News
CoBank: U.S. Economy Gathers Momentum
Published April 12, 2021
In its quarterly report, CoBank said grain markets are being driven by strong demand and tight stocks. Fertilizer prices rose more than 40 percent in the first quarter and are 96 percent above the lows seen in May of last…Support Advocated for Traditional Infrastructure Projects
Published April 11, 2021
There’s broad support for infrastructure improvements on Capital Hill. However, the $2.25 trillion price tag for the White House bill is not welcomed by all. Minnesota Eighth District Congressman Pete Stauber says this legislation should focus on core infrastructure projects.…Friedlander Moves to Public Affairs Consulting Business
Published April 10, 2021
Liz Friedlander is now with Finsbury Glover Hering, leading its food team within the strategic communications division. Most recently, Friedlander was the policy communications director for the National Corn Growers Association.Renewable Energy Credits and COVID Influence CHS Financials
Published April 9, 2021
CHS President and CEO Jay Debertin says the entire energy segment is feeling the impacts of the pandemic. "This negatively impacted energy returns. In addition, we had high costs associated with complying with the Renewable Fuel Standard. Renewable fuels credits…MN Omnibus Ag Finance Bill Moves to Conference Committee
Published April 9, 2021
The Minnesota House Agriculture Finance and Policy Committee moved the omnibus agriculture finance bill out of committee on Friday. Now, both the House and Senate’s version of the omnibus ag finance bills will be reviewed in conference committee. Minnesota Agriculture…Worst North Dakota Drought in 11 Years
Published April 9, 2021
Despite the rain and snow, the extreme and severe drought conditions will linger in North Dakota. "The recent moisture events are only a bump in the road," said Adnan Akyuz, state climatologist, North Dakota State University. "The precipitation needs to…Cautious Optimism for Ethanol
Published April 9, 2021
American Coalition for Ethanol CEO Brian Jennings says domestic ethanol demand is starting to pick up as more people are driving. "There are many reasons to be optimistic, but we are cautious as we work our way out of the…The Value of Local Soybean Crush
Published April 9, 2021
The AGP crush plant in Aberdeen, South Dakota is showing its value. A combination of strong domestic soybean crush and prevent plant acres has soybean basis at zero in northern South Dakota, unusual for this time of the year. AGP…Smaller Supplies, Steady Demand Strengthens SD Soybean Basis
Published April 9, 2021
Soybean basis at Agtegra in northern South Dakota is at par with the futures contracts for April, May and June delivery. BOLT Marketing market analyst DuWayne Bosse says a combination of prevent plant acres and the AGP crush plant depleted…