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Around the County

Frequent information updates for agricultural audiences

New Machinery Cost Estimates Available (Custom Rates)

Posted by John Fulton -

New costs of operation figures are available as of this month. These figures are called custom rates in other states, because they are more of a survey of custom operators there. In Illinois, rates are calculated on the actual costs of the operation. For the new rates, click the link: http://www.fa...

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Cornbelt Update - from Stu Ellis

Posted by John Fulton -

Compared to the last two years this growing season has different supply and demand dynamics influencing prices, says IL marketing specialist Darrel Good. Read his latest newsletter at: http://www.farmdoc.illinois.edu/marketing/weekly/html/041210.html • For corn, Good says stocks are more abundant at 1.9 billion, and the most in f...

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Stored Grain Management - from Mike Roegge

Posted by John Fulton -

Stored corn is almost like "the perfect storm": quite a bit of it went into bins a little wet; some had a little bit of damage to it (making storage more difficult); it was too late last fall to get much natural drying done; temperatures are warming quicker than normal; corn is still above 14-15% in bins; roads have been posted the past month when moving corn could have been acc...

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Cornbelt Update - from Stu Ellis

Posted by John Fulton -

While the market may trade expectations, it should trade stocks and consumption, says IL marketing specialist Darrel Good, who says that relationship is more important than trader guesses. He says the soybean "expectations for March 1 stocks were misguided." While the inventory was 70 mil. bu. more than the market expected, Good says soybean di...

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Cornbelt Update - from Stu Ellis

Posted by John Fulton -

• Acreage expansion of several crops will impact prices, according to Dan O'Brien at KS St. He says, "Market expectations for larger production and total supplies of feed grains and oilseeds in 2010 have increased, although confident projections of such are premature. Assuming normal yields and steady demand for US grains in the 2010-11 m...

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