Friday, Feb 21. Join us Monday as we celebrate our 100th year in business as a cooperative. The members and customers have made this possible. We will have cookies and drinks at each location so stop in on Monday.
The USDA released their outlook after their February forum and their is nothing rosy about their projections with corn. 94 million planted acres at 178.5 bpa gives us an anticipated record production of 15.5 billion busels leaving an huge 2.7 billion bushel carryout next year. Soybeans show a little more price potential with 85 million planted acres and carryout reduction of 105 million bushels to 320 million bushels. Of course we are 6 - 8 weeks until the planters start running so these numbers are just an outlook but the market will trade those type of numbers until their is a reason not to.
*OUR BIDS ARE DELAYED 10 MINUTES ON OUR WEBSITE AND ARE SUBJECT TO CHANGE. PLEASE CALL THE CUMBERLAND OFFICE TO GET AN UP TO DATE BID.
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Quote of the Day
"No matter which direction you start, it's always against the wind coming back"
