Grain Barge Rates Sink, Lends Support to Grain Basis
River terminals to become more competitive
An early grain harvest this year has meant an earlier peak in barge rates. Over the past few days barge rates have begun to fall suggesting that the trend may be set for barge rates to continue the post-harvest harvest seasonal slide. Although average corn and soybean basis this week was up...[Read More]
Has Your CEO Seen the ROI of the VOIP?
Voice over internet phone systems can work for your ag business
Ten years ago I switch our home phone service that Qwest provided to a VOIP service, which stands for “Voice Over Internet Protocol.” The VOIP service works the same as the old-fashion phone except it used high speed internet to carry the conversations vs. the traditional phone line. Five...[Read More]
Volatility Creeps into Cash Grain as Market Bridges Old & New Supplies
Cash basis continued to trend lower.
Grain harvest continued its quick progression this week, but some areas of the country saw unusually strong upside basis moves. Overall, however, the US average corn basis was mostly unchanged while soybeans were off 1 cent over the past week.
Impressive gains at some key end users were noted...[Read More]
Industry Invests in its Future
Auburn feed mill stands as proof
During my two-hour drive from Birmingham and Auburn to write this issue's cover story, "Auburn's New Feed Mill Comes to Roost," I tried to mentally prepare my questions for Dr. Don Conner, the head of the university's poultry science department, and Mitchell Pate, director of the poultry...[Read More]
Cash Grain Update—Sept. 14
Storage for both corn and soybeans looks unfavorable
Spot corn and soybean basis has made slight gains so far this month. Spot corn moved up half a cent while spot soybeans increased a penny. The Gulf has done little to support both markets as corn basis gained one cent and soybean basis actually lost four cents. Barge rates also hampered...[Read More]
Feed & Grain Expands Newsletter
Introducing Monday edition to provide a
If you’re one of the nearly 9,000 people who receive Feed & Grain’s Industry Watch E-newsletter, thank you for taking the time each week to open and read our offering. Our staff closely follows news on the critical issues that impact the feed and grain industry, and we’re dedicated to...[Read More]
Web Meetings: Work Smarter Not Harder
Utilization of online web meeting tools can be a great edition to your workday and business.
- Meeting with John Doe in Waterloo to go over grain contracts
- Meeting with Bob Doe in Valley to go over 2012 grain programs
- Board meeting in Main Office to discuss new storage facility
- All company safety meeting at Duncan location
- Present 2013 Budget to General Manager in Main...
Organize Your Online Life
EVERNOTE is a software application making its way to the top of the digital organization industry.
Today agricultural professionals spend more time than ever before on the computer reading email, searching the internet, working with software applications and entertaining themselves. Keeping your digital life organized continues to be a challenge with emails you want to keep, web pages you...[Read More]
Food Defense: Is Your Company Secure?
In January, during my visit to Two Rivers Cooperative, general manager Tracy Gatham described the cooperative
Summer 2012 = Climate Change Proof?
Debate heats up over whether it's a fluke or sign of things to come
As I write this post at 8 in the morning in Southern Wisconsin, the mercury has already hit 85 degrees. Nearly all of Indiana, Iowa and Illinois along with the lower halves of Wisconsin and Michigan are under heat advisories and at least ¾ of the country has a hazardous weather outlook,...[Read More]