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AGRIBUSINESS

Latest Headlines
The consumer watchdog agency was motivated to bring the case in part because rising costs and supply chain disruptions from Russia's invasion of Ukraine have put economic pressure on farmers, an agency official told Reuters.
Smithfield Foods Inc has agreed to pay $75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in the $20 billion-a-year U.S. pork market by limiting supply.
South Dakota U.S. Rep. Dusty Johnson, one of 51 U.S. representatives who signed the Sept. 26 letter, told Agweek in a prepared statement, “China is not our friend, and if a purchase such as the one near the Grand Forks Air Force Base is a strategic move by the Chinese Communist Party to intercept sensitive U.S. military communications, this would cause serious problems."
About 35 representatives of foreign governments spent a week touring farms, research sites and agribusinesses across Minnesota. Visits ranged from Hormel and soybean farms in the southeast to sugarbeet farms and processing in the Red River Valley.
United States Sugar Corp., a Florida company that markets sugar cooperatively with Red River Valley sugarbeet growers through United Sugars, wants to purchase Imperial Sugar Co. The U.S. Department of Justice was suing to block the purchase.
The state of North Dakota extended the deadline to Dec. 15, 2022, after it received no bids by the Aug. 15 deadline for the pipeline that would carry natural gas from east to west to existing and proposed agricultural manufacturing plants in Grand Forks.

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Denise and Jim Karley own Karley Farm, Johnstown Bean Co. and North Central Commodities Inc., their son Dylan Karley, owns Dylan Karley Farm and is general manager of Johnstown Bean Co. and North Central Commodities Inc, and his sister, Nora Hubbard, is office manager and controller of the two businesses.
Breaking News
John Riskey, president of Bakery, Confectionery, Tobacco Workers, and Grain Millers union Local 167G, confirmed on Wednesday, Sept. 14, that employees had approved a tentative agreement reached last week between union representatives and American Crystal.
Other Half Processing was created after the two brothers realized that animal byproducts from animals raised in regenerative systems were either just not being collected or weren’t kept separate from the commodity stream.

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