Hot Topics from Muscatine Ag

  • ADM Morning Grain Comments 5/24/17

    Good Morning,

    As of 7:15 AM

    Corn: JULY17 +1’6 @ 371’2; SEP17 +1’6 @ 378’6

    Beans: JULY17 +0’2 @ 948’4; AUG17 +0’2 @ 950’4

    Wheat: JULY17 +0’6 @ 430’2

    Crude: JUNE17 +0.43 @ 51.48

    May 24, 2017 by Steve Freed 

    Grains are steady. SN is near 9.48. CN is near 3.70. WN is near 4.28. Crude is near 51.54. US Dollar is near 97.06. Gold is lower and near 1,254.

    South America farmer selling slowed on Tuesday. China increased buying of Brazil June soybeans.

    U.S. farm groups on Tuesday pushed back against President Donald Trump's proposal to slash agriculture spending, viewing it as a fresh threat to a struggling farm economy.

    Chinese Ag futures were up 26 yuan in soybeans, up 2 in corn, down 17 in soymeal, down 64 in soyoil, and down 70 in palm oil. The Malaysian palm oil market ended down 37 ringgit at 2580, basis August, following yesterday’s weakness in soyoil prices.

    Palm oil demand from China, the world's No.2 importer of the commodity, is set to drop in coming months as supplies of alternative edible oils flood local markets, industry sources said.

    Heavy rain forecast for the soggiest parts of the Canadian Prairies this week is likely to further delay plantings in the world's biggest canola exporting country.

    Overnight US Midwest rains fell in SE and IL. Today rains are in the north Delta and Chicago. 6-10 day calls for cool and wet Midwest weather. 11-16 day is wet north and dry south.

    Funds sold 5,000 soybeans, 3,000 soymeal, 4,000 soyoil, 10,000 corn and 3,000 wheat on Tuesday. Funds are estimated to be short 49,000 soybeans, short 21,000 soymeal, short 15,500 soyoil, short 208,000 corn and short 122,000 wheat.

    Support Resistance

    July Beans 940 955

    July Bean Oil 32.00 32.55

    July Meal 305 308

    July Corn 365 375

    July CGO Wheat 425 435

  • 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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