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Top News & Analysis North Dakota

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  • FARGO, N.D.— The owner of a North Dakota vegetable processing plant who was convicted of recruiting and hiring illegal workers must serve time in custody despite a joint sentencing recommendation calling for no prison time, a judge said Monday. Monte Benz pleaded guilty in April to one count of harboring illegal workers who were employed at his KIDCO Farms plant...

  • LONDON, Aug 3- The biggest losers from the current price war between OPEC and the shale producers seem set to be producers outside the Middle East and North America caught in the cross-fire. Expensive production from the North Sea, Canada's oil sands, offshore megaprojects, weaker African and Latin American members of OPEC, and frontier exploration areas around...

  • PARIS/ SINGAPORE, Aug 3- Chicago corn and soybean futures slid for a second straight session on Monday as favourable weather in the U.S. Chicago Board Of Trade August soybeans slid 0.5 percent to $9.75-3/ 4 a bushel by 1140 GMT, while September corn lost 1.5 percent to $3.65-1/ 2 a bushel. In Europe, December milling wheat on Euronext also touched its lowest since June...

  • *Wheat near 6- week low on plentiful world supplies. Wheat lost ground to hover near last week's six-week low as the market continued to struggle due to abundant global supplies. Wheat touched $4.93-3/ 4 a bushel on Thursday, the lowest since June 22.

  • *Chicago Board Of Trade March soybeans fell 0.4 percent to $9.36-1/ 4 a bushel, near the session low of $9.36 a bushel- the lowest since July 28. *Wheat under pressure from constrained demand for U.S. supplies amid plentiful global supplies and cheaper offerings from competitors in the Black Sea region. *Crop scouts on the U.S. Wheat Quality Council's annual...

  • GRAINS-Soybean, corn futures fall; wheat mixed Friday, 31 Jul 2015 | 3:18 PM ET

    CHICAGO, July 31- Chicago Board of Trade soybean futures fell on Friday, pressured by profit-taking and the cancellation of an export deal with China, traders said. "The weather so far is non-threatening," said Don Roose, president of brokerage U.S. Commodities in West Des Moines, Iowa. Chicago Board of Trade August soybeans settled down 9-1/ 2 cents at $9.80-3/ 4 a...

  • US oil and natural gas rig count down 2 to 874 Friday, 31 Jul 2015 | 2:21 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 874.. Among major oil- and gas-producing states, New Mexico gained three rigs, Louisiana gained two and North Dakota, Ohio, Texas and Wyoming each gained one. Kansas lost four rigs, Utah declined by three, Alaska and...

  • July 31- Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many expect to be a sustained period of cheap crude. Evan Calio, an analyst with Morgan Stanley, said on Exxon's earnings conference call that the oil giant appeared to be less vocal than its peers...

  • CHICAGO, July 31- Chicago Board of Trade soybean futures fell on Friday, pressured by profit taking and the cancellation of an export deal with China, traders said. "The weather so far is non threatening," said Don Roose, president of brokerage U.S. Commodities in West Des Moines, Iowa. Chicago Board of Trade August soybeans were down 6 cents at $9.84-1/ 4 a bushel at...

  • *Chicago wheat down more than 18 pct for July. Chicago Board of Trade front-month wheat rose 1.1 percent to $5.02 a bushel by 1111 GMT, edging away from the prior session's five-week low of $4.93-3/ 4. Crop scouts on the U.S. Wheat Quality Council's annual three-day tour of North Dakota and adjacent states projected spring wheat yield potential at 49.9 bushels per...

  • *Wheat down more than 18 pct for July. *Corn set for monthly loss of more than 10 pct. "The dryness issues in parts of Europe, Canada and Argentina remain but that is not leaving the market on the precipice of new crop downgrades," said Tobin Gorey, director of agricultural strategy, Commonwealth Bank of Australia in a note to clients.

  • SYDNEY, July 31- U.S. soybeans held steady on Friday, though the oilseed was heading for a fourth consecutive weekly loss, as the market weighed up whether signs of growing export demand would start to erode ample supplies more quickly. *Corn touched a five-week low of $3.75-3/ 4 a bushel on Thursday. *Wheat fell to a five-week low of $4.93-1/ 4 a bushel on Thursday.

  • CHICAGO, July 30- U.S. soybean futures rose on Thursday as signs of growing export demand threatened to cut into an already thin supply base, traders said. Corn futures also firmed, with bargain hunters and technical buyers stepping into the market after prices fell to a five-week low. Chicago Board of Trade August soybean futures settled up 7-1/ 4 cents at $9.90-1/ 4...

  • Just days into the second-quarter earnings season, Chevron Corp and Royal Dutch Shell Plc said they would slash a combined 8,000 thousand jobs around the world. In North Dakota, Whiting Petroleum Corp, the top producer in the No. 2 U.S. oil patch, cut its capital expenditure budget days after optimistically raising it 15 percent on bets the renewed downturn in...

  • Vice president of flight operations Greg Baden and director of flight safety Michael Wuerger were at the controls of the July 23 flight with 144 passengers on board, the airline said. The plane left Las Vegas more than an hour behind schedule, according to tracking service FlightAware.com. The airline said that's because a passenger had a medical emergency in...

  • *Corn, wheat up after previous session losses. SINGAPORE/ PARIS, July 30- Chicago soybeans gained more ground on Thursday, and have now risen 3.3 percent over three consecutive sessions, on concerns over a smaller planted area and ahead of the crop's key phase of development. Chicago Board of Trade August soybeans rose 1.0 percent to $9.93 a bushel by 1000 GMT, while...

  • SINGAPORE, July 30- Chicago soybeans gained more ground on Thursday, rising 2.4 percent in three consecutive sessions on concerns over a smaller planted area and ahead of the crop's key phase of development. Corn edged higher after dropping 1.9 percent on Wednesday as forecasts of favorable weather boosted hopes of near record yields, while wheat rose,...

  • UPDATE 1-U.S. sets new final rule on oil, ethanol trains Wednesday, 29 Jul 2015 | 3:32 PM ET

    WASHINGTON, July 29- The Obama administration on Wednesday released a new regulation intended to prevent explosive rail disasters such as the 2013 oil train derailment that killed 47 people and destroyed part of Lac-Megantic, Quebec. A series of oil train accidents in recent years led the United States and Canada in May to announce sweeping new safety...

  • WILLISTON, N.D., July 29- U.S. oil companies, under renewed pressure from falling crude prices, are increasingly tweaking and mixing fracking technologies as they scramble to squeeze more out of wells and eke out profits after rounds of cost-cutting. Shale oil firms need the experiments to payoff now more so than before given that oil prices have resumed their...

  • With soybean yields largely determined in August and questions about the size of planted area, there is still uncertainty about the crop, said Terry Linn, analyst at The Linn Group in Chicago. Chicago Board of Trade August soybeans rose 10 cents or 1 percent to $9.84-3/ 4 a bushel at 9:56 a.m. CDT. September corn fell 5 cents or 1.3 percent to $3.70 a bushel, after...