The markets continue under pressure as we continue to push further into the fall harvest. December corn futures dropped below the 20-day moving average for the first time since August as new crop supplies begin to refill the pipeline. Equities are lower with the Dow trading to a 7-week low while the dollar index rallies to a 2-month high. Buenos Aires Grains Exchange predicting Argentina grain production to fall 6.1% this year. Corn production is pegged at 47 MMTs versus 50 MMTs in 2019/20. The wheat harvest is expected at 17.5 MMTs, down from 21 MMTs estimated in May and 18.8 MMTs last season. The soy crop is estimated at 46.5 MMTs versus 49.6 MMTs last year. The average trade estimate for today’s U.S. Hogs and Pigs report has all hogs as of September 1st at 100.1% of a year ago. Kept for breeding is estimated at 97.5% and kept for market is pegged at 100.6%. California Governor Gavin Newsome signed an executive order banning the sale of internal combustion engine cars in the state by 2035. Fifteen countries, including the U.K, have instituted similar policies. NOAA’s 6 to 10 as well as the 8 to 14-day maps are showing below normal temperatures and below normal precip for the entire mid-section of the country. Drier than normal conditions should be conducive for an active harvest. Have a great day! Wayne Kollis - Mike Rosenberg - Matt Zeman - Austin Behrendsen - Grant Johnson
Fri 9/25
Sat 9/26
Sun 9/27
Mon 9/28
Tue 9/29
High
85 F
68 F
Low
58 F
55 F
51 F
43 F
45 F
Precip
0%
20%
CFE is rooted in safety. ...
Take advantage of our Protein Tub Promotion!...
Loyalty & Volume Program, Test N' Treat, Corteva TruChoice Discount, Corteva TruChoice Financing...
Consider us your feed and livestock experts. Our feed blends and high-quality ingredients are FDA and HACCP certified. We can source nearly any type of ingredient for custom feed needs and prepare best-cost finished feed formulations based on nutritional specifications. Every ingredient is tested before sale, and we retain the data so our customers can view it upon request.
At CFE, agronomy first is how our agronomy professionals think. As a full service agronomy retailer, we know how important it is to get the most crop from the inputs to ensure the most efficient crop, each year. Our agronomy professionals are here for you.
When it comes to transforming your farm site, home or business, no project is too big for our lumber centers. We offer design servcies and a full line of building materials for any interior or exterior project including lumber, siding, windows, shingles, drywall, countertops, baths and flooring, We've build residential homes, livestock facilites, strip malls, storage sheds, office buildings and even playground equipment. Visit one of our showrooms to see what's possible. We can help turn your wish list into reality.