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Jerry Groskreutz’s Blog

Jerry Groskreutz's Blog - Page 6

Al-Corn Aerial Picture
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Major Expansion At Al-Corn in Claremont

It was announced this afternoon that Al-Corn Clean Fuels in Claremont will be undergoing a major expansion. Randy Doyal, the general manager, told me they will be more than doubling plant capacity from 50 million gallons of ethanol per year to 120 million gallons...

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CHADS COMBINE
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Market Report: It Was A Little Worse

My comments yesterday describing the market action were "it could have been worse." Today it was, with corn down 4-5 cents. The Dollar Index was lower and that should have helped but it did not...

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CLS_0785
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Project ABE on AM Minnesota

Sam Ziegler, the director of Project ABE, was on today's AM Minnesota program. ABE stands for AG Business Epicenter. The mission of Project ABE is to build on the ag business we have in South-central Minnesota and maximize and grow the overall economy...

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COMBINING CORN DUST
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Market Report: It Could Have Been Worse!

Corn was a bit of a disappointment today, but again it could have been worse. Corn closed around 2 cents lower. Export Loadings were 718,888 MT, which was up 27 percent from the previous week...

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Crystal Valley Hope Rain cars
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Moving Grain To Market

This is a picture of a farmer-owned grain facility I took on my way out to Sioux Falls, S.D, on Sunday to visit my mother. It is amazing when you see these type of grain-drying and storage sites...

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WOLLEN MILL DAN DEC 2015
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Cannon River Very High For December

This is a picture of the Faribault Woolen Mill Dam I took today. In the 20 years I have been in Faribault I don't remember the Cannon River being this high at Christmas time...

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combine one round of beans
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Markets: Two Days In A Row

Generally it was a good day in the grain markets, as they did not give back Thursday's big gains. Since harvest I can remember at least three times we had a one-day rally but could not follow through...

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CHADS COMBINE
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Markets Thursday, Wow!

When the Federal Reserve raised interest rates Wednesday afternoon, the Dollar Index began to move lower. That was reversed in the overnight trade, putting the grains under pressure...

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combining beans last pass
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Fed Raises Interest Rate

The grain markets have been fretting about the Federal Reserve raising interest rates for months. About 1:10 this afternoon it was announced that the Fed raised interest rates a quarter percent...

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SANTA CLAUSE COOKIE
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Bringing the Christmas Spirit to KDHL

A friend of KDHL, Shirley, dropped off a platter of Christmas treats for everyone to share. I had to take a picture of this special Santa Claus...

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