Saturday, June 18, 2011
Friday, June 17, 2011
"Buy land, they aren't making it anymore."
Nits aside, the real problem with the quotation is its misuse. It may justify the desire to acquire land; it doesn't justify paying too much for it.
As seen on DTN Morning Snapshot
Our Reply: Good Article by Urban Lehner, to read click here.
Thursday, June 16, 2011
Another Day of Fear in the Markets
Grain and oilseed prices showed signs of bouncing late Wednesday when the Greek Premier offered to resign if his opponents would agree to needed spending cuts. Grain prices continued to rise early in the overnight session, but then were pulled lower with most other commodity and equity markets as fear returned to the financial world.
Investors took the premier's resignation offer as a panic response, suggesting that the situation was out of hand.
As seen on Daily Farm Futures Email Blast
Crop Tour Sponsor Update
Grower Host- Rick Johnson, Liberty Township
Our Reply: Thank You Rick for sponsoring and agreeing to help measure on the 20th!
Our Reply: Thank You Rick for sponsoring and agreeing to help measure on the 20th!
Higher opens for hogs, cattle futures
Lean Hogs are expected to start the day session steady to 20 cents higher, Brugler Marketing said Thursday morning.
Cattle futures are called 10 to 25 cents higher this morning.
As Seen on marketwatchonline.com
Cattle futures are called 10 to 25 cents higher this morning.
As Seen on marketwatchonline.com
Wednesday, June 15, 2011
Sale Toppers
Fat Heifers-
$112.00 / 1215 lbs (1 hd) - John W. Even of Fairbank
As seen on Waverly Auction Company Website
Interest Rates
According to The Kiplinger Letter... "Lending rates will remain in a comfortable zone for some time with the Prime being no higher than 4.5% by 2013.
Our Reply: Prime rate today is 3.25%, so it looks like rates will remain favorable if your borrowing and stink if you got the CASH!
Our Reply: Prime rate today is 3.25%, so it looks like rates will remain favorable if your borrowing and stink if you got the CASH!
Plan to Eliminate Blenders' Credit Fails
Senators from ethanol-producing states were able to fend off the attack, and argued that, unlike the oil industry, the ethanol industry realizes changes are needed and is willing to work on those issues.
"We are going to see a change in the federal support for ethanol," said Sen. Amy Klobuchar, D-Minn., on the Senate floor. "The time to do it is not in the middle of the year." As seen on dtnprogressivefarmer.com
Tuesday, June 14, 2011
2011 Crop Tour Event Sponsor
Event Sponsor for 2011 Buchanan County Crop Tour
Thank You Tim Rasmussen!
Call Pete @ 319-327-0806 if you would like to help sponsor the 2011 "News From The Coffee Shop" Buchanan County Crop Tour (only 1 event sponsorships remaining)
Monday, June 13, 2011
Visitors- Last 30 Days
Visitors
5,500
News From The Coffee Shop is quickly becoming Buchanan County's go to source for Ag related news and information!!
Tell your family, friends, co-workers and clients TODAY!
SOLO 401K's
If your a farmer without any employees other than family, you're eligible to contribute amounts up to $60,000 annually to your own Solo 401k.
In the world of high corn prices and record incomes, this may be a solution to lowering your taxable income without using deprecation on piece of machinery that you may not need!
Contact Pete at 319-327-0806 or prburmeister@gmail.com and he'll put you in touch with someone who can help by explaining the details and reviewing your situation.
Thoughts on the Markets
In the end, we will likely see final planted corn acreage between 89.5 and 90 million acres, down from USDA's March 31 estimate of 92.2 million. The national average yield must increase by 2 bushels per acre to offset each million acres that go unplanted, just to maintain stocks at a tight level in the year ahead. As Seen on Farm Futures Daily Email Blast
Soybean prices are consolidating in a relatively tight range around $14. Prices could go $2 either way of current levels in the months ahead depending on perceptions about this year's crop and China's ability to jump-start demand once again. As Seen on Farm Futuers Daily Email Blast
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