06/26/09 - - 2009 Summer Harves Policies are now available
08/28/08 - - 2008 Fall Harvest Policies are now available
07/14/08 - - New Storage Rates Effective September 1, 2008
Corn, Milo and Oats - Open Store, Warehouse Receipt or Grain Bank
New rate effective 09/01/08 - $.00125 per bushel per day
(Approximately 3.75 cents per month)
Soybeans and Wheat - Open Store or Warehouse Receipt
New rate effective 09/01/08 - $.0015 per bushel per day
(Approximately 4.5 cents per month)
06/25/08 - - Click here for information on the 2008 Summer Harvest Policies.
04/09/08 - - USDA Supply and Demand Report at 7:30 a.m.
03/31/08 - - USDA Acreage Report at 7:30 a.m...Corn acres 86.01 compared to 93.60, Beans 74.79 compared to 63.60.
Click here to view the complete report from this morning.
03/28/08 - - Important report dates listed on the Calendar tab.
03/28/08 - - After the markets close at 1:15 today, all bids will be BASIS ONLY until Monday morning. There will not be any cash bids. If you wish to sell today, you must do so before the close.
03/11/08 - - Effective March 28, 2008, CME Group will increase initial daily price limits for CBOT Corn, Mini-sized Corn, Soybean, Mini-sized Soybean and Soybean Oil futures. The increases will be as follows:
Contract Increase From To
Corn $0.20 $0.30 per bushel
Mini-sized Corn $0.20 $0.30 per bushel
Soybeans $0.50 $0.70 per bushel
Mini-sized Soybeans $0.50 $0.70 per bushel
Soybean Oil $0.020 $0.025 per pound
09/05/07 - - 2007 Harvest Policies are now available.
08/23/07 - - Syngenta announced today that it has obtained full regulartory approval in Japan for Agrisure RW, its corn rootworm insect control corn seed. Agrisure RW now has full approval in the United States, Canada, Japan and import approval in Australia and New Zealand.
06/21/07 - - 2007 Summer Harvest Policies are now available.
04/25/07 - - The grain industry is becoming alarmed that there are some new hybrids of corn being sold this year that contain Agrisure RW (MIR 604), which is unapproved for sale to Japan, Mexico and other foreign countries.
Ethanol plants are already putting language in their contracts stating that they will not accept these hybrids due to the possibility of the by-products being contaminated. Most in the trade seem fearful that this could become another "Starlink" saga. Therefore nearly all are saying that they will not accept it until it is approved.
Midwest Farmers Cooperative will not accept corn during the 2007 harvest containing these hybrids unless they become approved, and we will also be adding this to our contracts.
