Entries by Red River Farm Network

Global Travel Restarting, Trade Team Delegates Assigned for 2022

After over a year of lock down, the U.S. Dry Bean Council (USDBC) global representatives have begun to venture out into their respective marketplaces. Representatives in the Americas and China have begun to resume limited in person trade servicing. European representatives are attending two trade shows in October. The USDBC is hopeful that all Asia representatives […]

Dry Bean Scene

Dry edible beans were in the spotlight at the Food and Nutrition Conference and Expo held virtually this past week. Hear more from The Bean Institute Registered Dietitian Nutritionist Kaci Vohland in this week’s Dry Bean Scene on the Red River Farm Network. This radio update is made possible, in part, by the Northarvest Bean […]

Weekly Dry Bean Market Review

USDA Market News reports trading of dry beans remains mostly light with moderate demand. New crop prices for all pulses remain steady to firm.   For pintos, the grower price in Minnesota and North Dakota is $45-to-$45 per hundredweight. That’s down slightly from the prior week’s report. Black beans are down slightly from the previous […]

Crop Progress Report – October 18, 2021

According to USDA’s Crop Progress Report, dry edible bean harvest in North Dakota was 91%, behind 99% last year, but near 87% average.   Topsoil moisture supplies in North Dakota were rated 22% very short, 29% short, 44% adequate, and 5% surplus. Subsoil moisture supplies rated 29% very short, 32% short, 38% adequate, and 1% […]

Fertilizer Prices Continue to Soar

According to DTN’s weekly survey of ag retailers, fertilizer prices are continuing to move higher. Potash and urea were both up 17 percent from one month ago. MAP was ten percent more expensive. UAN28 and UAN32 were eight percent higher than last month with UAN 28 topping the $400 per ton level for the first […]

Ocean Freight Rates Surge Higher

In the third quarter, ocean freight rates for bulk commodities, including grain, were at the highest level in 13 years. To ship grain from the Pacific Northwest to Japan, the rate was $44.56 per metric ton. That’s up 16 percent from the second quarter and up 93 percent from one year ago. The rate increase […]