Ag Lime Stockpiling If you plan to spread any Lime on your farms this fall, now is the time to start thinking about getting the lime stockpiled so you know you have secured your supply. Also if you have wheat stubble fields that need lime, this would be a great opportunity to get it spread. Contact your local NCCA Agronomist to line it up.
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Reminder: Midwest Ag Stops Receiving Corn at 3:30 pm
Grain Comments Grains rebounded overnight as global financial markets, specifically the Chinese stock markets, stabilize. Weekly ethanol production dropped slightly to 952k barrels per day vs. last week’s 965k bpd. Seasonally, a slowdown in production is not unexpected this time of year. Weekly export sales were released this morning. Old crop corn and beans saw net cancelations as some sales were rolled to new crop. New crop corn and soybean sales were very strong coming in at 987k tons and 1457k tons respectively. Although this week’s sales were solid, this year’s new crop soybean sales are the 5th lowest total in the last 6 years. Wheat export sales were higher than trade estimates, coming in at 529k tons. Russia is looking at its 3rd largest crop in its post-Soviet history as SovEcon estimates Russian grain production at 101 million metric tons, 61.3 mmt of which will be wheat. 8/27/15
During Saturday, showers with light-to-moderate rain will cover the central Great Lakes, mid-Mississippi Valley and southeastern Plains. We'll see dry conditions elsewhere. Temperatures will warm to seasonal to above-normal levels through the weekend. » More DTN Weather Commentary