BOB'S REVIEW
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April 16, 2018  04/16/18 2:12:14 PM

I sure hope Spring hurry’s up and gets here!  We only have 65 days until the day’s start getting shorter!! 
 
The dryness in Argentina has given us an opportunity to make both corn and soybean sales.  New and old crop.  Most of you have done both.  We have hedged a lot of bushels since the January 12th USDA report.  Basis has also stayed pretty firm through out the board rally.  Exports could continue to get better.  How many more beans will we sell to Argentina?  I didn’t see this one coming.  Tariff talk will keep the market volatility at a high level.  How close will the actual acres figure come to the prospective planting numbers the gov’t gave us at the end of March?  It doesn’t seem to take very long to plant our seed if the weather and ground conditions are good.  I don’t think we’ll see any planters running around here for at least another 2 weeks.   With a late spring comes a late fall?
 
Like I mentioned on our web page, the county has started work on fixing D-65.  The bridge approaches will be worked on first.  Some parts of the road will have drainage lines dug in.  Grinding and resurfacing will take place in May/June.  The project may be done around the first of July. 
 
The bin project has not started.  I am hoping the dirt work will start early next week.   If everything goes as planned it should only take a week or 10 days to get the bin pad completed.  The actual bin is being shipped Thursday (4/19) and should be here on Friday.  We’ll put the bin sheets inside and find a place for the other parts around the facility.    
 
The outbound scale and driveway project is still delayed.  We’ll use dirt from the bin project to build the scale pad and driveway.  We are currently using the new scale program we purchased from the Oakland Corporation.  The transition is going well.  We hope to be “live” in a month or so.  Live being the scale program will update our Daily Position Record (DPR) as soon as we complete the scale ticket. 
 
Have a great week. 
 
Bob
 
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