News
USSEC Leader Prepares for China Trip
Published April 5, 2018
Trade disruptions impact markets. U.S. Soybean Export Council Vice President Monte Peterson, who farms at Valley City, North Dakota, says there is time to find a solution. "There's a comment period on Section 301/intellectual property. So these tariffs do not…Hopeful for a Positive Trade Resolution
Published April 5, 2018
The Chinese are saying the potential soybean tariffs are based on steps taken by the Trump Administration. China is the buyer for more than 60 percent of the total U.S. soybean exports. American Soybean Association Treasurer Bill Gordon is hopeful…Plan the Work, Work the Plan
Published April 5, 2018
Farmers are anxious to get into the field for spring planting. NorthStar Genetics soybean production manager Alan Muhs is urging patience. "Don't rush through the planting season. Execute the plan you've made and many times that'll help put a few…Prepping for a Successful Beet Crop
Published April 5, 2018
Cold weather continues to hamper any ideas of field work in the Northern Plains. American Crystal Sugar Company General Agronomist Tyler Grove says the cold temperatures are good for storing sugarbeets, but beet growers would like to get started in…Variety Selection is Critical
Published April 5, 2018
The seed decision is critically important for all farmers. WestBred Regional Manager Troy Sayler says the variety decision is the foundation for a successful crop. "Farmers put a lot of diligence into selecting corn and soybean varieties and that should…Monsanto Q2 Net Profits Strong
Published April 5, 2018
Monsanto is reporting second quarter net profits of $1.4 billion. That’s an increase from $1.3 billion last year. Net sales totaled $5 billion, down slightly from one year ago. Monsanto’s purchase by Bayer is expected to be finalized later this…Cargill Reports 3Q Results
Published April 5, 2018
Cargill reports third quarter income of $559 million, down from $715 million one year ago. Cargill’s grain origination business improved slightly over the past year. Sales were strong for its beef and animal nutrition segments, which was welcome news in…A Political Move
Published April 4, 2018
According to North Dakota State University Extension Crops Economist and Marketing Specialist Frayne Olson, the market responded very quickly to China’s threat to impose retaliatory tariffs on soybean, corn and other commodities. “The list is a little bit fuzzy, but…Farmers Will Be Okay
Published April 4, 2018
Agriculture Secretary Sonny Perdue acknowledges the anxiety over the trade dispute between the U.S. and China. During a stop in Ohio, Perdue said farmers will be okay. "The president wanted me to ensure the farmers of America that they will…