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eSNAPSHOT Research Center
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RSVP for our North Dakota Outlook Meeting
Allendale's President, Paul Georgy, will be on hand to present our "Five Marketing Strategies Using Options." The meeting will be held at our Buffalo, ND branch office on Friday, July 24th @ 2:30PM. Paul will speak at 3PM and dinner will be served at 5P
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Tyson to Liquidate 28% of Herd
Wednesday morning, Tyson's spokesman revealed a plan to sell 20,000 of its 70,000 sow herd. This move is being made to slow the losses seen in hog production. Five farms will be sold located in Arkansas and Missouri. While this news sounds exciting it is
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Is the Wheat Low In?
The general perception is once the annual winter wheat harvest has reached sixty percent complete it may be used as a measure to suggest wheat futures have reached a seasonal low. The thought is the majority of the new crop wheat harvest is complete and less likely to produce further significant supply price pressure.
Full Article


Corn Shipments Still Lagging
The trade was expecting combined corn export sales for the week to range from 33.5 to 45.3 million bushels. USDA reported the combined sales totaled 45.9 million bushels, with 27.5 million from old crop corn and 18.4 million bushels from the expected new crop. USDA raised export sales for the 2008 - 09 crop in their last supply and demand report last Friday to 1.8 billion bushels.
Exports Recap


Futures Contract Exemptions
The New York Mercantile Exchange allows non-commercial traders to hold 10,000 net futures per contract month and a total of 20,000 contracts for all months in crude oil. However, the exchange has allowed a huge 117 exemptions since 2006. At certain points
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