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Jerry Groskreutz’s Blog

Jerry Groskreutz's Blog

Grain Bin
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Markets: USDA Report Some Suprises

Going into the Planting Intentions Report and the Stocks Now Positions I was convinced it would be friendly for corn and bearish for soybeans. The result would be soybeans sharply lower, corn higher and eventually beans would pull corn down too

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buffer meeting crowd
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A Big Crowd At Buffer Meeting In Owatonna

Last Saturday the Steele County Farmers Union, along with the Steele County Corn and Soybean Growers, sponsored a meeting on Gov. Mark Dayton's buffer proposal. Commissioner of Agriculture Dave Frederickson, DNR officials, and state representatives and senators were there to listen to what farmers and citizens thought of the proposal

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Grain Bin
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Market Report: Prereport Day Corn and Beans Higher

Corn futures closed 3-4 cents a bushel higher today. Gordy said this morning at 11:15 that there probably was some short covering and position squaring ahead of tomorrow's USDA Stocks and Planting Intentions Report

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Small Growing Corn
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Tom Hoverstad Will Discuss 2015 Growing Season on AM Minnesota

Tom Hoverstad, who is a scientist at the Southern Research and Outreach Center at Waseca, will be my guest on Tuesday's AM Minnesota program. Hoverstad was on AM Minnesota a little over a month ago. He said it would be timely to be on again about April 1 with an update on the approaching growing season

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GRAIN SETUP
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Market Report: Waiting For Tuesday’s USDA Numbers

Corn prices closed about unchanged today as traders are waiting for Tuesday morning's USDA numbers. As far as the reports go, it is one of the biggest of the year. For the Prospective Plantings Report traders are expecting farmers will plant about 2 million fewer acres of corn this year

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RENEWABLE FUELS CONVENTION CENTER
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Display At Denver Convention Center

This is a picture of a display at the Denver Convention Center on renewable fuels and ethanol. Being from Minnesota, I noticed there was a major seed stock missing, corn. These three columns had examples of what ethanol was made from, corn stalks, popular trees and switch grass

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GRAIN SETUP
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Market Report: Corn and Soybeans Sharply Higher

Corn had one of the largest gains of the year today, closing up 10-11 cents. It seems corn and beans have been going the opposite of the dollar recently. So, today the dollar was sharply lower and corn and beans higher

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PANTS POWER SHOW
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Jerry Wears His Big Boy Pants At Power Show

Just in case you are wondering whether I put my Big Boy Pants on for the North American Farm and Power Show, here is the proof. In the picture is Steve Guenther, show manager with Tradexpos, and Val Arlsvold, the executive director of the Minnesota FFA Foundation

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GRAIN SETUP
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Market Report: Another Day It Could Have Been Worse

Corn was down 3-5 cents a bushel this morning, but by the close corn clawed back to close only about a penny lower. The dollar index rebounded after yesterday's drop, and that seemed to pressure all the grains

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KAS MANT AG DAY DINNER
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Kasson-Mantorville FFA Ag Day Dinner Today

The Kasson-Mantorville FFA will be hosting their annual Ag Day Dinner today. The K-M Intro to Ag class will be serving a free dinner from 4:30-7:30 p.m. in the North Gym of the high school in Kasson. The menu includes pulled pork sandwiches, potato chips, side dishes, milk and ice cream sandwiches

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