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March 18th 03/18/10 1:56:31 PM
The strength in the outside markets have pushed the grains higher the past couple of days. No changes in the fundamental picture. 3.62 May corn held last week. So we’ve seen a nice bounce since then. SA bean harvest continues to move forward. Some delays have been noted getting vessels loaded. It’s also that time of year where we hear about worker strikes. Talk like this may keep us off the lows for the time being. All eyes turn to the USDA stocks and planting perspective report which is due out on March 31st.
We will have a Grain Outlook Meeting on April 6th at the North Tama Activity Center in Traer. Kevin Riesberg from RJ O’Brien will present his outlook on grain prices. It will be interesting to see what the experts have to say after crunching together the numbers from the USDA March 10th and 31st reports. He will also present a marketing program that may be of interest to our area producers. Post cards will be mailed in the near term to remind you of the meeting. Hopefully we won’t be quit ready to hit the fields so we’ll have a good turn out.
The waterway mix should arrive next week. Let us know if you need any other grass seed.
Have a good day and a great weekend.
Bob
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