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Agriculture

Minn. soybean, sugarbeet harvests nearly finished

In its weekly crop weather report for Minnesota, the U.S. Department of Agriculture says the soybean and sugarbeet harvests were 99 percent complete as of Sunday -- well ahead of the averages.

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Feds to boost spending on ethanol production

The U.S. Agriculture Department will commit hundreds of millions more dollars to boost biofuels production, including ethanol. The announcement could mean big investments in Minnesota, which ranks fourth in ethanol production.
by Mark Steil

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Govt and Indian farmers agree on $680M settlement

The government and American Indian farmers who say they were denied farm loans have agreed on terms for a $680 million settlement of a long-running lawsuit.

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Beef industry woes may mean poorer meat

Beef industry woes may mean poorer meat

Bob Sears and other ranchers say the domestic meat market has withered to the point where they often receive only one reasonable bid for their cows.

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Corn harvest piling up in SW Minn.

Corn harvest piling up in SW Minn.

Schmitz Grain's 1 million-bushel corn pile in the southwestern Minnesota is longer than a football field and is worth about $5 million.

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EPA approves boosting ethanol limit in gas to 15 pct.

EPA approves boosting ethanol limit in gas to 15 pct.

The Environmental Protection Agency on Wednesday gave the ethanol industry a long awaited boost, approving 15 percent ethanol blends in gasoline, up from the current limit of 10 percent. But the decision was roundly criticized.
by Mark Steil

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Traders far away from the farm influence crop prices

Traders far away from the farm influence crop prices

Federal officials will examine the role of large institutional investors in grain markets -- institutions such as pension systems and hedge funds. Their role in the grain trade has grown steadily over the past few years, and can lead to wide swings in the prices that farmers get for their crops.
by Mark Steil

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