STAFF BLOG AG RIGHT A nasty weekend
I love living in the Upper Midwest and covering agriculture -- but not when the weather turns as violent and destructive as it did this past weekend. Hail and tornadoes rumbled through the area, a sca... Posted on 6/29/15 at 8:22 AM
FARGO, N.D. — Federal prosecutors have increased allegations against farming brothers from Northwood, N.D., saying they added chemicals to potato seeds to cut production in a crop insurance fraud case, taking $2 million from fraudulent insurance claims since 2002 as well as federal disaster funds.
Wheat started last week off on a strong note, but faltered for the rest of the week. For the week ending May 24, July Minneapolis dropped 15.5 cents, September Minneapolis dropped 14 cents, July Chicago dropped 34 cents, and July Kansas City gave up 18.5 cents. Wheat was under pressure from spill-over selling from the other grains as well as from high crop ratings for spring wheat.
Soybean export sales were in the middle of the range of estimates. Palm oil prices firmed up in Malaysia after a recent string of lower prices. The trade is still dealing with rumors of cancellations, but no confirmations.
The Inspection and Quarantine Department in southern China at the port of Guangxi has said that it discovered a recent cargo of soybeans from Brazil contained live worms. The cargo was approved for offloading, and there is no word yet on how the government intends to deal with the trader or Brazil.
GRAND FORKS, N.D. — Ultra Green has plans to open a wheat straw fiber processing facility late this year in Devils Lake, N.D. Officials say the new plant is expected to provide an immediate boost to the regional economy.
Kevin Bonham, Grand Forks (N.D.) Herald
March 12, 2012
FARGO, N.D. — As of Feb. 23, the North Dakota Public Utilities Commission had not moved to change the brokerage status of Anderson Seed Co., a Mentor, Minn.-based sunflower company whose assets have been sold in the wake of nonpayment reports.
WASHINGTON — Agriculture Secretary Tom Vilsack may have thought he was complying with the mood in Congress recently when he presented a budget with a minimum of increases, but at a four-hour hearing before the House Agriculture Appropriations Subcommittee he got a full dose of members’ views on cuts to the programs they think are important.
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