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The Perfect Storm

Published Today

The combination of low sugar prices and high input costs squeezes farm income for beet growers. Red River Valley Sugarbeet Growers Association President Darren Hoyme says growers are also facing high costs for fuel, fertilizer and pesticides. "It makes for…

Clarity Sought in China’s 25 MMT Soybean Commitment

Published Today

North Dakota soybean growers want more details on China's pledge to buy 25 million metric tons of U.S. soybeans. “The 25 million metric ton guarantee is a step in the right direction,” said Brent Kohls, a North Dakota Soybean Growers…

Heat, Drought Take Toll on South Dakota Cattle

Published Today

South Dakota cattle producers are balancing strong cattle prices with heat, drought and tight feed supplies. South Dakota Cattlemen's Association President Craig Bieber says livestock were lost during recent extreme heat. “We had producers that had heavy cattle that were in tough…

Crops Ahead of the Normal Pace

Published Today

Hot and dry conditions are pushing crops ahead of normal across eastern North Dakota and northwest Minnesota. BASF Technical Service Representative Ken Diebert said the season is progressing rapidly. The early harvest of small grains is an indicator of the…

Canada Updates S/D Numbers

Published Today

The Canadian canola carryout will be tighter than expected. Agriculture and Agri-Food Canada forecasts the new crop carryout at 1.5 million tons. That’s half of what was projected a month ago. Canola production north of the border is estimated at…

STB Review Resumes for UP-Norfolk Southern Merger

Published Yesterday

The Surface Transportation Board has reopened its review of the proposed merger between the Union Pacific and Norfolk Southern railroads. The review process was suspended earlier this year when the STB asked for additional information from both railroad companies. The…

Short Line Railroad Shut Down Due to Washouts

Published Yesterday

The Sisseton Milbank Railroad has been out of service this month due to the heavy rains that hit northeastern South Dakota in late July. The 37-mile short line experienced washouts, forcing the shutdown.

Damage to Black Sea Ports and Ships Impacting Grain Sales

Published Yesterday

Global grain sales are taking a hit as attacks on Russian and Ukrainian ships and infrastructure intensify. In the past five weeks, global grain shipments are down eight percent year-over-year. That’s driven by a 26 percent year-over-year decline in grain…

Deere: The Bottom of the Farm Equipment Cycle

Published Yesterday

Deere & Company finished the third quarter with net income of $1.3 billion, up from $1.2 billion in the same period last year. In a statement, John Deere CEO John May said this year will mark the bottom of the…

An Interest Rate Hike in September?

Published Yesterday

The Federal Open Market Committee may be open to raising interest rates. Minutes from the Fed’s July meeting show many officials said a rate hike may be needed if inflation does not come down. The Fed kept its key rate…

The Perfect Storm

Clarity Sought in China’s 25 MMT Soybean Commitment

Heat, Drought Take Toll on South Dakota Cattle

Crops Ahead of the Normal Pace

Canada Updates S/D Numbers

STB Review Resumes for UP-Norfolk Southern Merger

Short Line Railroad Shut Down Due to Washouts

Damage to Black Sea Ports and Ships Impacting Grain Sales

Deere: The Bottom of the Farm Equipment Cycle

An Interest Rate Hike in September?

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