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Market Update |
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Your Daily Market Update
With Vicki Michinski, Grain Originator
Great Lakes Grain
May 17, 2012
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5-day Forecast for Chatham, ON |
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| Date |
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Fri
18 May |
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Sat
19 May |
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Sun
20 May |
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Mon
21 May |
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Tue
22 May |
Weather Condition |
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| Weather |
Clear |
Clear |
Clear |
Thunder Storms |
Thunder Storms |
Temp
L/H (°C) |
6/16 |
12/19 |
13/20 |
14/20 |
12/18 |
Feels Like
L/H (°C) |
6/16 |
12/19 |
13/20 |
14/20 |
12/18 |
Dew Point
(°C) |
7 |
11 |
13 |
13 |
13 |
Humidity
(%) |
69 |
66 |
70 |
75 |
83 |
Wind Speed
(kph) |
8 |
6 |
6 |
10 |
11 |
Precip (%) |
- |
- |
- |
40 |
20 |
Precip Amt (cm)
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None |
None |
None |
Rain 0.10 |
Rain 0.10 |
Evap
(cm/day) |
0.23 |
0.25 |
0.25 |
0.25 |
0.2 |
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View complete Local Weather
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Glencoe Expansion |
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The board of directors of AGRIS Co-operative has approved a capital expenditure at its Glencoe branch to construct a new 600 MT capacity fertilizer storage warehouse. The new fertilizer storage warehouse will more than double the current capacity and allows AGRIS to keep pace with the increasing agronomic demands of its farmer-owners.
“There have been significant changes in plant food with new formulations and the increased use of micro-nutrients,” says Jim Campbell, general manager for AGRIS Co-operative. “Protected nitrogen products like ESN are a whole new category of nitrogen fertilizer that results in the need for not only increased tonnage, but the flexibility in our products stored on site,” Campbell added.
The Glencoe branch has also added a custom air-flow applicator this spring to provide enhanced custom application services, including variable rate capabilities. Construction of the new fertilizer warehouse has started and expected to be completed by the end of May.
“This investment will help improve customer service and provide AGRIS an opportunity to preposition product and take ownership at advantageous times,” say Larry Pajot, AGRIS Co-operative board president. “The net result will allow AGRIS to provide better value for our customers and farmer-owners” added Pajot.
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9 Photos |
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More
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My Market Watch |
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| Commodities |
| CORN (
Jul 12
) |
CBOT |
| 6250 |
50 |
1:49P |
| SOYBEANS (
Jul 12
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CBOT |
| 14380 |
160 |
1:59P |
| WHEAT (
Jul 12
) |
CBOT |
| 6576 |
190 |
1:49P |
| OATS (
Jul 12
) |
CBOT |
| 3384 |
10 |
1:49P |
| Stocks |
| MICROSOFT [Dela |
NASDAQ |
| 29.72 |
- 0.18 |
3:00P |
| WAL-MART STORES |
NYSE |
| 61.68 |
2.49 |
3:03P |
| EXXON MOBIL [De |
NYSE |
| 81.91 |
- 0.26 |
3:00P |
| TIME WARNER [De |
NYSE |
| 34.62 |
- 0.65 |
3:00P |
- Mouse over for last update
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This Day In History |
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May 18, 1897
| Paul Dukas "L'Apprenti Sorcier Pruimtabak on the Market," premieres |
more info
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Dale Cowan Interview |
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Cutworms could be more of a problem for corn this year
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Crop Solutions that Work # 11 |
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Black Cutworm
By Dale Cowan - CCA-ON
Senior Agronomist/Sales Manager
Southern Co-operative Services
The black cutworm is a corn pest to some degree each year in southwestern Ontario. This year is no exception and may well be a bigger issue. The early spring resulted in early green up of weedy areas in field. This has provided ample egg laying sites for the adult moths that blow in on storm fronts from the US Corn Belt.
Read complete Crop Solutons that Work #11
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Stoney Point Elevator Expansion |
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Construction of a new 565,000 steel grain bin at the AGRIS Co-operative Stoney Point location has started. The more than $3 million investment by AGRIS will significantly improve unloading times and storage capacity for the co-operatives member-owners and customers in the Stoney Point area.
AGRIS Co-operative board president, Larry Pajot told owners that, “This investment by AGRIS Co-operative will help strengthen our farmer owner’s ability to deliver their crops more efficiently and take better advantage of marketing opportunities through our partner, Great Lakes Grain.”
BDM Millwrights will manage construction of the project which will also see intake capacity increase to 25,000 bushels
an hour and overall storage increased to 1.6 MM bushels. Construction of the new steel grain bin, receiving pit and legs is expected to start immediately with completion expected early this September and in time for fall harvest
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4 Photos |
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More
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Did You Know? |
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In 1933 the Soil Erosion Service was established; later known as Soil Conservation Service, and today as Natural Resources Conservation Service
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Fact courtesy of the USDA
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Quote of the Day |
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"Everyday I beat my own previous record for number of consecutive days I've stayed alive." |
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Make us your homepage |
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Follow the steps below to make Agris Coop automatically appear when you launch your browser and when you click the Home button:
- Open the Edit menu and choose Preferences.
- Select the Navigator category.
- Choose Home page under Navigator starts with.
- In the Home page section, type
http://www.agris.coop in the Location box.
- Click the OK button.
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