Top Stories Articles
Crude Prices Reach Ten-Month High
Published September 15, 2023
Crude oil prices have topped $90 per barrel, which is a ten-month high. Advance Trading Risk Management Advisor Tommy Grisafi said there is some positive news for the farmer with the high energy prices. "For the average consumer, it stinks,"…More Competition for Soybeans
Published September 15, 2023
The new soybean crush plant at Spiritwood will begin processing soybeans on Wednesday. Kristi Van Ahn, who is with Van Ahn and Company, was part of a market outlook panel discussion at the Big Iron Farm Show. Van Ahn said…Prairie Farms Stops Processing Milk at Bismarck
Published September 14, 2023
Bismarck-based Prairie Farms shut down its milk bottling facility and has transitioned to a distribution-only facility. The Milk Producers Association of North Dakota released a statement, saying “the announcement came as a complete surprise and shocked everybody in the dairy…Corn Ending Stocks Up in September Report
Published September 13, 2023
USDA increased its corn production estimate and 2023/2024 corn ending stocks in its supply/demand report. Corn production is forecast at 15.1 billion bushels with an average yield of 173.8 bushels per acre. Last month, average yields were estimated at 175.1…RRFN Forum: Ag Law and Taxes
Published September 12, 2023
A myriad of legal issues have faced agriculture in recent years, including Supreme Court decisions on WOTUS and Proposition 12. An ever-changing tax code is also the norm. Roger McEowen, professor of agricultural law and taxation, Washburn University School of…‘Not One Big Globalized World Any Longer’
Published September 11, 2023
In recent memory, the United States was the one dominant power in the world. Before that, it was the U.S. and Russia. Geopolitical risk analyst Jacob Shapiro kicked off the Next 5 Years Conference by saying we are now in…Profits Up for ND Mill
Published September 11, 2023
The North Dakota Mill finished the fiscal year with $17.2 million in profits. That’s up from $14.6 million one year ago. Sales totaled $532 million, up from $473 million in fiscal year 2022. Ninety-two percent of total shipments were spring…Relationships Nurtured Through NASDA
Published September 10, 2023
The National Association of State Departments of Agriculture is meeting in Cheyenne, Wyoming for its annual meeting. Minnesota Agriculture Commissioner Thom Petersen is wrapping up his time as president of the Midwestern regional association. Petersen sees value in the relationships…Farm Income Takes a Hit
Published September 8, 2023
USDA is forecasting the biggest-ever drop in net farm income. U.S. farm income is expected to total $141 billion this year, down $42 billion from last year. Farm income at the farm level is down 20 percent nationally and down…