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Thursday, December 29, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are higher supported by the weaker US Dollar as 2016 winds down.

Wednesday, December 28, 2016

Getting veterans involved in agriculture | MSU Extension

Getting veterans involved in agriculture | MSU Extension

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are�mixed following yesterday's sharp fund-led rally. Outside markets�are mostly continuing their risk-on theme with crude and equities higher, and gold lower.

Tuesday, December 27, 2016

MU Extension offers tips for negotiating new farmland leases | The Caldwell County News

MU Extension offers tips for negotiating new farmland leases | The Caldwell County News

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering after last week’s sharp losses. Trade volume is light with choppy markets expected into the New Year. The US Dollar is higher as the Stock indices are slightly lower on year end adjusting.

Thursday, December 22, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mostly lower as traders prepare for option expiration and light volume. Outside markets are quiet but all trading in the negative territory ahead of a few key reports today.

Wednesday, December 21, 2016

Ag economists forecast weak crop prices, farm incomes in 2017

Ag economists forecast weak crop prices, farm incomes in 2017

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are mixed with the soy complex leading the short covering rally after the early week $.31 decline. Outside markets are narrowly mixed as traders prepare for the year end.

Tuesday, December 20, 2016

Michigan tree farms keep Christmas real

Michigan tree farms keep Christmas real

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are lower in overnight trade with soybeans taking the biggest hit. Outside markets�are watching international headlines after yesterday's terrorist attacks.

US Weekly Export Inspections�showed 478,213 tonnes of wheat, 769,008 tonnes of corn, and 1,731,565 tonnes of soybeans were exported for the week ending 12/15/2016.

Monday, December 19, 2016

'Respect Farmland' movement aims to save preserved acreage from encroaching development | Local News | lancasteronline.com

'Respect Farmland' movement aims to save preserved acreage from encroaching development | Local News | lancasteronline.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with the soybean complex leading the correction. Outside markets are near unchanged as trade prepares for holiday markets.

Weather for South America provides more rain for Argentina on Wednesday and Thursday. Brazil’s weather remains excellent for crop development.

Friday, December 16, 2016

John Glenn's space travel taught him to appreciate farmland | AgriPulse

John Glenn's space travel taught him to appreciate farmland | AgriPulse

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weekly export sales for the December 2nd to the 8th time-frame had corn sales at 1,540,092 metric tonnes (all but 24,050 were 2016/17 crop). This was well above the 800,000 - 1,100,000 expectation. We have now sold 59% of USDA's whole year goal,�over the 53% five year average.

Thursday, December 15, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are mostly lower due to headwinds from the sky rocketing US Dollar and plummeting gold values. The stock indexes are higher suggesting the Dow’s target of 20,000 is still intact.

Wednesday, December 14, 2016

How to Invest in Farmland | Investing | US News

How to Invest in Farmland | Investing | US News

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as markets wait for results from the FED on interest rates today at 1:00 CT. Overall, trade has a risk-off attitude this morning as the screen is mostly red. Crude oil and stock indexes�are lower on profit taking.

Tuesday, December 13, 2016

Trump eying an Agriculture pick that locked horns with meatpacking industry

Trump eying an Agriculture pick that locked horns with meatpacking industry

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower as activity begins to look more and more like "holiday trade". Outside�markets continue to weigh�the ramifications of a likely interest rate hike at the conclusion of the FOMC meeting tomorrow.

Monday, December 12, 2016

Majority Of America's Farms Still Family-Owned | KMUW

Majority Of America's Farms Still Family-Owned | KMUW

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower except for soyoil which is getting support from the outside markets. Crude oil is higher on non-OPEC agreement to cut production. The US Dollar prepares for an interest rate hike on Wednesday.

Friday, December 09, 2016

All Calm on the Farmland Front - DTN Progressive Farmer

All Calm on the Farmland Front - DTN Progressive Farmer

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher�ahead of today's USDA Supply and Demand report. Outside markets will watch this mornings Michigan Sentiment number, then await next week's Fed decision.

Thursday, December 08, 2016

Ricketts aims to eliminate effects of artificially inflated sales on farmland valuations - starherald.com: Regional/Statewide

Ricketts aims to eliminate effects of artificially inflated sales on farmland valuations - starherald.com: Regional/Statewide: Gov. Pete Ricketts announced changes Tuesday that are aimed at eliminating the effects of artificially inflated land sales on valuations of ranch and farmland.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weekly export sales report due out this morning has traders expecting big corn and soybean sales. Traders are estimating 700,000 to 1,000,000 tonnes of corn, 1,000,000 to 1,300,000 tonnes of soybeans and 300,000 to 500,000 tonnes of wheat sold last week.

Wednesday, December 07, 2016

Monday, December 05, 2016

New Zealand's 'largest farmer' to sell off 10 farms totalling 11,650ha - Agriland

New Zealand's 'largest farmer' to sell off 10 farms totalling 11,650ha - Agriland

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering as the US Dollar reacts to election results from EU countries. US stock indices and crude oil go from negative to positive to start the week.

Last week, grain futures were under pressure with corn closing 11 cents lower, soybeans down 18.5 and wheat down 15 cents.

Friday, December 02, 2016

Nebraska farmland overlooking Lake McConaughy draws $37 million in bids | Nebraska | omaha.com

Nebraska farmland overlooking Lake McConaughy draws $37 million in bids | Nebraska | omaha.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are higher�on position evening as traders mull recent demand data. This mornings�employment data will be watched closely by outside markets for its potential dollar and interest rate impact.

Thursday, December 01, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are mixed with the soybean complex higher on short covering. The US Dollar is lower while crude continues its march higher.

Export interest�for corn and soybeans at the US gulf �has slowed down as the dollar rises and Brazil exporters become more aggressive. Corn buyers have filled their short term needs and are now looking for lower prices to fill their shopping carts again.

Wednesday, November 30, 2016

Report says North America's grasslands are slowly disappearing into farmland - News - The Bulletin - Norwich, CT

Report says North America's grasslands are slowly disappearing into farmland - News - The Bulletin - Norwich, CT

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher led by the soy complex on short covering and potential demand. Chinese demand is expected to continue as their crush margins and pork production margins are well in the black. Crude oil is sharply higher on Saudi Energy Ministers comments before meeting.

OPEC countries are meeting and trade is looking for a decision on whether they will agree to cut production.

Monday, November 28, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with soybeans leading the charge higher. Positive export demand and a weaker dollar are driving buyers interest in soybeans. Corn and wheat are weaker due to supply issues. Outside markets are giving back some of their move since the presidential election.

Friday, November 25, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�could open lower taking a lead from other markets. The US Dollar and crude oil are lower giving back some of Wednesday's gains. Stock index futures are higher setting new all-time highs.

Wednesday, November 23, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as traders even positions ahead of the Thanksgiving holiday and a short trading session on Friday. International markets are open tomorrow which could create volatility on Friday. The US Dollar index, crude oil and stock indices are near unchanged.

Tuesday, November 22, 2016

Thousands of acres of Illinois farmland set for major auction

Thousands of acres of Illinois farmland set for major auction

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are�mixed as traders even positions after yesterday's rally. As holiday-trade begins to set in, lower volume could lead to sharper price moves. Outside markets are mostly higher with crude oil continuing its rally and the US Dollar lower.

Monday, November 21, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as Chinese demand expectations drive soybean futures. Dry weather in the Southern plains and less plantings spur wheat. The US Dollar sees some profit taking while crude oil rebounds. US stock indices are higher.

Friday, November 18, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower in overnight markets as holiday trade draws near. Outside markets are mostly lower as well as traders take a breath after a wild last few weeks. The US Dollar though continues to trade at levels not seen in over a decade - this could begin to impact US exports.

Thursday, November 17, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher ahead of the export sales report later today. The US Dollar is lower on profit taking after a 450-point rally from last Wednesday. Crude oil is higher providing lift for the grains.

Wednesday, November 16, 2016

NH refugee organization seeking to purchase Dunbarton farmland | NH1

NH refugee organization seeking to purchase Dunbarton farmland | NH1

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering. US Dollar remains on the plus side while crude and stock indices setback after recent strength.

Grain futures markets are expected to have minimal resistance from hedge selling until the turn of the new year. Trade will likely be influenced by technical chart formations and trigger points as well as money flow during the proverbial holiday markets.

Tuesday, November 15, 2016

Mississippi River could leave farmland stranded

Mississippi River could leave farmland stranded

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with�corn and soybeans lower and wheat trying to recover. Recent dollar strength has pressured commodity prices in general so macro events will be monitored closely.

Monday, November 14, 2016

Disappearing farm land bad for Iowa economy

Disappearing farm land bad for Iowa economy

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower led by weakness in China. Stock indices are setting record highs and the US Dollar posts new highs for the recent move. Crude has fallen to long-term technical support levels.

After a few days to think about what happened last week, how the historic election results will impact the US economy and global trade remain a key factor this week. Grain traders are watching China’s Dalian market and their government’s rule adjustments to control excessive speculation in the grain and commodity markets.

Friday, November 11, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with soybeans seeing�strength from palm oil�markets in Asia, and concerns of planting delays in Argentina. All�markets continue to react to the US elections earlier this week.

Thursday, November 10, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering and potential demand. Soybeans regained Wednesday’s losses in the face of a bearish USDA report and larger production estimates out of South America. Traders are taking the risk-on approach lead by strength in stock indices which set new all-time high over night.

Wednesday, November 09, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as investors react to the US Presidential Election results. Donald Trump is projected to win the Presidency and the Republican Party is holding on to control of the US Senate. Extreme trading ranges in outside markets overnight as the results became clearer. Investors are taking a risk-off approach as the results have stunned the world and the pollsters got it wrong.

Tuesday, November 08, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher�as all eyes look to the US elections. Control of the White House and both chambers of Congress are up for grabs, and any surprise could shock the markets.

USDA's Supply and Demand report tomorrow is expected to have soybean yields increasing from last month's 51.4 bpa to 52.0. Production is expected to rise from 4.269 billion bushels in October to 4.314. With the higher production, the trade sees ending stocks revised up 420.

Friday, November 04, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower while outside markets are in narrow trading ranges. Without new supportive news one might expect harvest pressure late in session as farmers wrap up harvest.

Weather forecast has weekend rains in Southern half of US HRW belt, an open Midwest forecast for harvest. Brazil crops are well watered. Extended Argentine outlook remains wet and trade is already talking about planting falling short of expectations.

Wednesday, November 02, 2016

Take hard look at farmland leases - AgriNews

Take hard look at farmland leases - AgriNews

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are mixed�on light overnight trade as a big crop keeps looking bigger for corn and soybeans, while wheat finds a little support. With the Fed interest rate announcement this afternoon, and the presidential election less than a week away, traders are approaching markets with a risk-off attitude.

Tuesday, November 01, 2016

Solar farms are uprooting agriculture, farmers say

Solar farms are uprooting agriculture, farmers say

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower as the typical supply vs demand debate resumes.�Traders will be watching for a "new month, new money" mentality for further indication of managed money activity. Outside markets continue their back and forth trade ahead of the next Fed announcement and the presidential election which is now only one week away.

Monday, October 31, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Good Morning! Paul Georgy with the early morning commentary for October 31, 2016

Grain markets are mixed as soybeans are getting support from export demand while wheat bounces due to large fund short position. The US Dollar recovers from FBI surprise announcement on Clinton email problems. Next week’s Presidential election has traders cautious about taking on new risk.

Corn harvest is expected to be near 75% complete this week versus 61% last week and 73% average. Soybean harvest should be near 85% complete versus 76% last week and 83% average. We will get USDA’s estimate at 3:00 pm today.

Friday, October 28, 2016

Transmission lines to cross through north Louisiana farmland

Transmission lines to cross through north Louisiana farmland

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are�mixed in quiet overnight trade waiting for the next market moving news. Outside markets are quiet as well as the November 8th elections draw one day closer.

Wednesday, October 26, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are getting some lift this morning from higher prices in China and Malaysia. The strength is being led by soybean oil as it regains yesterday’s losses. The US Dollar is lower also providing support to grain buyers. Rain across the northern and central Midwest will keep farmers from harvesting. Stock indices remain rangebound as traders wait for employment data later this week and presidential election in early November.

Tuesday, October 25, 2016

Monday, October 24, 2016

UEA scientists working to reduce greenhouse gas emissions from farmland soil - Farming - Eastern Daily Press

UEA scientists working to reduce greenhouse gas emissions from farmland soil - Farming - Eastern Daily Press

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher led by the strength in soybean oil. Malaysian palm oil was up sharply in Monday’s trade. The US Dollar is slightly lower and US stock indices are higher as they coil in a trading range ahead of Election Day.

Friday, October 21, 2016

Brazilian farmland is getting more expensive - Farm Futures

Brazilian farmland is getting more expensive - Farm Futures

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher�as traders weigh their next move after strong export sales compete with large harvest expectations. Outside markets have crude higher, gold and equities lower.

Thursday, October 20, 2016

The picture is bleak for agriculture producers

The picture is bleak for agriculture producers

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on follow through buying, testing chart resistance levels. The US Dollar is higher and crude oil is lower creating a bit of a headwind for grains. Stock indices are adding to Wednesdays gains

Wednesday, October 19, 2016

UK farmland: will the fields still be gold after Brexit? | Coffee House

UK farmland: will the fields still be gold after Brexit? | Coffee House

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are slightly lower on light volume trade. The weaker US Dollar and higher crude oil prices are providing underlying support to grains as harvest is in full swing. US stock indices are in the red this morning as latest surveys have traders leaning toward an interest rate hike by year end.

Tuesday, October 18, 2016

Monday, October 17, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as large speculative shorts cover some of their positions. Key chart resistance levels being broken on Friday is also creating reason for short covering. The US stock indices are lower while US Dollar is near unchanged.

Friday, October 14, 2016

A Farewell to Farms: Why Some Youth Don’t Consider a Future in Farming | Agweb.com

A Farewell to Farms: Why Some Youth Don’t Consider a Future in Farming | Agweb.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher after a technical reversal on Thursday. Corn and wheat are currently above their respective trading range resistance. Soybeans remain in a sideways pattern. Futures markets are higher as traders end the week with a risk-on attitude.

Thursday, October 13, 2016

Private ownership of land now more common in Cuba

Private ownership of land now more common in Cuba

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed�as traders weigh the USDA Supply and Demand data.�Outside markets are also mixed as traders await this mornings jobless claims.

Wednesday, October 12, 2016

Farmland rent clinic to be held | Local Business | daily-journal.com

Farmland rent clinic to be held | Local Business | daily-journal.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are quietly mixed waiting for the USDA report. The US Dollar is higher while stock indices are lower on follow through from yesterday.

Traders are expecting soybean yields will be raised from 50.6 bpa last month to 51.5 on today’s USDA report. Production is seen increasing from 4.201 billion bushel to 4.286. Ending stocks may increase from 365 to 413 million bushel.

Tuesday, October 11, 2016

GlowHost.com!

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as traders position ahead of tomorrow's USDA Supply and Demand report.

A�Reuters newswire poll estimates that�soybean yields will be�raised from 50.6 bpa last month to 51.5 on tomorrow's report. Production is seen increasing from 4.201 billion to 4.286. Ending stocks may increase from 365 million bushels to 413.

Monday, October 10, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with grains higher and oilseeds lower. Stock indices are higher, US Dollar is firm and slips a bit

Friday, October 07, 2016

Thursday, October 06, 2016

Wheat Futures Jump in Midday Trading on Unfavorable Global Weather | Successful Farming

Wheat Futures Jump in Midday Trading on Unfavorable Global Weather | Successful Farming

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mostly lower as weather forecasts open up for harvest. The US Dollar is higher and stock indices are weaker.

Weekly export sales report at 7:30 this morning has trade estimating 400,000 to 600,000 tonnes of wheat, 1,100,000 to 1,400,000 tonnes of corn, and 1,200,000 to 1,500,000 tonnes of soybeans.

Wednesday, October 05, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as global supplies continue to grow. The US Dollar is slightly lower while crude oil approaches the $50.00 level. Stock indices are near unchanged.

Tuesday, October 04, 2016

Northwest Arkansas Egg Farmers Turned Out to Pasture | Arkansas Business News | ArkansasBusiness.com

Northwest Arkansas Egg Farmers Turned Out to Pasture | Arkansas Business News | ArkansasBusiness.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as traders mull yesterday's crop progress data and new industry yield estimates. Outside markets are mixed with crude oil lower and stock indices higher.

Weekly crop progress showed the US Corn crop 24% harvested, just below the average analyst estimate and the 27% five-year average. The crop was rated 73% good-to-excellent, a drop of 1% from last week. Analysts were looking for the crop to remain at 74%.

Monday, October 03, 2016

Stop Negotiating your Land Rents by the Acre

Stop Negotiating your Land Rents by the Acre - Stop Negotiating Your Land Rents by the Acre

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly higher on follow through buying from Friday’s action. First of month buying may provide support while harvest and technical points provide resistance. Outside markets are firmer as the calendar rolls over to a new month.

Friday, September 30, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower, trading in a narrow range ahead of USDA’s Quarterly Stocks report. The US Dollar is higher and crude oil lower. Stock indices slide on Deutsche Bank woes.

Quarterly Stocks Report will be released at 11:00 am CT today. Trade average estimate for September 1 corn stocks is 1.754 billion bushel, soybean stocks of .201 billion bushel and wheat 2.402 billion bushel. The USDA will also provide an estimate for the 2015 soybean production which could be the wild card in the data.

Thursday, September 29, 2016

Farming UK | News | 2 companies pioneering purchases of Japanese farmland | Japan

Farming UK | News | 2 companies pioneering purchases of Japanese farmland | Japan

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.

Wednesday, September 28, 2016

Tuesday, September 27, 2016

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.

Monday, September 26, 2016

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

Thursday, September 22, 2016

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.”

Wednesday, September 21, 2016

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.

Tuesday, September 20, 2016

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.

Monday, September 19, 2016

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.

Friday, September 16, 2016

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.

Thursday, September 15, 2016

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.

Wednesday, September 14, 2016

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.

Tuesday, September 13, 2016

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%.

Monday, September 12, 2016

Wisconsin Ag Connection - Wisconsin Growers Paying More to Rent Farmland

Wisconsin Ag Connection - Wisconsin Growers Paying More to Rent Farmland

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as trade waits for the USDA report later this morning. Commodity markets as a whole are lower lead by lower stock indices and weaker crude oil. The US Dollar is slightly higher.

Friday, September 09, 2016

End of the line for Hermon dairy Siberia Farms — Homestead — Bangor Daily News — BDN Maine

End of the line for Hermon dairy Siberia Farms — Homestead — Bangor Daily News — BDN Maine

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower on the last day of the shortened trading week. Monday's USDA report will garner much of trades attention today and into Sunday night's trade.

Newswires average analyst estimates for Monday's USDA Supply & Demand report have old crop corn stocks being increased from 1.706 billion bushels in to 1.711 billion. New crop corn estimates have yield at 173.4, with stocks falling from 2.409 billion to 2.329.

Thursday, September 08, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mostly higher lead by the soybean complex. The weaker US Dollar is helping support the hopes for better demand. Commodities across the board are suggesting traders are starting the day with a risk-on attitude.

Soy complex lead the rally on Wednesday at CME as chatter of big demand circulated. In the past few days some industry analysts are suggesting the USDA could lower soybean ending stocks to below 200 million bushel from the 255 report last month due to a discrepancy in USDA data. Rich Nelson is working hard to crunch the numbers and find the real facts.

Corn and wheat have been followers of the rally however short covering ahead of next Monday’s USDA September S&D report is most likely the cause. Early corn harvest yield reports are coming in under what producers were expecting although very good yields.

Wednesday, September 07, 2016

Farming landscape shifts with changing times - News - The Daily News - Jacksonville, NC

Farming landscape shifts with changing times - News - The Daily News - Jacksonville, NC

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher lead by the soybean complex. Strong export shipments and the anticipation of grain demand benefiting from currency exchange rates provide support. The US Dollar and crude oil are up slightly after the recent sell-off.

Tuesday, September 06, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are lower�on harvest pressure and demand concerns. Outside markets are higher�ahead of this week's jobs report.

FC Stone estimates US corn yields at 175.6 bushels per acre, up from last month's estimate of 175.0 with production at 15.195 billion bushels. Soybean yields were also raised to 50.1 bpa �vs.�last month's 48.8 bpa. Soybean production is estimated at 4.163 billion bushels.

Friday, September 02, 2016

Farmland worldwide - what's up, what's down and why - Farmers Weekly

Farmland worldwide - what's up, what's down and why - Farmers Weekly

Tyler Morning Telegraph - Driverless vehicles may come to farms with new Autonomous Concept Vehicle tractor from Case

Tyler Morning Telegraph - Driverless vehicles may come to farms with new Autonomous Concept Vehicle tractor from Case

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on holiday weekend position evening. Outside markets are waiting for this morning's jobs data which could offer influence to stock markets and the US Dollar trade.

Weekly export sales�in corn totaled 861,596 tonnes (214,107 old 647,489 new), within the 600,000 - 1,250,000 expectation. On the old crop end of things, as of August 25 we have shipped out 1.794 billion bushels of corn, USDA's goal is 1.925 billion. The real question is the remaining wildcard, donations.

Thursday, September 01, 2016

Cloud computing and the future of agriculture - Office of Academic Affairs - The Ohio State University

Cloud computing and the future of agriculture - Office of Academic Affairs - The Ohio State University

Frugal farmers see bit brighter forecast for income

Frugal farmers see bit brighter forecast for income

Labor costs, water spell deep changes for agriculture | Dan Walters | santamariatimes.com

Labor costs, water spell deep changes for agriculture | Dan Walters | santamariatimes.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as bargain hunters provide support. End-users were noticeable buyers with corn near $3.00 and wheat below $4.00. China’s appetite for soybeans put legs under this market. Outside markets are range bound waiting for employment data tomorrow.

December corn futures slipped 27 � cents during August. November soybeans were down 60 cents and September wheat 46 � lower during August. Can September provide us with a recovery rally as corn harvest begins across the cornbelt?

Wednesday, August 31, 2016

The Future of Agriculture Could Rest With Self Driving Tractors

The Future of Agriculture Could Rest With Self Driving Tractors

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

Change the way California farms for water safety

Change the way California farms for water safety

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower�on position evening ahead of the weekend. Crude oil is slightly lower ahead of this afternoon's rig count report.

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.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with row crops a bit higher. The US Dollar is recovering form yesterday’s loss while crude oil is lower.

Tuesday, August 16, 2016

Farmers Markets, Los Angeles, Palisaides, Kepler Farms

Farmers Markets, Los Angeles, Palisaides, Kepler Farms: Carl Kepner, 48, owner of Kepner Farms, says his career is in his blood.

With Jewish German farming ancestry on one side of his family and Spanish and Apache grocery store owners on the other, Kepner has found a happy medium as a small-scale rancher selling high-quality products at local farmers markets. And his customers are eating it up.

Indoor farms gives vacant Detroit buildings new life

Indoor farms gives vacant Detroit buildings new life: Entrepreneurs are taking advantage of inexpensive former warehouses and factories in Detroit and transforming them for agricultural use to produce local foods.

There’s a growing movement of using vacant buildings and spaces to produce lettuce, basil and kale, and even experiment with fish farming — year-round.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are�mixed with wheat slightly lower, while corn and soybeans continue to see strength following yesterday's rally. Outside markets are mostly�higher.

Monday, August 15, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering and hopes that USDA gave its largest production numbers of the year. The US Dollar is slightly lower, Crude oil is higher and stocks indices are near all-time highs.

Saturday, August 13, 2016

Real World Economics: Farmland prices not done falling

Real World Economics: Farmland prices not done falling: According to the U.S. Department of Agriculture, the price of farmland, averaged across the�whole country, fell in 2015. That puts the official seal on what people involved with farming in the Midwest have felt for two years —�that the peak of the farmland price boom has passed and that there is considerable potential to fall.

Friday, August 12, 2016

Sedalia Democrat | The next generation of agriculture

Sedalia Democrat | The next generation of agriculture: Although the manner in which farming is done today has changed in some respects from that of previous generations, one thing that hasn’t changed is the ability of agriculture producers to face challenges every day to meet the goal of feeding the world.

Wisconsin Ag Connection - Bank Survey: WI Farmland Values Escalate During 2nd Quarter

Wisconsin Ag Connection - Bank Survey: WI Farmland Values Escalate During 2nd Quarter: Wisconsin continues to outpace the rest of its neighbors in the growth of farmland property values. According to the latest survey of agricultural lenders in the Seventh Federal Reserve District, state farmland values between April through June were up seven percent from a year ago, and rose five percent above the previous quarter. District wide, land values decreased one percent from the same three months compared to last year, but did move up one percent from the first quarter of 2016.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are mixed ahead of the 11:00 AM USDA Supply and Demand data. The US Dollar and stock indices are higher while crude oil is near unchanged.

Analyst estimates�for today's USDA report have corn and soybean yields at the center of attention. For corn, the average trade guess is 170.6. For corn production the trade sees 14.757 billion bushels. They see corn ending stocks being revised up from 1.701 billion to 1.716 for old crop and from 2.081 billion to now 2.255 for new.

Thursday, August 11, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower ahead of export data later this morning. The US Dollar and stock indices are higher while crude oil is near unchanged.

Friday’s USDA August Supply and Demand report is taking precedence over all other issues, keeping grain markets in a trading range. Yield is creating the most discussion as newswires survey of analyst has a wide range of expectations for corn. Soybean yield estimates are looking for higher average production which is the crop that could be affected by rainfall or lack of over the next several weeks.

Wednesday, August 10, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mostly higher as trade anticipates the USDA Supply and Demand data on Friday. The US Dollar is lower providing underlying support for grain exports. Crude oil is lower while stock indices remain quiet.

Weather is becoming less important as the forecast has enough rain to keep the crop rating well above average. The focus of discussion for the next few days will be US corn yields. Current range of estimates are 167 to 175 for corn.� Soybean attention is on export demand.

Tuesday, August 09, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are�lower�as trade estimates begin to circulate for Friday's USDA Supply and Demand report.

Corn was rated 74% good to excellent in yesterday's Crop Progress report. Analysts had been expecting a 75% rating. 53% of the crop was rated in the dough stage, while 9% was denting.

Soybean ratings came in at 72% GTE with 91% booming and 69% setting pods. The GTE rating was inline with estimates.

Spring wheat, which is now 30% harvested, was rated 68% GTE. The harvest estimate was a little better than analysts were expecting.

Monday, August 08, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher led by the soybean complex. Chinese demand is the key driver as soybean sales continue to grow. Wheat gets help from large fund shorts. Outside markets are higher as traders start the week with a risk on attitude.

The week ahead will have traders watching the weather forecasts however the hot dry window is closing and of course we’ll be waiting for talk of frost. This week traders will be adjusting positions ahead of the August USDA Supply and Demand report.

Analyst estimates on corn and soybean yields will be bountiful this week. Informa’s numbers released late last week was a bit smaller than trade was hoping.

Friday, August 05, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on�position evening ahead of the weekend and after yesterday's low volume trade. Traders will watch for any new export announcements this morning for signs of continued demand strength.

Weekly corn export sales released yesterday had sales of 1,227,394 metric tonnes (331,142 old 896,972 new). That was just over the 800,000 - 1,200,000 trade expectation. Shipments, however, should be the focus, not just sales. Actual shipments of old crop corn total only 1.592 million bushels. Allendale sees this year's remaining shipments at 204 million and donations of 46 million. This brings us to a working old crop corn "export" of about 1.842.

Soybean sales over the past week totaled 1,670,347 metric tonnes (542,185 old 1,128,162 new). That was within the 1.1 - 1.8 million expectation. Current sales total 1.926 million bushels. Current soybean shipments total 1.697 million bushels. We would expect 109 million bushels more by the end of August. Along with a minor adjustment for donations we would assume 1.816 in total exports based off our shipment model. That would surpass USDA's 1.795 estimate.

Thursday, August 04, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as traders look for bargains. The large expected US crop is creating a headwind as traders look for answers on upcoming USDA Supply and Demand report. US Dollar is higher while crude oil and stocks are lower.

Allendale’s Weather Model which is based on the most recent weather data is currently projecting a 170.4 bpa for corn and 47.0 for soybean yields.

Wheat prices bounce off of contract lows and prices not seen since 2006. The large managed money fund position last week is expected to increase on Friday's CFTC report. Problems with EU wheat harvest and potential quality concerns are starting to tip the thinking that world buyers may have to come to the US eventually.

Wednesday, August 03, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mostly higher on short covering after a sharp decline. Crude oil recovers and the US Dollar is higher. Stock indices continue on a weak path.

New crop corn futures hit 3.19 � in the September contract. Is that close enough to last year’s target low trade has been touting?

Soybean traders are facing the fact that weather conditions for the balance of August does not provide many problems for bean development. Analysts estimates are now raising national soybean yields which increases the potential carryover for 2016/17. The reluctance of managed money to reduce net long positions over the past several weeks also provides a negative bias.

Tuesday, August 02, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are mixed following yesterday's sharp soybean drop and better than expected crop progress report.

Weather maps�show a good forecast for development and a very good sized crop.

Crop conditions continue to look impressive in the U.S. Yesterday afternoon, USDA rated corn at 76% good to excellent, even with last week. Estimates were for the crop to fall 1% in GTE. 91% was reported silking, while 30% was doughing.

Monday, August 01, 2016

China to Cut Corn Acreage by 9% by 2020, Agriculture Minister | Successful Farming

China to Cut Corn Acreage by 9% by 2020, Agriculture Minister | Successful Farming: China, the world's second-biggest corn consumer, will reduce planted acreage for the grain by 3.3 million hectares or 9 percent by 2020, said a top agriculture official, a cut seen as unlikely to significantly dent the country's huge oversupply.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as we start a new month of trading. �Weather expectations and lower crude oil prices are providing the selling attitude.

The weather forecast over the next 15 days shows temps normal to above normal but rains normal to above normal as well. Trade is concerned that�warm temps could cause reduced yields.

Sunday, July 31, 2016

Gaps in 4G network hinder high-tech agriculture; FCC prepares to release $500 million to improve coverage

Gaps in 4G network hinder high-tech agriculture; FCC prepares to release $500 million to improve coverage: Vineyard management consultant Alan Campbell set out to fine-tune irrigation across the Pacific Northwest with a system that relays soil-moisture data from the field to the computing cloud and back to the grower in real time.

His company, SmartVineyard, is trying to make it easy for wine-grape producers, plus other crop growers, to practice precision irrigation, but the system won’t work without a high-speed, or 4G, cellular connection.

As anyone who travels outside the Willamette Valley knows, there are still plenty of gaps in the high-speed network, and Campbell said that was a concern when he started the Portland-based business three years ago.

Saturday, July 30, 2016

Rural America confronts a new class divide - CSMonitor.com

Rural America confronts a new class divide - CSMonitor.com: The rows of low-slung plants under the hot Georgia sun are deceptive: It’s what grows underground that counts.

“I love this dirt more than anything – except my son,” says farmhand Franklin “Spanky” Laidler, jumping off his red tractor onto a field where peanuts burrow in the ground.

Montana's economy shrinks as energy, agriculture contract | Government & Politics | billingsgazette.com

Montana's economy shrinks as energy, agriculture contract | Government & Politics | billingsgazette.com: Montana’s economy has shrunk for the second straight quarter, according to a Bureau of Economic Analysis report issued this week....

Friday, July 29, 2016

Drought Has Mass. Farms On ‘Brink Of Collapse’ � CBS Boston

Drought Has Mass. Farms On ‘Brink Of Collapse’ � CBS Boston: Much of the state is in moderate to severe drought, lawns have gone brown and farmers are desperate to see it pour.

For a lifelong farmer like Edward Davidian, the drought has gone on too long.

“This is probably the driest one I have ever seen,” says Davidian.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weekly exports sales were released yesterday morning. For soybeans, net old crop sales came to a net cancellation of 1,400 tonnes. Analysts had been expecting old crop sales of 250,000 to 450,000. New crop soybean sales totaled 678,200, within expectations of 600,000 to 800,000 tonnes.

Old crop corn sales were reported at 438,800 tonnes, continuing the recent strong pace. Estimates were for 300,000 to 500,000. New crop sales totaled 476,500; this was also within expectations of 450,000 to 650,000.

Wheat sales for the 2016/17 marketing year came to 506,100 tonnes, hitting analyst expectations of 400,000 to 600,000.

Thursday, July 28, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: With weather forecasts becoming less important, trade is now focusing on row crop yields. Many are now using a 170 plus corn yield in their balance sheets and a soybean yield of 48 to 50 bushels per acre.

Weather forecasts out 15 days have a few days of above normal temps followed by several days of below normal temps and good moisture coverage. This forecast should be helpful to solidify corn yields. Soybean yields have another 30 days of critical development.

Wednesday, July 27, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed with corn steady, soybeans higher and wheat a bit lower. The US Dollar is higher and crude is lower. Trade is waiting for Fed meeting comments later today.

Weather forecast has�periods of rain through much of the Midwest over the next 6 days or so. While the soybean crop still needs key rainfall in some areas and dryness in others, the corn crop will be affected by temperatures during dry down. Traders will likely relax focus on weather forecasts and hone in on yield potential over the next few weeks.

Tuesday, July 26, 2016

Agriculture jobs expand beyond farming

Agriculture jobs expand beyond farming: Agriculture is a billion dollar industry, but it isn't just about farming. Job opportunities also include positions in fields such as technology, human resources and even animal care.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed�as the US corn and soybean crops continue to be reported in good condition.�Macro traders will take interest in this morning's consumer confidence report.

Crop conditions out yesterday afternoon had corn rated at 76% good to excellent, unchanged from last week. Trade estimates were for a 1% decline to 75%. The crop was seen at 79% silking, and 13% doughing.

Monday, July 25, 2016

Drought hitting farms hard - Times Union

Drought hitting farms hard - Times Union: At Lavoie's Farm in New Hampshire, beans and corn haven't broken through the ground yet and fields of strawberries are stunted.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on bargain hunting after last week’s sharp losses. The US Dollar index and crude oil are lower.

Weekend weather and short-term forecasts would have to be considered supportive to row crops. However, the 6 to 15-day period has above normal temps across the Midwest.

Crop conditions report this afternoon is expected to show some downgrading due to the heat last week.

CFTC Commitments of Traders Report showed managed money funds were net sellers of corn last week of 22,064 contracts making them net short 13,362 contracts. They sold 21,715 contracts of soybeans remaining net long 137,692. They increased their record net short position in wheat by 1,938 contracts to 116,606.

Sunday, July 24, 2016

Farms struggle without workers

Farms struggle without workers: Early�Friday morning, farmer Bill Huston was already having a bad day -�the tractor had a flat tire, his truck wouldn't start and�people he was expecting to work in the fields picking vegetables hadn't arrived.

He needs seven pickers; on Friday�he was expecting four.

"Right now, I've got two," Huston said.

He also had an order for 60 boxes of zucchini, and if no one else is there to pick them, Huston would have to do it, which means other work won't get done and the business will fall further and further behind on things like paperwork, spraying and weeding.

What if the poor were sent to work on�town-owned farms? They were, and it wasn’t pretty

What if the poor were sent to work on�town-owned farms? They were, and it wasn’t pretty: Struggling to find a good way to care for their poor, towns throughout New Hampshire adopted a novel approach about 1830, when they began to buy up vacant farms where they hoped the able-bodied could live, work and provide for themselves.

The idea spread within a matter of five years to roughly 60 percent of the towns in the state, said Steve Taylor, the revered former commissioner of the state’s Department of Agriculture, in an hourlong talk in Chichester on Thursday.

Saturday, July 23, 2016

This Old Farm bolsters small, new farms

This Old Farm bolsters small, new farms: Jessica Smith, owner of This Old Farm�in Colfax, said the United States is losing between 3 percent and 5 percent�of its processing infrastructure each year,�meaning that farmers are continually losing options for places that process meat and produce — an issue that especially impacts small farms.

Friday, July 22, 2016

Non-farmers to play bigger role in farmland market - News - FG Insight

Non-farmers to play bigger role in farmland market - News - FG Insight: High net worth individuals will continue to see land as an attractive investment, with the value of farmland to them not directly related to its earning capacity, according to Strutt and Parker.

Farmland has often been seen as an attractive investment within uncertain economic times.

The New Gold Rush in Washington State is Farm Land | Live Trading News

The New Gold Rush in Washington State is Farm Land | Live Trading News: Many people know about home prices and rents soaring across the Puget Sound region and Washington State, but they might be surprised at the latest type of property to get swept up in the state’s real-estate wave: Farms.

The average sale price of high-quality Washington farmland has increased 25% in the last year, and is up 47% in the last 4 years, according to new data from Farmers National Company.

Agriculture tech startup Indigo raises $100 million in new funding - Times of India

Agriculture tech startup Indigo raises $100 million in new funding - Times of India: Agriculture technology startup Indigo has raised $100 million in a new round of funding, bringing its total financing to more than $150 million, a sign of growing investor interest in new ways to ease food scarcity.

Why a small agriculture tech company is big business - CSMonitor.com

Why a small agriculture tech company is big business - CSMonitor.com: The population is expected to teeter over 9.6 billion in 2050, and feeding this global citizenry will require a staggering�70 percent more food�than the world produces now, says the United Nations.

Technology Weaves Its Way Onto Wisconsin Farms | WUWM

Technology Weaves Its Way Onto Wisconsin Farms | WUWM: For decades at this time each summer, Wisconsin farmers have gathered to talk technology.�Wisconsin Farm Technology Days began back in 1954 with a simple hay baling contest in Waupaca County.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: NOAA�released an updated long term forecast. For the month of August they see normal to above normal temperatures and normal to above normal precipitation.�For the extended August - October forecast, they are calling for�above normal temps and normal to above normal precipitation.

Soybean auctions in China overnight resulted in the sale of 332,039 tonnes of state reserve soybeans. A little over half of what was offered actually sold. The average sale price was $489.11 per tonne.

Thursday, July 21, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets�are higher due to short covering and a little drier, hotter change to the forecast. The US Dollar is weaker also providing support to the grain complex. Stock indices are a bit lower as traders do some bargain hunting across the commodities.

Wednesday, July 20, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering. Stock indices and US Dollar are adding to recent strength while crude oil is near steady.

Weather forecasts are still very important however time is ticking as crop development progresses.

Argentina’s trucker strike raises concerns about corn and soybean movement to ports for export.

Tuesday, July 19, 2016

California coast: Oceanfront farmland preserved along San Mateo County coast - EastBayTimes.com

California coast: Oceanfront farmland preserved along San Mateo County coast - EastBayTimes.com: A fledgling effort to preserve working farms is growing along San Mateo County's scenic coast with the addition of a 96-acre Brussels sprouts farm three miles south of Pescadero.

Providing scenic oceanfront views and sitting adjacent to a state beach along Highway 1, it's the kind of property that environmentalists in the past would have added to the state parks system.

Brexit impact minimal on global agriculture, economist says - Business - Capital Press

Brexit impact minimal on global agriculture, economist says - Business - Capital Press: While Britain’s decision to exit the European Union is expected to create difficulties for farmers, agricultural trade and investments in the region, it isn’t expected to have a significant impact on the global food system.

“I think there will be a ripple (but) it will barely make a dent in the global food system,” said Mike Dwyer, chief economist for the U.S. Feed and Grains Council and former economist with USDA’s Foreign Agricultural Service.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Temperatures are expected to climb this week in much of the corn belt as the ridge moves into the midwest. Questions remain over the long term forecasts for both temperatures and rainfall. Drew Lerner's weather presentation on Thursday will be very interesting to hear. Be sure to tune in live as no weather recording will be available.

Monday, July 18, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weather conditions and forecast have most of cornbelt seeing favorable conditions for crop development. The southwest and central western portions of the Midwest could see some stress for growing crops and livestock the second week of the forecast as heat develops and moisture is limited. However, the ridging is expected to flatten out or move back to the west limiting crop stress.

Saturday, July 16, 2016

Taylor Maid Farms coffee sold to Healdsburg investment firm | The Press Democrat

Taylor Maid Farms coffee sold to Healdsburg investment firm | The Press Democrat: A Healdsburg investment firm announced Friday it has purchased Sebastopol’s Taylor Maid Farms coffee, entering a rapidly consolidating and changing marketplace dominated by the behemoth Starbucks and fast-charging Peet’s Coffee & Tea.

InHouse Ventures has purchased the business from Chris and Terri Martin, who bought 100 acres of property on Taylor Lane in Occidental in 1991 and two years later started roasting organic coffee beans for the wholesale market in an old barn on the farm. Financial details were not revealed.

Agriculture Displays Four Pieces Of Equipment Made Available Through Senate Drought Funding -

Agriculture Displays Four Pieces Of Equipment Made Available Through Senate Drought Funding -: The Department of Agriculture had on display today four pieces of equipment purchased through a $500,000 Senate appropriation that was approved by Governor Kenneth Mapp last year during the drought season.

Friday, July 15, 2016

Farmland values decline, demand also down - Farm Futures

Farmland values decline, demand also down - Farm Futures: A steady but gradual decline in farmland values continued into the first half of 2016 across the states served by Farm Credit Services of America (FCSAmerica). Iowa has experienced the greatest decline in average farm values – about 20% since the market’s 2013 peak. Nebraska and South Dakota farmland has declined by a more modest 12.5% and 4.8% respectively during the same period.

Valley farmers dealing with summer drought - WFMJ.com News weather sports for Youngstown-Warren Ohio

Valley farmers dealing with summer drought - WFMJ.com News weather sports for Youngstown-Warren Ohio: The last 60 days has brought more dry weather to the area resulting in a drought in all of Mahoning County and the Western Part of Columbiana County.

With the weekend forecast bringing sunshine and no rain area farmers are now surrounded by dry land.�

You might notice the local corn leaves are starting to curl up. �They do that to conserve moisture. �Local farmers say we need rain and a lot of it.

Montana agriculture photographer wins top prize in international - KTVQ.com | Q2 | Continuous News Coverage | Billings, MT

Montana agriculture photographer wins top prize in international - KTVQ.com | Q2 | Continuous News Coverage | Billings, MT: HAVRE -
A farm and ranch photographer from Montana won top prize Thursday in an international photography contest.

Todd Klassy, of Havre, won the Star Prize for Agriculture Photography�presented by the International Federation of Agriculture Journalists (IFAJ) recognizes excellence in agricultural photography from around the world.�

Precision agriculture: future of the CAP? – EurActiv.com

Precision agriculture: future of the CAP? – EurActiv.com: Increasing yields and the quality of the production while reducing energy consumption and inputs or “produce more with less” is the principle of precision agriculture (PA).

Precision agriculture enables the modulation of cultural practices and doses inputs (seeds, fertilisers, plant protection products, water) based on the variability of soil and crop requirements.

Currently, 150 000 ha are managed in precision agriculture in France and 50% of crop farms have a tractor with console. One farm out of four is able to modulate its provision of fertilisers and pesticides.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: NOAA�updated their La Nina forecast and now see a 55% - 60% chance of La Nina in the fall/winter. That is down from a 75% chance in last month's update. Near term maps continue to bring volatility to ag markets.

Weekly export sales were released yesterday morning for the week ending July 7th. Corn sales totaled 1,355,620 metric tonnes (667,777 old 687,843 new). That was over the trade estimate of 800,000 - 1,200,000. Sales in the past four weeks have averaged 62% over the five year average.

Thursday, July 14, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher as a hot dome approaches the Midwest. Risk on by investors in all markets is providing an additional lift. Stock indices are setting new record highs. Crude oil and the US Dollar are also showing green this morning.

Wednesday, July 13, 2016

Farmland values in England remain stable for now...

Farmland values in England remain stable for now...: Farmland values in England have stabilised after falling at their fastest pace in at least 12 years, but the long-term direction may depend on post-Brexit trade negotiations, the latest report shows.�

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weather forecasts now become key grain market focus as we go through pollination in corn and approach the important soybean development period. Due to the current above average condition of the US corn and soybeans, most traders are focusing on the 11 to 15 day forecast as they look for any sign of extended heat and dryness.

Tuesday, July 12, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weather forecast�maps continue to show a ridge of high pressure building over the plains and midwest. This is expected to bring significant heat which would impact crop conditions.

Allendale�estimates for today's USDA Supply & Demand report have 15/16 corn ending stocks at 1.778 billion bushels, soybeans at .379, and wheat at .981. For new crop estimates, we see corn at 2,218, soybeans at .312, and wheat at 1.071 billion bushels.

Monday, July 11, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weather over the weekend provided more than the amount forecast for the northwest cornbelt. Long range forecasts have added heat and the talk of a ridge building for the Midwest. We are in the middle of corn pollination making temps very important for production potential.

Crop conditions report this afternoon is expected to show improvement for corn and soybean good/excellent categories.

Friday, July 08, 2016

Robots Are Coming to Agriculture. Will They Make Big Ag More Sustainable? � Environmental Leader � Environmental Management News

Robots Are Coming to Agriculture. Will They Make Big Ag More Sustainable? � Environmental Leader � Environmental Management News: Planting the Seeds of a Robot Revolution: How Autonomous Systems Are Integrating into Precision Agriculture, says that while cost is a barrier to widespread adoption, it is on the downward slope.

Gauging the impact of climate change on U.S. agriculture | MIT News

Gauging the impact of climate change on U.S. agriculture | MIT News: To assess the likely impact of climate change on U.S. agriculture, researchers typically run a combination of climate and crop models that project how yields of maize, wheat, and other key crops will change over time. But the suite of models commonly used in these simulations, which account for a wide range of uncertainty, produces outcomes that can range from substantial crop losses to bountiful harvests. These mixed results often leave farmers and other agricultural stakeholders perplexed as to how best to adapt to climate change.

Napa sees farmland total shrink slightly over two years | Local News | napavalleyregister.com

Napa sees farmland total shrink slightly over two years | Local News | napavalleyregister.com

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Extended forecast maps continue to fluctuate on heat and expected rainfall, causing wild swings in ag commodities. The volatility will continue until trade gets a better grasp on the remainder of summer's weather. Drew Lerner's weather outlook during our Summer Conference Series will be very interesting to hear.

Weekly Export Sales will be released this morning, a day late due to the 4th of July holiday. Estimates for the report are old crop corn at 500,000 to 700,000 tonnes, and soybeans 400,000 to 600,000 tonnes. New crop sales are estimated at 400,000 to 600,000 for corn, 500,000 to 700,000 for soybeans, and 400,000 to 600,000 for wheat.

Thursday, July 07, 2016

Successful Land Sale: Investors Buy Linn County, Iowa, Farm for $7,920 an Acre | Successful Farming

Successful Land Sale: Investors Buy Linn County, Iowa, Farm for $7,920 an Acre | Successful Farming: Hertz Real Estate Services auctioned off two tracts of land totaling 200 acres, just south of Palo, Iowa, in Linn County on June 30.

Robots are coming to agriculture | Ag Professional

Robots are coming to agriculture | Ag Professional: Even though cost continues to remain a barrier to adoption, robots are finding their way into agriculture, threatening to alter the landscape of farming across the world, according to Lux Research.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weather maps�are not providing much change this morning.

Funds were�net sellers across the grain and soy complex on Wednesday.� Trade estimated they were net sellers of 13,000 corn contracts, 3,500 soybeans, 3,000 wheat, 2,500 soymeal and 4,000 soyoil contracts.

Black sea wheat�exporters have started harvesting and are finding quality wheat with higher yields than a year ago. Russia is expected to be gathering a record wheat crop this year.

Strategie Grains�puts the 2016 French soft wheat crop at 36.5 million tonnes, down from 38.5 million June estimate.

Wednesday, July 06, 2016

Namibia: Foreigners Own 1.4 Million Hectares of Farmland - allAfrica.com

Namibia: Foreigners Own 1.4 Million Hectares of Farmland - allAfrica.com: A total of 281 foreign nationals own 1.4 million hectares of agricultural land in Namibia, Minister of Land Reform Utoni Nujoma revealed last week.

Responding to questions posed by DTA president McHenry Venaani in the National Assembly, Nujoma said of the 281 foreign nationals some own land in partnership with Namibians.

Yesterday, Venaani told reporters he would petition President Hage Geingob in an open letter on the issue, adding that the Harambee Prosperity Plan (HPP) cannot be implemented while farmland remains in the hands of foreigners.

U.K. Farmland’s Bull Run Is Over After Brexit Puts Subsidies in Doubt | Agweb.com

U.K. Farmland’s Bull Run Is Over After Brexit Puts Subsidies in Doubt | Agweb.com: U.K. farmland, which for years has rivaled gold as a place for investors to park money in, is starting to lose its allure because of Brexit.

Farmland prices, which began falling in late 2015, should drop or at best stagnate in the next six to 12 months on concern about the industry’s future as the U.K. prepares to exit the European Union, said Simon Gooderham, who focuses on rural property at estate agent Cheffins. Many won’t risk buying land due to uncertainty over trade and EU subsidies farmers depend on, he said.

Northwestern Arizona sees depleting aquifers due to farms - Story

Northwestern Arizona sees depleting aquifers due to farms - Story: Officials say northwestern Arizona is seeing depleting aquifers due to growth and water use by farming operations.

The Kingman Daily Miner reports�Arizona Department of Water Resources said last week established farming operations are having a huge impact on the water supply in Mohave County.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are weaker as a weather system moves across the northern portion of the Midwest. Technical follow through selling continues to provide pressure on prices. Crude oil is lower while the US Dollar is higher creating further headwinds for the grain traders.

Tuesday, July 05, 2016

Former student donates $3 million in farmland to Goshen College | WSBT

Former student donates $3 million in farmland to Goshen College | WSBT: The estate of a former student who attended only three semesters more than 70 years ago donated the land.