URSA FARMERS COOP

 
Monday, June 27, 2016  
 
 
 
FLEET PRICING
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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 16 384'2 392'0 383'0 385'4 1'0 384'4 01:14P Chart for @C6N Options for @C6N
Sep 16 389'2 396'6 387'4 389'4 0'4 389'0 01:14P Chart for @C6U Options for @C6U
Dec 16 394'0 401'6 392'2 394'4 0'2 394'2 01:14P Chart for @C6Z Options for @C6Z
Mar 17 402'0 409'0 399'2 401'2 -0'4 401'6 01:14P Chart for @C7H Options for @C7H
May 17 405'0 412'4 403'2 405'0 -0'6 405'6 01:14P Chart for @C7K Options for @C7K
Jul 17 408'4 416'0 406'6 408'2 -0'6 409'0 01:14P Chart for @C7N Options for @C7N
Sep 17 398'4 400'0 392'0 393'2 -0'2 393'4 01:14P Chart for @C7U Options for @C7U
Dec 17 399'0 402'6 395'0 396'2 -0'2 396'4 01:14P Chart for @C7Z Options for @C7Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 16 1104'2 1138'4 1103'0 1133'2 30'2 1103'0 01:14P Chart for @S6N Options for @S6N
Aug 16 1101'4 1136'0 1100'6 1130'0 28'4 1101'4 01:14P Chart for @S6Q Options for @S6Q
Sep 16 1088'0 1120'0 1085'2 1114'2 28'0 1086'2 01:14P Chart for @S6U Options for @S6U
Nov 16 1078'4 1110'6 1075'6 1105'0 26'4 1078'4 01:14P Chart for @S6X Options for @S6X
Jan 17 1076'6 1107'0 1074'4 1101'6 25'2 1076'4 01:14P Chart for @S7F Options for @S7F
Mar 17 1048'0 1070'0 1048'0 1064'4 16'4 1048'0 01:14P Chart for @S7H Options for @S7H
May 17 1052'6 1058'6 1046'6 1053'2 12'4 1040'6 01:14P Chart for @S7K Options for @S7K
Jul 17 1041'2 1056'2 1041'2 1051'0 11'4 1039'4 01:14P Chart for @S7N Options for @S7N
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 16 454'6 460'0 446'4 446'6 -8'0 454'6 01:14P Chart for @W6N Options for @W6N
Sep 16 465'6 470'4 457'6 458'0 -7'0 465'0 01:14P Chart for @W6U Options for @W6U
Dec 16 484'4 489'2 477'4 477'6 -7'0 484'6 01:14P Chart for @W6Z Options for @W6Z
Mar 17 503'0 507'0 495'0 495'2 -7'4 502'6 01:14P Chart for @W7H Options for @W7H
May 17 511'0 515'4 504'6 504'6 -8'2 513'0 01:14P Chart for @W7K Options for @W7K
Jul 17 521'4 525'2 512'0 512'6 -8'0 520'6 01:14P Chart for @W7N Options for @W7N
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Jul 16 3773 3846 3750 3836 80 3756 01:13P Chart for @SM6N Options for @SM6N
Aug 16 3770 3858 3761 3844 78 3766 01:13P Chart for @SM6Q Options for @SM6Q
Sep 16 3763 3844 3763 3830 76 3754 01:13P Chart for @SM6U Options for @SM6U
Oct 16 3734 3824 3734 3812 78 3734 01:13P Chart for @SM6V Options for @SM6V
Dec 16 3728 3827 3720 3813 79 3734 01:13P Chart for @SM6Z Options for @SM6Z
Jan 17 3732 3787 3732 3779 72 3707 01:13P Chart for @SM7F Options for @SM7F
@HE - LEAN HOGS - CME
Month Open High Low Last Change Close Time More
Jul 16 83.300 83.750 83.025 83.100 -0.900 83.150s 01:05P Chart for @HE6N Options for @HE6N
Aug 16 83.675 84.125 83.250 83.600 -1.475 83.500s 01:05P Chart for @HE6Q Options for @HE6Q
Oct 16 69.750 71.275 69.325 71.150 -0.825 71.125s 01:05P Chart for @HE6V Options for @HE6V
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Jun 16 114.825 116.275 114.825 115.850 1.225 115.925s 01:05P Chart for @LE6M Options for @LE6M
Aug 16 111.125 112.725 110.925 111.900 1.150 112.025s 01:05P Chart for @LE6Q Options for @LE6Q
Oct 16 111.200 112.625 111.000 112.125 1.425 112.300s 01:05P Chart for @LE6V Options for @LE6V
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Aug 16 139.650 141.400 139.125 140.100 0.725 140.175s 01:05P Chart for @GF6Q Options for @GF6Q
Sep 16 138.300 140.050 138.025 139.025 0.975 139.250s 01:05P Chart for @GF6U Options for @GF6U
Oct 16 136.775 138.550 136.500 137.675 1.075 137.875s 01:05P Chart for @GF6V Options for @GF6V
My Custom Markets
Symbol Open High Low Last Change Close Time More

Video-UFC

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
 

Wheat Yield
 
What are you seeing in wheat yields
No Answer
Less than 40 bu/acre
Between 40-50 bu/acre
Between 50-60 bu/acre
Between 60-70 bu/acre
Between 70-80 bu/acre
Greater than 80 bu/acre
 

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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 Jun 30, 16    
  Chart Oct 31, 16    
 Soybeans Chart Jun 30, 16    
  Chart Oct 31, 16    
 Wheat Chart Jun 30, 16    
Price as of 06/27/16 01:24PM 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
 
 
 

UFC Crop Insurance Team
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

Current Events

Wheat - Delayed Price: 15 cents to Sep 1, 2016, then $0.00125/bu per day until sold  Discount Schedule
Corn - Delayed Price: Free to Sep 1, 2016 then $0.00125 /bu per day until sold on dry bushels, Dp corn dry/shrink to 15.0% Drying Charge $0.03¢ per 1% moisture (calculated 1.5¢ per 0.5% of moisture) on wet bushels. Contract/Spot Corn Dry/Shrink 15% - while space lasts. 

Beans - Delayed Price Free until Sept 1st, 2016 then $.00125/bu per day until sold

   

Lewis Seed

Lewis Seeds 

Agronomy Update

Wednesday was the first day this growing season that we started noticing tassels among some of the corn fields in the southern part of the UFC territory. Along with that, we have been seeing a lot of soybean fields that are in the flowering stage. During the start of the reproductive stages through maturity of our crops, there are a couple things that we need to be keeping a good eye on. One of those things include insects. We have been noticing a lot of grasshoppers out in the fields and in the last week, started noticing Japanese beetles in both corn and soybean fields. It is critical to get a head start on controlling both species because they can do a lot of damage. Japanese Beetles, though, can cause the most damage, especially as we near the silking stage of the corn. Japanese beetles will feed on leaves, tassels, and silks and cause a lot of problems with pollination. It is important to be out in the fields right now looking for these insects as we near the reproductive stages of our crops. If you have to make another pass of herbicide, consider using an insecticide along with the pass. For information on identifying these insects, watch the video from our field scout, Philip Dewalt, as he goes more in depth on the identifying features of these insects. 


Climate Field View
Get all your data in one place for a deeper understanding of your fields. New for 2016, Climate Field View plus allows you to collect and visualize your data all in one place.
This helps you increase knowledge of your fields and make better decisions all season long.
For more information how we can help maximize your yield potential and increase the bottom line. Please call Michael Hicks or Chris Corzatt for more information.

Michael Hicks: 217-430-4899
Chris Corzatt: 309-221-1922



Local Conditions
Ursa, IL
Chg Zip Code: 
Temp: 92oF Feels Like: 90oF
Humid: 30% Dew Pt: 56oF
Barom: 30.09 Wind Dir: SSW
Cond: N/A Wind Spd: 5 mph
Sunrise: 5:38 Sunset: 8:37
As reported at QUINCY, IL at 1:00 PM
 
Local Radar
Illinois
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Local Forecast
Ursa, IL

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High: 93°F
Low: 65°F
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Low: 65°F
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Precip: 23%
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Precip: 20%
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Precip: 0%
View complete Local Weather
 
DTN Weather Summary
Rain Monday in Southern Areas
Bryce Anderson (Bio) – DTN Meteorologist

Southeastern Midwest, southeastern Plains and the northern Delta will see rain today, while other crop areas will be dry. » More DTN Weather Commentary

Posted at 5:56AM Mon Jun 27, 2016 CDT

Cattle

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