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Articles tagged under: CoBank

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…
Top StoriesLatest NewsAg BusinessPolicy

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…
Latest NewsMarkets

Demand Challenging Soybeans, But Decent for Corn

Published November 14, 2018

CoBank Economist Will Secor says it will be difficult for soybeans in the next year, but there is some demand potential on the horizon for the large supply. "Looking further out, there will be three soybean processing plants coming on…
Top StoriesLatest NewsMarkets

Consolidation Seen Within Dairy Farm Sector

Published October 31, 2018

Nearly half of all U.S. dairy farms have more than 1,000 cows. That’s up nearly 30 percent from ten years ago. A new report from CoBank indicates larger dairy operations have taken advantage of economies of scale to deal with…
Latest NewsLivestock

Farm Financial Situation is “Not as Bad as Feared”

Published October 17, 2018

Trade with China is the biggest risk for U.S. agriculture. Given the trade situation, CoBank Economist Will Secor says the farm financial situation is better than expected. "My gut is if they're making sales and with the Market Facilitation Program,…
Top StoriesLatest NewsPolicy

CoBank Seeks Support for Current Sugar Program

Published May 15, 2018

One of the largest lenders in the country is urging Congress to support the current sugar program. CoBank sent a letter to members of the House Agriculture Committee, saying changes in the sugar program would “negatively impact” the farmers ability…
Top StoriesLatest NewsPolicy
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