Hot Topics from Muscatine Ag

  • ADM Morning Grain Comments 12/13/17

    Good morning,

    As of 8:00AM

    Corn: Dece17 +0’6 @ 336’4 MAR18 +1’2 @ 349’0

    Beans: JAN18 +4’0 @979’6; MAR18 +4’2 @ 991’4

    Wheat: MAR18 +2’2 @ 413’0

    December 13, 2017 by Steve Freed

     

    Grain are mixed. Turnaround Wednesday? SH is up 2 cents and near 9.89. BOH is down 8 points and near 33.52. CH is up 1 cent and near 3.48. WH is up 1 cent and near 4.12. US Dollar is mixed to lower. Crude is higher. Gold is higher. Chinese Ag futures (May) settled up 2 yuan in Soybeans, up 5 in Corn, down 8 in Soymeal, down 18 in Soyoil, and down 14 in Palm Oil. The Malaysian Palm Oil market was down 11 ringgit at 2,462, basis February, a fresh 5 month low on weak export demand.

    The South American weather forecast has some rains for southern and western Argentina over the next 24 hours with better coverage rains for the weekend and again at the end of next week. Rains do not indicate a pattern change for decent rainfall going forward. Things remain mostly dry for southern Brazil through the weekend with better rains seen next week. Ongoing rains continue in northern Brazil. The 6-10 day forecast has close to average rains for northern Brazil. Brazil's association of oilseed processors Abiove on Tuesday raised its projection for the country's soybean exports in 2017 to a record 67.8 million tons, as demand from China remained heated. Brazilian senators passed on Tuesday a bill proposing sharp increases in the use of biofuels such as ethanol and biodiesel in the country in coming years. The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Tuesday reached closer to its four-year high due to surging demand for capesize and panamax vessels. Funds sold 8,000 soybeans, 4,000 soymeal, 5,000 corn and 3,000 wheat and bought 2,000 soyoil on USDA Tuesday. Funds are estimated to be long 15,000 soybeans, long 41,000 soymeal, long 17,000 soyoil, short 180,000 corn and short 138,000 wheat.

    Support Resistance

    Mar Beans 985 995

    Mar Bean Oil 33.47 33.65

    Mar Meal 328 331

    Mar Corn 347 350

    Mar CGO Wheat 410 415

  • Agrotain Field Study

  • Lawn Seed and Fertilizer

    Let Muscatine Ag help you achieve that beautiful, lush green lawn that everyone will envy. We carry a large variety of lawn seed and lawn fertilizer.

     

  • High Clearance Dry Spreader Now Available

    HIGH CLEARANCE DRY SPREADER APPLICATION BOOKING UP FAST!

    The 2014 custom side-dress was a huge success! So if you are considering side-dressing, whether we custom apply or you use a cart, a blend of urea/AMS is a great fit for this program. Give us a call so we can get you scheduled on our list.

    Some of the field friendly benefits are a 60 or 90 foot spread. This means fewer trips across the field and less turns on the end rows, not to mention the time savings!

  • Cover Crops

    Cover Crops!!
    As we rapidly approach the harvest season, cover crops are front and center of possible winter soil building for next years crops.
    Nutrient retention throughout the fall and winter months is the hallmark of fields utilizing cover crops, along with providing organic matter and erosion control.

    Getting Started
    Your management goals will play an important role in helping you decide which cover crop to use and how you manage it. For example:
    • Grasses utilize more soil nitrogen.
    • Legumes use both nitrogen and phosphorus.
    • Deep rooted species provide maximum nutrient recovery.
    • Species like rye will produce high volumes of organic matter if allowed to grow longer in the spring.
    • To maximize weed suppression, leave cover crop residues on the soil surface to maximize allopathic (chemical) and mulching (physical) effects.
    • Select species (i.e. oilseed, radish) that have a large tap root to help alleviate compaction problems.
    Because each cover crop performs differently you may want to consider mixtures of two or more species.
    http://www.nrcs.usda.gov/Internet/FSE_DOCUMENTS/nrcs142p2_005818.pdf
    Muscatine Ag is actively working with growers to provide specialized cover crop seeds and applications!
    If you are considering making cover crops part of your agronomy program, stop in or call us and let us assist you with the identifying of the right Cover Crop seed combination.
    Want your Cover Crop custom applied? Give us a call!!


  • Small Seed

    Muscatine Ag would like to be your small seed supplier for waterway seed, pasture mixes, oats, alfalfa, grasses, legumes and lawn seed. We also carry several types of lawn fertilizer.

     

  • New Hours

    Effective December 1, 2014 Muscatine Ag will implement new hours:

    Monday - Friday - 7:30 AM - 4:00 PM

     

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