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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?