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News from the Minnesota Association of Wheat
Growers for Monday, April 10,  2000

CARGILL EUROPE PREPARES TO CRUSH NON-GM SOYBEAN
Cargill's Dutch operations this summer will begin processing non- genetically modified soybeans from Brazil. The action is part of a  new identity preservation system that tracks the soybeans all the  way from the farm through storage and shipping to processing,  George Henni, manager protein europe, told Reuters. The non-GM  soybeans are currently bringing premiums of $12-17 per ton, or  about 5- 10%, Henni said. Cargill also is developing another identity  preservation system for animal feeds that uses soybeans from  countries that outlaw GM plantings. Follow the latest global  agricultural news in @g Worldwide: http://email.agriculture.com/cgi-bin1/flo?x=doYEBuEBgwmuAuu

 

 

UNIVERSAL COMMODITY E-MERCHANDISING
With acceptance of e-commerce accelerating rapidly in the last  couple of years, correspondent Thayne Cozart says a great  opportunity has presented itself to farmers. "Internet technology  opens up an array of ways for independent ag producers to regain a well-deserved influence over the pricing and contracting of their  production," he says. "How? By ever-increasing participation in  commodity e-merchandising via negotiated private-treaty sales,  catalogs, or auctions." Under such a system, farmers could lock in  profits as buyers deal directly with farmers via the Internet. Read more about his ideas:   http://email.agriculture.com/cgi-bin1/flo?x=doYEBuEBgwAAuAuuX

 

 

VOTE ON PNTR IN THE HOUSE SET FOR MAY 22
After negotiations with the White House, House Speaker Dennis Hastert announced the week of May 22 is now set as the "make-or-break" date for the House to vote on PNTR status for China, according to a Wall Street Journal article.  Supporters of the bill hope this will force fellow legislators off the fence.  Sources indicate that many in Congress would prefer not to vote on the issue this election year, given the conflicting pressures from labor and business.  Officials from both parties say the real battle is for the votes of the Democrats.  Democrats have suggested they are torn between their core labor support and the business interests whose help they want in taking back control of the House.

 

 

CORRECT SEEDING RATE CRITICAL FOR WHEAT GROWERS

April 6, 2000
Choosing the correct planting rate to establish stands that ensure optimum yields is critical for hard red spring wheat producers.  North Dakota State University research shows that in the high-yield environment (45 to 60 bushels per acre) of northeastern North Dakota, planting to achieve plant populations of 34 plants per square foot produces optimum yields.

Bryan Hanson, agronomist at the NDSU Langdon Research Extension Center, says that while 34 plants per square foot was found to be optimum, there was really no significant difference in a range between 26 and 41 established plants per square foot.  Read more at http://www.ext.nodak.edu/extnews/.

 

 

NDSU AG ECONOMISTS: AVERAGE N.D. CROPLAND PRICES DECLINE FOR SECOND CONSECUTIVE YEAR

April 6, 2000
Some Weakness Noted in Current Land Rental Survey.
The average value of North Dakota cropland declined 2 percent during the past year and now stands at $425 an acre. Meanwhile, average cash rent dropped 0.5 percent, to $32.60 per acre. While the cash rent decline is minimal, pockets of weakness are beginning to show up in some areas of the state. Read more at 
http://www.ext.nodak.edu/extnews/newsrelease/2000/040600/01inde x.htm

 

 

THE MARKET ADVISOR: TIME TO SELL WHEAT
George Flaskerud, Extension Crops Economist NDSU Extension Service
The wheat market bears watching. Wheat is in the midst of the time period when its price reaches a seasonal high, on average. Even if the price is not as high as we would like it to be, it is time to consider completing old crop sales and making some new crop sales. Read more at
http://www.ext.nodak.edu/extnews/.