Weekly Dry Bean Market Review
The dry beans under contract are moving at a steady pace with moderate demand. According to report contacts, rail cars, trucks and containers are getting harder to source. USDA Market News puts the grower price for black beans this past week was $27 to $32 per hundredweight (cwt). Pinto beans range from $30 to $32 […]
ARC/PLC Signup Ends Monday
Farmers have until Monday, March 15 to complete their elections and enrollment for this year’s Agriculture Risk Coverage and Price Loss Coverage programs. Currently, 48,000 North Dakota farms are enrolled, which is about 80 percent of expected participation. In Minnesota, more than 86,000 farms have enrolled which is about 86 percent of expected participation. Farmers […]
Weekly Dry Bean Market Review
The dry beans under contract are moving at a steady pace. According to report contacts, rail cars and containers are getting harder to source. USDA Market News puts the grower price for black beans this past week was $27 to $32 per hundredweight (cwt). Pinto beans range from $30 to $32 per cwt. Navies are […]
QLA Program Signup Period Extended
USDA has extended the Quality Loss Adjustment program enrollment deadline to Friday, April 9th. The original deadline was set for today. At this point, more than 8,100 applications have been filed. Payments will be made after the application period ends. Listen to an exclusive Red River Farm Network interview with USDA Farm Service Agency Associate […]
Dry Bean Projected Prices Released for 2021 CY
USDA’s Risk Management Agency (RMA) has approved the 2021 Crop Year (CY) projected prices for Yield Protection, Revenue Protection and Revenue Protection with Harvest Price Exclusion plans of insurance. The projected prices and volatility factors are applicable for the states, crops and types. Projected Prices and Volatility Factors apply to Supplemental Coverage Option (SCO) and […]
USDA Announces March Lending Rate for Agricultural Producers
USDA announced loan interest rates for March 2021, which were effective March 1. Interest rates for Operating and Ownership Loans are as follows: Farm Operating Loans (Direct): 1.375% Farm Operating Loans (Microloan “Special Interest Rate”): 5.000% Farm Ownership Loans (Direct): 2.750% Farm Ownership Loans (Direct, Joint Financing): 2.500% Farm Ownership Loans (Down Payment): 1.500% Emergency […]
Weekly Dry Bean Market Review
The dry beans under contract are moving at a steady pace. According to report contacts, rail cars and containers are getting harder to source. USDA Market News puts the grower price for black beans this past week was $27 to $32 per hundredweight (cwt). Pinto beans range from $30 to $32 per cwt. Navies are […]
Another Ag Outlook Forum in the Books
USDA’s oldest and largest gathering, the Agriculture Outlook Forum, took place virtually February 18 and 19. During the Forum, the Chief Economist unveiled USDA’s Outlook for the domestic agricultural economy and trade for the year. Forum sessions explored a wide range of current and emerging topics in agriculture relating to global trade, innovations in agriculture, […]
Weekly Dry Bean Market Review
The dry beans under contract are moving at a steady pace. According to report contacts, railcars and containers are getting harder to source. USDA Market News says the grower price for black beans this past week was $27 to $30 per hundredweight (cwt). Pinto beans range from $29 to $32 per cwt. Navies are at […]
Quality Loss Adjustment Webinar to be Held
Producers who intend to apply for assistance through the Quality Loss Adjustment (QLA) Program will have an opportunity to learn about the program during a webinar that North Dakota State University Extension and the Farm Service Agency (FSA) are hosting on Wednesday, February 10, at 11 a.m. Central Time. On January 6, the FSA […]
