The Crowley Report 10/27/14

The Crowley Report 10/27/14 Corn market this week continued to show support as corn harvest has been rather slow, showing 31% complete, up 7% from last week but at 53% average.  We continue to see good yield results overall. Basis in the interior is firming as it is hard to move and buy corn from the country.  Nonetheless, flat price looks overbought and should be sold and NOT bought in my opinion.  Basis coverage for processors and end users right now is very important for the next 3-6 months. It is time to get coverage due to pending transportation issues. I expect a test of contract lows. This will be the area to secure futures pricing for your basis contracts. The demand side of the [more]

Northeast Feed Dealers Seminar

Northeast Feed Dealers SeminarNortheast Feed Dealers Seminar - Educational Program for Feed Industry Representatives Join us November 12, 2014 from 10:00 a.m. - 2:30 p.m. at the American Legion Post #27 for the Northeast Feed Dealers Seminar. Dr. Tom Overton, Maris McCarthy, and Brittany Sweeney will present insights into current nutrition, health and feeding topics. This meeting is a great opportunity to interact with the speakers as well as others in the industry. Dairy producers, consultants, extension educators, nutritionists, and veterinarians are strongly encouraged to attend!     Presented by: The Northeast Agribusiness and Feed Alliance, The Vermont Feed Dealers & Manufacturers Association PRO-DAIRY, and The University of Vermont Topics presented: Impacts and evaluation of sub-clinical hypocalcemia in dairy cows. Strategies to improve fresh cow energy metabolism. Short topics - update [more]

The Crowley Report 10/20/14

The Crowley Report 10/20/14The corn market traded better early in anticipation of strong export sales which were confirmed on the weekly sales report. Once the market reopened after the morning break prices were under pressure the balance of the session on increased harvest activity. Mexico was the main buyer. Other than to Mexico, U.S. corn is still uncompetitive in the export market when compared to Black Sea and S.Amer. origins. With good harvest weather and an anticipated increase in producer pricing, markets backed off from the short covering rally from earlier in the week. The charts attached give a clear picture of where we are currently. The commitment of traders report indicates to me that funds were sneaking out of some of their long [more]

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