News
Discipline Needed When Renting Farm Ground
Published February 10, 2022
Land rents remain one of the top expenses for farmers. "Between 30 and 33 percent of corn revenue ends up, if you're renting ground, going into the landlord's pocket," said Michael Swanson, chief agricultural economist, Wells Fargo. "If someone in…Under Secretary Bonnie Meets with House Ag Subcommittee
Published February 10, 2022
USDA Under Secretary of Farm Production and Conservation Robert Bonnie met with the House Ag Subcommittee on General Farm Commodities and Risk Management on Tuesday. Bonnie answered questions on crop insurance, farm programs and disaster aid. Minnesota Congresswoman Angie Craig…Variety Selection Necessary When Dealing with Iron Deficiency Chlorosis
Published February 10, 2022
With more residual nitrogen left in the soil last fall, University of Minnesota Extension Soybean Agronomist Seth Naeve says there’s a greater chance for Iron Deficiency Chlorosis. Selecting an IDC tolerant soybean variety is a good strategy. "That's our number…Veg Oil Sector Shifting to Serve Renewable Diesel Demand
Published February 10, 2022
In a call with investors, Bunge CEO Gregory Heckman was asked about forecasts for U.S. renewable diesel capacity to reach five billion gallons by 2025.” I think it's going to take everything to supply that industry and the demand that…Drought Relief Discussed in MN House Ag Committee
Published February 10, 2022
There is broad support for drought assistance in the Minnesota Legislature, but this relief is not without criticism. "There are a lot of businesses that fail that have to have insurance or they have to go into bankruptcy," said State…Rural Finance Authority Expedites Disaster Funds
Published February 10, 2022
During a Minnesota House Agriculture Committee hearing, Rural Finance Authority ag finance supervisor Matt McDevitt provided a status report on the drought disaster loans. "Currently, we have about ten applications for $1.2 million and we continue to get inquiries," said…Meehan and Sedivec Honored
Published February 10, 2022
The Society for Range Management presented its Outstanding Young Professional Award to NDSU Extension Environmental Stewardship Specialist Miranda Meehan. The organization’s Fellow Award went to NDSU Extension Rangeland Specialist Kevin Sedivec.USDA Equity Commission Members Named
Published February 10, 2022
To address historical discrimination at USDA, an Equity Commission and agriculture subcommittee have been created. One of the notable members of the 15-member Equity Commission is Shirley Sherrod, who was forced to resign 12 years ago as USDA’s Georgia rural…USDA Makes Slight Changes to World Corn and Soy Production
Published February 9, 2022
USDA lowered world corn ending stocks from the January estimate of 303.1 million metric tons to 302.2 million metric tons. World Soybean ending stocks were lower from 95.2 million tonnes in January to 92.8 million tonnes. World wheat ending stocks…