Midwest Farmland Values Soar in First Quarter
(NDAgConnection.com) – The Chicago Fed’s AgLetter reports that farmland values for the Seventh Federal Reserve District in the first quarter of 2022 were 23 percent higher than a year ago. Values for “good” agricultural land in the
N.D. Wheat Production Forecast Up 114 Percent from Last Year
(NDAgConnection.com) – Based on May 1 conditions, North Dakota’s 2022 winter wheat crop is forecast at 4.23 million bushels, up 114% from last year’s crop, according to the USDA’s National Agricultural Statistics Service. Average yield is forecast
CFTC Will Hold Meeting on Voluntary Carbon Markets
(NAFB.com) – The Commodity Futures Trading Commission will hold its inaugural Voluntary Carbon Markets Convening on June 2. Participants will discuss issues related to the supply and demand for high-quality offsets, including the product standardization and data
Ethanol Production Rises to Highest Point in a Month
(NAFB.com) – The Energy Information Administration says ethanol output rose to the highest level in a month during the week ending on May 6. Ethanol inventories increased for the first time in six weeks. Ethanol production rose
May WASDE Report Shows Lower Corn, Higher Soybean Production
(NAFB.com) – The May World Ag Supply and Demand Estimates call for lower corn and higher soybean production in 2022-2023. The corn outlook calls for lower domestic use, exports, ending stocks, and higher prices. The corn crop
First 2022 Winter Wheat Production Calls for Lower Yield
(NAFB.com) – U.S. farmers are expected to produce 1.17 billion bushels of winter wheat this year. It’s the first winter wheat production forecast for 2022 issued by the National Agricultural Statistics Service. The forecast calls for an
European Union to Help Ukraine Export Grain
(NAFB.com) – The European Commission says it will work with the EU governments to help Ukraine export millions of tons of grain currently stuck in the country. As part of the Russian invasion, Russia’s navy has blocked
Friday, May 13th Weather
HIGH WIND WARNING ACROSS MOST OF NORTH DAKOTA EXCEPT THE SOUTHEAST CORNER WIND ADVISORY UNTIL THIS EVENING FOR THE REGION TODAY: SUNNY,