Saturday, June 11, 2011

Belmont Stakes

Ruler On Ice has won the Belmont Stakes; Stay Thirsty 2nd, Brilliant Speed 3rd

Our Reply: This concludes News From The Coffee Shop's coverage of the of the 2011 Triple Crown horse races

Beef Business

The future of beef starts with beef systems that generate a per-cow gross margin of $600 and hold direct costs to less than $400 and overhead to less than $100 per cow.
As Seen on Drovers.com

Our Reply: FYI if you're gonna get in the cow business.

Friday, June 10, 2011

Indiana Planting Issues

Picture taken at planting last week in Indiana. Fields are still wet and guys are muddin' it in!

There are 2 tires there covered in mud!

Our Reply: Thanks to Nick Mauck from Indiana for the pic. Nick says things are as wet as advertised out east.

36 Hour Rainfall

2.2 inches of rain in last 36 hrs... From Brett Vogel

Thursday, June 9, 2011

July Corn Hits All Time High

July corn pushed to a contract high and all-time high today, the CME Group said in its Thursday afternoon report. With the USDA corn production estimate at 55 m/bu. below expected usage and ending stocks already at the second tightest in history compared with usage, any further declines in production would suggest that demand will need to be rationed. This was the key positive force for the corn market today. As Seen on marketwatchonline.com

Drop the Gavel

178 acre Hannen Farm Sells For $8,075 / acre for a total of $1,437,350

Parcel 3 On Hold

$7,000 / acre
$182,000

Parcel 1 On Hold

$6,900 / acre
$496,800

1st Recess

Parcel 1- $6,600

Parcel 2 On Hold

$6,850 / acre
$548,000

Center Point Farm

Parcel 2

1st Recess- $6,600

Sold

43 Acres near Alburnett

$9,525 / Acre
$409,575

Starting Bid

43 Acres near Alburnett
$7000- Opening Bid

$8200- 1st Recess

Crop Insurance

Great article about prevented planting and some of the risks associated with marketing large volumes of grain before it's planted.

MUST READ! Follow the link below.

Crop Insurance Coverage

USDA Trims Corn Acreage

Old-crop corn ending stocks are unchanged. New-crop ending stocks were lowered from the May estimate of 900 million bushels to 695 million. Feed and residual use was reduced 100 million to 5 billion; ethanol and exports were left unchanged at 5.05 billion and 1.8 billion respectively.


"This report should be viewed as bullish for corn," said DTN Senior Analyst Darin Newsom.

As seen on DTN Morning Snapshot

Farm Sale Details

Alburnett Farm- 43 acres w/ 83 avg. CSR (SOLD SEPARATELY)

Center Point Farm-
Parcel 1- 72 acres w/ 70 CSR
Parcel 2- 80 acres w/ 64 CSR
Parcel 3- 26 acres w/ 71 CSR

All three parcels also have I-380 visibility with possible developmenty potential.

Be sure to check back often for price updates in the 10 and 11 o'clock hours!

Hail Damage

Near Rowley, IA

Wednesday, June 8, 2011

Hail

In the southern part of Buchanan County

Land Auction

News From The Coffee Shop will be broadcasting live tomorrow June 9, 2011 from the Hertz Farm Mgmt. Farmland Auction near Center Point, IA.

221 acres of tillable farmland sold in 3 parcels will be bid-off at public auction beginning at 10am.

Remember, "YOU'LL HEAR IT HERE FIRST!!"

New Mobile Format

I don't like your new format. I have to click on the stuff to read it all. I want to read it all. Make it easy!!!... From AJ McLaughlin

Our Reply: Sounds good to us, we'll go back to the web version

Markets

CORN JUL1 764+27.5s
BEANS JUL1 1401.5+7.5s
LCAT JUN1 104.35+0.875
LHOG JUN1 90.3+0.675

Our Reply: WOW! Corn is on a tear again!

2011 Crop Tour Event Sponsor

Event Sponsor for 2011 Buchanan County Crop Tour
Thank You Adam White

Call Pete @ 319-327-0806 if you would like to help sponsor the 2011 "News From The Coffee Shop" Buchanan County Crop Tour (only 2 event sponsorships remaining)

Fairbank

Healthy

Corn roots excellent depth n health. West buchanan cty... From Brett Vogel via MMS

Buchanan County Crop Tour



2011 Crop Tour Event Sponsor


Event Sponsor for 2011 Buchanan County Crop Tour
Thank You Brett Vogel

Call Pete @ 319-327-0806 if you would like to help sponsor the 2011 "News From The Coffee Shop" Buchanan County Crop Tour (only 3 event sponsorships remaining)

Tuesday, June 7, 2011

Looking For Sponsors

The 2011 "News From The Coffee Shop" Buchanan County Crop Tour is looking for sponsors!

Sponsorship Availability:

Event Sponsorship (4) - $200.00
- Become one of the Four Major Event Sponsors of this year's event! Your business will be mentioned at the start and end of the day, your business logo will be embedded on all Crop Tour Results publications, and your monetary contribution will go towards Crop Tour T-Shirts and a round-up grill out at the end of the day!

District Team Sponsorship (4) - $100.00
- You will sponsor a team from your choice of four districts who will be out taking measurements in the field! Feel free to outfit your team members with your business's apparel and provide them refreshments of your choice throughout the day. Your monetary contribution will go towards lunch for you and your team members!

Grower Host Sponsorship (32) - Free
- Set aside a couple hours on August 20th to host a district team on your farm! You'll be sure to learn something new from the team and get an unbiased projection on your crop's potential yield! (Limit 2 / Township)


Contact Pete Burmeister TODAY @
319-327-0806 if you'd like to become a Sponsor!