Minnesota farm groups react to Walz VP nomination

Farm groups are reacting to Minnesota Governor Tim Walz being selected as the Democratic vice-presidential nominee.  Minnesota Farmers Union government relations director Stu Lourey says the Walz selection is good news for agriculture. “That is a depth of knowledge, experience, and relationships on the ticket that agriculture holds (and) Minnesota holds. And that’s going to…… Continue Reading

Farmers want to know if grain market has bottomed out

Farmers attending Minnesota Farmfest are wondering if a low is in for the grain markets.  CHS grain originator Patti Uhrich spoke on grain marketing Tuesday morning and took questions from the audience, including a farmer asking if a low is in. “Okay, is the low in? We can all hope so.” She says while crop…… Continue Reading

Chicken profits lead to third quarter rebound for Tyson Foods

Increased profits in chicken have helped Tyson Foods surpass third-quarter revenue expectations. The company’s third quarter net sales were $13.35 billion, up 1.6%. In a conference call Monday, company officials said adjusted operating income for chicken topped $307 million, for its best quarter in eight years. The turnaround comes after Tyson reported a $63 million…… Continue Reading

Ethanol exports down on month, still all-time June high

U.S. ethanol exports dipped from May to June. The Renewable Fuels Association says ethanol exports of 145.9 million gallons were 6% below May, but still the largest on record for the month of June. Canada took in its lowest volume for 2024 to date, while still claiming the top slot for the 39th month in…… Continue Reading

US cropland values up 37% since 2020

Cropland values continue to rise, according to the USDA’s latest land values report. University of Missouri ag economist Scott Brown says nationally there was a 4.7 percent jump year-over-year, but there are differences regionally.  The southeast saw the biggest increase, up 7.2 percent.  “Meanwhile, Delta states, Arkansas, Louisiana, Mississippi are up exactly 4%,” he says. …… Continue Reading

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