News
GOA Issues Report on Cattle Markets
Published April 10, 2018
A report by the Government Accountability Office shows supply and demand factors that affected cattle feed prices, such as a drought, also affected changes in fed cattle prices. From 2013 to 2016, the price of fed cattle fluctuated and experienced…China Files WTO Dispute
Published April 10, 2018
China has filed a dispute with the World Trade Organization, alleging U.S. tariffs on steel and aluminum violate world trade rules. However, the Chinese did reconfirm they will lower tariffs on cars, potentially paving the way for negotiations. The announcement…USDA Lowers Global Ending Stocks
Published April 10, 2018
USDA lowered global ending stocks of corn and soybeans in the April Supply and Demand report. Global corn supply is lowered seven million tonnes to 1.3 million tonnes and soybean ending stocks are down 600,000 tonnes to 174 million tonnes…USDA Provides Natural Disaster Funds
Published April 10, 2018
The U.S. Department of Agriculture is issuing $34 million to agriculture producers affected by natural disasters in 2017. This includes farmers and ranchers who experienced drought-related losses. The funds are made available through USDA’s Emergency Assistance for Livestock, Honeybees and…Brazil Meat Packer Purchases a Stake of National Beef
Published April 10, 2018
Brazil meat packer Marfrig Global Foods will purchase a stake of the U.S.-based National Beef Packing Company. The $969 million agreement will hand over 51 percent of the company to Marfrig and would create the world's second-largest beef processor. National…NDFU Advocating for a Strong Farm Bill
Published April 10, 2018
In a time where farm income is down, farmers are looking for some certainty. North Dakota Farmers Union President Mark Watne says it’s essential low commodity prices aren’t impacted further. A strong farm bill would help provide some security. "When…Okay Year for Red River Valley
Published April 10, 2018
Minnesota Farm Business Management released their 2017 farm financials. Northland Community and Technical College Farm Business Management Instructor, Ron Dvergsten, says even with tough commodity prices, the average Red River Valley farm did make some money in 2017. “This can…Dayton Issues Legislative Priorities
Published April 10, 2018
With six weeks in the session, Minnesota Governor Mark Dayton is outlining his legislative priorities. In a letter to House Speaker Kurt Daudt and Senate Majority Leader Paul Gazelka, Dayton said he will not consider cuts in the operating budgets…Planting Still Few Weeks Away
Published April 10, 2018
Spring planting is a few weeks away in the Northern Plains. South Dakota State University State Climatologist Laura Edwards says although there’s a deep frost depth in the northern part of South Dakota, the soil is close to the freezing…