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Quote of the Day
"Doing easily what others find difficult is talent; doing what is impossible for talent is genius."
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.
Corn production is pegged at 14.89 billion bushels, up 3% from last
year while soybean production is lowered 8% from a year ago to 4.175 billion
bushels. Still, due to high beginning stocks, the U.S. will have a record
supply of soybeans for the 2019-20 marketing year.
See DTN Ag News. BHigher Corn Demand in 2019-20...
If trade talks with China do not succeed, the bearish risk in soybean
prices is clear. But what can we expect if an agreement is reached?
See DTN Ag News. BTodd's Take...
Creativity keeps this land covered and its assets growing.
See DTN Ag News. 1^Listen to the Land - 1...
USDA expects total red meat and poultry production to reach a new
record of 104.7 billion pounds, up from the previous record of 102.4 billion
pounds in 2018.
See DTN Ag News. 7^Livestock & Poultry Outlook...
Cattle and calves on feed for the slaughter market in the United
States for feedlots with capacity of 1,000 or more head totaled 11.7 million
head on Jan. 1, 2019. The inventory was 2% above Jan. 1, 2018, USDA reported
Friday.
See DTN Ag News. 4^Cattle on Feed Report Summary...
The state of Iowa is asking the U.S. Court of Appeals for the Eighth Circuit to reverse a judge's decision to throw out the state's so-called ag-gag law.
As a result of changes to the Price Loss Coverage, or PLC, made in the 2018 farm bill, corn, soybeans, upland cotton and sorghum all have a higher 2018 yields than 2014 PLC update yields.
USDA expects total red meat and poultry production to reach a new record of 104.7 billion pounds, up from the previous record of 102.4 billion pounds in 2018.
This farmer puts all of his management focus on sugarcane and has one of the highest-producing cane farms in Louisiana.
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 !
