Revillo Farmers Elevator has great concern for the Health and Wellbeing of Everyone and we ask that everyone cooperate in the recommendations of the CDC concerning the Coronavirus. --- We ask that all business be done by phone and limit face-to-face contact. --- If face-to-face contact is needed please adhere to the 6 foot distance suggested by the CDC and limit your time here. --- Grain checks will be mailed upon request.
*** IN ADDITION we ask that if you have the following conditions, PLEASE do not enter our offices: Have flu like symptons or feeling sick. (Including Fever, Chills, Sore Throat or Cough) Have been exposed to coronavirus. Have traveled outside the country in the past two weeks.
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We hope this site provides you with usefull information. Our Normal Business Hours 8:00 AM - 4:30 PM Mon. thru Fri. Closed Saturday and Sunday Thank You For Your Support!
Quote of the Day
"Guard well your spare moments. They are like uncut diamonds. Discard them and their value will never be known. Improve them and they will become the brightest gems in a useful life."
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 Friday shaved corn production 66 million bushels to 14.35 billion
bushels but increased soybean production by 25 million bushels to 4.53 billion
bushels, which went against the pre-report estimates on soybeans.
BUSDA Reports Summary
The final day of the DTN Digital Yield Tour, powered by Gro Intelligence,
pegged South Dakota's statewide average corn yield at 128.9 bushels per acre,
the lowest since 2012. Minnesota corn survived, not thrived, as its statewide
average fell to 173.1 bpa, more than 10 bpa below average.
B2022 DTN Digital Yield Tour - SD, MN
The House voted along party lines Friday to send the Inflation Reduction
Act (IRA) to President Joe Biden who has championed the legislation as key to
his domestic agenda. The bill spends $369 billion for climate initiatives,
including programs for climate-smart agriculture and rural renewable energy.
That includes about $19.5 billion for USDA conservation programs for farmers
and landowners.
BHouse Passes Inflation Reduction Act
Despite what was seen as mostly neutral USDA Crop Production and WASDE
reports Friday, the markets appear to be focused on the "what if" and not the
"what is."
BUSDA Reports Review
Lawsuits filed this week in the U.S. District Court for Delaware, allege
violations of patent rights using the Enlist Weed Control System that allows
farmers to use multiple types of herbicides against weeds.
1^Corteva, Bayer in Biotech Legal Battle
The final day of the DTN Digital Yield Tour, powered by Gro Intelligence, pegged South Dakota's statewide average corn yield at 128.9 bushels per acre, the lowest since 2012. Minnesota corn survived, not thrived, as its statewide average fell to 173.1 bpa, more than 10 bpa below average.
Lawsuits filed this week in the U.S. District Court for Delaware, allege violations of patent rights using the Enlist Weed Control System that allows farmers to use multiple types of herbicides against weeds.
USDA on Friday shaved corn production 66 million bushels to 14.35 billion bushels but increased soybean production by 25 million bushels to 4.53 billion bushels, which went against the pre-report estimates on soybeans.
With nothing but hot and dry in the rearview mirror and out the windshield, the Kansas corn yield is on its way to 118 bushels per acre, the lowest since 2012's historic drought. In general, Missouri suffered more of a chronic soil moisture shortage than drought, and with better weather in the forecast, Gro estimates statewide corn yields will average 142.8 bpa.
********* 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 after these hours, please keep in mind that we accept FIRM offers. T h a n k Y o u !
