News
Recession, Input Costs Detailed in New Rabobank Report
Published August 31, 2022
With two consecutive quarters of negative GDP growth, the U.S. economy is in a ‘technical recession.’ The new Rabobank North American Agribusiness Review says the economy is fading and a recession will be declared officially soon. The report says phosphate…Corn Denting in Walhalla Area
Published August 30, 2022
Combine dust fills the air in northeastern North Dakota. Small grains and canola are being harvested. Desiccation is beginning in dry beans. “Corn is just reaching the dent stage and we’re starting to put starch in the kernels,” reports Matthew…‘Anxious’
Published August 30, 2022
The water came up this spring in the Stephen, Minnesota area and was one of the longest lasting floods in memory. Alex Anderson leads a Pioneer seed agency called Eagle Point Ag and says late planting and Prevented Plant was…Wet Spring = Crop Delays
Published August 30, 2022
Kent Rivard of K-Star Ag Services at Thief River Falls hosted the first stop on the second day of the RRFN Crop Tour. “Crops are looking shockingly well, especially for the late planting season.” There were some crops planted in…Sunflower Contract Prices Begin to Surface
Published August 30, 2022
Contracts for 2023 sunflower production have started to roll out at the crush plants. The National Sunflower Association says that is earlier than normal. NuSun is in a range of $23.50-to-$25.75 per hundredweight and high oleics at $26-to-$26.75.Syngenta Group Releases 2Q Financials
Published August 30, 2022
The Syngenta Group is reporting second quarter earnings before interest, taxes and depreciation at $1.7 billion. That’s up nearly 40 percent from one year ago. Syngenta Crop Protection sales grew 25 percent, reaching $8.6 billion for the first half of…New Coalition Formed to Educate Congress
Published August 30, 2022
A new agriculture alliance has been formed called the Ag Bioeconomy Coalition. With the current focus on climate and sustainability, this group will advocate the use of agricultural feedstocks to displace petrochemicals. The coalition includes Farm Bureau, corn, soybean and…Tyson Plant Suspended From Exporting Pork to China
Published August 30, 2022
China has suspended a Tyson pork processing plant in Indiana from its list of eligible suppliers. The reason for this suspension has not been confirmed. In a statement, Tyson officials said the company is confident the U.S. and Chinese governments…Frost-Free September Needed
Published August 29, 2022
Crops are generally in decent shape in central and western North Dakota. “We’re lagging alittle behind the five-year average (for GDUs) depending on when the crop was planted,” said Larry Lunder, field agronomist, Pioneer. “Considering when we got into the field,…