Western Iowa Co-op is committed to helping with the on-going success of our patron's operations by doing what it takes to compete in today's global marketplace. We are poised for the future and will continue to move forward to meet the demands of today's rapidly changing agriculture to better serve our owners and patrons.
All stored grain needs to be checked regularly. With the winter season we’ve had and spring just around the corner temperatures outside will be changing as well as grain temperatures inside those bins. Check the temperature and moisture of the grain often and be prepared to run those fans.
Spring is officially only a few weeks away but with weather and temperature conditions as unpredictable as they have been this year it’s best to expect the unexpected and always “THINK SAFETY FIRST”.
Grain
The grain market this week seems to be looking for direction. It seems to be driven each day by the fund traders, and lacking any fundamental news or business because the volatility continues. The fluctuating value of the US dollar pushes in one way while worries of a cold wet spring pushes another. Next Wednesday, March 10th, USDA will issue its March Production and Supply Demand Reports. Remember they are resurveying production due to un-harvested acres. Traders will also be looking at demand numbers for any signs of change to expected carryout. The March 31 Grain Stocks and Prospective Planting Reports will be the main focus after next week.
REMINDER: Western Iowa Coop is only taking corn that is priced for current delivery at this time.
Agronomy News
Spring work could be rushed this spring due to the heavy winter snow cover we experienced this season. With spring officially just weeks away having a plan for hybrid seed, fertilizer and herbicide placement could be a crucial time saver. Planning ahead can also help speed up planting without risk of product placement errors. Call your nearest Western Iowa Coop Agronomist today and let one of them help you plan your spring planting season.
Petroleum
Regardless of huge inventory levels of all products and slow demand, the energy market pushed higher this week. The energy market seems to follow the equity markets as well as the fluctuating value of the US dollar. The threats and counter threats following Iran’s nuclear intentions continues to support as well as seasonal tendencies
Click on “Petroleum News” for your WIC weekly petroleum updates.
Read more petroleum news from EIA –http://tonto.eia.doe.gov/oog/info/twip/twip.asp
Western Iowa Coop is currently serving an area from Northern Sioux City to Quimby, Quimby to Soldier to Mondamin and all points within this area.
Moderate to locally heavy snow is in store for the northwestern Plains Wednesday. We'll also see some freezing precipitation in the northeastern Plains, with rain over all but the southwestern Midwest. » More DTN Weather Commentary
Posted at 5:46AM Wed Mar 10, 2010 CST
DTN Daily Cash Bid Updates
Did You Know?
In 1874 Mennonites made the first important introductions of wheat from Turkey into Kansas
