Saturday, July 2, 2011
Friday, July 1, 2011
Hog Roast Reminder
Hog roast Sat July 2 @ Andy White's. Party all day, food @ 6pm & fireworks later... From Jason Palmer via text message
Our Reply: Pouge's cooking... Food will be awesome!
Our Reply: Pouge's cooking... Food will be awesome!
3 Spots Left
There are only three Grower Host Sponsorship spots remaining for the 2011 Crop Tour!
If you farm in Fairbank, Hazleton, or Jefferson township and
would like to host the tour call Pete today!
319-327-0806
Opening Calls
Corn: 35 to 45 cents lower
Soybeans: 7 to 10 cents higher
Wheat: steady to 3 cents higher
Soybeans: 7 to 10 cents higher
Wheat: steady to 3 cents higher
Thursday, June 30, 2011
New Cards- Request Yours Today!
Contact Pete for a supply to pass out to family, friends,
co-workers, or clients!
"Tell them... You'll Hear it Here First!"
Curve Ball!
USDA's blow to corn farmers and traders was two-fold. First, it found enough bushels to peg June 1 corn stocks in all positions at 3.670 billion bushels. That's down from 4.310 billion the previous year, but it's up 346 million from the average trade pre-report estimate that had been factored into the market.
The date implies third quarter corn usage of just 2.85 billion bushels, down 530 million from the previous year. That's a bit puzzling, considering that recent reports indicated that livestock numbers were up from year ago levels during the period, as is ethanol production. Those two sectors make up the bulk of corn's demand.
Second, USDA estimated corn planting intentions at 92.2 million acres on March 31, but we all knew that every thing would have to go right for that many acres to get planted. It didn't, so USDA lowered its corn acreage estimate to 90.7 million on June 9, with many in the trade expecting a further reduction today. Yet, USDA raised its estimate to 92.3 million acres this morning, which is the second largest acreage since 1944.
Furthermore, USDA pegged this year's harvested acreage at 84.9 million, or 92% of planted acreage. That's above the 10-year average of 91%, which is kind of ironic in a year with so much flooding and ponding in fields.
As seen on Farm Futures Daily Email Blast
Crop Tour Sponsor Update
Grower Host- Merle Hershberger, Westburg Township
Our Reply: Thank you Merle!
Our Reply: Thank you Merle!
Crop Tour Sponsor Update
Grower Host- Daryl Higgins, Liberty Township
Our Reply: Thanks for the interest Daryl!
Our Reply: Thanks for the interest Daryl!
Crop Tour Sponsor Update
Grower Host- Andy Johnson & Aaron Svoboda, Washington Township
Our Reply: Thanks guys!
Our Reply: Thanks guys!
Raised by Rick Frye
National Champion Maine Steer at Maine Junior National held in KC!
As seen on Rick's blog.
Wednesday, June 29, 2011
Crop Growth Right on Target
Not specifically Buchanan Co, but NE Iowa Ag related article...Info would be good for the blog...From Michelle Keninger via email
Click Here to read more about this article in the Waterloo Courier highlighting the crop conditions in Northeast Iowa
Click Here to read more about this article in the Waterloo Courier highlighting the crop conditions in Northeast Iowa
NE District Scout Team Sponsor
Team Sponsor for 2011 Buchanan County Crop Tour
Thank You Aurora Elevator, Inc!
Call Pete @ 319-327-0806 if you would like to help sponsor the 2011 "News From The Coffee Shop" Buchanan County Crop Tour.
E15
The government approved E15 labels today warning against use in older vehicles
As seen on marketwatchonline.com
As seen on marketwatchonline.com
Tuesday, June 28, 2011
Sale Toppers
Top Beef Steer-
$116.75 Dan Schmitt of Winthrop on 2 head weighing 1315 lbs
$116.75 Dan Schmitt of Winthrop on 2 head weighing 1315 lbs
Cow Top-
$80.00 Duane Kuhn of Walker
2 head 1545 & 1170 lbs
Bull Top-
$90.00 Rick Gordon of Vinton
1 head 2240 lbs
As seen on Manchester Livestock Auction's website.
Corn on a Tear
CORN JUL1 683+22.25s
BEANS JUL1 1330.75+1s
LCAT AUG1 112.05+0.675
LHOG JUL1 94.375+0.225
Our Reply: New crop corn up 26 cents on the day!
BEANS JUL1 1330.75+1s
LCAT AUG1 112.05+0.675
LHOG JUL1 94.375+0.225
Our Reply: New crop corn up 26 cents on the day!
Quotable Quote
Money doesn't always bring happiness. People with ten million dollars are no happier than people with nine million dollars. - Hobart Brown
Our Reply: We don't know if this is true or not!
From Wendy Sperfslage
On my way home from Kearney, Nebraska...Crops look excellent, but they don't need any more water right now... Via text message
Our Reply: Thanks for the update Wendy, keep em' coming!
Our Reply: Thanks for the update Wendy, keep em' coming!
Hog Roast
Hog roast Sat July 2 @ Andy White's. Party all day, food @ 6pm & fireworks later... From Jason Palmer via text message
Our Reply: Pouge will be cooking... Food will be awesome!
Depreciation Do-Over
Earlier this year, I had a mild rant about Congress changing the depreciation rules in December 2010, retroactive to Sept. 8. Apparently, bad behavior begets more, as the IRS has now shown up late, too. In the last days of March, after most farm and business tax returns were filed, they issued guidance on how this transition from 50% to 100% bonus depreciation was to take place.
For more on this article by DTN Columnist Andy Biebl, Click here
SE District Scout Team Sponsor
Team Sponsor for 2011 Buchanan County Crop Tour
Thank You Security State Bank!
Member FDIC Equal Housing Lender
Call Pete @ 319-327-0806 if you would still like to help sponsor the 2011 "News From The Coffee Shop" Buchanan County Crop Tour.
USDA Crop Progress Report
Monday afternoon's USDA crop progress and condition report showed modest deterioration of the nation's corn, soybean and wheat crops, largely due to excessive rains. Yet, corn and soybean ratings remain near the long-term average for this time of year. Commodity Weather Group expects these subjective crop ratings to remain relatively good through July due to a generally favorable weather pattern, but is concerned that heat and dryness issues may develop in the western Midwest in August when late corn is pollinating and soybeans are setting and filling pods.
As seen on Farm Futures Daily E-mail Blast
Monday, June 27, 2011
Poll Question
Be sure to vote on the Poll Question on the right side of the Blog if you haven't already... only 1 day left to go!
We Still Need Grower Hosts!
These local producers are on board... You should be too!
Fairbank Township- 1) Troy Kane
Fairbank Township- 1) Troy Kane
Sumner Township- 1) Benji Michels
2) Chuck Mazur
2) Chuck Mazur
Homer Township- 1) Randy Ratchford
2) Richard Crain
2) Richard Crain
Liberty Township- 1) Rick Johnson
Perry Township- 1) Vogel Farms
Madison Township- 1) Tim Rathe
Hazleton Township- 1) Frye Farms
Cono Township- 1) Scott Nelson
Newton Township- 1) Don Kuhn
Buffalo Township- 1) Doug Rathbun
Westburg Township- 1) Donnie Strauel
Fremont Township- 1) Paris Farms
Washington Township- 1) Kevin Klotzbach
We need 2 producers in each township. Call Pete at 319-327-0806 to reserve your farm as a stop on the 2011 Crop Tour Yield Estimation Contest!
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