Mission Statement "To grow profitablility, retire shareholder equity, and provide sound employment opportunities while striving to keep the local communities strong."
When is $7.00 wheat going to return for new crop?! There are a few bullish rumors floating around that may help in the long term like dry and hot weather in other wheat producing countries. However, I'm tired of waiting for it so I'm going to try to make 7. Click the link to find out how!
Take a look at the Co-Ag Farms J.V. Link to find out more.
Futures closed out the week up 37-1/2 cents. As of Thursday's close, CBOT wheat futures had risen for three straight sessions on worries about dry weather in the southern Great Plains and in Europe and Russia. Futures are up sharply up from last week's four-month lows for the nearest-term CBOT contract. Those concerns, which also span to include dryness in Kazakhstan and Australia, could keep boosting futures Friday. European wheat futures hit a seven-week high Friday, reflecting the weather worries.
Pea & Lentil bids - 4/6/12 - Not much new on the pea & lentil front. Peas are holding steady at this time with limited demand keeping pace with limted grower selling. Still offers only on lentils with grower selling and offers exceeding the very limited demand. Indications at $28.00 for Pardinas & $29.00 for Brewer/Merrits. Richleas at $23.00. USDA tenders continue to trade at low prices. (Lentils below $19.00 cleaned & bagged.) 2012 Production contracts available: Green Peas: $16.00/cwt on 500 lbs. Yellow Peas: $15.00/cwt on 500 lbs. Brewer, Merrit & Pardinal Lentils: $28.00/cwt on 500 lbs OR $29.00/cwt on 300 lbs. No contracts on Richleas.
Barley- Feed wheat is putting pressure on the barley market.
