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Western South Dakota's Only Ranch Station
WASHINGTON, D.C. – The USDA released its updated WASDE report on August 11, 2023. The August WASDE is the first WASDE report that incorporates farmer surveys and satellite imagery into its yield projections. Previous reports use weather adjusted trendlines. Crop yields were the biggest numbers to watch heading into the report. The market was expecting […]
WASHINGTON, D.C. – Russia on Monday declined to extend the year-old agreement that has allowed Ukrainian grain to move out of Black Sea shipping ports, a move that immediately drove up commodity prices in response. Russia stated the shipping agreement was suspended. The announcement came following an attack on a key bridge in Russian-occupied Crimea, […]
PIERRE, S.D. – Agricultural producers who have not yet completed their crop acreage reports after planting should make an appointment with their local Farm Service Agency (FSA) service center before the applicable deadline. July 15 is a major deadline for most crops, but acreage reporting deadlines vary by county and by crop. Producers should make an appointment as […]
GREENWOOD VILLAGE, CO – The cost of storing grain, commonly referred to as the cost of carry, has soared to record highs due to rising interest rates, high commodity prices and increasing costs for labor, insurance, transportation and energy. That is putting a significant squeeze on grain elevators, which may be forced to lower their […]
PIERRE, S.D. — State regulators have rejected a Potter County-based grain buyer’s request to accept deliveries from 26 South Dakota producers who have open contracts for sunflowers, safflower and millet. The South Dakota Public Utilities Commission unanimously denied the motion from Banghart Properties LLC, Gettysburg, S.D. on Tuesday, March 28, 2023. Banghart is currently in […]
WASHINGTON, D.C. – Agriculture Secretary Tom Vilsack announced that producers in counties affected by eligible disaster events in Kentucky, Minnesota, South Dakota, Illinois, Indiana, Iowa, Missouri, North Dakota, and Tennessee can apply for cost-share assistance through the Emergency Grain Storage Facility Assistance Program (EGSFP). The new program provides cost-share assistance for the construction of new […]
PIERRE, S.D. — State regulators are accusing a Gettysburg business of breaking some of South Dakota’s grain laws. Banghart Properties LLC faces maximum civil fines totaling $70,000 for purchasing hundreds of truckloads more than the $5 million that a Class B license annually permits, as well as lifetime grain-licensing bans against its ownership and management […]
WASHINGTON, D.C. – Wheat prices continue to climb as the Russian invasion of Ukraine is ongoing. A Rabobank analyst says the world’s biggest wheat buyers may need to reconsider whether they’ll continue buying grain from the Black Sea regions. “Russia and Ukraine have moved a lot of wheat into the market already, so things should […]
PIERRE, SD – Commercial hemp has been planted this year in the state. South Dakota Industrial Hemp Association Executive Director Katie Sieverding says they’re off to a great start with most of the hemp being planted of grain and fiber varieties. “Right around 20 farmers who have planted a crop,” says Sieverding. “The majority of […]
