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Small Business Loans are Now Available
Published April 6, 2020
Small business loans are now available to help get through the coronavirus. "The maximum loan you can get is the lesser of 2.5 times the average monthly payroll cost or $10 million," said Ron Haugen, farm management specialist, NDSU Extension.…Big Feeder Cattle Numbers in a Down Market
Published April 6, 2020
A snowstorm and the collapse in the markets last week resulted in the rescheduling of the feeder cattle sale at Herried Livestock Auction. The sale will now take place tomorrow. "There are quite a few cattle that need to be…Potato Processing Decline will Impact Local Acreage
Published April 6, 2020
According to Pingree, North Dakota farmer Matt VanRay, potato acres for processing are a big unknown this year. VanRay grows russet potatoes for Cavendish Farms. "We're uncertain on future demand for frozen potato products due to the coronavirus," explains VanRay.…Potato Growers Outline COVID-19 Aid Needs
Published April 6, 2020
In Friday’s roundtable discussion with the USDA, Northern Plains Potato Growers Association President Donavon Johnson said the potato processing industry is being impacted by the coronavirus. "I've talked to local growers and they're expecting somewhere in a 10 to 20…Local Ag Groups Give Coronavirus Aid Feedback to USDA
Published April 6, 2020
The U.S. Department of Agriculture is getting feedback from local ag groups on how to develop coronavirus aid using $9.5 billion from the recent stimulus package. According to North Dakota Stockmen’s Association Executive Director Julie Ellingson, the program needs to…What’s Hot, What’s Not in the Markets
Published April 6, 2020
Stock markets are starting the week on the upside. In this edition of What's Hot, What's Not in the Markets, Advance Trading risk management advisor Tommy Grisafi also outlines the challenges seen in the grain and livestock markets.Geared Up for 2020 Growing Season
Published April 6, 2020
Approximately 80 percent of the crop protection products needed for this growing season are already in place. CHS Senior Vice President of Agronomy Gary Halvorson says the logistical issues surrounding nitrogen fertilizer is another story. In addition to coronavirus, a…Senators Ask USDA for Extended Loan Flexibility
Published April 6, 2020
A bipartisan group of Senators including Minnesota Senator Amy Klobuchar, South Dakota Senator John Thune and North Dakota Senator Kevin Cramer sent a letter to Agriculture Secretary Sonny Perdue on Friday. The Senators asked the USDA to extend farm loan…Rural Perspectives
Published April 6, 2020
This past week USDA released a Quarterly Grain Stocks report, as well as the March Prospective Plantings report. AgCountry Farm Credit Services marketing education specialist Katie Tangen breaks down those reports in the latest Rural Perspectives podcast. Take a listen…