Due to the great fluctuations in the grain markets we will only buy grain while the markets are open from 9:30 a.m. to 1:10 p.m. Monday thru Friday.
Quote of the Day
"I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. 'Tis the business of little minds to shrink, but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death."
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Ethanol prices have moved from a strong premium to RBOB futures to a sharp discount. Strong demand in gasoline markets and sluggish ethanol markets are changing the pricing dynamics between the two.
Prices for five of the eight major fertilizers were higher and three were lower during the first week of March, compared to a month earlier. However, price movements for all fertilizers continue to be relatively small.
Discounts for this year's crop insurance premiums help boost your comfort zone without breaking the bank, DTN finds in this second of a series on your 2010 crop insurance decisions.
While most on-farm deaths, such as tractor overturns and power-take-off shaft incidences, are decreasing, the number of children and adults being engulfed in grain is rising every year, reports Bill Field, Purdue University Extension safety specialist. In 2008 there were 34 grain entrapments nationwide compared to 33 in 2007. In five years, incidences increased 33 percent, according to Purdue University's National Grain Entrapment Database.
Wednesday will be rainy over most of the Midwest, with some freezing precipitation in the eastern Dakotas, and snow from western Nebraska north through the northwestern Plains. » More DTN Weather Commentary
Merchandisers were content to let cash bids for corn and wheat follow the downward path set by the futures markets in pre-report day trade, with soybeans holding steady. [Read and Comment on Full Blog]