Sep 20, 2011
Article

Corn Harvest Pace Near Normal

USDA's first harvest progress report of the season, released on Monday, showed the U.S. corn harvest running just slightly behind normal with crop maturation catching up to the average pace. In its weekly crop update, USDA estimated the U.S. harvest was 10% complete, well behind last year’s rapid pace of 18%, but only 1 percentage point behind the five-year average....More
Sep 20, 2011
Article

Early Frost Damages Crops

The 2011 growing season is likely to be one that is talked about for decades to come, whether it be the late planting in many areas last spring, greatly above normal rainfall and flooded fields from late May to early June, severe storms during the early part of the summer, or the extremely dry weather in August and early September. All of that was topped off by a very early killing frost in many areas of Minnesota and surrounding states on the morning of Sept. 15, which is two to three weeks earlier than normal at most locations....More
Sep 20, 2011
Article

Lender Nightmare

The other day I moderated a panel of small business owners and agricultural producers in the eastern Corn Belt. The purpose of the discussion was to ascertain what customers seek from their lenders. The panel of six soon focused on a major lender in the area that had become the Freddy Krueger from A Nightmare on Elm Street lender....More
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