News
MFU Minute
Published May 31, 2018
Here's the latest update from Minnesota Farmers Union. This week, Minnesota Farmers Union Government Relations Director Thom Peterson discusses the veto of the ag policy bill.U.S. Grains Council Shares Concerns on Tariffs
Published May 31, 2018
In a statement, U.S. Grains Council CEO Tom Sleight says the council is concerned about the tariffs. Agriculture will likely be the first hit by counter measures from trading partners. Sleight also says it appears the U.S. needs to prepare…Trade Disruptions Do Impact Farmers
Published May 31, 2018
Starting Friday, the U.S. will impose tariffs on imports of steel and aluminum from Canada, Mexico and the European Union. Exemptions were given earlier this year but expire Thursday night. The decision will likely result in retaliation against U.S. products.…Dry Bean Scene
Published May 31, 2018
The Dry Bean Scene airs every Friday at 12:35 p.m. This week, we visit with Northarvest Bean Growers Association President Tom Kennelly about the USDA Section 32 purchase.Grains Mixed, Livestock Lower at Close
Published May 31, 2018
RML Trading's Terry Fichtner says trade is making a big influence in the grain trade.Land O’Lakes is Searching for New CEO
Published May 31, 2018
Land O’Lakes President and CEO Chris Policinski will retire at the end of June. Policinski has been in the role since 2005. A search committee is being formed to identify a permanent CEO. In the meantime, Peter Janzen is appointed…All-Time Highs for Packer Margins
Published May 31, 2018
Gross packer margins hit all-time highs above $290 per head Wednesday. That's according to HedgersEdge. Livestock Market Information Center Director Jim Robb says packer margins tend to be higher in the summer months. "We tend to see a large swing…Cargill Buys Larger Share of Argentine Joint Venture
Published May 31, 2018
Cargill now has majority interest in its joint venture with the Argentine agribusiness firm called Ledesma. The Minnesota company paid $66.5 million to take control of Glucovil. Cargill owns 70 percent of the joint venture and has the option to…Interest Rates Will Likely Impact Land Values
Published May 31, 2018
According to a new CoBank report, rising interest rates will impact farmland sales and operating loans. While costs are increasing, CoBank says the agricultural industry will have the ability to service debt in the near term. There are parts of…