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Deal of the Day
12/18/14 - Cheap Protein is Cottonseed meal at $359.50 for Dec/March or Sunmeal at $326.50 JFM or Dec/March.  Canola prices down for Spot 2-3 tl at $380.00 this week,  Dec/March @ $360.50,  $336.50 for Jan/Sept. Markets are very slow, now is the time for you to use your imagination and come up with bids, I am surprised every day with what gets done by buyers who test the markets with seemingly “out of the money bids“ !

Wednesday November 19, 2014  

CORN PROTEIN PRODUCT to deal with the current Canola shortage is here! This meal product is 36% Protein and 8 %fat and is entirely made from corn based products.. Time to Think about Rolled Corn, Spot and Nov-Dec is $197 del. Jan/March $199 del and Nov-Sept at $201. Expectations are for a big reduction in corn acres next year which could mean $2 per bu. higher by March 2015

Monday November 10, 2014
Big changes in April-Sept and Jan-Sept. Canola numbers. Report was pretty neutral; cut corn a little raise beans a little still no farmers selling and severe winter storms coming to upper Midwest by midweek. Dec-June Millrun at $180 del. looks good         
Friday November 7, 2014
Why is Canola going crazy? We have a perfect STORM, Zero Farmer selling, Railroads not moving ag product cars in favor of Oil & Coal, Explosion at a major producer plant & unknown duration of stoppage, thus those who have it get to set the price. No quick resolution in sight so reformulations are going to be necessary.      
Wednesday October 22, 2014
Mega harvest leaves U.S. farmers battling bugs in storage bins
(Reuters) - With record harvests depressing prices, U.S. farmers are holding tight to their corn and soybeans and binging on chemicals that protect stored grain from critters or even leaving corn standing in fields over winter to avoid storage charges.

Still flush with cash after years of record income and with shipping rates near record highs, farmers have resources to store grain rather than sell into a down market.
***** Read the whole article here.
Friday October 10, 2014
As Trains Move Oil Bonanza, Delays Mount for Other Goods and Passengers - NYTIME

09-Oct-2014 07:18

WASHINGTON — An energy boom that has created a sharp increase in rail freight traffic nationwide is causing major delays for Amtrak passenger trains and is holding up the transport of vital consumer and industrial goods, including chemicals, coal and hundreds of thousands of new American cars, rail officials and federal and state regulators say.

American rail lines now move more than a million barrels of oil a day, much of it from the Bakken shale oil field in North Dakota and Montana and from the oil sands of Alberta, Canada. Last year about 415,000 rail cars filled with crude oil moved through the United States, compared with 9,500 in 2008, according to the Surface Transportation Board, a bipartisan body with oversight of the nation's railroads.

Read the whole article here

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Current US Drought Monitor - New map released each Thursday

NATIONAL DAIRY MARKET NEWS AT A GLANCE - For the week of Sep 29 -  Oct 3, 2014
May 2014 Update - CIH Dairy Margin Watch 
Margin Watch is an executive summary of the projected forward profit margins (not markets) for the dairy industry. Click here to see how margins have changed and to read about the strategies that our clients are using to protect profitability. We look forward to your feedback or inquiries. To see how our service can help you manage your margins, call us at 1-312-596-7755.

*** VIDEO INTERVIEWS *** CIH sits down with Dairy Consulting Clients, Paul and Corinne Vissers.
Watch the videos here.

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