The Crowley Report: 7/28/2014

The Crowley Report: 7/28/2014Corn futures were able to find a bit of short covering support after the morning break and close 1 to 2 higher on the day, but 8 cents lower on the week. Since July 1st ,this is only the fifth day corn futures have closed in positive territory – growing conditions and crop ratings remain outstanding. Another bearish piece of news came with yesterday’s export sales report. New crop sales total around 230 mln bu. so far this year; that is nearly 85 mln bu. behind last year’s pace of 315 mln. bu. The weather models are all coming around in the expectation of at least normal rainfall during the first half of August. The greenhouse growing conditions continue. Midwest [more]

The Crowley Report: 7/23/2014

The Crowley Report: 7/23/2014Another day lower for corn and soybeans as favorable weather forecasts push corn down 7 cents and soybeans down 14 cents. While we might have a bit of heat this week, non-threatening temperatures and above-average precip. should cradle our crop through the end of July. Corn and soybean weekly export inspections were a bit light this morning, which certainly didn’t provide any support against the current downward trend. An announced old crop sale of soybeans to China seemed to prop up the front end of the soybean market as August beans only lost 1 cent on the day. The USDA announced 135,000 MT of US meal sold to unknown for 2014/15 delivery.  After the close the USDA raised their soybean good/excellent [more]

Phoenix Featured Farm: Monument Farms

Phoenix Featured Farm: Monument Farms“It’s not just a job, it’s a heritage,” Peter James says, sitting in the office of Monument Farm Dairy. Peter’s a big, healthy man who looks like someone who spends a fair amount of time outside.  He’s the grandson of the founder of the Farm, and one of the three grandsons who currently run Monument Farms Dairy. Farms ground us in our past as much as they drive us towards the future.  Combines and tractors, milking parlors, and processing plants are modern amazements, and yet I’ve yet to visit a farm in Vermont that doesn’t harken back to something deeper, something richer, something of the past.  Vermont’s past.  Our past.  It’s not just the land, or the buildings either.  Certainly, many [more]

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