Friday, October 28, 2011
Hi from my desk @ RUC!
This is my annual “Thank You” Ramble. I sat down and thought about this last year. I am a general manager of an Ag business which is successful because of our patron’s loyalty, which I am very thankful for. The crop is a good one, and provided us with the necessary bushels to keep our business viable. I’m thankful for loyal employees whose passion for their job keeps me inspired to come to work every day. I’m thankful for all my friends and colleagues who I depend on every single day. Most important of all is my family. They are the forefront of my existence. Without them I would most certainly fail. Their support, love concern is what gets me over any obstacle. I am a lucky man! I am looking forward to the next year. I will enjoy my grandkids more as they get older.
Our perfect fall continues. I would have bet any amount of money that on October 28th we would be preparing to combine corn and it would be wet, very wet. Here we are, with the harvest virtually done and we have most of the fall tillage completed. Unbelievable!
On Monday, corn harvest was 81% complete nationally, which compares to the 5-year average of 50%. I would expect next week’s report to be over 90% complete. North Dakota had 51% of their corn crop combined. Soybeans were 91% harvested which compares to the 5-year avg of 71%. ND has 97% of the soybeans combined. Winter wheat is 87% completed vs. 84% (5-year avg).
The record $16,675/acre farmland sold in early October in Northwest Iowa. Will it ever stop?
The nearby December corn futures contract is currently trading higher than the Chicago wheat contract. This has only happened once before, in 1983. Prior to 2006, the average monthly settlement price for the nearby corn contract hit $4 a bushel only three times, all in 1996. Since 2006, the average monthly corn price has broken $4 a bushel 30 times. US corn feed use has declined each of the past 10 years, corresponding closely with rising ethanol production. The percentage of corn feed use has dropped from 74 percent ten years ago, to an estimated 42 percent this year. This means tighter supplies of corn, and as a result, many feed buyers are substituting wheat for corn.
The Vikings have found their future with Ponder. We will just have to endure the training period. Patience Paul………….
Locally, prices for the week: corn closed up $.05 @ $5.95. Soybeans closed today @ $11.26, up $.29 this week. Wheat closed the week @ $8.53, up $.06.
In closing, I was sent this in an email a few years ago and had to put it into the “Ramble”. Enjoy……………
Too many people put off something that brings them joy just because they haven't thought about it, don't have it on their schedule, didn't know it was coming or are too rigid to depart from their routine.
I got to thinking one day about all those women on the Titanic who passed up dessert at dinner that fateful night in an effort to cut back. From then on, I've tried to be a little more flexible.
How often have your kids dropped in to talk and sat in silence while you watched 'Jeopardy' on television?
Because Americans cram so much into their lives, we tend to schedule our headaches. We live on a sparse diet of promises we make to ourselves when all the conditions are perfect!
We'll go back and visit the grandparents when we get Steve toilet-trained. We'll entertain when we replace the living-room carpet... We'll go on a second honeymoon when we get two more kids out of college.
Life has a way of accelerating as we get older. The days get shorter, and the list of promises to ourselves gets longer. One morning, we awaken, and all we have to show for our lives is a litany of 'I'm going to,' 'I plan on,' and 'someday, when things are settled down a bit.'
When anyone calls my 'seize the moment' friend, she is open to adventure and available for trips. She keeps an open mind on new ideas. Her enthusiasm for life is contagious. You talk with her for five minutes, and you're ready to trade your bad feet for a pair of Roller blades and skip an elevator for a bungee cord..
My lips have not touched ice cream in 10 years. I love ice cream. It's just that I might as well apply it directly to my stomach with a spatula and eliminate the digestive process. The other day, I stopped the car and bought a triple-Decker. If my car had hit an iceberg on the way home, I would have died happy.
Now....go on and have a nice day. Do something you WANT to......not something on your SHOULD DO list. If you were going to die soon and had only one phone call you could make, who would you call and what would you say? And why are you waiting?
Make sure you read this to the end and you will understand why it’s so important.
Have you ever watched kids playing on a merry go round or listened to the rain lapping on the ground? Ever followed a butter fly's erratic flight or gazed at the sun into the fading night? Do you run through each day on the fly? When you ask ' How are you?' Do you hear the reply?
When the day is done, do you lie in your bed with the next hundred chores running through your head? Have you ever told your child, 'We'll do it tomorrow.' And in your haste, not see his sorrow? Ever lost touch? Let a good friendship die? Just call to say 'Hi?
When you worry and hurry through your day, it is like an unopened gift.....Thrown away....... Life is not a race Take it slower. Hear the music before the song is over.
Again, thank you for all.
Happy Halloween & Go Bison!
If God brings you to it he'll bring you through it.............