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Dry Bean Scene

USDA released its prospective plantings report Wednesday. NDSU Extension Crops Economist Frayne Olson expected a bigger cut in dry bean plantings than what the surveys indicated. Martinson Ag Risk Management President Randy Martinson did not see much of a change in crop insurance participation for dry bean growers this year, saying the run-up in soybean prices has been a bigger factor in any acreage shift. Hear more in the Dry Bean Scene on the Red River Farm Network, made possible by the Northarvest Bean Growers Association.

Dry Bean Scene

As farmers prepare to plant the 2021 crop, they remain optimistic about the dry bean market outlook. That message came from NDSU Extension crops economist Frayne Olson during BeanCon21. Hear more in this week’s Dry Bean Scene on the Red River Farm Network, made possible by the Northarvest Bean Growers Association.

Dry Bean Scene

The dry bean markets look much different compared to last year at this time, mostly due to the coronavirus pandemic. Seasonally, there hasn’t been as much of a price recovery in the navy bean market when compared to the pinto market. Hear more from NDSU Extension agricultural economist Frayne Olson in the latest Dry Bean Scene on the Red River Farm Network, made possible by the Northarvest Bean Growers Association.

Dry Bean Scene

For the current marketing year, export sales of dry edible beans into Mexico have been slow. That according to NDSU Extension crops economist Frayne Olson. Hear more in this week’s Dry Bean Scene on the Red River Farm Network, made possible by the Northarvest Bean Growers Association.

Dry Bean Scene

According to NDSU Extension crops economist Frayne Olson, the dry bean industry is keeping a close eye on export markets in 2019. Hear more in this week’s Dry Bean Scene on the Red River Farm Network, made possible by the Northarvest Bean Growers Association.

Times of Tough Cash Flow

In times of tough cash flow, Northland Community and Technical College Farm Business Management Instructor Betsy Jensen says debt is part of a farming operation. “Farmers can restructure. They can take existing debt, lump it together and string it out over a few years. That’s not uncommon and not a bad thing to do,” says Jensen. “You don’t want to do it every year, but that can alleviate the cash crunch for 2019.”

Jensen joined NDSU Extension Marketing Specialist Frayne Olson and Emerado farmer Shane Sand in a panel discussion on cash flow at the 2019 International Crop Expo in Grand Forks.

According to Sand, a successful landowner-tenant relationship depends on communication. Sand uses everything from newsletters and phone calls to Snapchat to connect with his landlords. “If I’m on the landlord’s property, I’ll shoot a short video and send them an e-mail link and show them what we’re doing today on their land.” Simply put, Sand treats landlords just like he wants to be treated.

(Source: Red River Farm Network)