News
Dry Conditions Impact GrainCorp Financials
Published May 11, 2018
For the first six months of its fiscal year, the Australian-based GrainCorp had net profits of $27 million. That’s down from $68 million last year. The grain handling company was hurt by a 40 percent decline in crop production for…UM Regent Elected
Published May 11, 2018
Minnesota lawmakers have elected Randy Simonson of Worthington to fill an open seat on the University of Minnesota Board of Regents. Simonson leads an animal health company and has served as an adjunct professor at the university.Buffer Tax Credit: Dayton Response
Published May 11, 2018
Minnesota Governor Mark Dayton has sent on open letter to state farm leaders, clarifying his position on the buffer tax credit. Dayton supports the use of general funds to pay for this tax credit, but said he would support any…Bushel Announces $7 Million Investment
Published May 11, 2018
The grain industry software platform, Bushel, has announced a $7 million private investment round to accelerate its growth. Nearly a year ago, the Fargo-based firm launched with ten pilot locations in North Dakota. Today, Bushel is available to over 400…NAFTA Deadline Approaches
Published May 11, 2018
House Speaker Paul Ryan has put a time limit on the NAFTA negotiations. To give the current Congress enough time to approve the trade deal before the end of the year, Ryan says the deadline is May 17. There are…Wet Fields Delay Hope, ND Planting Progress
Published May 10, 2018
As of Thursday, Hope, North Dakota farmer Al Juliuson hadn't turned a tractor wheel yet this spring. A combination of late snowfall and recent rainfall has inhibited planting progress in the area. "It's a little frustrating," says Juliuson. "We were…The Sugarbeet Report
Published May 10, 2018
The Sugarbeet Report is brought to you by SESVanderHave, HELM Agro US and Dow AgroSciences. This week, we visit with Dow AgroSciences Market Development Specialist Bridgette Readel about the beets starting to emerge.USDA Forecasts Lower Winter Wheat Production
Published May 10, 2018
USDA forecasts this year’s U.S. winter wheat production at 1.2 billion bushels, which is down six percent from the 2017 crop. The average yield is forecast at 48 bushels per acre. This is down from 50 bushels per acre last…A Clearer Picture of Bean Demand
Published May 10, 2018
The soybean market traded higher following the release of the May WASDE report Thursday. Stewart-Peterson Senior Market Advisor, Brian Doherty, says USDA gave the market a little clearer picture of soybean demand. “They got a spike, but they didn’t really…