Commodities posted modest gains again today as the dollar continued it's lower slide followed by a rebound in crude oil. On the day funds bought 4,000 contracts of corn and 2,000 contracts of soybeans. Tight soy supplies and big Chinese demand continue to add support to the soybean market. Some light rains are seen across the belt the second half of next week. Totals look a bit lower than the AM run was showing. Bigger rains are expected across the belt late in the weekend and early on next week and this is wetter than what the AM run was showing due to the ridge not being as strong.
ACRE Program
We have been fielding several questions lately about the new ACRE Program and want to provide you with links to information:
Farm Gate: ACRE
Iowa State Acre Information
ACRE Excel Spreadsheet Calculator
Sign-up deadline is August 14th, 2009
Please Note: Elburn Coop does not endorse any FSA program, we are providing the above links for informational proposes only and make no representation to their accuracies.
Chris Spurlock
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