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Agriculture

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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Warm, dry weather speeds Minnesota corn harvest

Minnesota's corn harvest is speeding ahead thanks to the third dry week in a row.

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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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Minnesota plans study of organic farm transition

A $1.2 million federal grant will help Minnesota economists study the costs of transitioning from conventional to organic farming.

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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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Many wheat growers won't benefit from price jump

Many wheat growers won't benefit from price jump

Most farmers' wheat was sold by the time prices skyrocketed, leaving the big profits to speculators who buy commodities on the futures market.

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VeraSun not pursuing farmers it asked for refund

VeraSun not pursuing farmers it asked for refund

Midwest corn farmers who received official letters from bankrupt ethanol producer VeraSun Energy Corp. asking for money back can breathe easier.

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