Hot Topics from Muscatine Ag

  • ADM Morning Grain Comments 9/22/17

    Good Morning,

    As of 7:10 AM

    Corn: DEC17 +1’6 @ 352’0; MAR18 +1’4 @ 364’4

    Beans: NOV17 +8’0 @ 978’6; JAN18 +7’6 @ 988’6

    Wheat: DEC17 +2’2 @ 454’6

    Crude: SEP17 -0.16 @ 50.43

    September 22, 2017 by Steve Freed 

    Grains are higher. Increase China demand and South America weather may be helping soybeans, SX is up 8 cents and near 9.79. CZ is up 2 cents and near 3.52. WZ is up 2 cents and near 4.54. US Dollar is lower. Crude is lower. Gold is higher. N Korea tension may be weighing on US Dollar and US stocks.

    For the week, Winter Wheat prices are up roughly 5 cents, Spring up 8; Corn down 2 cents; Soybeans up 10; Soymeal up $5.00, and; Soyoil down 30 points. Soybean supported by demand. Corn and wheat may be following but large global supply may offer resistance. USDA Sep 1 stocks report Sep 29. Next US and World crop report Oct 12.

    Chinese Ag futures (January) were up 15 yuan in Soybeans, up 13 in Corn, up 31 in Soymeal, down 76 in Soyoil, and down 68 in Palm Oil-----The Malaysian Palm Oil market was closed for holiday.

    The Midwest US weather forecast has no major changes with average to above average precip for the far western Midwest, below average in the east. Temps will be running above average for much of the next week to ten days.

    The Southern US Plains weather has no major changes with average to above average precip mainly developing over the weekend and the first half of next week. Temps are seen running above average the next 7 days with some cooling by the end of next week.

    The 11-16 day U.S. forecast has average to above average precip for the Northern Plains and Northern Midwest with limited rains elsewhere. Temps would be average in the Plains and Midwest with no cold air threats.

    Funds bought 1,000 soybeans, 2,000 soymeal and 3,000 wheat and sold 3,000 soyoil on Thursday. Funds are estimated to be long 6,000 soybeans, short 25,000 soymeal, long 95,000 soyoil, short 124,000 corn and short 80,000 wheat.

    Support Resistance

    Nov Beans 965 980

    Dec Bean Oil 34.25 34.55

    Dec Meal 310 317

    Dec Corn 347 355

    Dec CGO Wheat 450 460

  • 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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