Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as bargain hunters and short covering provide support. Harvest progress and crop size limit gains. Outside markets retrace some of yesterday’s action.

After returning from a trip of visiting Allendale Branch offices in central Minnesota and North Dakota, one can only say, “There is a large crop of corn and soybeans to harvest is those areas. Harvest was going strong in western MN and ND with producers very pleased with soybean yields. Most producers were harvesting 15 to 20 bushels more soybeans than average. We also saw the flood damage in south eastern and south central MN. Corn and soybeans were still standing in water in some areas. Fieldwork was at a standstill waiting for fields to dry out. Everything said, it appears harvest will be stretched out due to the sheer volume of grain that will have to be handled.

Agriculture officials: Great pumpkins are available this season | Inside Business | pilotonline.com

Agriculture officials: Great pumpkins are available this season | Inside Business | pilotonline.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are�slightly lower as traders continue to position ahead of Friday's USDA reports. Outside markets are mostly quiet ahead of Federal Reserve speeches slated for later today.

Why we should care about economic sustainability in agriculture - AEI | Economics Blog � AEIdeas

Why we should care about economic sustainability in agriculture - AEI | Economics Blog � AEIdeas

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are higher�as grain market bulls look for support from a "turn around Tuesday". Traders in all markets are discussing the reality of a Trump or Clinton presidency after last night's debate.

Farmland: An Increasingly Popular Alternative Investment

Farmland: An Increasingly Popular Alternative Investment

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as weather forecasts project a better harvest week ahead. Follow through technical selling is also weighing on prices. The US Dollar is lower with crude oil higher. Stock indices are lower as traders prepare for several macro events this week

Economy, technology drive changes in local farming | GazetteXtra

Economy, technology drive changes in local farming | GazetteXtra

Agriculture jobs on the rise, not enough graduates to fill posit - WSIL-TV 3 Southern Illinois

Agriculture jobs on the rise, not enough graduates to fill posit - WSIL-TV 3 Southern Illinois

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are lower on the last trading day of the week. Crude oil is also lower ahead of this afternoon's Baker Hughes rig count�data.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Crop yield reports continue to come in from all around the cornbelt. To summarize: eastern and southern Midwest corn is below early expectations due to disease and insect problems late in maturation. Central and northern corn harvest reports are close to expectations.

Soybean yields have shocked many producers as many early harvest yields are 65 to as high as 80 bushels per acre. A North Dakota producer said, “we would normally brag about 40 bu soybeans and now we are harvesting 50 bushel per acre.”

Yale Startup Makes Premium Pork—And Creates Opportunities for Small Farms | Yale Entrepreneurial Institute

Yale Startup Makes Premium Pork—And Creates Opportunities for Small Farms | Yale Entrepreneurial Institute

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower on profit taking and lack of new fundamental news. Trade is waiting for new sales announcements from USDA at 8:00 AM. Dollar is quiet ahead of Fed meeting results later today. Crude oil and stock indices are firmer.

Why "Natural" Farms Are Taking Over the Northeast | Food & Wine

Why "Natural" Farms Are Taking Over the Northeast | Food & Wine

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher�as traders grow concerned over excess rains in parts of the Midwest. Outside markets await comments and a rate decision from the FOMC meeting which starts today.

Corn harvest advanced a little slower than expected according to USDA's Crop Progress report. Corn was reported 9% harvested vs the average analyst estimate of 11%, and the 12% five-year average. The crop was rated 93% dented and 74% good to excellent.

UK factories and farms see currency gains from Brexit - FT.com

UK factories and farms see currency gains from Brexit - FT.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as trade worries about harvest progress. The US Dollar is lower, crude oil and stock indices are finding strength.

Weather in the US Midwest is a little wetter than desired but forecasters are looking for a drying period to allow for maturation of row crops. Weather forecasts are providing a reason for short covering.

Technical resistance in December corn crosses at 3.44. November soybeans should have resistance at 9.90 to 10.00.

China to invest $450 billion modernizing agriculture by 2020

China to invest $450 billion modernizing agriculture by 2020

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed�on neutral to disappointing demand news. Outside markets will wrap up the trading week watching consumer inflation data.

NOPA Crush was reported yesterday at 131.822 million bushels of soybeans crushed for August, down from 143.715 million in July. Analysts estimated August crush of 136.233 million bushels. Now that we have the�August NOPA crush number, the only remaining data to be seen is from the�non-NOPA crush plants. Right now we estimate only 1.885 billion bushels for old crop crush. USDA’s goal is 1.900 billion bushels.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering and hopes of strong export data. Outside markets are also higher as traders start the session with a risk-on attitude.

Weekly export sales data will be released at 7:30 this morning: Trade estimates are: corn 800,000 to 1,100,000 tonnes, wheat 350,000 to 550,000 tonnes soybeans 900,000 to 1,200,000 tonnes, soymeal 50,000 to 125,000 tonnes and soyoil 0 to 30,000 tonnes.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed after yesterday’s slide. US Dollar is off slightly with crude oil up slightly this morning.

Marco markets�are providing fuel for the decline in Ag markets on Tuesday. The sharp rally in the US Dollar and drop in US Bonds, crude oil and stock indices have provided traders with a risk off attitude. The USDA data on Monday is also weighing on markets as trade sees big crops getting bigger.

NOPA Crush data for August will be released on Thursday the 15th at 11:00 am. Trade will be using this data to project September 1 Ending Stocks for soybeans.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: USDA Supply and Demand numbers had a few surprises for traders yesterday. Old crop corn ending stocks were raised from 1.701 to 1.716 billion bushels. The trade was expecting 1.711. No change was made to either planted or harvested acres, we expect those changes in October. Corn Yields were lowered from 175.1 bpa to 174.4, analysts were expecting 173.4. The 15.093 production is only 60 million under last month’s estimate. With almost no change to the old crop picture, and only a moderate decline for new crop production, ending stocks were lowered only slightly, from 2.409 billion last month to now 2.384. USDA’s numbers would make a stocks to use measurement of 16.5%, the largest since the 2005/06 crop year’s 17.5%.