URSA FARMERS COOPERATIVE
The 21st Century Cooperative 
 

Sunday, September 25, 2016  
 
 
 
FLEET PRICING
Fleet Pricing Available for Active UFC Members 
CLICK HERE FOR FLEET PRICING


Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 16 334'0 336'4 333'4 336'0 -0'4 336'4 10:26P Chart for @C6Z Options for @C6Z
Mar 17 344'0 346'2 343'4 345'6 -0'4 346'2 10:26P Chart for @C7H Options for @C7H
May 17 350'0 352'2 350'0 352'2 -0'4 352'6 10:26P Chart for @C7K Options for @C7K
Jul 17 358'0 359'2 357'2 358'6 -0'6 359'4 10:27P Chart for @C7N Options for @C7N
Sep 17 365'0 365'0 365'0 365'0 -1'4 366'4 10:27P Chart for @C7U Options for @C7U
Dec 17 373'4 375'4 373'0 375'0 -0'6 375'6 10:26P Chart for @C7Z Options for @C7Z
Mar 18 383'6 384'0 383'6 384'0 -1'4 385'4 10:26P Chart for @C8H Options for @C8H
May 18 392'2 392'2 392'2 392'2 -0'6 391'2s 10:26P Chart for @C8K Options for @C8K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 16 951'4 960'2 949'4 957'4 2'4 955'0 10:27P Chart for @S6X Options for @S6X
Jan 17 958'0 966'2 956'0 964'2 3'2 961'0 10:27P Chart for @S7F Options for @S7F
Mar 17 963'0 972'0 961'2 969'2 2'6 966'4 10:27P Chart for @S7H Options for @S7H
May 17 968'0 977'4 967'2 977'4 5'6 971'6 10:27P Chart for @S7K Options for @S7K
Jul 17 974'0 982'4 972'4 981'0 4'0 977'0 10:27P Chart for @S7N Options for @S7N
Aug 17 991'0 991'0 974'6 975'4 -17'2 975'6s 10:27P Chart for @S7Q Options for @S7Q
Sep 17 967'4 967'4 959'6 961'4 -16'0 961'2s 10:27P Chart for @S7U Options for @S7U
Nov 17 948'0 956'2 945'4 954'6 5'4 949'2 10:27P Chart for @S7X Options for @S7X
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 16 401'6 407'0 401'6 406'4 1'6 404'6 10:26P Chart for @W6Z Options for @W6Z
Mar 17 425'4 430'0 425'4 429'6 1'6 428'0 10:26P Chart for @W7H Options for @W7H
May 17 441'0 442'6 441'0 442'4 0'6 441'6 10:26P Chart for @W7K Options for @W7K
Jul 17 449'2 451'6 449'2 451'6 1'6 450'0 10:26P Chart for @W7N Options for @W7N
Sep 17 460'2 462'6 459'6 462'6 -0'2 462'6s 10:25P Chart for @W7U Options for @W7U
Dec 17 479'0 483'0 479'0 483'0 2'4 480'4 10:25P Chart for @W7Z Options for @W7Z
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Oct 16 3025 3043 3019 3039 6 3033 10:26P Chart for @SM6V Options for @SM6V
Dec 16 3017 3042 3013 3035 7 3028 10:26P Chart for @SM6Z Options for @SM6Z
Jan 17 3027 3042 3020 3042 7 3035 10:26P Chart for @SM7F Options for @SM7F
Mar 17 3036 3058 3034 3055 8 3047 10:26P Chart for @SM7H Options for @SM7H
May 17 3044 3044 3037 3042 - 9 3051 10:26P Chart for @SM7K Options for @SM7K
Jul 17 3057 3064 3052 3064 1 3063 10:26P Chart for @SM7N Options for @SM7N
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Oct 16 54.225 54.975 53.775 53.975 -0.200 54.000s 09/23 Chart for @HE6V Options for @HE6V
Dec 16 48.250 49.250 48.100 48.750 0.300 48.900s 09/23 Chart for @HE6Z Options for @HE6Z
Feb 17 53.150 53.750 52.750 53.125 -0.125 53.350s 09/23 Chart for @HE7G Options for @HE7G
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 16 106.625 107.575 104.425 107.325 0.200 107.275s 09/23 Chart for @LE6V Options for @LE6V
Dec 16 106.075 107.150 104.100 106.875 - 0.100 106.850s 09/23 Chart for @LE6Z Options for @LE6Z
Feb 17 106.800 107.400 104.550 107.250 - 0.225 107.100s 09/23 Chart for @LE7G Options for @LE7G
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Sep 16 136.725 136.975 135.100 136.725 - 0.175 136.825s 09/23 Chart for @GF6U Options for @GF6U
Oct 16 131.500 132.700 128.125 132.375 0.075 132.375s 09/23 Chart for @GF6V Options for @GF6V
Nov 16 128.925 130.100 125.250 129.725 0.225 129.725s 09/23 Chart for @GF6X Options for @GF6X
My Custom Markets
Symbol Open High Low Last Change Close Time More

Lewis Seed
Lewis R1414VT2P is performing well in the Warsaw bottoms. Field average of 255 bushels/acre at 17% moisture. Thank you Vic Kerr and Kerr farms for letting us share!

       
   Agronomy Update

Ear molds have been pretty common lately. The wet weather we have had through most of July and August has made for very favorable conditions for ear molds such as Diplodia to emerge. Diplodia is a white mold that starts at the base of the ear and eventually rots the entire ear. The mold may be apparent on the outside of the husk or on the shank. There may even be raised black bumps on the moldy husk or kernels. Another common ear mold we have noticed recently is Trichoderma. Trichoderma is a dark green mold that grows on or between the kernels and often covers the entire ear. If you are noticing fields with a lot of ear molds, please consider harvesting them first if possible. The diseases can eventually spread into the stock and cause stalk rots which will make them week and result in down corn.




Cover Crops

Cover crops are becoming more and more popular with producers around the country for benefits such as weed suppression, erosion control, fertility/ organic matter, food plots and much more. Ursa Farmers Coop has access to many different types of cover crops that can benefit your farming operations.  Please call us today for our competitive prices. We are grateful to have the opportunity to service your operation.
Click here for more information on cover crops.


 
 

UFC Agronomy Team YouTube Channel:
https://www.youtube.com/channel/UCCBNvEPr9x7NCLc3W9bCTKQ

Michael Hicks: 217-430-4899
Chris Corzatt: 309-221-1922
Monica Campen 660-216-3310


     

County Data
In Feb NASS released county data for the 2015 corn and soybean crop.  U of I has put together a map showing the potential payment..  This yield divided by the 86% of the benchmark guarantee for Adams, and Hancock County will yield a 2015 ARC-County corn payment.  For example for Hancock County the revenue guarantee is $782.92 * 86% = $673.31 / 180 corn yield = $3.74.  For Adams County the revenue guarantee is $719.44 * 86% = $618.72 / 158 corn yield = $3.92.  These yields can still be tweaked, but past history has shown that we are within 5 bushels of the final yield number for the county.
http://farmdocdaily.illinois.edu/2016/02/2015-arc-co-payment-estimates-corn-soybeans.html
 

Fungicide
 
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Information
Link to CBOT options - click the option button to get option information
Link to Livestock Markets
Energies, Crude Oil, Gasoline, etc
Customer Exp Report
  Corn Discounts
  Soybean Discounts
Wheat Discounts
Growing Degree Days
Precision Technology Farming
Purina Web Site


Local Cash Bids
River Bid Delivery Basis   Cash    
 Corn Chart Sep 30, 16    
  Chart Oct 31, 16    
  Chart Mar 31, 17    
 Soybeans Chart Sep 30, 16    
  Chart Oct 31, 16    
  Chart Dec 31, 16    
 Wheat Chart Jul 31, 17    
Price as of 09/25/16 10:38PM CDT.
Click to view more Cash Grain Prices

 
 

 

Ursa 217-964-2111 844-UFC-CROP    Meyer 217-647-3215    Warsaw 217-256-4215    Bowen 217-842-5231    Loraine 217-938-4311    Camp Point 217-593-7722  Canton 573-288-0311   Wayland 660-754-6417   Gregory Landing   660-754-6411
 
 
 

Current Events

UFC river locations will be open from 8am to 7pm on Saturday, Sunday is subject to weather.

Corn - Storage/Delayed Price: $.18/bu at Ursa & all River locations, $.16/bu at all inland locations for 90 days 
Current corn discount schedule

Beans - Storage/Delayed Price $.18/bu at all River locations $.16/bu at all inland elevators for 90 days 
Current soybean discount schedule


UFC Crop Insurance Team
Diplodia
 
If the Corn will make its way to the elevator by the end of the year, an adjuster will use the elevator grade that is shown on your settlement sheet to adjust bushels.
If the Corn will go to a bin, you should first have a sample graded by the elevator to know what you are dealing with.   Corn that is over 10% that is going to a bin until after the first of the year should have an adjuster get a sample and with the producer paying a fee have it graded by a state grader.   CALL YOUR CROP INSURANCE AGENT if you suspect a problem.
Revenue Protection Trigger Price
Actual Yield
bu/acre
70% 75% 80% 85%
+30           215 $2.32 $2.49 $2.66 $2.82
+25           210 $2.38 $2.55 $2.72 $2.89
+20           205 $2.44 $2.61 $2.79 $2.96
+15           200 $2.50 $2.68 $2.86 $3.03
+10          195 $2.56 $2.75 $2.93 $3.11
+5           190 $2.63 $2.82 $3.01 $3.19
APH        185 $2.70 $2.90 $3.09 $3.28
-5           180 $2.78 $2.98 $3.17 $3.37
-10          175 $2.86 $3.06 $3.26 $3.47
-15          170 $2.94 $3.15 $3.36 $3.57
-20         165 $3.03 $3.25 $3.46 $3.68


 
This is just a reminder of what the minimum guarantees for RP crop insurance protection is:  Yellow highlighted is the Feb average price, others are for those that sign up for the multiple price discovery
2016 MPCI (YP) RP MPD (Nov) (Dec) (Jan) Feb (Mar) Final Harvest RP
Corn $3.86  $3.95 $3.94 $3.86 $3.86 $3.83  
Soybeans $8.85  $8.81 $8.97 $8.84 $8.85 $9.05  
Wheat $5.13 $5.13 $4.25

Local Conditions
Ursa, IL
Chg Zip Code: 
Temp: 65oF Feels Like: 65oF
Humid: 70% Dew Pt: 55oF
Barom: 30.09 Wind Dir: NW
Cond: N/A Wind Spd: 10 mph
Sunrise: 6:56 Sunset: 6:54
As reported at QUINCY, IL at 10:00 PM
 
Local Radar
Illinois
Radar
 
Local Forecast
Ursa, IL

Monday

Tuesday

Wednesday

Thursday

Friday
High: 74°F
Low: 55°F
Precip: 0%
High: 74°F
Low: 50°F
Precip: 0%
High: 74°F
Low: 50°F
Precip: 0%
High: 76°F
Low: 51°F
Precip: 0%
High: 77°F
Low: 53°F
Precip: 0%
View complete Local Weather
 
DTN Weather Summary
Saturday Means Rain in Northern Locales
Bryce Anderson (Bio) – DTN Meteorologist

Rain Saturday in regions of the Prairies, Plains (both northern and southern areas) and the western Midwest. Southern and eastern crop areas will be dry. » More DTN Weather Commentary

Posted at 3:07PM Fri Sep 23, 2016 CDT

Consultants
UFC Agronomy Consultants
 
     Michael Hicks                         Chris Corzatt                              Monica Campen   
 217-430-4899                          309-221-1922                               660-216-3310

UFC Feed Consultants

Monte Rowland                           Casey Krieg                       Brooklyn Karhoff
217-440-8495                          217-506-2529                         217-440-3738

Cattle
 

SAVE THE DATE! - Cattle Field Day  September 8th - 3:00PM

 
 

This Day In History
September 25, 1976
"Porgy & Bess" opens at Uris Theater NYC for 122 performances

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