Mark your calendars for the NCCA Plot Tour. August 27th - 6:00 pm Topics Covered will be: Review 2014 Obstacles Goss's Wilt Management Corn, Soybean & Forage Placement Cover Crop Strategies
Cover Crop Seed If you have wheat stubble or have chopped corn now is a great time to seed a cover crop. Use this time to increase your soil's organic matter and water infiltration as well as reduce erosion. These fields then can be used as addiional grazing later in the fall. If you have livestock you can even get some good grazing out of it. Talk to your NCCA Agronomist today for different mixes and prices.
Lime- Summer Delivery Now is the time to start getting your lime hauled for your needs this fall. Most quaries now have a decent supply but as we come into fall those supplies are usually gone, making us truck more miles to a different quary. Also if you have wheat stubble, this is a perfect time to get some lime on.
Gypsoil is offering early prepay and early delivery incentives until the end of August. The sooner you prepay the better the deal. Come in today to see how you can save up to $4/ton and to learn about the benefits of Gypsoil brand gypsum.
We are starting to sound like a broken record here. Yesterday we saw the same thing as the past couple of days; the Pro Farmer Crop Tour found more fantastic yields in Illinois and Iowa and the market reacted accordingly. In Iowa and Illinois the corn was estimated to yield 6 to 14 percent above last year’s crop and 12 to 30 percent above the 3 year average. That pegs the yield at a staggering 197 bushels per acre for Illinois and 179 for Iowa. Looking at the pod count, Iowa and Illinois came in at 1,158 and 1,299 respectively. That is 21 and 16 percent higher than last year. So far their estimated national yield looks to be higher than the USDA August estimate. Their final number will be out Friday. On that news corn closed down a nickel, and beans were down 15. Currently corn and beans are hovering around a penny to 2 up. New crop soybean export sales are helping support the market this morning as we see another huge week. This week sales totaled 1.42 million metric tonnes. Yesterday wheat was down on fund selling and closed the day 6 cents lower.
Farm Stored Corn In order to accommodate the large 2014 harvest we'll need open space in the elevators. To accomplish this the 2013 Farm stored bushels coming to town over the next 2 months you don't plan to sell may be placed on a Deferred Pricing contract. This will allow you to price the grain later but also transfers the corn ownership to the co-op allowing us to move the corn into market channels and open up space for your 2014 crop. If you have any questions please call the Seneca office at 785-336-6153.
Farm Stored Corn We still have a few end users paying a premium for old crop corn. The amounts needed are limited and shipment time is important. Call Charles or Trevor at 785-336-6153 for details.
Heavy rain and thunderstorms are expected this weekend in the northwest Midwest, Northern Plains and into the Canadian Prairies. Central areas of the Midwest and Plains may get some light rains, while other crop areas are expected dry. » More DTN Weather Commentary
Grain is purchased during Market hours between 8:30 am -1:10 pm. Grain offers after the close will be placed in the night session which operates from 7:00 pm - 7:45 am. Our Cash Bids on this website are based on an electonic CBOT 15 minute delayed quote and are subject to change without notice. Phone 785-336-6153 or Toll Free 877-336-6153