Anton Coop Announcements

POSSIBILITY OF LOAN DEFICIENCY PAYMENTS (LDPs)

As producers are aware, we have been experiencing depressed 2016 wheat prices.

These depressed wheat prices have brougth about the possibility of Loand Deficiency

Paymens (LDPs) becoming available in the near future.

In order to maintain LDP eligibility, producers MUST FILE the corn CCC-633EZ

page 1 with their local FSAoffice PRIOR to grain delivery or before losing control

(beneficial interest) in the grain.

Many of our producers DO NOT have this form on file.  Before maketing or

forward contract delivery, please contact your local FSA Office to file the CCC-

663EZ Page 1 to remain eligible for possible LDPs.  Should LDPs become available, 

producers must request the LDP by filing the CCC-633EZ page 2 with the office

where the farm records are maintained

 

 

 

 

 

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Announcements:

While most farmers would say that marketing isn’t the most enjoyable part of the job even in the best of times, the current environment makes it even more difficult than usual. That doesn’t change the fact that all the bushels must be sold eventually. What is the best approach to marketing in this environment?

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Don't let the lower prices distract you from future profits.  Consider entering your target orders 2016

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Quotes
Market Snapshot
Quotes retrieved on August 27, 2016, 03:26:05 PM CDT
Local Weather

Anton, Colorado (80801)

Current Conditions: Sunny
Temperature: 78°F Dew point: 47°F
Humidity: 33% Pressure: 30.11 in. Hg
Wind: 9 mph From: Southeast

Forecast

Saturday

Hi: 85°
Lo: 58°
Sunday

Hi: 86°
Lo: 58°
Monday

Hi: 84°
Lo: 58°
Tuesday

Hi: 82°
Lo: 59°
Wednesday

Hi: 83°
Lo: 60°

Zip Code:

© 2016 Freese-Notis Weather

Commentary
Cotton -

Cotton futures ended Friday trade mixed, but within 5 points of unchanged with December down one point on the session, and unchanged for the week,

Lean Hogs -

Lean hog futures were sharply higher on Friday with the October contract up $2.625 on the session, but posting a weekly loss of 60 cents or almost

Cattle -

Live cattle futures were down more than two dollars in the front two contracts on Friday and August futures lost $3.20 for the week.  Feeders

Wheat -

Wheat futures were sharply lower on Friday.  The front month contract for SRW lost 43.5 cents this week, and Sept HRW futures were down

Soybeans -

Soybean futures finished the session with losses of 6 to 8 3/4 cents. September futures lost 36 1/4 cents or 3.66% on the week.  Prices found

Corn -

Corn futures settled mostly 7 to 7 1/2 cents lower on Friday with Dec16 down 7 cents on the day, and losing 18 3/4 cents on the week.  The PFA

Full commentary...