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Global Grain Supplies Mostly Lower in April USDA Report
Published April 9, 2021
USDA reduced global wheat supplies by a half-million tons in the April Supply and Demand report, mostly on increased feed and residual use for China. World corn ending stocks are forecast at 283.9 million tons, down 1.3 percent from the…April WASDE Report Friendly for Corn, Neutral for Soybeans
Published April 9, 2021
USDA’s April WASDE report was considered friendly for corn and neutral to bearish for soybeans. Global Commodity Analytics and Consulting President Mike Zuzolo says the spread action between corn and soybeans makes sense. "The wheat and corn look extremely strong…Well Grounded Hits the Podcast Market
Published April 9, 2021
Acres and Shares and the Red River Farm Network have launched the Well Grounded podcast. The monthly podcast is hosted by Jayson Menke and Randy Koenen, who interview experts from the world of agriculture and real estate, discussing farmland values,…U.S. Raises Wheat Ending Stocks, Lowers Corn Ending Stocks
Published April 9, 2021
In the April WASDE report, the USDA raised U.S. wheat ending stocks to 852 million bushels primarily on a 10 million bushel reduction in imports. USDA kept wheat exports unchanged and reduced feed and residual use. USDA lowered U.S. corn…Fresh Potato Import Ban May Require USMCA Dispute Resolution
Published April 9, 2021
National Potato Council CEO Kam Quarles does not think it is a coincidence the Mexican Supreme Court declined to put the cases up for consideration on Wednesday. "What's going on here is highly unusual and politics are at play." Quarles…Governor Burgum Declares Statewide Drought Disaster
Published April 8, 2021
North Dakota Governor Doug Burgum declared a statewide drought disaster for North Dakota on Thursday. According to the latest U.S. Drought Monitor, more than 70 percent of North Dakota is in extreme drought. In the disaster declaration, Burgum ordered appropriate…Governor Walz Rallies for Biofuel Infrastructure Grant Program
Published April 8, 2021
As Minnesota lawmakers put together the state budget, Minnesota Governor Tim Walz is trying to rally support to fund a biofuels infrastructure grant program. The governor’s proposal would provide $2 million each year to allow increased access to ethanol and…Sugarbeet Growers Expected to ‘Hit Planting Hard’
Published April 8, 2021
American Crystal Sugar Company General Agronomist Joe Hastings expects sugarbeet growers to hit it hard this week. "Planting is the most important part to get a good start to the crop. Yes, conditions are drier than we want them to…Drought Conditions Expand in the Dakotas
Published April 8, 2021
The latest U.S. Drought Monitor says extreme drought now covers more than 70 percent of North Dakota, covering the west, central and northeast portions of the state. The rest of North Dakota is in moderate to severe drought. All of…