Dry Bean Scene

In this week’s Dry Bean Scene, North Dakota State University Extension Plant Pathologist Sam Markell tells dry bean growers what they should be scouting for in their fields. The Dry Bean Scene is brought to you, in part, by Northarvest Bean Growers Association.

Machinery Prices Move Higher

Demand outweighs supply. Machinery Pete Greg Peterson says supply chain issues and the lack of available new machinery continues to keep used equipment prices moving higher. “I’ve never seen anything like in the 32.5 years I’ve been tracking auction prices. It went higher all of 2021 and now, in 2022. It’s like a rocket ship.” […]

Fed Releases Minutes from June Meeting

The Federal Reserve Board increased interest rates by three-quarters of a percent at that meeting, which is the largest increase since 1994. In the newly-published minutes, it is apparent the Fed will likely increase rates by another half or three-quarters of a percent at its meeting July 26-27. Since the interest rate hike in mid-June, […]

A Decline in Producer Sentiment for the June Ag Economy Barometer

Rising input costs continue to weigh on a farmer’s perception of the ag economy. That was part of the reason for the two-point decline for the June Purdue University/CME Group Ag Economy Barometer. Center for Commercial Agriculture Director Jim Mintert is not surprised. “I think there’s a recognition among producers that the current financial conditions […]

A look at the Minnesota Dry Bean Crop

Near Staples, Minnesota, farmer Norm Krause is keeping a close eye on the dry bean crop. The black beans and small red beans planted before Memorial Day got too wet. “We ended up re-planting in a couple of fields where there were some drowned out areas and because the compaction of the ground from the […]

Dry Bean Scene

The Dry Bean Scene is brought to you by SRS Commodities, Northarvest Bean Growers Association, Johnstown Bean Company, and BASF-your partner for better dry bean solutions Northarvest Bean Growers Association President Eric Samuelson chats with us about a recent roundtable discussion with Minnesota Senator Amy Klobuchar.

Ukraine to Impact Supply Chain for Years to Come

North Dakota State University agricultural economist Bill Wilson expects the 2022 Ukrainian crop to be half the size of one year ago. From that, Wilson believes 30-to-40 percent of that ground won’t be planted next year. This dispute is not expected to end soon. “I’d venture a guess this is a four- or five-year phenomenon […]

ERP Payments Top $4 Billion

To date, USDA has issued more than $4 billion in Emergency Relief Program funds. That represents 67 percent of the more than $6 billion expected to be paid to farmers in the first phase of the program. Farmers have until July 22 to complete applications.

A Drier Summer Expected in the Northern Plains

North Dakota Ag Weather Network Director Daryl Ritchison is expecting drying conditions to continue across the Northern Plains this summer. “A lot of people don’t realize much of North America is drying off, even North Dakota. We’ve had severe thunderstorms and wet conditions lately, but about two-thirds of the state will finish June well below […]