A record 127.5 million gallons of Unleaded 88 were sold in Minnesota this past year. The new report from the Minnesota Commerce Department shows the 15 percent ethanol blends were up nearly 21 percent from 2022. According to the Minnesota…Sugar TRQ Increases
Published March 18, 2024
USDA’s decision to increase the tariff rate quota for imported sugar is a concern for sugarbeet and sugarcane producers. According to a report from The Hagstrom Report, the American Sugar Alliance is worried this action will set a precedent giving…Record Crush
Published March 17, 2024
The National Oilseed Processors Association soybean crush was at a record high in February. At 186.1 million bushels, the crush was 8 million bushels higher than trade expectations. The February total was even higher than January, which included two more…Beet Stock Values
Published March 16, 2024
According to Acres & Shares broker Jayson Menke, there were no ACSC beet stock brokered sales last week. Is the trading season over? Menke said it’s hard to know. “The earliest we’ve ever been done trading shares was March 16.…MN Soybean Checkoff Sees Unique Opportunity in Uzbekistan
Published March 16, 2024
The Minnesota Soybean Research and Promotion Council hosted a second trade trip to Uzbekistan to continue promoting Minnesota soybeans in overseas markets. "They're currently using about 300, 000 metric tons of soybean meal in the country, but they should be…GOP Lawmakers Press White House to Address Ag Trade
Published March 15, 2024
Over 20 Senate Republicans have sent a joint letter to Agriculture Secretary Tom Vilsack and U.S. Trade Representative Katherine Tai voicing concern about the sharp decline in ag exports. The letter said, “while the Biden Administration continually refuses to pursue…March CONAB Forecast Released
Published March 15, 2024
The Brazilian crop supply agency, CONAB, lowered corn and soybean production in its March report. Soybean production is pegged at 146.9 million metric tons, down from the February estimate of 149.4 million tonnes. Corn production is estimated at 112.7 million…Waubun, MN Meat Processor Could Be Opperational June 2024
Published March 14, 2024
Waubun, Minnesota Beef Producer Paul Benson says a new processing facility in his local community could be up and running as early as June. The idea for this facility was formed back in 2017. “My friend Doyle Turner and I…Supporting Local Meat Processors
Published March 14, 2024
Advancing programming to help local meat processors has been a focus for the Minnesota Farmers Union. Intermediary loans are now available through a USDA Rural Development grant program. The first of those loans is expected to be approved by the…