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Jerry Groskreutz’s Blog

Jerry Groskreutz's Blog - Page 7

GRAIN SETUP
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Market Report: Corn Slightly Higher, Beans Lower

Both corn and beans were trading lower earlier today. By the close, corn recovered and gained a penny, but beans were 8-10 cents lower.

Beans are really having a tough time overcoming a record harvest out of South America

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LYNN WHOLESALE TIRE
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Road Hazards: Good For Business

Wednesday I had an appointment with my Memorial Stall at Wholesale Tire in Faribault. Our daughter Laura's car needed an oil change, tire rotation and a fuel pump. Of course it was up to Dad to get the car there, and pay for it!

Lynn had a container sitting on the counter

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GRAIN SETUP
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Market Report: No Recovery Today

For a while today corn and soybeans followed the same pattern as Tuesday, opening lower at 8:30 and adding to the losses by late morning. By the close Tuesday, corn was up a bit and beans closed about unchanged

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Food Awarness Randy Hanson
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Food Awareness at HyVee

Last Friday, I was out at HyVee in Faribault to celebrate Food Awareness Day. Randy Hanson, president of the Rice County Farm Bureau, helped organize the event, along with the Dakota Rice Corn and Soybean Growers, Rice County Pork Producers, Rice County American Dairy Association and the Minnesota Turkey Growers

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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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