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September 24, 2013 | Views on the News | | Views: 268

Big News as Agriculture Gets Ready for Harvest

Surprising crop reports, a disease report and two lawsuits top last week

Harvest is ramping up here in Wisconsin as the weather cools and producers want to beat the first frost to the field. Things are also ramping up here at the Feed & Grain office as the press date for our Oct./Nov. issue gets closer. So, if you missed some of last week’s biggest news (there...

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September 18, 2013 | Views on the News | | Views: 252
September 16, 2013 | Grain Hedge Insights | | Views: 200

Southern Crops Provide Slight Relief

Corn moves North by barge and rail to the Midwest in an attempt to replenish tight pipeline supplies

Corn and soybean spot basis were hammered this week as end users see some relief from newly harvested southern crops. For the week, spot corn basis was off 50 cents a bushel while spot beans were off 35 cents a bushel.

In the corn market, early season harvesting in the South continues to move...

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September 11, 2013 | Views on the News | | Views: 218

Grain Companies Get Down to Business

Organizations continue to invest in the future

September is here and it’s posed to be a big month. What the media is calling a “flash drought” is creeping through the Corn Belt and looks to make the coming harvest more difficult than anyone would like. The farm bill may get put on the back burner now that congress is back in session due...

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September 10, 2013 | Grain Hedge Insights | | Views: 183

Corn Basis Drops Sharply

Corn basis dropped 15 cents as new crop supplies become more available in northern states

This week we saw corn drop 15 cents between Tuesday, September 3rd and Thursday, September 5th. Basis was pulled lower by the southern harvest and grain movement up river. Soybeans picked up a penny during that same time period in a lull before harvest pressure begins to weigh on the market.

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September 03, 2013 | Views on the News | | Views: 237

Worries and Plans for the Future

Companies make plans as they wait for the harvest

The last few weeks of August brought a lot of announcements of new investments in infrastructure.. Showing that, at least for now, the agriculture market doesn’t seem to be slowing down, on the national stage. As Labor Day passes and harvest season inches closer, the agriculture community...

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August 27, 2013 | Views on the News | | Views: 236
August 26, 2013 | Grain Hedge Insights | | Views: 178

Soybean Basis Drops After Sharp Rally in the Futures Market

Corn basis improved 3 ¼ cents on average supported by tight stocks and a less dramatic rally in the futures market

Soybean basis dropped sharply, falling 25 cents throughout the country. The explosive rally in the futures market helped increase farmer selling causing grain buyers to back off old crop basis. Corn basis improved 3 ¼ cents on average throughout the country supported by tight stocks and a...

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August 20, 2013 | Views on the News | | Views: 237

Summer Heat Dries Up the Flow of News

Important news for feed and grain industries still trickles through

Early this month I read a blog that said August was a notoriously slow news month.  Congress is on summer hiatus, farmers are in the field and it seems like much of the country is taking that last summer vacation before school starts. Going through the headlines this week was a struggle to...

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August 19, 2013 | Grain Hedge Insights | | Views: 159

More Basis Volatility in the Grains

The national average corn basis slipped 2 cents this week while soybeans pushed 8 cents higher

Cash market volatility continued this week as tight near-term supplies combined with an outlook for ample production in the coming months keep buyers moving basis erratically. For the week, corn posted an average gain of 2-cents a bushel, while soybeans were up 8 cents on average.

In the corn...

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