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Quote of the Day
"If you don't have time to do it right, when will you have time to do it over?"
These comments include information from other sources and while they are believed to be reliable, there is no guarantee as to their accuracy and completeness. Therefore, Revillo Farmers Elevator does not guarantee its' accuracy or completeness. And as always these comments are as of this date and are subject to change without notice.
USDA on Thursday provided details of another year of Market
Facilitation Program of up to $14.5 billion in direct payments to farmers. The
payments, though, will be structured differently from the MFP payments farmers
have received over the past nine months. Under the new program, as a way to
avoid planting distortions, USDA will pay crop farmers "based on a single
county payment rate multiplied by a farm's total planted acres in 2019."
See . F$16B in Farmer Trade Aid...
The U.S. Senate passed a $19.1 billion disaster package Thursday,
with Congress providing more than $3 billion in disaster aid for farmers to pay
for losses from disasters that occurred in 2018 and 2019.
See DTN Ag News. BDisaster Relief Advances...
Saturated and compacted soils, herbicide and anhydrous injury,
disease, insects and nutrient deficiencies are all potential threats to corn
stands this year.
See DTN Ag News. BCorn Health Check...
R-CALF is seeking a permanent injunction against beef councils in 15
states: Montana, Hawaii, Indiana, Kansas, Maryland, Nebraska, Nevada, New York,
North Carolina, Pennsylvania, South Carolina, South Dakota, Texas, Vermont and
Wisconsin.
See DTN Ag News. 1^Motion Takes Aim at 15 States...
Weather continues to dominate the attention of our View From the Cab
correspondents this week, but they are making planting progress.
See DTN Ag News. 4^View From the Cab...
A Florida-based cattle trader has filed a class action lawsuit similar to action taken by Ranchers-Cattlemen Action Legal Fund United Stockgrowers of America, or R-CALF USA, accusing the nation's largest meatpackers of conspiracy to drive down cattle prices.
Saturated and compacted soils, herbicide and anhydrous injury, disease, insects and nutrient deficiencies are all potential threats to corn stands this year.
USDA released a statement Tuesday stating the new trade aid program won't distort planting decisions after Bloomberg reported potential payments under the aid package.
A Day In The Field
Grain Buying Policy
********* Trading Hours ********* Trade is Open 7:00 PM - 7:45 AM Sun Evening - Friday Morning Trade Resumes 8:30 AM - 1:15 PM Monday - Friday Notice concerning the pricing or selling of grain. We will purchase / price grain during the day up to 1:00 PM -- Except during the 45 min. pause. Scale Tickets marked "SELL" will be priced the following day when the grain futures resume trade, after 8:30 AM. If you want cash grain "Priced" that is dumped during the day, please inform someone in the offce. For pricing during after hours or during the day consider placing an open order. T h a n k Y o u !
