RRFN
A Weekly Update From Your Friends at the Red River
Farm Network
Monday, February 11, 2013
"Mississippi River Levels Improve — Mosaic
Company’s Northern Plains account manager Michael
Hubert says the river situation has improved due to
recent weather events in the Ohio River Valley and the
upper Mississippi River. “We’re seeing good snow melt
and so forth that is bringing the river back up to levels
that we can operate; so right now we’re saying the
river situation has gotten significantly better.” Hubert
addressed the Northwest Farm Managers Association’s
annual meeting in Fargo, and said farmers and
retailers are still reluctant to stockpile fertilizer after
the price crash in 2008."
Plans Announced to Construct a Diesel Refinery in
North Dakota — North Dakota Governor Jack
Dalrymple and MDU Resources Group, Inc. have
announced plans to build a diesel refinery near
Dickinson. MDU Resources and Indiana-based Calumet
Specialty Products Partners have formed a joint
venture, Dakota Prairie Refining, to build and operate a
refinery capable of processing 20,000 barrels of
Bakken crude oil per day. Dave Goodin is President and
CEO of MDU Resources. “We feel, based on feasibility
studies, this is approximately a 20-month project; we
believe by the 4th quarter of 2014 this refinery could
be up and operating," Goodin said, "the construction
cost is estimated between $280 to $300 million. The
state will assist MDU and Calumet throughout the
planning process.
www.rrfn.com
A Weekly Update From Your Friends at the Red River
Farm Network
Monday, February 11, 2013
"Mississippi River Levels Improve — Mosaic
Company’s Northern Plains account manager Michael
Hubert says the river situation has improved due to
recent weather events in the Ohio River Valley and the
upper Mississippi River. “We’re seeing good snow melt
and so forth that is bringing the river back up to levels
that we can operate; so right now we’re saying the
river situation has gotten significantly better.” Hubert
addressed the Northwest Farm Managers Association’s
annual meeting in Fargo, and said farmers and
retailers are still reluctant to stockpile fertilizer after
the price crash in 2008."
Plans Announced to Construct a Diesel Refinery in
North Dakota — North Dakota Governor Jack
Dalrymple and MDU Resources Group, Inc. have
announced plans to build a diesel refinery near
Dickinson. MDU Resources and Indiana-based Calumet
Specialty Products Partners have formed a joint
venture, Dakota Prairie Refining, to build and operate a
refinery capable of processing 20,000 barrels of
Bakken crude oil per day. Dave Goodin is President and
CEO of MDU Resources. “We feel, based on feasibility
studies, this is approximately a 20-month project; we
believe by the 4th quarter of 2014 this refinery could
be up and operating," Goodin said, "the construction
cost is estimated between $280 to $300 million. The
state will assist MDU and Calumet throughout the
planning process.
www.rrfn.com
Comment