River Valley Cooperative

February 5, 2012

Your Success - Our Future

A company is known by the customers it keeps, and we’re proud to serve forward-thinking farmers in Iowa and Illinois who share a love of the land.

As a company founded and owned by farmers, we’ve adapted to meet the needs of a new generation of rural residents. Count on us for feed, agronomy, energy, and grain solutions that are both economically and environmentally sound.

We’re glad you’re here, and we invite you to discover how River Valley Cooperative is committed to increasing the efficiency and productivity of your agribusiness operation.

CURRENT CONDITIONS

Clarence, IA

Details

Temp.:	34°F
Wind:	@ 0 mph
Dew Point:	27°F
Humidity:	75%
Pressure:	30.33 in. Hg

Change Location:

2012- International Year of Cooperatives

01.20.2012

Co-operatives provide a sustainable business model that supports the social and economic development of economies, communities, and individua...

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Grow Rural Education-- Nominate NOW!

01.17.2012

Nothing is more important than the next generation. That’s why Monsanto introduced America's Farmers Grow Rural Educati...

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Come Visit Us at the QC Farm Show!

01.03.2012

FREE Admission! FREE Seminars! FREE Parking!! Come visit us at the QC Farm Show at the QCCA Expo Center in Rock Island, IL! River Valley Cooperat...

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Scholarship Opportunity

12.09.2011

Cargill is graciously awarding 350 HS seniors with scholarships in 2012...

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GET Plot Summary Results

12.05.2011

The 2011 GET Plot summary results have been released! To view the summary, plus individual results, please CLICK HERE!

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Location:

Bid Details

GRAIN NOTES

February 3, 2012

ADM Clinton Hours
Friday 5a-5p NO Platinum Hours
Monday 5a-3p

ADM Cedar Rapids Hours
Friday 5a-3p
Monday 5a-5p

Bean prices moved higher and finished the day 12-15 cents stronger. Bean support came from Informa Economics which released new estimates on the South American crop prospects. Argentina's production was lowered to 46.5 mmt which was down from their last estimate and down from USDA's current estimate of 50.5 mmt. In addition the Brazilian bean crop was lowered to 70 mmt which is well below USDA's last estimate of 74 mmt. Corn prices were reluctant, but followed soybean prices into the close and finished the session 1-3 cents higher after trading most of day 3-5 cents lower. Informa's numbers on corn for Argentina were 22.5 mmt versus USDA's current 26 mmt. Brazil's production is thought to be 61.6 mmt which is slightly higher than USDA's 61 mmt. Recent rains are expected to have stablilized the corn crop with limited additional losses. Russia announced no limit on feed grain exports which pressured corn and wheat prices.

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