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Wednesday, August 31, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: This survey covers 87% of corn production and 83% of soybean production in the US. Thank you to all the farmers who make this survey accurate and possible. You know your fields better than anyone else! Get the full details described by Rich Nelson, Allendale’s Chief Strategist, by listening to the following video:

Monday, August 29, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as the US Dollar continues to work higher. Outside markets are lower as traders deal with Fed Chairman’s comments last Friday.

Thursday, August 25, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with soy complex leading the weakness. Stock indices are backing away from recent highs while crude oil is finding some short covering.

Wednesday, August 24, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as a big US harvest weighs on trader’s attitude. The US Dollar is firmer as crude prices slip. Stock Indices are higher as they trade near all-time highs.

Tuesday, August 23, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are�lower in quiet overnight trade as the US crop continues to look great.�Outside market are also lower ahead of this week's speech by Fed Chair Janet Yellen.

Monday, August 22, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are mixed with soybeans higher on demand from China. Corn and wheat are lower as corn production potential weighs in. Wheat is finding sellers after the recent rally due to Black Sea supplies providing export competition. The US Dollar is higher, crude oil is down more than 1.00.

Saturday, August 20, 2016

Brexit hits land value (From The Scottish Farmer)

Brexit hits land value (From The Scottish Farmer): DEMAND for rural land has fallen sharply in the past six months and prices are also expected to fall – and the uncertainty sown by Brexit is to blame.

That is the grim story being told by the most recent Royal Institution of Chartered Surveyors/RAU rural land market survey, with respondents indicating that increased uncertainty in the wake of the EU referendum and the subsequent confusion over the future of CAP payments, and low commodity prices, are denting confidence in the value of farm land.

Indiana farmland auction brings prices over $10,000 per acre

Indiana farmland auction brings prices over $10,000 per acre: �Local bidders dominated the auction of approximately 705 acres in Allen County, Indiana, with the land selling to five different buyers for a total of $6.435 million. Schrader Real Estate and Auction Company marketed the property and conducted the auction.

Friday, August 19, 2016

Thursday, August 18, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower on profit taking after the recent rally. The US Dollar is making new lows for the current down trend while crude oil posts new highs

Wednesday, August 17, 2016

Price of farmland falls as concerns over future of EU payments stifle the market

Price of farmland falls as concerns over future of EU payments stifle the market: According to the latest data from the Royal Institution of Chartered Surveyors, land prices are estimated to have fallen by 4pc since the end of last year, with the average price now around �10,750 per acre.