This week on AgweekTV, we’ll visit with high profile policy makers as they gathered in Fargo to discuss the current state of the ag industry. We’ll take a look at the USDA acreage report and ask a market expert what it all means. Once again, we will show our Flags on Farms feature. Finally, we’ll discuss a North Dakota ag tech giant that has an easier way for farmers to get paid for their grain.
Thousands of feedlot cattle in Kansas died from a combination of factors revolving around excessive heat, but it likely won't have much impact on the cattle market.
Bob Worth has volunteered as an MSGA director since 2002, serving in various capacities including president, secretary and treasurer. Most recently, Worth was vice president of the MSGA.
Don Wick of the Red River Farm Network and Randy Martinson of Martinson Ag Risk Management said that the Quarterly Stocks and Planted Acreage report along with a trucker protest in Argentina and ongoing West Coast port labor talks had an impact on markets this week.
A Reuters analysis of grain basis data shows buyers are offering farmers vastly higher bids than in recent years.
Sarah Vogel was a young lawyer in the 1980s when she brought a national class action lawsuit, pitting her against the Department of Justice in her fight for family farmers’ constitutional rights.
Pressure on commodity markets was also due to concerns of the U.S. economy falling into recession. This concern is adding to the fund selling spree as traders take money off the table in both the commodities and in the financial world and head for the sidelines.
The U.S. Agriculture Department pegged soybean acreage this year at 88.3 million, a 1% increase over the 87.1 million acres farmers planted in 2021. All wheat acreage in the United States also increased by 1% over last year to 47 million acres, USDA said. Corn acreage totaled 89.9 million, 4% less than the 93.4 million acres farmers planted in 2021.
The new Conagra facility replaces a 92-year-old facility in Waseca and will provide about 20% more capacity for processing vegetables for use in frozen foods.
The software technology company already creates digital scale tickets and contracts for farmers and facilities like elevators and co-ops. Now, the company has added a digital payment platform: Bushel Wallet.
Pinto and navy bean prices in North Dakota and Minnesota were $0.44 to $0.48 per pound on June 27, Black beans, meanwhile, were fetching $0.45 per pound, said Randy Martinson, owner of Martinson Ag Risk Management in Fargo, North Dakota.
About 55,000 acres -- or 8% of American Crystal Sugarbeet Co’s acreage -- was damaged significantly during the week of June 12-19, said Brian Ingulsrud, the company’s vice president, agriculture.
Kelly Leo accepted a position as Williams County agriculture and natural resources Extension agent in Williston in 2020, a year after her daughter, Devan Leo, joined the McKenzie County Extension team in Watford City as agriculture and natural resources agent.