Profits at North Dakota's state flour mill are down, but it's still on track to have one of its best years. Mill manager Vance Taylor says Monday the mill booked almost $1.2 million in profits during January, February and March.
Keith Deutsch knows that part of his job is promoting his crop. He knows he needs to be realistic, too. “It just doesn’t look too good for this spring,” says Deutsch. a Plaza, N.D., farmer and president of the U.S. Durum Growers Association. “It may sound strange for someone from the association to be saying that.” But Deutsch and other area durum boosters say they have to acknowledge the obvious.
BISMARCK, N.D. — North Dakota’s state-owned flour mill will likely lose at least $60,000 because of the collapse of a commodities broker the mill has used to guarantee prices for the wheat it buys, according to a state audit.
A flour mill company is spreading out in Harvey.
Earth Harvest Mills held a ribbon-cutting ceremony Monday.
The federal Agriculture Department’s Rural Development director, Jasper Schneider, said three loans through the agency provided $2.2 million to help the company get started. He said two of the original loans have been paid in full.
BISMARCK – The directors of North Dakota’s state-owned flour mill gave its general manager a 4 percent raise after the mill reported a $9.7 million annual loss, marking the second straight year its ledgers were stained with red ink.
Dale Wetzel, Associated Press Writer
, September 11, 2009
Representatives of four major flour milling companies in Korea will be surveying North Dakota’s hard red spring wheat crop.
The North Dakota Wheat Commission is hosting the team Sunday through Tuesday.
High prices for spring wheat, coupled with weakened demand for flour to make bread, buns and rolls, have caused a quarterly loss at North Dakota’s state Mill and Elevator that could reach $3 million, its manager says.
By Dale Wetzel, The Associated Press
, June 26, 2008
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