No Sale!
Friday, January 27, 2012
Shreeves Trust Auction today at 5pm
Tune into News From The Coffee Shop for live coverage of this sale!
Opening Comments
Parcel A will sell first on a per tillable acre basis- 77 acres total
Parcel B will sell 2nd with 98.4 tillable acres selling
Parcel C - the farm will be put back together and sold as one unit
Farmland Auction Begins in 10 Min
Update your browser often for live coverage of the 88CSR farm beginning in 10 minutes!
Twitter Feed @newscoffeeshop
Growing ur #farm can b challenging. The Bader family of Jesup used CSIF 2 find answers 2 their tough ?s http://t.co/0mv0IWYb -- supportfarmers (@supportfarmers)
Thursday, January 26, 2012
Twitter Feed @newscoffeeshop
Fed Monetary Policy Supports #Grains #constantcontact http://t.co/H3Sd0xus -- allendale_Paul (@allendale_Paul)
Wednesday, January 25, 2012
Pete Burmeister (@newscoffeeshop) has shared a tweet with you
Agriculture takeouts from last night's State of the Union http://t.co/4zYafe85 -- AgWebEditor (@AgWebEditor)
Farm Sale this Friday
TWO BIG SALES IN ONE DAY AND ONE LOCATION
We'll be covering both auctions live on the blog this coming Friday afternoon Jan. 27th, 2012. Stay in the know about land prices in our area with late breaking coverage live on the News From The Coffee Shop Blog!
Real Estate on Hold
"If I consider myself a caretaker of the land (not an investor who gets in and out of the market), my best recommendation is to get out of debt. Then it doesn't matter what happens to land prices. One way or another, we will need to deal with the federal budget deficit and agriculture will be a target for policy makers," Malanga warned.
Click to read the Full Article by Elizabeth Williams
Click to read the Full Article by Elizabeth Williams
Tuesday, January 24, 2012
Monday, January 23, 2012
S:GROWERSEDGE.MOBI M:CORN MAR2 620+8.5s
BEANS MAR2 1217.5+30.5s
LCAT FEB2 124.725+0.175
LHOG FEB2 86.475+1.15
BEANS MAR2 1217.5+30.5s
LCAT FEB2 124.725+0.175
LHOG FEB2 86.475+1.15
Eastern IA Farmland Auctions
TWO BIG SALES IN ONE DAY AND ONE LOCATION
We'll be covering both auctions live on the blog this coming Friday afternoon Jan. 27th, 2012. Stay in the know about land prices in our area with late breaking coverage live on the News From The Coffee Shop Blog!
Opening Calls
CORN: Corn futures are called 1 to 6 cents higher this morning based mostly on overnight Globex activity, Brugler Marketing reported Monday morning. The euro is stronger vs. the dollar, while the Chinese yuan is weaker. Corn was up 12 cents last week in the old crop March contract. Informa Economics raised their 2012 corn plantings estimate to 94.75 million acres up from the previous estimate of 94.4 million.
SOYBEANS: Soybean futures are expected to start the day session 10 to 15 cents higher. Nearby beans were up 28.75 cents for last week, according to Brugler Marketing. Informa Economics lowered their soybean plantings estimate for 2012 to 74.568 million acres. The IGC lowered projected global soybean production for 2011/12 to 256 MMT, putting Brazil at 71.8 MMT and in line with the CONAB estimate.
Hogs, cattle expected to be 20 cents higher
HOGS: Pork in Cold Storage the end of December was at 481,673,000 pounds versus 475,829,000 pounds in December 2010, Brugler Marketing said. IA/MN hogs were up $0.14 on Friday. The CME Lean Hog Index was at $84.96. Weekly slaughter is estimated at 2.064 million head compared to 2.083 million for the same period last year. Pork trading was slow to moderate with light to moderate demand and offerings. The Carcass cutout was higher Friday on 62.13 loads.
CATTLE: Brugler Marketing reported the monthly Cattle on Feed report on Friday showed January On Feed at 103% vs. the average trade estimate of 103.3%, December Placement estimates were 94.1% vs. 94.2% for the average guess and the December marketings were 98.1% vs. the average guess of 97%.
SOYBEANS: Soybean futures are expected to start the day session 10 to 15 cents higher. Nearby beans were up 28.75 cents for last week, according to Brugler Marketing. Informa Economics lowered their soybean plantings estimate for 2012 to 74.568 million acres. The IGC lowered projected global soybean production for 2011/12 to 256 MMT, putting Brazil at 71.8 MMT and in line with the CONAB estimate.
Hogs, cattle expected to be 20 cents higher
HOGS: Pork in Cold Storage the end of December was at 481,673,000 pounds versus 475,829,000 pounds in December 2010, Brugler Marketing said. IA/MN hogs were up $0.14 on Friday. The CME Lean Hog Index was at $84.96. Weekly slaughter is estimated at 2.064 million head compared to 2.083 million for the same period last year. Pork trading was slow to moderate with light to moderate demand and offerings. The Carcass cutout was higher Friday on 62.13 loads.
CATTLE: Brugler Marketing reported the monthly Cattle on Feed report on Friday showed January On Feed at 103% vs. the average trade estimate of 103.3%, December Placement estimates were 94.1% vs. 94.2% for the average guess and the December marketings were 98.1% vs. the average guess of 97%.
Sunday, January 22, 2012
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