BOB'S REVIEW
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Oct 29, 2015  10/30/15 8:12:25 AM

We had a good stretch of harvest weather and the recent rains were needed.  3 weeks without rain and warm temperatures really dried the corn down.  One thing we didn’t need were those strong winds! 
 
I appreciate everyone’s patience as we waited for Alliant to get us the new electric service so we could hook up power to the new pit, receiving/wet leg and new dryer.  We temporarily ran the dryer on the old service for a couple of days until the new service was available.  The new receiving pit was first used on 14th.  The dryer has 64 hrs on it.  We plan on using it more over the next several years.  The electricians still have a little work to do.  The overhead doors for the new pit building need to be installed.  The walk in doors to the electrical room and pit building should be installed early next week.  We have some concrete work that needs to be finished.  Don’t know yet if we’ll get it done this fall or next spring. 
 
Alliant has to unhook the old transformer and Konken has to get the office, concrete and north facility unhooked from the temporary feed and then hooked up to the new service.  We are planning on having the power off 2 or 3 hrs the 2nd week in November.  Power will be off for the entire facility.  We will let everyone know in advance on the schedule of the shut down.  
 
The grain markets continue their sideways trading pattern.  The market will try and digest the size of this year’s crop over the next several months.  We have truly been blessed with great yields.  Big yields usually mean lower prices.  Basis values remain strong.  SA growing areas have received some beneficial rains and more are expected as they get their crops planted.  I would expect the market to trend sideways/lower until we start talking about growing issues in SA or if we have issues getting our crop planted next spring.
 
Have a good weekend.
 
Bob
 
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