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Ag Business - Page 2

CORN SILKING
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Market Report: Corn and Beans Lower

Corn was hit hard today, closing down about 15 cents. I read the funds sold about 17,000 contracts or 85 million bushels. Sunday evening about 9PM, corn was down about 7 cents, by 4AM it was about 5 or 6 cents, but then later today the selling overwhelmed the market and corn closed about on its lows

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ROUND BALE 1
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New Use For Round Bales

On Saturday afternoon I went over to the Waseca County Fair to do some 4-H interviews. Walking from the parking lot, I had to take a picture of this round bale of hay. When I saw it I remembered that I saw decorated round bales last year at the Waseca County Fair

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TRUCK AND DECK
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Set Up For The Rice County Fair

On Saturday morning Gordy and I went over to the Goodhue County Fairgrounds to pick up our deck and haul it to the Rice County Fairgrounds. Jim from the Goodhue County Fair put it in one of their sheds after the fair last year

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corn growing
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Markets: Corn and Beans Lower Friday

Corn closed out the week Friday 4 to 10 cents lower. A warmer dryer forecast had traders thinking we would see an increase in the corn crop condition in Monday afternoon's report. Looking at the national weather radar this morning major storms were moving through the Iowa Missouri boarder heading East to Illinois, Indiana and Ohio

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beans 2015 taken Sunday
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Markets: Corn Firmer Beans Lower

Corn closed just slightly firmer today which was a bit disappointing after trading about 7 cents higher at one point. The close was at the low end of the daily trading range. Corn has rallied about 90 cents a bushel so it appears we are in a consolidation range

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beans 2015 taken Sunday
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Markets: Corn Slightly Higher Beans Lower

Corn traded lower for much of the session but managed to close about a penny higher. Corn has had about a 90 cent rally and it is not unusual to see some profit taking. It was encouraging after the big losses in corn yesterday to see corn close higher today even if it was only a penny

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beans 2015 taken Sunday
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Markets: Corn Sharply Lower Beans Hold Better

It was a tough day for corn today. Corn was higher in the overnight session and was higher this morning, There was no real bearish fundamental news today, The crop condition ratings were unchanged in Monday afternoons report

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CORN TASSELING
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Critical Time For Corn

This is a picture of a corn field I took by Morristown this afternoon. Much of the corn in our listening area is entering the critical reproductive phase. One of the old phrases in the trade is the corn crop is made in July

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beans 2015 taken Sunday
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Markets: Corn and Beans Higher

It was a pretty good day for corn as it started the week closing around 6 to 7 higher. December corn closed at $4.51-3/4. That was the highest close for December corn since July of 2014. On Friday the USDA estimated corn would have a national average yield of 166

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BUTTON WEED
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Buttonweed in Downtown Faribault

I really appreciate the efforts that the city of Faribault has put into the planters in downtown Faribault. Many downtowns are storefronts, concrete and asphalt. The hanging flowers, iron fences with trees and shrubs really look nice in the summertime

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