Goehring Seeks Changes in NASS Reporting
North Dakota Agriculture Commissioner Doug Goehring has broad support for a resolution that he has introduced to the National Association of State Departments of Agriculture. “It is requesting and urging the National Agricultural Statistics Service to use RMA data to help identify the gaps that exist in their reporting.” Goehring spoke at an Ihry Insurance […]
First Round of MFP 2.0 Payments Being Processed
Farmers should start receiving the first round of Market Facilitation Program payments very soon. According to USDA Farm Service Agency Administrator Richard Fordyce, the payment process began Wednesday for farmers with approved applications. “Over 200,000 applications have been received since sign up began on July 29,” says Fordyce. Farmers should expect to see up to […]
Weekly Dry Bean Market News
According to the Weekly Dry Bean Market News report, grower prices for North Dakota and Minnesota remain unchanged this week. Dry bean trading activity remains limited with very light demand. Contract product is moving steady. This week North Dakota pinto bean dealer values were 2.00 higher. View the latest Dry Bean Market News.
Crop Progress – August 19
According to the Weekly Crop Progress report, dry beans setting pods in North Dakota is at 94 percent. Dropping leaves is at 21 percent, behind 56 percent last year and 27 percent average. The crop is rating decreased to 50 percent good to excellent. In Minnesota, setting pods is at 90 percent. That’s behind […]
Crop Insurance Interest Accrual Deferred
USDA’s Risk Management Agency will defer accrual of interest for all farmer’s spring 2019 crop year premiums, due to the extreme weather conditions, for two months or until November 30. That’s for all policies with a premium billing date of August 15. According to the USDA, any premium not paid by one of these new […]
USDA Purchases Packaged and Canned Beans
Dry edible beans and canned beans have been purchased by USDA for distribution to the child nutrition and other related domestic food assistance program for Fiscal Year 2019. The purchase includes packaged pinto, baby lima, Great Northern and light red kidney beans, pinto bean totes and canned garbanzo beans, totaling over $1.08 million. View the […]
Weekly Dry Bean Market News
According to the Weekly Dry Bean Market News report, grower prices for North Dakota and Minnesota remain mostly unchanged this week. Dry bean trading activity remains limited with very light demand. Contract product is moving steady. View the report.
Prevent Plant Acres Total Over 19 Million
USDA’s Farm Service Agency released more information on prevent plant acres for 2019. U.S. farmers reported 11.2 million prevent plant acres of corn, 4.3 million acres of soybeans and 2.2 million acres for wheat. That makes for a grand total of more than 19 million PP acres for 2019, the most acres reported since FSA […]
Dry Bean Production Forecast Cut in August Report
According to the August USDA Crop Production Report, production of dry edible beans is forecast at 24.6 million hundredweight, down 34 percent from 2018. Area planted is estimated at 1.33 million acres. That’s up two percent from the previous forecast, but down 36 percent from 2018. Area harvested is forecast at 1.28 million acres, up […]
Average Cropland Value Increases in 2019
The average value of agricultural cropland in the United States is $4,100 per acre, up 1.2 percent from the previous year. That’s according to the USDA 2019 Land Values report released this week. That value of cropland ties the 2015 record-high and represents a 55 percent increase in values over the last decade. North […]