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Tyson Foods Adjusts Beef Prices

Published May 14, 2020

With companies facing scrutiny over the disparity between the cash cattle price and what is happening in the meat case, Tyson Foods plans to discount prices for some cuts by 20-to-30 percent. Tyson CEO Noel White said the reduction in…

China Now Allowing Imports of U.S. Barley

Published May 14, 2020

The Chinese customs agency filed that notice Thursday. This action is happening as China ramps up imports of U.S. ag products through the phase one trade deal. China is also in a trade dispute with Australia, creating a new opportunity…

Mycogen Brand Retired, New Seed Brand Launched

Published May 14, 2020

Corteva Agriscience has launched a new U.S. seed brand called Brevant. Marketing Leader Mike Lozier says the Brevant brand will be sold exclusively through ag retailers. Brevant will offer corn, soybean, silage corn, canola and sunflower seed starting with the…

Saudi Officials Plan to Cut Oil Production by 1 Million BPD

Published May 13, 2020

Saudi Arabian officials have announced plans for the nation to cut oil production by one million barrels per day in June. This comes in addition to the agreement last month with OPEC to cut oil production by nearly 10 million…

DOE Plans to Purchase 1 Million Barrels for Petroleum Reserves

Published May 13, 2020

The U.S. Department of Energy plans to purchase up to one million barrels of crude oil for the Strategic Petroleum Reserve. According to the Department’s announcement, the purchases will be sourced from small to midsize U.S. oil producers. This purchase…

SD FFA Announces 2020 Star Award Winners

Published May 13, 2020

Star award winners were announced during the second general session of the South Dakota FFA Convention. Star awards go to four FFA members that go above and beyond in attitude, community service and their Supervised Agricultural Experience project. The South…

NCBA Opposes Restrictive Cattle Marketing Options

Published May 13, 2020

The National Cattlemen’s Beef Association is opposing the spot market bill recently introduced by Iowa Senator Chuck Grassley and Montana Senator Jon Tester. The legislation would require a minimum of 50 percent of meat packers slaughter volume to be purchased…

Utterback: Watch for Seasonal Corn Rallies

Published May 13, 2020

USDA’s projection of a very large corn carryout will keep pressure on corn prices. Utterback Marketing President Bob Utterback recommends farmers use seasonal rallies to catch up on corn sales. "I think there's more of a chance corn will try…

ND Farmers Start to Applying Fertilizer

Published May 13, 2020

Northern Plains farmers didn't have much time to apply fertilizer last fall. Now, the work is getting done. "Fertilizer demand has been been hectic, but manageable," said Chris Kolstoe, agronomy manager, CHS Ag Services. "We've been applying for a few…

Ethanol Industry Welcomes Potential COVID-19 Relief

Published May 13, 2020

Included in the $3 trillion HEROES Act is support for the biofuels industry. A Renewable Fuel Reimbursement Program would pay biofuel makers based on the number of gallons produced from January through May. The ethanol industry welcomes the support. "We…

Tyson Foods Adjusts Beef Prices

China Now Allowing Imports of U.S. Barley

Mycogen Brand Retired, New Seed Brand Launched

Saudi Officials Plan to Cut Oil Production by 1 Million BPD

DOE Plans to Purchase 1 Million Barrels for Petroleum Reserves

SD FFA Announces 2020 Star Award Winners

NCBA Opposes Restrictive Cattle Marketing Options

Utterback: Watch for Seasonal Corn Rallies

ND Farmers Start to Applying Fertilizer

Ethanol Industry Welcomes Potential COVID-19 Relief

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