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Business

Futures File

FED votes 11-1 in favor of .50% rate cut The most anticipated FED announcement in recent memory was finally revealed on Wednesday and the decision was made to reduce rates from 5-5.25% down to 4.75-5% with a .50% cut. Board Governor Michelle Bowman was the one dissenter favoring a smaller 25 ...

FUTURES FILE: Russia, Ukraine conflict crosses old boundaries

Roughly five weeks ago Ukraine forces crossed the border into Russia’s Kursk region in a surprise move escalating a two-and-a-half-year conflict by stepping over a line that had not been crossed to that point. This week Russia was accused of striking a civilian grain vessel carrying Ukrainian ...

Building permits

City of Minot August – Katy Mattson, 631 1st St. NW, install dormer, $3,000. – Ryan and Ginger Bessette, Hight Construction, 1104 11th St. SW, install patio door, build deck, $18,000. – Emiley Kertscher, J2B Contracting, 2500 Bel Air Dr. rebuild deck with ramp, $19,500. – ...

Futures File

Corn prices: Don’t call it comeback For the second week in a row corn prices were positive on the week, leading some to speculate that the lows may be in. On Aug. 26, September corn futures hit a low of $3.605/bu. The high for the September contract this past week was $3.9125/bu. In that ...

Beware of asphalt contractor scam

If your driveway is looking a little worn, beware of the asphalt contractor scam, according to the North Dakota Attorney General’s Consumer Protection Division. Victims may not just be out thousands of dollars on the scammers’ inferior work but could face additional costly problems. One ...

Futures File

Chasing record yields The Pro Farmer Tour commenced this past week. It’s a tour where the participants travel on routes spanning from Ohio to Nebraska, making stops along the way doing field checks of corn and soybeans. The spot yield checks weren’t all home runs but there were enough to ...