Markets Articles
Farmland Values Hold Firm
Published August 7, 2023
According to a new report from USDA, Minnesota farmland values are averaging $6,820 per acre, up seven percent from last year. Farm real estate values in South Dakota is averaging $2,920 per acre, up 12 percent. In North Dakota, farmland…What’s Hot, What’s Not in the Markets
Published August 7, 2023
The cattle market continues to deliver bullish results to the marketplace. In this week's edition of What's Hot, What's Not in the Markets, Martinson Ag Risk Management President Randy Martinson says wheat is focused on harvest and the escalation of…USB Invests in New Products
Published August 7, 2023
The United Soybean Board continues to look for new uses for products made from soybeans. USB director Lawrence Sukalski, who farms at Fairmont, Minnesota, says the projects include heating oil. “More and more states are making mandates for five and…Mexico Defends GMO Corn Ban
Published August 4, 2023
Mexican Deputy Agriculture Minister Victor Suarez claims the United States is refusing to conduct joint scientific research about biotech corn. The U.S. maintains Mexico’s position is not based in science. Suarez disagrees and told Reuters Mexico is prepared to defend…Russian Grain Shipments at Risk
Published August 4, 2023
The war between Russia and Ukraine is escalating. Russia hit portions of eastern Ukraine with an onslaught of missiles and drones Sunday. That was in retaliation for Ukraine's two drone attacks in the Russian port at Novorossiysk. This Black Sea…Dairy Disaster
Published August 3, 2023
A handful of dairy leaders testified during the farm bill listening session at Farmfest, Ron Behounek, who farms with his sons at Hayfield, Minnesota, described the current dairy program as a disaster. "In 2022 we were paid $22.23 per hundredweight; our…Grand Opening Scheduled for Ag Innovation Campus
Published August 3, 2023
On September 14th, a bus will leave from the Big Iron Farm Show and end up at the Ag Innovation Campus at Crookston. Ag Management Solutions CEO Tom Slunecka says the tour will highlight phase one of the project. "All the…New Carbon Sequestration Options
Published August 2, 2023
Agoro Carbon is now accepting farmers willing to incorporate legumes into cover crop mix the opportunity to join the Agoro Carbon Alliance. This is available to those already using cover crop strategies and will receive payments for sequestering carbon for…Volatile Markets Have Become the Norm
Published August 2, 2023
The market has made wide swings with every potential weather event. "The Cornbelt is dry," said Rob Fronning, Vice President of Insurance and Commodity Marketing, AgCountry Farm Credit Services. "With hit-and-miss showers, there's spots that get rain and they'll have…