Product Options | |
By Chris Rutledge, Agronomist, Irene | |
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The 2025 growing season is off to the races! Based off the current GDU map it is time to be sweeping alfalfa for weevil and making spray recommendations if they reach threshold. If we spray for weevil after first cutting it would also be a great time to add foliar feed to your program. With CFC offering drone application I would like to see growers try some fungicide and foliar feed products to see their added benefits. This season is going to go fast so make sure you are talking to your sales agronomist about your product options and for timely application and delivery. Tar spot is here so make sure fields are being scouted so we can stay ahead of it. Thank you for your business and have a safe and prosperous season! |
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Manager's Notes | |
By Mark Finck, General Manager/CEO | |
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The Viborg Grain project construction is underway. They have the floor and walls for the basement and pit area poured and are working on compacting material for the east bin pad. Weather permitting, they hope to start forming the walls and tunnel for the east bin and potentially pour them next week. We also have a millwright crew on site starting to assemble tower sections and equipment as it is delivered. We will also be building a new truck scale that will be located to the west of the office, north of the east bunker. They are constructing two roads on the new property, one that will go to the new dump pit and the other on the south side of the bunkers for the Le Mar Grain Conveyor. We are working with the township and will construct a driveway that will allow traffic to flow without going out onto the county highway for the safety of both grain haulers and traffic flowing along 291st Street. Contractors were able to start earlier than we projected so we are currently ahead of schedule on the Viborg project. The Dimock Fertilizer plant project has all the equipment assembled and ready for the crane, which is scheduled to arrive next Wednesday. They project 3-4 days of crane work setting all the bins, catwalks, conveyors, legs and tower sections. Electricians have 3 weeks of work after that to finish the wiring and are ready to test run the equipment. The plant will be operational in June and we plan to start using it for summer side dress season. We were able to keep fertilizer moving this spring utilizing the old plant and pulling semi-loads of blended fertilizer out of the Marion plant. Special thanks to the employee team in Dimock for their work in taking care of our customers. Thanks for your patronage, it is greatly appreciated. |
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Marketing Advice | |
By Hunter Behrens, Grain Originator, Lyons | |
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The corn market was mixed throughout the day Thursday and July corn closed three cents lower at $4.72 and new crop corn went up a cent at $4.47 December futures. The weekly exports were announced Thursday, and results were solid at 40 million bushels. Along with solid exports traders are anticipating US planting progress numbers to rapidly increase on Monday even with widespread precipitation across the Midwest. Depending on where you are in the trade area, most areas received over an inch of rain accumulated throughout the week. Which is great to see and hasn’t impacted planting progress too badly. Soybeans closed higher with support from soy oil again which keeps pressure on soymeal. July soy oil is holding the support level and pushing towards 50 cent/lb resistance. With the help of soy oil, soybeans have been holding key support around $10.35-10.30 but see stiff resistance when nearing $10.50-10.60. Exports sales for the soy-complex came in the range of estimates and remained on track to hit USDA projections. Hope everyone has a speedy and safe planting season and call your local originator for marketing advice. |