Sugarbeet Planting Reminders   As planting begins in the RRV, keep these tips in mind: Grower Agreement: Submit your Annual Grower Agreement to your Agent ASAP if not already done. Final Plant Dates: Contact us with questions about specific county deadlines. Replant Payment ($110/ac): Only authorized by crop insurance adjuster prior to replanting. Requires replanting…

Cattle & Ranch Report April 9, 2025   Live Cattle: This morning’s spread to place an 850# steer on feed against marketing them into the October time frame starts at $101.35 as I write this.  More participants continue to leave the playing field.  Close to 38K contracts have evaporated in the past 3 trading days.  Basis…

This disaster assistance program was passed last year and by law has to start dispersing funds no later than March 21st, 2025.  The total ECAP funding is 30 billion.  The first 10 billion will be distributed  in the form of per acre Payments.  FSA will be mailing preprinted applications based off your certified acres from…

  April 11th is the Initial Plant Date for Sugar beets in most areas of the Red River Valley, if you chose to plant prior to that date, you sacrifice the replant coverage of $110/ac that is included in your multi-peril on the early planted acres.   Qualifications for Replanting Payment: *You are only allowed…

Cattle & Ranch Report February 28, 2025   Live Cattle: Were the manipulation of sectors not so rampant to achieve some form of profit margin, reflecting the poor state of the industry, the spreads between starting feeder to finished fat would be comical.  Unfortunately, due to the historical amount of working capital it takes to…

Cattle & Ranch Report February 4, 2025   Live Cattle: The Mexican border open, with no tariff’s, suggests an onslaught of inventory to be herded across the border before it is potentially shut down again.  About the time they get caught up with this, wheat pasture cattle will be coming off, leading me to expect…

The national payment factors have been established for MASC (Marketing Assistant for Speciality Crops)

The Risk Management Agency (RMA) issued Product Management Bulletin PM-25-006 to announce the final grid indices and payment calculation factors which have been determined and approved for the following: 2024 Crop Year Rainfall Index September – October Index Interval Final Grid Indices for Annual Forage (Growing Seasons 8, 9 ,10,11,12), Apiculture, and Pasture, Rangeland, Forage…

The Risk Management Agency (RMA) issued Product Management Bulletin PM-25-002 announcing the Dry Bean and Dry Pea Revenue Endorsement harvest prices for the 2024 crop year. The harvest prices are applicable for the crops, types, and states listed in the bulletin.   

Additional Details on Key Disaster, Economic Assistance Funds Expected in Coming Weeks As reported in our notes to you in late December, Congress passed and the President signed into law a measure dubbed the American Relief Act which contains roughly $31 billion in assistance for producers, including $21 billion for production loss assistance for 2023…