110 acres in Christian Co IL sold at auction today for $15,800 an acre. I do not know who bought it. -- Cory Ritter (@CoryRitter)
Thursday, January 31, 2013
Tuesday, January 29, 2013
Bald Eagle Rehabilitated
 |
| It's a Bald Eagle! Eagle found near death east of Winthrop, IA was rehabilitated and released. |
Bearwolf
 |
| The guy in the photo is a salesman for Kolbe & Kolbe who owns a cabin up in Woodruff, WI. Wouldn't that cause the ole ticker to kick up a notch if it appeared in your path while out for an evening in the forest!? This is not a bear, it's a 182 lb. wolf killed near Woodrufff, WI. I'll call it a "Bearwolf" |
Japan’s 20-month rule ends on Feb. 1
The U.S. beef industry began this week with positive news that access to the Japanese market will improve significantly. Following a week of rumors and unofficial statements, U.S. Trade Representative Ron Kirk and United States Agriculture Secretary Tom Vilsack announced Monday morning that the United States and Japan have agreed on new terms and conditions under which Japan will allow imports of U.S. beef from cattle up to 30 months of age beginning February 1.
Article By: John Maday, Managing Editor, Drovers CattleNetwork
Article By: John Maday, Managing Editor, Drovers CattleNetwork
Friday, January 25, 2013
Full-Time Job Posted
Full time position in the Independence, IA. area with established agricultural consulting firm. Advancement potential, salary plus bonus. Job duties include field mapping, soil sampling, field scouting and record keeping. NO PRODUCTS SOLD. Knowledge of agronomy and crop production a must. Agronomy or related degree preferred.
Forward resume and references to Taralan Corporation, Attn: Jess Ragsdale 2406 King Ave, Independence, IA. 50644 or by email to jessicaschmitz@hotmail.com
Van Trump's take on corn market
Regardless of your opinion, you can not dispute the fact that money has been leaving the trade. Just in the past 30-days the funds have dumped over 50,000 long corn contracts and more than 40,000 soybean contracts. Remember, at one point in time last year the funds were long close to 500,000 corn contracts, now that number is closer to 200,000. They were also long close to 300,000 soybean contracts, now they have less than 100,000 long soy contracts. If you believe the "funds" are the horsepower that drive our pricing engines than you can clearly see we have gone from sitting behind the wheel of a new Ford Mustang Shelby GT 500, that is pushing 660 plus horses, to driving a 4-cyl Ford Focus, that is spurting up every hill as it pushes only 160 horses.
In a nut shell, we need more fuel on the fire, we need more bullish stories to get the funds excited and back in the game. The problem is I am just not seeing it near-term. Sure, one could argue that there is a US weather story brewing, unfortunately that is still a little ways off on the horizon. You could argue increasing Chinese demand, but from what I have heard the past couple of days the Chinese soy crush margins seem to be softening, and there is talk now that their demand will setback even further during and immediately following their upcoming Lunar New Year Holiday, therefore we are not as bullish as we once were about near-term old-crop Chinese demand. We were also hoping South America would have been sold out of corn exports by now, but that is obviously not the case as they continue to win over more and more traditional US purchasers. There is also no real South American weather story to speak of. Yes, Argentina is dry in some areas, but it is lacking the extreme heat to drastically reduce the crop, and it seems that every reduction in Argentina production is meet by an equal or greater increase in Brazilian production, net-net nothing real exciting or bullish to speak of on the South American front. One could also make a bullish argument about the extreme heat in Australia, the problem is planting is still two-months away, so there is just too much time still remaining to get overly excited about this story as well.
I would like to be as bullish as every other producer out there, the problem is until we get some type of NEW, near-term bullish "headlines" that excite the managed-money, I am afraid we are going to be stuck cruising around town in our less than powerful, fuel-friendly Ford Focus. Understand, there is nothing wrong with a Ford Focus, but with as much weight as we currently have in our vehicle (meaning with corn prices already above $7.00 near-term), we are going to have a real tough time climbing, at any rate speed, up the next price mountain. A Ford Focus down on flat ground around $4.50 performs a whole lot different than a Ford Focus heavily weighted down up in peaks of the Rocky Mountains.
Some of the most worldly advice on the trading floor is that bull markets most always end on bullish news and bear markets on bearish news. In other words you will know a bull market has ran its course when it no longer reacts positively to bullish news. Likewise you will know when a bearish market is close to ending by when the market no longer moves lower on bearish news. Think about this for a second, the USDA yesterday announced a sale of 620,000 metric tons of new crop soybeans (over 1.2 million the past couple of weeks)...yet the NOV13 soybean contract did next to nothing, in fact at one point following the sales announcement the new-crop bean contract actually traded down over -$0.10 cents. My point is this is not the type of reaction you would traditionally see from a "bullish" market. I have learned through the years, the markets are somewhat like your own kids, be careful when they are acting sick, strange, or just not being themselves...its generally a sign that they are about to puke!
As seen on the Van Trump Report
In a nut shell, we need more fuel on the fire, we need more bullish stories to get the funds excited and back in the game. The problem is I am just not seeing it near-term. Sure, one could argue that there is a US weather story brewing, unfortunately that is still a little ways off on the horizon. You could argue increasing Chinese demand, but from what I have heard the past couple of days the Chinese soy crush margins seem to be softening, and there is talk now that their demand will setback even further during and immediately following their upcoming Lunar New Year Holiday, therefore we are not as bullish as we once were about near-term old-crop Chinese demand. We were also hoping South America would have been sold out of corn exports by now, but that is obviously not the case as they continue to win over more and more traditional US purchasers. There is also no real South American weather story to speak of. Yes, Argentina is dry in some areas, but it is lacking the extreme heat to drastically reduce the crop, and it seems that every reduction in Argentina production is meet by an equal or greater increase in Brazilian production, net-net nothing real exciting or bullish to speak of on the South American front. One could also make a bullish argument about the extreme heat in Australia, the problem is planting is still two-months away, so there is just too much time still remaining to get overly excited about this story as well.
I would like to be as bullish as every other producer out there, the problem is until we get some type of NEW, near-term bullish "headlines" that excite the managed-money, I am afraid we are going to be stuck cruising around town in our less than powerful, fuel-friendly Ford Focus. Understand, there is nothing wrong with a Ford Focus, but with as much weight as we currently have in our vehicle (meaning with corn prices already above $7.00 near-term), we are going to have a real tough time climbing, at any rate speed, up the next price mountain. A Ford Focus down on flat ground around $4.50 performs a whole lot different than a Ford Focus heavily weighted down up in peaks of the Rocky Mountains.
Some of the most worldly advice on the trading floor is that bull markets most always end on bullish news and bear markets on bearish news. In other words you will know a bull market has ran its course when it no longer reacts positively to bullish news. Likewise you will know when a bearish market is close to ending by when the market no longer moves lower on bearish news. Think about this for a second, the USDA yesterday announced a sale of 620,000 metric tons of new crop soybeans (over 1.2 million the past couple of weeks)...yet the NOV13 soybean contract did next to nothing, in fact at one point following the sales announcement the new-crop bean contract actually traded down over -$0.10 cents. My point is this is not the type of reaction you would traditionally see from a "bullish" market. I have learned through the years, the markets are somewhat like your own kids, be careful when they are acting sick, strange, or just not being themselves...its generally a sign that they are about to puke!
As seen on the Van Trump Report
Still Dry
Iowa is v. dry! Yr ago 30% of Iowa in D1 or worse drought, now 100%. Yr ago 0% D3 or worse, now 32%. http://t.co/NVmukv39 #NeedRain #IowaAg -- Bill Northey (@BNorthey)
Thursday, January 24, 2013
Wrestling match tonight!
I am 34 years old and I still hate Manchester West Delaware. #gomustangs #letsgoindee -- Andy Johnson (@thejud22)
Cool Recap of 2013 NWSS in Denver
Vansickle Cattle Co.: Denver Post Trip: Sorry I am just now getting to this post, it has been quite a whirlwind since we got home from a great weekend in Denver, and let me tell yo...
Exports
USDA announces 510,000 new crop #soybeans to china and 113,000 of new crop beans to unknown -- Paul Georgy (@allendale_Paul)
Feedback
“@newscoffeeshop: Drought Documentary: A Dry Season http://t.co/XFLLO6Qv” cool stuff Pete -- Jason Smith (@DollarsAndDirt)
Wednesday, January 23, 2013
ICA sponsored Financial Meeting
The inside info on telling your lender why your cattle operation is a good investment. Register now. http://t.co/adQ9ELuB -- Iowa Cattlemen (@IAcattlemen)
Quotable Quote
“Not everything that can be counted counts, and not everything that counts can be counted.” ~ Albert Einstein (1879-1955)
Tribine Prototype Harvests and Carries 1,000 Bushels
http://www.agweb.com/article/tribine_prototype_harvests_and_carries_1000_bushels/
From Scott Hingtgen- Jackson County, IA
Tuesday, January 22, 2013
Soybeans to China
USDA says 120,000 new crop #beans sold to china from optional origin. -- Paul Georgy (@allendale_Paul)
Monday, January 21, 2013
ICA Meeting on Tuesday Jan 22nd
Enroute to Sioux City for ICA's #feedlot forum tomorrow #roadtrip #iowatravels -- Justine Stevenson (@farmers_gal)
Saturday, January 19, 2013
Funnies
George doesn't know his phone sends all pics to Facebook. JERRY: "I knew your life was sad...But not this sad. GEORGE: "Oh it's SAD, JERRY!" -- Modern Seinfeld (@SeinfeldToday)
Tuesday, January 15, 2013
Rudolphi's Burning: CUT THE CRAP
Rudolphi's Burning on
News From The Coffee Shop
January 15, 2013 9:55 PM
Cut the Crap
At some point in your life, everyone comes to the realization that if you continue to eat junk food and go on prolonged benders that life might be a fairly short experience. I have recently come to this conclusion myself. Therefore I have begun to make a conscious effort in regards to my dietary choices.
With this mindset in place, I have also begun to pay a little more attention to the nutrition rhetoric that fills the newswires…and there’s plenty of it. There are all sorts of doctors and nutritionists, hungry for a buck that seemingly can’t make a name for themselves fast enough. They fill the news spouting off all sorts of facts and promises that their latest research has yielded, begging people to buy their latest book that promises life to age 120 or your money back.
With this mindset in place, I have also begun to pay a little more attention to the nutrition rhetoric that fills the newswires…and there’s plenty of it. There are all sorts of doctors and nutritionists, hungry for a buck that seemingly can’t make a name for themselves fast enough. They fill the news spouting off all sorts of facts and promises that their latest research has yielded, begging people to buy their latest book that promises life to age 120 or your money back.
Every day my wife gets up and tunes into liberal hour (The Today Show on NBC) while she is getting ready to go to work. She writes this television off as a sort of “guilty pleasure” but I am concerned that it might be wearing off a little bit—but that is a topic for another article. While she had it on, I was milling around and heard this lady talking about the dangers and drawbacks of farm raised salmon. Her argument contended that because farm raised salmon are fed a diet of…wait for it…wait for it…CORN and processed fish meal, that their meat is significantly lower in Omega 3 fatty acids (which are good for you and your heart –If you haven’t heard of these you probably need to get out a little more) than are wild caught salmon which have a different diet of wild plankton that are higher in Omega 3's?
What about the economics? The one area that always seems to go out the window is the cost. I have yet to see a nutritionist put the dollars and cents to one of their claims. Yes, wild caught salmon might have 5 grams of Omega 3s per serving vs. farm raised at 3 grams, but if wild caught costs 3x as much (which it does)…what is the true cost of Omega 3s per gram?
And finally, we need to ask the question that even if farm raised salmon is lower in Omega 3s than wild caught, is it still better for you than a Big Mac? This type of relativity is seldom discussed or rationalized. The nutritional types seem to have no room for logical middle ground such as this.
And finally, we need to ask the question that even if farm raised salmon is lower in Omega 3s than wild caught, is it still better for you than a Big Mac? This type of relativity is seldom discussed or rationalized. The nutritional types seem to have no room for logical middle ground such as this.
Getting to the PointI told you that story so I could tell you this one. As a society we have become less discerning in our information sources. We have adopted an attitude that if it is on the airwaves or published in print that it is credible, and it is not. The standards for getting something published for everyone read or hear are incredibly low (look at what you are reading right now for God’s sake!).
When I was researching wild salmon vs. farm raised salmon I had to hit “next page” on Google 3 times to find an article that actually had documented scientific research and statistics. Each article prior to finding that one (20+ articles) was written as fact, but had no citations or research to back up the claims. Each day we continue to go through life spouting off facts with an “I read it somewhere”, “I heard it somewhere”, or “Someone told me that” mentality. We need to stop and check the real facts more often.
Applying this to Ag
Fall cash prices for both corn and soybeans certainly aren’t anything to write home about at this point -not relative to what we have seen. The talk of 100 million corn acres is a constant buzz. Soybean acres will be up at the expense of cotton.
As we get ready to manage the 2013 crop, in this type of an environment when the crop is still valuable, and producers are seeking many different ways to maximize their production, there are many companies with their hand out to take your money with the promise of increased yield.
Seed treatments, inoculants, ethylene inhibitors, 18 different fungicides, bactericides, growth regulators, sea weed extracts, foliar treatments, just to name a few.
Each of these products comes with the sales pitch that they have a “½ to 1 bushel breakeven”. On the cover, this sounds great. You weigh the risk/reward and in many cases figure that it is worth taking the chance on, and many times it is. There certainly are products and treatments that are proven winners that pay dividends time and time again. There are also products that have had variable results in limited trials-beware of these.
Don’t rely on the data provided in a product pamphlet, or a promise from your product rep. It is fine to trust people and companies that you have relationships with, but understand that that the words “Results may vary” are printed on the label for a reason. For the most part, large companies have extensive legal departments that verify what claims they can make in regards to their products, the smaller and startup companies take more chances and often times make statements that are more bold and promising.
The best solution is to do some digging of your own. Seek to understand the research, ask questions of others with experience, and understand how the research was performed. The environment on your farm might not be anything close to the setting that the data was published under, and therefore it might not be realistic to expect similar results and responses.
Understand the risk and potential reward that implementing a new practice might have for your operation. Because once the purchase is made and the money is spent it, it’s pretty tough to get it back…at least that’s what someone told me.
Editor's Note:
Rob Rudolphi resides in Eastern Iowa with his lovely wife Tara, where he is involved in several agricultural businesses. They currently have no kids, no dogs, and certainly no cats, and are generally up for anything involving a good time!
The mission of the column is to advocate agriculture, entertain (provided that you are entertainable), serve as a catalyst for critical thinking, and challenge the status quo amongst the agricultural community.
If you have a idea that would make a good "Burn Topic" for next month's Rudolphi's Burning column, please email the idea to prburmeister@gmail.com All entries will remain anonymous.
Monday, January 14, 2013
Friday, January 11, 2013
FYI: Interpretation of today's USDA report: Allendale Market Movers-USDA Special
From Tim Harbaugh - Agrigold Seed Rep, Buchanan County, IA
---------- Forwarded message ----------
From: "Tim Harbaugh" <Tim.Harbaugh@agreliantgenetics.com>
Date: Jan 11, 2013 12:59 PM
Subject: FYI: Interpretation of today's USDA report: Allendale Market Movers-USDA Special
To:
Thanks!
Tim Harbaugh
563-580-1212
From: Allendale, Inc. [mailto:gmcbride@allendale-inc.com]
Sent: Friday, January 11, 2013 12:33 PM
To: Tim Harbaugh
Subject: Allendale Market Movers-USDA Special
[http://www.allendale-inc.com/wp-content/themes/Allendale/images/header.jpg]<http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64AXqqBbMm2GzDvR0_7BFmVE12EIsHt5WgXIm6arn4UWI5C3LT2HghEEKBjDOZrvg1l_6isbxiGcpPT1rJL6WybNHfuzLZ2nF6XtJEpZr230l9MK1i6jr-GR4iMSFV5p3Xjflj5PxgjrbVL1Bz3vTpfEwK38KzA_hAo5e2rhgRQnkDh8JcBjg8zLbV33xtEa-ReiG6AjLLVge76HUJm7i0JUYSKmfWUsBFAaupZ_zbxHJFn_RYHLaTamujanQGTbx2nhVmhcPmJIAvrVu5tOkfVT>
January 11, 2013
Click below for today's report: [http://www.usda.gov/img/headers/USDA-Logo.jpg] <http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64DrbaXsQ32ZfSnD3zOSo3vU1CTZeaEKJKTEIMx8ZLq9RqhwDQlqRd1F0cEdo_6wiPjo30eWLRDcqA_0iNvhdIrQNp--sWUa4LjWQqa9x9LhP44HZAEW0H5oN2j-pJTqKQQ8oCLrhWYzynte7hB9k6Z2wUgpJqEhWQf9mEBVXA12rOCfipndIzaBIEQ-boCjvomdZDTGNkSHRcVsETuTRxOpL_JZBJN6HFFKPx8sAw025kpB3y3pMHBbyiJxpTyVhDQyuJHVYor7k0zgvHH--7Z61_jWDOWrm7CJNqTI7cIfW9t7x6AHxiOdDJGbVrqGERXM5nKIqrd2mZD21tsThpboMiD6pFy3iCQqLoBS_TGn054QIj4ie0a3tZ47rRCg6x0=>
[https://thumbnail.constantcontact.com/remoting/v1/vthumb/YOUTUBE/13eb29fb66424c4aa98db635df28fabe]<http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64Ayge8i3QnPp3RHXRM8LPm42jqJhlVO37LxkOUY7-xV2-VE-E_PumVD6xwv6j5pgYvKatK_2QM26TS1UkPLPm7RaaXEEHYfUdtCOUdrfP5lk_rUZUm_-8ehO2PbYFNo4Y2U1r2R0VXNQCcgcN5Gfjzlw76PjUcU2XYgvC9GnDmrvR26XhJVYOC4LRCIz17yvNbKmloyN4EPJLuJR8WPRCxNKdClP1yYX8-0vijU2pRrNeKPTz5Xp-lYH9LAUIgCCvH4urXs4Noy7w==>
Jan USDA Report Recap
Updated USDA Data Tables (Free Page)<http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64DYS5AnRbpjyoLWSbSAIKyouodYNgku0FP3LV0vOZTFlUvXPQ9hA0WtBWNhfcLWDtMs7AAc9SkT5a_E-NioLGFOCTIIfs-hSDRCQtWReZZ9BN459YXTNpngFnrO0ffKSA4nBZYO8VDpv9gePX3r58W2eh2TbEEG8d3cRvzsPQhSdEE4m3bD8gSW_m_Az3kg50zUqj2QOXans6xgCkIS4qUzsOpiHbb3Lx6VqvY5NrFd9OoEDMbZBNoS72GIaAAwbp4V4yL_2MHqFsOw_xAvnuq-2dY-MBy1cb7WUhYy_hhu3w==>
Rich Nelson's Recap for Subscribers<http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64B9X2XQA4LEhR60cGDpkeP17vJnqIzfkU7OJOwpGKpCOb5096kQaV6E3rMsMluOtPdJP_b4s2U4wF7d1QFLeRWhh4KIVtQkEoNAUh0NgNB55zmN7FRKJB4UhZLmCjbSiH-bsdRW82zZEF1855F-ClEsh8suQtmNrSbAlIDqHpDfIwDILFQ740SM_Mbfxlp_t1WBzsn1cbta-_wynS89m0WJaxzZKgnK3uqgs8rnMuMyoBRHRsRUb_mzR5gFJJOSSgApYF76-XU77wdjgJpF_XPs7yZ_sIyPOVaO4UqMe_72yp_djBUE8B037GYZPKxo-ATaRFRQ7IxmVrrS5g-9zlb53KWP0swOYa4=>
This material has been prepared by a sales or trading employee or agent of Allendale Inc. and is, or is in the nature of, a solicitation. This material is not a research report prepared by Allendale Inc.'s Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions. DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW. PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION. The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Allendale Inc. believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.
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From: "Tim Harbaugh" <Tim.Harbaugh@agreliantgenetics.com>
Date: Jan 11, 2013 12:59 PM
Subject: FYI: Interpretation of today's USDA report: Allendale Market Movers-USDA Special
To:
Thanks!
Tim Harbaugh
563-580-1212
From: Allendale, Inc. [mailto:gmcbride@allendale-inc.com]
Sent: Friday, January 11, 2013 12:33 PM
To: Tim Harbaugh
Subject: Allendale Market Movers-USDA Special
[http://www.allendale-inc.com/wp-content/themes/Allendale/images/header.jpg]<http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64AXqqBbMm2GzDvR0_7BFmVE12EIsHt5WgXIm6arn4UWI5C3LT2HghEEKBjDOZrvg1l_6isbxiGcpPT1rJL6WybNHfuzLZ2nF6XtJEpZr230l9MK1i6jr-GR4iMSFV5p3Xjflj5PxgjrbVL1Bz3vTpfEwK38KzA_hAo5e2rhgRQnkDh8JcBjg8zLbV33xtEa-ReiG6AjLLVge76HUJm7i0JUYSKmfWUsBFAaupZ_zbxHJFn_RYHLaTamujanQGTbx2nhVmhcPmJIAvrVu5tOkfVT>
January 11, 2013
Click below for today's report: [http://www.usda.gov/img/headers/USDA-Logo.jpg] <http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64DrbaXsQ32ZfSnD3zOSo3vU1CTZeaEKJKTEIMx8ZLq9RqhwDQlqRd1F0cEdo_6wiPjo30eWLRDcqA_0iNvhdIrQNp--sWUa4LjWQqa9x9LhP44HZAEW0H5oN2j-pJTqKQQ8oCLrhWYzynte7hB9k6Z2wUgpJqEhWQf9mEBVXA12rOCfipndIzaBIEQ-boCjvomdZDTGNkSHRcVsETuTRxOpL_JZBJN6HFFKPx8sAw025kpB3y3pMHBbyiJxpTyVhDQyuJHVYor7k0zgvHH--7Z61_jWDOWrm7CJNqTI7cIfW9t7x6AHxiOdDJGbVrqGERXM5nKIqrd2mZD21tsThpboMiD6pFy3iCQqLoBS_TGn054QIj4ie0a3tZ47rRCg6x0=>
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Jan USDA Report Recap
Updated USDA Data Tables (Free Page)<http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64DYS5AnRbpjyoLWSbSAIKyouodYNgku0FP3LV0vOZTFlUvXPQ9hA0WtBWNhfcLWDtMs7AAc9SkT5a_E-NioLGFOCTIIfs-hSDRCQtWReZZ9BN459YXTNpngFnrO0ffKSA4nBZYO8VDpv9gePX3r58W2eh2TbEEG8d3cRvzsPQhSdEE4m3bD8gSW_m_Az3kg50zUqj2QOXans6xgCkIS4qUzsOpiHbb3Lx6VqvY5NrFd9OoEDMbZBNoS72GIaAAwbp4V4yL_2MHqFsOw_xAvnuq-2dY-MBy1cb7WUhYy_hhu3w==>
Rich Nelson's Recap for Subscribers<http://r20.rs6.net/tn.jsp?e=001z9Gcug7u64B9X2XQA4LEhR60cGDpkeP17vJnqIzfkU7OJOwpGKpCOb5096kQaV6E3rMsMluOtPdJP_b4s2U4wF7d1QFLeRWhh4KIVtQkEoNAUh0NgNB55zmN7FRKJB4UhZLmCjbSiH-bsdRW82zZEF1855F-ClEsh8suQtmNrSbAlIDqHpDfIwDILFQ740SM_Mbfxlp_t1WBzsn1cbta-_wynS89m0WJaxzZKgnK3uqgs8rnMuMyoBRHRsRUb_mzR5gFJJOSSgApYF76-XU77wdjgJpF_XPs7yZ_sIyPOVaO4UqMe_72yp_djBUE8B037GYZPKxo-ATaRFRQ7IxmVrrS5g-9zlb53KWP0swOYa4=>
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Corn Stocks
Dec 1 corn stocks at 8.03 bln bu, 3 pct below trade estimate -- lowest Dec corn inventory since 2004 and down 17 pct from a year ago -- Tom Polansek (@tpolansek)
Johnson Estate brings $1.45 Million
158 taxable acres including a below average acreage sold at auction today for $1,450,000. The property is located 4 miles south if Independence in Buchanan County, IA.
Thursday, January 10, 2013
USDA REPORT COMING SOON
Limit up in #corn 738 3/4 Limit down is 658 3/4 #usda Place your bets -- Thomas Grisafi (@IndianaGrainCo)
Wednesday, January 9, 2013
Still Short Moisture
85% of top soil moisture in Iowa classified as short to very short. -- Jason Britt (@jasonlbritt)
Chinese Demand
In 1995, China grew 14 million tons of soybeans & consumed 14 million tons. In 2011, still at 14 million tons, but consumed 70 million ton -- Farmland Network (@FarmlandNetwork)
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