Articles tagged under: CoBank
Thompson Moves to NCGA
Published January 30, 2020
Anne Thompson joins the National Corn Growers Association as its director of PAC and political strategy. Previously, Thompson worked by Bunge North America and CoBank.CoBank Releases 2020 Year Ahead Report
Published December 13, 2019
The U.S. rural economy will continue to face headwinds in the year ahead. CoBank made that assessment in its annual report. CoBank says farmers and ranchers are faced with declining working capital and record farm debt. Stable farmland values are…Grain Elevators Experiencing Challenges
Published December 6, 2019
Grain elevators are facing significant challenges as basis levels are the highest seen in years. CoBank Knowledge Exchange Division Manager Tanner Ehmke says farmers need to remember their grain elevators and co-ops are struggling, too. "Pipeline supplies of grain are…More Volatility for End-Users
Published August 30, 2019
According to a new report from CoBank, historic planting delays will increase market volatility for grain elevators and other end-users. CoBank economist Tanner Ehmke cites the basis levels in central Ohio, where the market rallied 25 cents from May-through-June to…Co-op Consolidation
Published July 11, 2019
Agricultural cooperatives are in a consolidation phase. Those decisions are often done to scale up and increase efficiency, but new factors may also be driving this trend. According to a new report from CoBank, co-ops are also merging to deal…Global Economic Slowdown Influences Agriculture
Published March 29, 2019
The quarterly rural economic review from CoBank describes 2019 as “a challenging year with economic uncertainty.” The overall economic growth is slowing in the U.S. and worldwide. The CoBank report says the ongoing trade disruptions have hurt short-and-long term markets.…Soybean Processing Capacity in Expansion Phase
Published February 8, 2019
The soybean processing industry is going through the biggest expansion phase in 20 years. That includes the AGP crush plant in Aberdeen and a facility in Michigan that are expected to come online later this year. The proposed projects at…Interest Rate Pause is Beneficial for Farmers and Elevators
Published January 22, 2019
Speaking at the North Dakota Grain Dealers Association Convention, CoBank economist Will Secor said interest rates have stabilized. The Federal Reserve Bank’s decision to pause interest rate hikes is called beneficial. "That will keep the costs of borrowing flat for…Excess Capacity Forecast for U.S. Soybean Crush
Published December 11, 2018
The U.S. soybean processing industry is going through its biggest expansion phase in 20 years. That includes a new soybean processing plant in Aberdeen that will start production with the 2019 crop. Depending on the availability of funding, a plant…