Business Team Leader

Evan Ramstad is a team leader in business news, working with reporters who cover the food industry from field to fork. He also writes about technology, banking and the economy.

He moved to the Twin Cities and joined the Star Tribune in 2013. Ramstad previously worked for The Wall Street Journal in Seoul, Hong Kong and Dallas, and the Associated Press in New York, Washington and Dallas and briefly at the St. Paul Pioneer Press. He grew up in Grinnell, Iowa, where he got a start in journalism at radio station KGRN.


As soybean prices and demand soars, Cargill expands soy processing sites

Cargill Inc. said it will spend $475 million to expand and update soybean processing plants in seven states, raising capacity at a moment when demand…


Bakers, pet lovers lifted profits for Land O'Lakes in 2020

As farmers cut back in some areas, the giant cooperative relied more heavily on butter, pet food sales for growth.


Bremer fight flares as bank board tries to boot trustees

Two trustees refused to resign, but other directors decided not to renominate them for another board term.


Hormel CEO frustrated by lack of COVID-19 vaccine access for workers

Snee said some states have placed a priority on meatpacking workers, but he is 'incredibly frustrated' overall.


Sorenson, Minnesotan who became CEO of Marriott, dies of cancer at 62

He grew up in St. Paul, got a law degree at the U and became the first outsider to lead Marriott.


Is Tesla worth a trillion dollars? You bet, says a Minnesota analyst

A Piper Sandler analyst makes an aggressive call on Tesla, just like one did on Apple in the early 2000s.


Buyer of Eden Prairie's MTS finds another buyer for its biggest business

Amphenol said last month it would review MTS test business and found a buyer quickly.


For Minnesota farmers, 2020 was nothing like they expected and surprisingly profitable

The continuing pandemic, a trade war and natural disaster blew apart all expectations.


Diary of a miss: Coronavirus lesson of humility for Minnesota professional investors

Analysts admit they could have done a better job after first hearing about the virus.


With Sezzle now worth more than $1 billion, CEO describes a year on a rocket ship

During the Black Friday to Cyber Monday weekend two years ago, about 8,000 people for the first time used Sezzle Inc.'s payment system when they…