News
Hours of Service Restriction Sparks Concern
Published November 11, 2023
North Dakota Governor Doug Burgum is petitioning the Federal Motor Carrier Safety Administration to reconsider its decision to restrict governors’ ability to waive hours-of-service regulations for commercial truck drivers. The FMCSA tightened the maximum waiver from 30 days to 14…Small Quarterly Loss for Corteva
Published November 11, 2023
For the third quarter, Corteva had a net loss of $321 million. In the same quarter last year, there was a loss of $331 million. Overall seed sales rose seven percent, helped by an increase in North American corn sales.…3Q Loss for Mosaic
Published November 11, 2023
The Mosaic Company reports a net loss of $4 million in the third quarter. That compares to net profits of $842 million in the third quarter of 2022. Mosaic officials said the company is well positioned for the second half…Milk Marketing Order Hearing Process to Resume
Published November 11, 2023
Testimony on the pricing formula for Federal Milk Marketing Order reform will resume November 27. The hearings outside of Indianapolis were recessed October 11. This process began in late August. The milk marketing orders have not seen significant reform in…Leveraging AI Technology in Agriculture
Published November 11, 2023
The Senate Agriculture Committee has scheduled a hearing for Tuesday to consider the use of artificial intelligence in agriculture. Academic and technology industry leaders will testify. Dr. Jose-Marie Griffiths, president, Dakota State University, is one of the witnesses. DSU is…Advocating for Tax Credit for Renewable Fuel From Methane
Published November 11, 2023
The National Milk Producers Federation, National Pork Producers Council and the Coalition for Renewable Natural Gas want to see the continuation of a tax credit for renewable natural gas. The RNG tax credit was part of the Inflation Reduction Act…Market Access Sought in WTO Ministerial
Published November 11, 2023
Ahead of next year’s World Trade Organization Ministerial Conference, 30 major U.S. farm organizations have asked the Biden Administration to take a proactive approach to agricultural trade negotiations. In a letter to U.S. Trade Representative Katherine Tai and Agriculture Secretary…Proposed Wastewater Rule Draws Criticism
Published November 11, 2023
The National Pork Producers Council, North American Meat Institute and U.S. Poultry and Egg Association met with representatives of the White House Office of Management and Budget’s Office of Information and Regulatory Affairs to voice concerns over EPA’s proposed wastewater…Beet Stock Values
Published November 11, 2023
According to Acres & Shares broker Jayson Menke, there were three brokered American Crystal Sugar Company beet stock sales last week totaling 80 shares between $5,500 to $5,600 with an average price of $5,518.75 per share.