News
More Demand for Lower Value Beef Cuts
Published February 23, 2022
The beef cutout values inverted on Tuesday with the Select cutout worth more than Choice. "Specialty cuts are not selling, and the cheaper products have higher demand," said Jacob Burks, market analyst, AgMarket.Net. "I made the comment that we should…Technology-Neutral, Performance-Based Approach Sought
Published February 23, 2022
The focus on low carbon emissions creates opportunities for ethanol. Renewable Fuels Association President and CEO Geoff Cooper said a science-based approach is needed to reach those goals. "Whether it is a low carbon fuel standard or a high octane,…House Environment Committee Passes MN Drought Relief Package
Published February 23, 2022
The Minnesota House Environment and Natural Resources Committee approved the drought assistance bill for Minnesota farmers and ranchers. A plan for the DNR to spend $13 million to plant tree seedlings and improve water efficiency is tied to the agriculture…Supreme Court Rejects DAP Case
Published February 23, 2022
The Supreme Court has rejected a petition from the Dakota Access Pipeline and an environmental review of the project will go on. The pipeline company maintains the federal court that ordered the environmental review didn’t have the legal authority to…CNH Industrial Updates Strategic Plan
Published February 23, 2022
This CNH Industrial plan focuses on its higher-margin agriculture and construction equipment business. The recent acquisition of Raven Industries was highlighted as an opportunity to increase the company’s precision agriculture and autonomous agriculture efforts. The Case IH and New Holland…Weighing the Tax Incentives for ND Soybean Processing Project
Published February 23, 2022
The Cass County Commission tabled a vote on tax exemptions for the proposed North Dakota Soybean Processors project at Casselton. The current proposal would provide 15 years of tax breaks, but people testifying said a five-or-10 year period would be…Corn Wet Milling Project Moves Forward
Published February 23, 2022
The Grand Forks City Council has approved early engineering work for the proposed corn wet milling plant. On March 7, the city will consider tax incentives for the Fufeng Group project. Studies will also be done to consider traffic and…Dry Bean Markets Hold Steady
Published February 22, 2022
According to the weekly report from USDA Market News, the dry bean trade remains light with moderate demand. Grower prices for pintos, blacks and navy beans remain unchanged in the Northarvest region. Here's the report.Dry Bean Scene
Published February 22, 2022
Dry bean exports are down from the explosive sales seen one year ago. In the Dry Bean Scene, U.S. Dry Bean Council Executive Director Rebecca Bratter says sales are expected to pick up in key export markets but will not…