Monday, February 6, 2012  
 
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Due to the unprecedented volatility of the grain markets, we will only be buying grain and pricing New Crop Contracts during trading hours. This will be Monday thru Friday, 9:30AM-1:00PM.


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Price as of 02/06/12 08:24AM CST.
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Local Conditions
Meade, KS
Chg Zip Code: 
Temp: 27oF Feels Like: 19oF
Humid: 74% Dew Pt: 19oF
Barom: 30.3 Wind Dir: SSE
Cond: N/A Wind Spd: 7 mph
Sunrise: 7:42 Sunset: 6:13
As reported at LIBERAL, KS at 8:00 AM
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Local Radar
Meade, KS
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Radar
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5-day Forecast for Meade, KS
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Date Mon
2/6
Tue
2/7
Wed
2/8
Thu
2/9
Fri
2/10
Weather
Condition
Partly Cloudy Snow Clear Clear Partly Cloudy
Weather Partly Cloudy Snow Clear Clear Partly Cloudy
Temp
L/H (°F)
25/52 20/34 15/41 20/47 22/41
Feels
Like

L/H (°F)
19/52 10/25 6/36 9/43 11/34
Dew Point
(°F)
21 17 15 19 19
Humidity
(%)
45 58 53 42 53
Wind
Speed

(mph)
10 18 6 9 10
Precip
(%)
- 55 - - -
Precip
Amt
(in.)
None S: 1/4-1
L: 0.05
None None None
Evap
(in./day)
0.11 0.06 0.06 0.09 0.07
View complete Local Weather

DTN Market Matters Blog
Linda Smith Bio
DTN Markets Editor
Saturday, February 4, 2012 12:01AM CST

On a daily basis, Friday's cash corn price was up 1 cents at $6.32; soybeans, up 16 cents at $11.88; hard red winter wheat, down 5 cents at $6.75; soft red winter wheat, down 3 cents at $6.44; and hard red spring wheat up 3 cents at $8.33.

Friday, February 3, 2012 4:31AM CST
Thursday, February 2, 2012 9:38PM CST

Quote of the Day


"I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot...and I missed. I have failed over and over and over again in my life. And that's precisely why I succeed."

~ Michael Jordan


Did You Know?

In 1917 U.S. grade standards for potatoes were issued, representing the first official grade standard for a fruit or vegetable issued by the USDA


Fact courtesy of the USDA


An Urban's Rural View
Friday, February 3, 2012 4:50PM CST
The news from Japan usually has a predictable quality about it. So American agriculture, which exports a lot to Japan, should take note when the country produces a genuine news flash, as it did recently.
Assess Your Marketing Proclivities
Friday, February 3, 2012 4:49PM CST
Would you hire yourself to market your production? Consider using an assessment tool to identify what you are and are not doing well.
Beef Exports Still Growing
Friday, February 3, 2012 4:00PM CST
Exports of U.S. beef may not grow at 2011's record pace, but will still be respectable, according to attendees of NCBA's convention.
Farm Labor Change Not Enough
Thursday, February 2, 2012 2:35PM CST
A Department of Labor official defended the need to update child-labor laws for farms, but highlighted changes made to ensure children can work for family members. Still, lawmakers criticized the proposal with one congressman saying he would block any funding to implement it.



DTN Market News
Cash Grains Mixed Friday; Higher for the Week
DTN Early Word Grains 02/06 07:19
DTN Midday Grain Comments 02/03 11:56
DTN Closing Grain Comments 02/03 14:16
DTN Cattle Close/Trends 02/03 15:25
DTN Early Word Opening Livestock 02/06 06:14
DTN Midday Livestock Comments 02/03 11:53
DTN Closing Livestock Comments 02/03 16:32
DTN Chart Technical Points 02/03 15:00
DTN Feeder Pig Index

DTN Cash Bid Updates
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Futures
W - WHEAT - CBOT
Month Open High Low Last Change Time More
Mar 12 667'0 655'0 660'6s -2'0 02/03
May 12 681'0 675'0 674'0s -4'0 02/03
Jul 12 694'0 685'0 689'0s -2'6 02/03
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Time More
Mar 12 712'0 716'4 709'4 711'4 -1'2 08:01A
May 12 720'0 724'6 719'4 719'4 -1'6 07:14A
Jul 12 728'6 732'2 727'0 729'0 -0'4 08:13A
Sep 12 736'0 742'6 736'0 739'6 -1'0 07:14A
Dec 12 757'2 760'6 755'6 757'6 -1'0 07:14A
Mar 13 770'0s -3'4 07:14A
May 13 772'0s -3'4 07:14A
Jul 13 760'0s -3'4 07:14A
Sep 13 766'0s -3'4 02/05
Dec 13 772'0s -3'4 07:14A
Mar 14
Jul 14
C - CORN - CBOT
Month Open High Low Last Change Time More
Mar 12 645'4 638'4 644'4s 1'4 02/03
May 12 651'2 646'4 650'6s 1'2 02/03
Jul 12 655'6 649'4 655'4s 2'0 02/03
Sep 12 604'0 596'4 604'6s 3'2 02/03
Dec 12 581'0 575'0 581'4s 2'4 02/03
Mar 13 593'2s 2'2 02/03
May 13 595'2 595'2 600'2s 2'0 02/03
Jul 13 605'2s 1'4 02/03
Sep 13 569'2s -2'0 02/03
Dec 13 557'6 557'6 562'2s -0'4 02/03
Mar 14 573'2s -0'4 02/03
May 14 580'2s 0'4 02/03
Jul 14 583'6s 0'6 02/03
Sep 14 568'2s 1'4 02/03
Dec 14 559'2s -0'4 02/03
Jul 15 579'2s -0'4 02/03
Dec 15 557'2s -0'4 02/03
@C - CORN - CBOT
Month Open High Low Last Change Time More
Mar 12 641'0 648'4 640'6 644'6 0'2 08:12A
May 12 647'2 654'4 647'0 651'0 0'2 08:09A
Jul 12 651'4 659'2 651'4 655'6 0'2 07:14A
S - SOYBEANS - CBOT
Month Open High Low Last Change Time More
Mar 12 1236'0 1220'0 1232'4s 15'4 02/03
May 12 1243'0 1229'0 1240'6s 15'2 02/03
Jul 12 1253'0 1240'0 1250'2s 15'2 02/03
Aug 12 1248'0s 15'2 02/03
Sep 12 1241'4s 14'0 02/03
Nov 12 1237'0 1224'0 1237'2s 13'4 02/03
Jan 13 1242'0 1232'0 1243'0s 12'0 02/03
Mar 13 1243'0 1237'4 1245'2s 11'4 02/03
May 13 1242'4s 10'4 02/03
Jul 13 1245'0s 10'6 02/03
Aug 13 1240'2s 10'0 02/03
Sep 13 1223'4s 10'0 02/03
Nov 13 1209'0s 9'0 02/03
Jan 14 1216'2s 9'0 02/03
Mar 14 1219'0s 9'0 02/03
May 14 1219'6s 9'0 02/03
Jul 14 1224'4s 9'0 02/03
Aug 14 1225'2s 9'0 02/03
Sep 14 1226'4s 9'0 02/03
Nov 14 1210'0s 3'2 02/03
Jul 15 1217'6s 3'2 02/03
Nov 15 1204'2s 3'2 02/03
@S - SOYBEANS - CBOT
Month Open High Low Last Change Time More
Mar 12 1230'6 1242'0 1230'6 1237'6 5'2 08:10A
May 12 1239'2 1250'0 1239'0 1246'0 5'2 08:05A
Jul 12 1248'0 1259'0 1248'0 1254'2 4'0 08:01A
LC - LIVE CATTLE - CME
Month Open High Low Last Change Time More
Feb 12 0.000 125.325 123.550 123.625s - 1.525 02/03
Apr 12 0.000 129.150 127.350 127.400s - 1.500 02/03
Jun 12 0.000 128.350 126.750 126.850s - 1.250 02/03
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Time More
Mar 12 0.000 0.000 0.000 154.450s - 0.925 08:07A
Apr 12 0.000 0.000 0.000 157.025s - 0.900 02/05
May 12 0.000 0.000 0.000 158.400s - 0.375 02/05
My Custom Markets
Symbol Open High Low Last Change Time More

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This Day In History
February 6, 1933
20th amendment (terms of office) passed

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