Top Stories Articles
What’s Hot, What’s Not in the Markets
Published May 3, 2022
Planting delays have helped push wheat futures higher. In this edition of What's Hot, What's Not in the Markets, Randy Martinson of Martinson Ag Risk Management also discusses the soybean oil market. Indonesia's on-again, off-again palm oil decisions has kept…Casselton City Council Approves Crush Plant
Published May 3, 2022
The North Dakota Soybean Processors plant has a thumbs up from the Casselton City Council. Construction on the $400 million soybean crush plant is expected to begin this summer. This project is a joint venture between Minnesota Soybean Processors and…The Bull Pen with Tommy Grisafi
Published May 2, 2022
Grain markets are lower to start the week, but trend is still bullish. Advance Trading Risk Management Advisor Tommy Grisafi says the market needs bushels. "Two years ago, corn was in the lower $3 money and going to $2 with…Farm State Lawmakers Need to Educate Urban Colleagues
Published May 2, 2022
The 2023 Farm Bill is expected to be evolutionary, not revolutionary. South Dakota Representative Dusty Johnson does not anticipate many new concepts, but there is an interest in addressing crop reference prices and developing a better safety net for cattle…Interest Rate Bump Anticipated
Published May 2, 2022
The Federal Reserve Board of Governors will meet tomorrow and Wednesday. The Fed is expected to announce a half-point interest rate increase, which would be the largest interest rate increase in 22 years.Michigan Hosts First Farm Bill Field Hearing
Published May 1, 2022
During the Senate Agriculture Committee’s first farm bill field hearing, Chair Debbie Stabenow asked questions centered around climate change and possible updates to crop insurance. Juliette King McAvoy, vice president of sales, King Orchards responded, saying she couldn't imagine trying…Biden Administration Wants Food Production Increase
Published April 29, 2022
The White House is seeking $33 billion to support Ukraine. To reduce the impact on global food supplies, the plan includes incentives for U.S. farmers to increase production of certain food crops. There’s $400 million for a two-year bump in…Wheels of Justice Moving Slow
Published April 28, 2022
After a similar hearing Tuesday in the Senate, ranchers and packers testified Wednesday before the House Agriculture Committee about competition in the cattle market. Committee Chairman David Scott cited allegations made in 2015 that the four major beef packers conspired…Vilsack Coming to UMC
Published April 27, 2022
Agriculture Secretary Tom Vilsack will deliver the commencement address in-person at the University of Minnesota Crookston on Saturday, May 7. School officials said Vilsack’s decision to speak to the class of 2022 reflects the growing profile of UMC.