Business

March 1, 2021

House defeats bill for state to join Interstate Coop Meatpacking Compact

PIERRE, SD – The South Dakota House, on a 37 to 30 vote, defeated HB 1219 known as the Interstate Cooperative Meatpacking Compact. South Dakota Cattlemen’s Association Executive Director Jodie Anderson whose group opposed the bill, says while on the surface the measure looked good would have created more problems than it would have solved. […]

March 1, 2021

Stockgrowers, Wall Meats, Edoff Ranch provide local beef to Boys Club

RAPID CITY, SD – A special beef delivery was made to the Rapid City Club for Boys through a collaboration of supporters who want to put locally-produced meat on the tables of local people. Wall Meat Processing, Wall, SD, helped launch the first Beef-to-School Program in South Dakota two years ago. It allows for locally […]

March 1, 2021

Survey: Economy grows, but inflation, shipping worries loom

OMAHA, Neb. (AP) — A new monthly survey shows continued economic improvement in nine Midwest and Plains states, but business leaders expressed concerns about rising inflation and bottlenecks in the supply chain causing delays. The Creighton University Mid-America Business Conditions for February released Monday came in at a strong 69.6 from January’s 67.3. Any score […]

March 1, 2021

South Dakota gas prices rise 9.3 cents per gallon to open March

UNDATED – South Dakota gas prices have risen 9.3 cents per gallon in the past week, averaging $2.62/g today, according to GasBuddy’s daily survey of 628 stations in South Dakota. Gas prices in South Dakota are 29.1 cents per gallon higher than a month ago and stand 32.8 cents per gallon higher than a year […]

March 1, 2021

CFAP sign up extended, legislation introduced on ag PPP

WASHINGTON, DC – Along with an extension by the USDA to the deadline for ranchers and farmers to apply for another round of the Coronavirus Food Assistance Program (CFAP), at least one congressman has introduced legislation to provide producers with more flexibility in applying for the Paycheck Protection Program (PPP). American Farm Bureau recently asked […]

February 26, 2021

$15 million restitution ordered for fraud case reaching into multiple states

SIOUX FALLS, S.D. (AP) — Restitution of more than $15 million has been ordered in South Dakota for the man who defrauded wholesale seed distributors by passing off non-organic products as more expensive organic goods. An earlier sentencing document had not listed the amount of restitution for Kent Duane Anderson, of Bradenton, Florida. Restitution has […]

February 26, 2021

Airbnb reports huge loss in first time out as public company

UNDATED (AP) — In Airbnb’s first financial report as a public company, the home-sharing site has posted a loss of $3.9 billion for the fourth quarter of 2020. The home-sharing business was hurt by the pandemic downturn in travel and recorded costs for becoming a public company. It’s taking a charge of $2.8 billion for […]

February 26, 2021

Unemployment Claims Filed for Week Ending Feb. 20

PIERRE, S.D. – During the week of Feb. 14-20, a total of 439 initial weekly claims for state unemployment benefits were processed by the Department of Labor and Regulation. This is a decrease of 169 claims from the prior week’s total of 608. A total of $1.5 million was paid out in state benefits, in […]

February 24, 2021

Vilsack confirmed as US Agriculture Secretary

WASHINGTON, DC – The U.S. Senate on Tuesday voted 92-7 to confirm former Iowa Gov. Tom Vilsack as secretary of the U.S. Department of Agriculture. Vilsack is returning to the department after leading the USDA under the Obama administration for eight years. He also served as governor of Iowa from 1999 to 2007. Not all […]

February 23, 2021

Cherokee Nation asks Jeep to stop using tribe’s name

TAHLEQUAH, OK –The  principal chief of the Cherokee Nation (also known as the Cherokee Nation of Oklahoma – the largest of three Cherokee federally recognized tribes in the United States),  has asked Jeep to stop using the tribe’s name on its SUVs. The Jeep Cherokee was first introduced in 1974. The Grand Cherokee, with a […]