I don't think the Mississippi is open yet. It has become a poor market anyhow. Used to be very important when I was a kid, any farmer could say when ice out and locks opened on the Mississippi. But they haven't kept them up this far north, the river just isn't viable here. We depend on the rail cars to run he Pacific NW now, and more so rail down towards Texas of late.
But any direction you go, Minnesota and Dakota produces a large amount more grain than they can consume, and we are the farthest from any export market possible. We pioneered the ethanol market up here, and we are going to run 20% biodiesel next summer, we try to use up this cheap stuff as much as we can local!
Here are today's quotes. Wheat is so minor you can only spot sell it when in season.
$3.44 and $9.61 fall delivery isn't a lot to get excited about. Tho I think beans will look like a good thing come fall.....
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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