Grains not waiting for USDA reports. Bullish breakout by beans overnight pulling corn and wheat higher despite stronger USDX. Energies mixed -- Darin Newsom (@DarinNewsom)
Friday, March 9, 2012
Wednesday, March 7, 2012
Donkey Breeder
 Evan M. Tate (@T8CattleCo)3/7/12 9:27 PM First PB Charolais triplets then this..... What a spring so far!!@bneale0714 @LaurenMSea @newscoffeeshop @CariRincker pic.twitter.com/BHe16aT6 |
Our Reply: friend of mine in Kentucky, call or better yet tweet Evan for all your donkey needs! Follow pic.twitter link above for picture.
Tuesday, March 6, 2012
New Blog Format
Beginning within the next month I hope to be unavailing the new and improved blog format of News from the Coffee Shop. This format will include the option for our readers to explore a larger scope of news in Eastern Iowa along with their local county information. It is my hope that the blog will remain interactive for our readers to quickly share what they're seeing in the field, allow agribusiness firms to showcase their services, and be a quick source of enjoyment for our readers on a regular basis.
This will be a work in progress as we move through the transition and expand the footprint of News from the Coffee Shop. I would welcome any ideas and recommendations about what you'd like to see going forward.
Give me a call anytime 319-327-0806
Pete
Denison Darkens with an Era
By John Harrington, DTN Livestock Analyst
When Tyson Foods announced this week plans to close its slaughter-only plant in Denison, Iowa, virtually no one who had been paying attention to beef industry trends over the last few years was very surprised.
In short, the news fell like an old worn-out shoe long anticipated to drop.
Think of the Denison facility as an aging Tyrannosaurus with a bad cough. Once upon a time, these carnivorous dinosaurs ruled the country, devouring thousands of cattle each day and spitting out whole carcasses to be shipped to other locations for fabrication.
But when IBP perfected the concept of boxed beef in the 1960s, the temperature in their jungle surroundings began to slowly chill. The new business model put a great premium on integration and efficiency. Any production monster failing to somehow evolve in the direction of extended fabrication was pretty much doomed for extinction.
Killing approximately 2,200 steers and heifers per day, Denison has long served as a "feeder" plant for the large processing center in Dakota City. Though never the perfect design in efficiency (i.e., kill/fab/portion-control under one roof), I suppose Denison "worked" for an extended period of time because fed cattle supplies remained large enough to justify a more sprawling network of procurement.
In February of 2006, when Tyson announced that it was pulling the plug on both the kill-only at West Point, Neb., and the fab-only plant in nearby Norfolk, only zealots at the local Chamber of Commercial failed to perceive the forces in play. And when the same management team closed the out-of-position plant in Emporia, Kan., several years later, the discouraging handwriting for Denison was pretty much on the wall.
We all know that small towns these days are fighting for their economic lives, and I'm saddened that the cold broom of corporate efficacy will soon sweep so harshly through the streets of Denison and northwest Iowa.
Yet given the glaring problem of excess slaughter capacity vis-a-vis a cattle herd essentially in decline since 1996, I almost can't believe that the bad news has been postponed this long.
Monday, March 5, 2012
Thank you for using Picture and Video Messaging by U.S. Cellular. See www.uscellular.com for info.
Friday, March 2, 2012
Thursday, March 1, 2012
Crop Insurance Prices
These guarantee good profits...RT @CornOptionFlow The insurance rate for corn is 568 vs 601 LY and in soybeans its set at 1254 vs 1349 LY - -- Agrivisor Analysts (@Agrivisor)
Wednesday, February 29, 2012
Hope bright for U.S. corn, soybean exports
Traders see the lack of South America exportable surplus corn as a factor which could help boost US exports and tighten old crop ending stocks by 50-75 million bushels as a bullish force for old crop contracts, the CME Group said in its Wednesday morning report.
Traders told the CME there was talk China booked near 4-5 cargoes of US soybeans for April shipment was seen as a supportive force. Brazil is normally active exporter for April but traders indicated that the long line to load cargoes in Brazil plus uncertainty of supply has limited offers.
As seen on marketwatchonline.com
Traders told the CME there was talk China booked near 4-5 cargoes of US soybeans for April shipment was seen as a supportive force. Brazil is normally active exporter for April but traders indicated that the long line to load cargoes in Brazil plus uncertainty of supply has limited offers.
As seen on marketwatchonline.com
Herbicide resistance meeting at Heartland Acres
Sign up now to attend the free Iowa State Extension herbicide resistance meeting on March 13th at Hearland Acres in Independence. Register and get more details here: http://www.aep.iastate.edu/weeds/
Monday, February 27, 2012
Cattle Market
#Calf & #feeder prices to new records. #Beef carcass & 400-500# feeders bounce around $2. Light calves head toward $3. http://t.co/uBsrd5yJ -- Bill Northey (@BNorthey)
Weather Update
Corn Belt March outlook is WARM, & East of I-35 MOIST, we shall see. -- Elwynn Taylor (@ElwynnTaylor)
Saturday, February 25, 2012
Here we go!
#Cyclones win! 65-61 at K-State. Need your headlines! Will RT the best -- Iowa State Athletics (@ISUCy)
Pay Attention
Plan on new all time highs in the feeder cattle next week and if you are a cattle feeder you should own $170 calls in May and August. -- The Final Drive (@TheFinalDrive)
Thursday, February 23, 2012
Weather Report
Aurora [Buchanan Co, IA] trained spotter reports SNOW of M4.5 INCH at 07:57 PM CST http://t.co/u4W8y6kQ -- Mark Schnackenberg (@KWWLSchnack)
2012 Corn Outlook
USDA projects 94M corn acres at outlook forum - estimates 20% drop in corn prices helping moderate feed costs http://t.co/hZIsNKBR -- Feedstuffs (@Feedstuffs)
USDA Outlook
The USDA Outlook Forum supply/demand conference is today and tomorrow which is the first real look at the new crop season.
The Answer
Found reason for corn rally yesterday: USDA announes 120 corn to China and 110 to unknown -- Paul Georgy (@allendale_Paul)
Wednesday, February 22, 2012
S:GROWERSEDGE.MOBI M:CORN MAR2 638.25+8.75s
BEANS MAR2 1272.25+1.25s
LCAT APR2 131.15+0.025
LHOG APR2 90.4+0.575
BEANS MAR2 1272.25+1.25s
LCAT APR2 131.15+0.025
LHOG APR2 90.4+0.575
Tuesday, February 21, 2012
Cool, here's a different one!
Morgan Stanley's Commodity Thermometer http://t.co/OnlyBz4T -- KnutsonFarms (@KnutsonFarms)
Tuesday, February 14, 2012
Invite
Chris Barron invites you to Ames, IA next month for the first ever Farm Journal Profit College! Check it out! http://t.co/J3n9D4j0 -- FarmJournal (@FarmJournal)
Monday, February 13, 2012
Twitter Feed
RT @KCCINews: #China's VP #Xi Jinping will visit the Kimberley family farm near Maxwell. #IowaXi -- BNorthey (@BNorthey)
Thursday, February 9, 2012
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