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Northern Beef's $30M loan hinged on $10 million in SD state funds, no taxes

MITCHELL, S.D. When a $30 million loan from unidentified off-shore funds was put together for Aberdeen's Northern Beef Packers in 2010, part of the deal was a requirement that the state of South Dakota promised to kick in an additional $10 million.

High beef prices have ranchers selling early

MANDAN, N.D. — There were 3,000 cattle sold at Kist Livestock in Mandan this week. Only 1,800 were on the auction block this time last year.

ADM acquires Fargo-based firm

ADM acquires Fargo-based firm

FARGO – Specialty Commodities Inc., a Fargo-based company that processes and distributes high-quality ingredients for products such as snack food and pet food, is being acquired by Chicago-based Archer Daniels Midland Co. for $170 million, according to a statement posted on the ADM website.

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Young ND farmer expands his operation through industry highs and lows

Young ND farmer expands his operation through industry highs and lows

STEELE, N.D. — Chase Dewitz has fearlessly expanded his North Dakota farm, having ridden the ups and now navigating the downs of lower commodity prices. Fortunately for him, he has livestock as a hedge in the market.

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Minn. leaders seek federal help to ease rail delays

DULUTH, Minn. - Minnesota's leaders want federal help to ease railroad delays.

Northwood plant is crushing canola again

Northwood plant is crushing canola again

NORTHWOOD, N.D. — A crushing plant that reopened here this summer under new management is doing as well as can be expected and could be expanded, its general manager says.

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Senators, elevators hail US STB rail ruling

FARGO, N.D. — Grain elevator and agriculture groups are cautiously optimistic that a more extensive reporting system for railroads, ordered Oct. 8 by the U.S. Surface Transportation Board, will at least allow agricultural shippers to see whether they’re getting the same kind of service as oil, coal and other industries.

Former ND ethanol plant a foundation for local entrepreneurs

Former ND ethanol plant a foundation for local entrepreneurs

WALHALLA, N.D. — The former ADM Corn Ethanol Plant, which laid off about 60 people — more than 5 percent of the Walhalla workforce — when it closed in 2012, is slowly coming back to life.

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F-M economy boom driven by service growth

FARGO, N.D. – North Dakota’s leading metropolitan hubs are economic hot spots, growing at more than twice the national rate as the state rides a boom in energy and solid growth in agriculture.

Farmers stock up on propane

Farmers stock up on propane

FARGO, N.D. — It’s likely propane supplies won’t run out for farmers on the Northern Plains this year, officials say, because of increased rail-fed propane capacity and more retail and customer storage.

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Wheat Growers to break ground on $38.9M grain facility in SD

KENNEBEC, S.D. — Kennebec's new Wheat Growers grain shuttle loader facility will break ground next week.

Owners preparing to open $150M beef processing plant in SD

Owners preparing to open $150M beef processing plant in SD

ABERDEEN, S.D. — They don’t know exactly when in 2015 they’ll start production, but the new owners of an Aberdeen meatpacking plant say they’ll give cattle producers in the region several months of notice.

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Proposed EPA water rules worry farmers

Proposed EPA water rules worry farmers

CHAMBERLAIN, S.D. — South Dakota farmers and ranchers are known to be wary of the federal government.

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Speakers discuss new farm bill programs

Speakers discuss new farm bill programs

DICKINSON, N.D. - The 2014 farm bill has prompted crop producers across the country to make decisions that will affect farming operations for five growing seasons.

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Empire Builder trains forced to reverse directions in ND

GRAND FORKS, N.D. - Amtrak’s temporary detour of Empire Builder trains has reversed directions in North Dakota.

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