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Jerry Groskreutz’s Blog

Jerry Groskreutz's Blog

GRAIN SETUP
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Market Report: Corn Higher, Beans Mixed

Corn and beans were slightly higher in the overnight trade, but as usual they opened this morning lower. By the close today, corn was up around 3 cents a bushel and soybeans got back to almost unchanged

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CORN GROWING
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AM Minnesota: Think Spring

Even though it is winter, it's time to think spring! Tom Haverstad, a scientist at the Southern Research and Outreach Center in Waseca, will be my guest today on AM Minnesota. We will be discussing production issues as we look forward to the 2015 growing season

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USDA Service Center
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Farm Bill Deadline Extended

Last Friday was the deadline for updating your bases and yields under the new Farm Bill. But the USDA has extended the deadline to Tuesday, March 31.

Remember, if you do not update your bases and yields you will just keep the ones you have

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GRAIN SETUP
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Market Report: Corn and Beans Higher

Both corn and beans closed out February on a positive note. Corn was up 4-5 cents and beans up 4-6 cents.

There was still a lot of talk about the truckers' strike in Brazil, along with the delayed harvest

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STEM SCHOOL
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Adopt a Third Grade at Cannon Valley STEM School

I had fun this afternoon talking to third-grade students at the Cannon River STEM School in Faribault. The Faribault Chamber of Commerce Agri-Business Committee sponsors the Adopt a Third Grade Program

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GRAIN SETUP
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Market Report: Corn And Beans Higher

The bears finally lost control for a day. Corn was up about 4 cents today. I read the finds bought around 8,000 contracts or 40 million bushels. Export sales were below export expectations, but still a pretty good number at 865,100 MT

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HYVEE
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Food Awarness at HyVee Friday on AM Minnesota

On Friday, the Rice County Farm Bureau, along with other commodity groups, will be sponsoring Food Awareness Day at HyVee in Faribault from 9-11 a.m.

I will be hosting KDHL's AM Minnesota program and also a live broadcast

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GRAIN SETUP
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Market Report: It Could Have Been Worse

Corn was down about 1 cent today and beans down 5-8 cents. Both closed well off the lows of the day. The EIA reported ethanol production last week was down 17,000 barrels per day to 947,000 barrels per day

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OWATONNA FFA
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National FFA Week

This is National FFA Week, and FFA chapters in our area are all involved in special activities. The Owatonna FFA hosted its annual Appreciation Breakfast this morning. It was great to see so many friends, administrators, teachers, businesses, parents and other supporters there enjoying breakfast

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GRAIN SETUP
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Market Report: Beans Higher, Corn Lower

Corn started the day higher but was unable to hold onto the gains and closed about 1 cent lower. Pro Farmer reported that the funds sold about 20 million bushes of corn. Are they just defending their short positions after a higher open? It sure seems that way, but it sure was a disappointing close

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