Cedar Rapids Mill

Facility Update

For the most up to date grain bids and hours visit Cargillag.com or call 1-800-515-1105 and the afterhours bid line 1-800-223-5540. The Soil and Water Outcomes Fund (SWOF) is providing financial incentive directly to farmers who transition to on-farm conservation practices that yield positive environmental outcomes like carbon sequestration and water quality improvement. Farmers choose the practice that they would like to implement (examples: no-till, cover crops, land retirement, conversion to pasture, extended rotations, etc.) and SWOF provides significant payments ranging from $25-40 per acre. SWOF is different from most government incentive or cost share programs in that the payment is based on the environmental outcomes you produce, not the practices you implement. This approach offers you an opportunity to sell environmental outcomes as a commodity, similar to how you sell grain. The more environmental outcome “yield” you generate from the practices you implement, the more you’ll be paid. To read more about the program visit theoutcomesfund.com and see if you are eligible to enroll! Feel free to call our office and talk with Maree, Jenna, or Shannon to learn more. UPCOMING MEETING: On Thursday, March 18th, Lynnville Ag Marketing will be featuring Ken Ferrie from Crop-Tech Consulting, Inc. and Farm Journal Field Agronomist. Ken will be presenting at Community Hope Church, 501N Front St, Montezuma, Iowa starting with a noon lunch by Iowa Corn Growers and followed by Ken’s presentation. The topics presented: • What Happened? What Now? • Starting with Soybeans: A Shift in planting order? • The Sins on Spring This is FREE for Iowa Corn Grower Members. $10 for Farm Bureau members and $20 non-Iowa Corn Grower or Farm Bureau members. Please register by March 16th at the Poweshiek County/ ISU Extension and Outreach Office by phone at 641.623.5188 or email xpoweshiek@iastate.edu For more information, contact Cathy Lents, Poweshiek County Extension Executive Director, at clents@iastate.edu DRIVERS – Please make sure you are verifying that the graders have the correct load information for the corn you are hauling when you pull up to the TV screen after the probe. YOU ALSO RECEIVE YOUR PIT ASSIGNMENT AT THIS LOCATION! Market Commentary – 3/08/2021 Tom Manternach Corn and beans rallied hard in the overnight trade before going lower on a sell off on the day trade to end the day slightly higher on both commodities as we found a spot to sit before the crop report comes out tomorrow. We will see what tomorrow brings as we get some fresh news to ponder. Doesn’t feel like this should be a huge market mover as we tweak carry out a bit is the guess. We could see a lot more fireworks at the end of the month on the acres report. I would expect light trade coming into the report tomorrow. Enjoy this nice March weather we are having. Programs and Other Helpful Items! WEIGHT EXTENSIONS ARE EXTENDED TO April 4th Logistics: Busy day