WASHINGTON — When farmers, agribusiness executives and conservationists visiting Washington get tired of walking the halls of Congress and the U.S. Department of Agriculture, they can now visit the only legitimate agricultural or farm exhibit within the nation’s capital: the restored Peirce Mill, a 19th century commercial flour mill and its grounds, where an apple orchard will be replanted this spring.
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.
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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