Closing Markets: Grains Rally, Livestock Mixed
The grains rallied into the close with July soybeans settling with double digit gains. Cattle markets were higher while the lean hogs couldn't hold their gains and ended lower.
News
Severe Drought Introduced to North-Central ND
Soil moisture supplies are short in a large share of North Dakota and South Dakota. The latest Drought Monitor expands the areas with abnormally dry and moderate drought conditions. Severe drought conditions are now being reported in north-central North Dakota.…
Another RFS Meeting at 1600 Pennsylvania Avenue
Another White House meeting on the Renewable Fuel Standard and RINs is on the schedule. President Donald Trump will meet with Texas Senator Ted Cruz, Pennsylvania Senator Pat Toomy and Iowa Senators Chuck Grassley and Joni Ernst on Tuesday. This…
The Sugarbeet Report
The Sugarbeet Report is brought to you by SESVanderHave, HELM Agro US and Dow AgroSciences. This week, we visit with NDSU Extension Sugarbeet Agronomist Tom Peters about late planting and early season weed control.
Farm Bill Criticism From the Far Right
A coalition of conservative groups is criticizing the House Agriculture Committee farm bill. This coalition includes Heritage Action, Club for Growth, Taxpayers for Common Sense and more. Rather than focusing on food stamps, these groups are seeking major changes to…
A Change at Wilbur-Ellis
After 16 years at the helm of the agribusiness division of Wilbur-Ellis, Dan Vradenburg is taking on a new job. Vradenburg will take over as the board chair for Cavallo Ventures, which is the venture capital portion of Wilbur-Ellis. The…
MN House Committee Approves Rural Finance Authority
The Minnesota House Ways and Means Committee has approved the $35 million Rural Finance Authority bill and the proposal is now on the way to the House floor. State Representative Tim Miller says adjustments were made in the funding request.…
Income Rises for CF Industries
CF Industries is reporting first quarter earnings of $63 million. That’s up from a $23 million loss last year. Due to challenging spring weather, fertilizer sales are down nearly eight percent from the same time last year. The lower sales…
CBO Reviews House Ag Committee Farm Bill
The Congressional Budget Office has completed its analysis of the farm bill passed by the House Agriculture Committee. According to the CBO, amendments to the federal crop insurance program would reduce spending slightly over a ten-year period. Those amendments would…
Grain and Livestock Markets End Day Mixed
Grain markets closed mostly lower with Kansas City wheat showing the strength of the market due to the Winter Wheat Tour. Northern Crops Marketing and Investments President Brad Paulson explains wheat was almost up to its highs before backing off.
