News
Drought Situation Worsens in South Dakota
Published July 12, 2021
The U.S. Drought Monitor shows an increase in the moderate to extreme drought conditions in South Dakota. Lieutenant Governor Larry Rhoden says most of South Dakota got rain in the last few days, but that rain has little impact. "There…Palmer Amaranth Identified in Southeastern Minnesota
Published July 12, 2021
Palmer amaranth has been confirmed in Goodhue County in southeast Minnesota. The invasive weed was found in two corn fields owned by one farmer. The source of this infestation is not known and the Minnesota Department of Agriculture is continuing…Smith Takes Over CEO Role at Smithfield
Published July 12, 2021
After less than a year on the job, Smithfield Foods CEO Dennis Organ is leaving the company. Shane Smith, who has been serving as the company’s chief strategy officer, assumes the chief executive director job.Trade Rhetoric Cranks Up Between US and China
Published July 12, 2021
The U.S. Commerce Department has announced an economic ban on a new list of Chinese companies due to alleged human rights violations and ties to the military. The Chinese Ministry of Commerce responded over the weekend, calling this unreasonable and…Pioneer Plots Focus on the Enlist System
Published July 12, 2021
It is a big week for Pioneer with its Enlist Executive Plot Tour. Enlist has been on the market for a couple years, but Pioneer field agronomist Kristie Sundeen says farmers are still learning about this system. "Most growers don't…What’s Hot, What’s Not in the Markets
Published July 12, 2021
In this week's edition of What's Hot, What's Not in the Markets, Advance Trading Risk Management Advisor Tommy Grisafi highlights the dramatic moves in the soybean oil, canola and oat markets. The Boots on the Ground Tour is also recapped.Vilsack: USDA’s Plan Addresses Livestock Industry Concerns
Published July 12, 2021
Agriculture Secretary Tom Vilsack said the USDA’s food supply chain resiliency plan is meant to reverse what’s happening in the U.S. livestock industry. "Producers are having to sell their cattle at a loss, only to learn processors end up taking…Bushel Insights Comes to Market
Published July 12, 2021
Bushel has launched a new grain originator analytics tool called Bushel Insights. This tool converts contract, grade factor, scale ticket and cash bid data into intuitive visuals. Information can be filtered by location, grower, timeframe and commodity.Executive Order Includes Rail Sector
Published July 12, 2021
The White House executive order calls for increased competition on rail routes. Competitive switching would allow shippers to request bids from a competing railroad. This rule change would also give shippers a new option to challenge rail rates.