Fri 3/22
Sat 3/23
Sun 3/24
Mon 3/25
Tue 3/26
High
52 F
45 F
Low
30 F
31 F
40 F
32 F
33 F
Percip
0%
Good Morning! The rally continues for the grain markets with corn futures leading the way for the second consecutive day. CU and CZ futures are both above the 100 and 200-day moving averages for the first time in nearly a month. Meanwhile, soybean futures are unable to push above yesterday’s high. We’ll see if planting concerns, combined with potential Chinese buying interest, is enough to persuade the funds to liquidate their record short corn position. • U.S. trade negotiations with China were progressing and a final agreement "will probably happen," U.S. President Donald Trump said in a television interview with Fox News. When asked about his previous remarks about U.S. tariffs on Chinese goods staying in place for a period, Trump also told Fox News there was no snag in trade negotiations. • Wire story reporting flooding in Nebraska, Iowa and South Dakota has knocked out approximately 13% of the nation’s ethanol production capacity. • The average trade estimate for this afternoon’s Cattle on Feed Report has the number of cattle on feed as of March 1Sst at 99.7% of a year ago. Placements in February are pegged at 96.0%. Marketed in February are estimated at 100.8%. • China’s Agriculture Ministry on Friday urged provincial agriculture departments to release temporary subsidies for breeding farms "as soon as possible" to help them resume production following an outbreak of African Swine Fever. Many large farms are unwilling to restock farms that have had outbreaks of disease, fearing fresh outbreaks. • The weather outlook for the Midwest has rains moving through the Plains this weekend and then head into the Midwest by Sunday and into the early next week. There is another system moving through the region by the end of next week. Temperatures will be turning near average through the first half of next week before going to below average the end of next week. Wayne Kollis - Melissa Peters - Mike Rosenberg - Matt Zeman - Austin Behrendsen
It looks to be a cold, wet start for the 2019 crop seaon. Combat seedling diseases in your soybeans....
Doug Krasne, an independent business transition planner, will be hosting educational meetings about farm succession planning. We invite CFE member families to attend....
CFE has elected to retire 45.932% of the 2009 Local Preferred Equity to our patrons. ...
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