December 19, 2012 | From the Field | Jackie Roembke | Views: 170

Time For A Break

Stepping back allows you to put things into perspective

A friend of mine can quote just about every line from “It’s a Wonderful Life” and, I think, give a full description of at least four versions of “A Christmas Carol.” While I can’t do that, I have to admit, I do enjoy this time of year.

Yes, we’re tying up all the loose ends of one fiscal...

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December 06, 2012 | Tech Talk | Jackie Roembke | Views: 207

Cloud Accounting with Freshbooks

Solution removes confusion, frustration and long hours spent invoicing clients

You provide your service or product to your farm clients and you are ready for the fun part which is getting paid, right?  Not so quick, you still have to prepare an invoice for your transactions, send it to clients and then hope you get paid in a timely manner. The work involved in...

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November 28, 2012 | Grain Hedge Insights | Jackie Roembke | Views: 159

River Woes Push Basis Lower

Basis slipped lower along the river system as many terminals north of St. Louis face the possibility of barge restrictions to the gulf

Basis came under pressure along much of the Midwest river system this week as terminals north of St. Louis slowed grain buying amid looming draft restrictions on the river due to low water levels.   Basis levels for soybeans were off 4 cents on average along major river terminals this week,...

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November 20, 2012 | From the Field | Jackie Roembke | Views: 186

Biological Manufacturing?

Keeping tabs on the practices of today’s most progressive commercial producers

Last June at the IDEAg Interconnectivity Conference, I had the opportunity to hear Dr. Michael Boehlje, a well-known and well-respected ag economist from Purdue University. Dr. Boehlje, while well aware of today’s production agriculture, also looks into the future, focusing his work on...

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November 19, 2012 | Grain Hedge Insights | Jackie Roembke | Views: 157

Spike in Gulf Lifts Cash Basis

National corn and soybean basis showed strong gains this week on account of stronger Gulf bids

In the last week we observed a firm increase in national corn and soybeans basis in the cash market. On average across the nation we watched spot corn basis rise 2 cents, while beans added nearly 3 cents.

The river accounted for large basis increases this week with corn increasing on average...

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November 09, 2012 | Grain Hedge Insights | Jackie Roembke | Views: 149

Soy Basis Heats Up on Export Driven Demand

Soybean basis up 3 points, corn basis stall due to weak export demand

Soybean basis was up 3 cents for the week as strong export business continues to lift interior basis levels.  Robust business to China and others has helped fuel cash movement to Gulf ports. Year-to-date export shipments for soybeans are 57% higher than this time last year, and up 44%...

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November 05, 2012 | From the Field | Jackie Roembke | Views: 178

Save Time and Improve Value?

Digital technology gives us the opportunity to help you save time

I’ll say it right up front: If we lose your attention — we’re toast. 

No, I don’t think that’s likely, particularly since Feed & Grain has spent more than 50 years working to keep your attention, but if we don’t worry about losing you, then we’re not doing our job. And our job is to deliver...

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November 05, 2012 | Tech Talk | Jackie Roembke | Views: 211

Square Up For Easy, In-the-field Payments

Swipe credit cards on your smartphone

My son is in Cub Scouts and loves to take part in the annual popcorn sales fund raising program.  He has always done well but I felt could have done better if we had a way to accept credit cards, so this year we down loaded the Square Credit Card App on my iPhone and improved his sales by...

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November 02, 2012 | Grain Hedge Insights | Jackie Roembke | Views: 158

Barge Rates Decline, Spurring Basis at River Terminals

Sharp decline in barge rates had a pronounced impact on soybean basis, while corn benefited only slightly

Finally, after two weeks of barge rate increases, we observed a sharp decline across the river system. The St. Louis rate declined 19% last week giving soybean basis along the river space to improve 11 ¼ cents between Oct. 25th and Oct.  31st. Movement of soybeans through Mississippi river...

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October 26, 2012 | Grain Hedge Insights | Jackie Roembke | Views: 129

Barge Rate Spike Puts Pressure on River Markets

Strong demand for soybean shipping helps boost barge rates 10-20 cents over the past week. Basis softens along the river terminals as a result.

Increases of 10 to 20 cents a bushel in barge rates the past week put significant pressure on river terminal basis.  Thanks to strong demand for soybean barging, rates have begun to move higher which pressured river basis levels, with losses of 10 to 20 cents a bushel fairly common along the...

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