Market Report


Grain Markets

3/2/15 10:59am

May Corn -4 ½ @ 3.88 ¾

May Beans -14 ¼ @ 10.17 ½

 

Good Morning!

 

In the International news:

–          China cuts interest rates by .25% just 4 months after last reduction.  More can be read at the Wall Street Journal (http://www.wsj.com/articles/china-rate-cut-renews-economic-concerns-1425242816 )

–          Boris Nemtsov/Putin Critics was assassinated, Fear in Russia, more can be read in the New York Times (http://www.nytimes.com/2015/03/01/world/europe/killing-of-boris-nemtsov-putin-critic-breeds-fear-in-russia.html?_r=0 )

 

Grain:

Not a lot of news in grain to speak of, low overnight volume, and exports were low across the board last week.  CVA switched basis levels to the May, as did many others in the area.  Weather looks to trend warmer as the week progresses, which is a welcomed change.

 

Corn:

Quiet overnight volume, looking for the roll form Mar to the May, the spread currently sitting at 9.5 cents .  Farmers are busy making crop insurance decisions.  Last week corn showed strength really form the strength in beans.  Look for some pretty hefty resistance at the $4.00 level.  CVA switched basis levels to the May, as did many others in the area.

 

Beans:

Morning session started off seeing a reaction to the Brazilian truck strike being resolved in most areas as roads begin opening up.  Trucks are now reaching ports and traffic is getting back to normal report say.  Last week’s run up was mostly due to the strikes.  Seems to be giving back a good portion this am.

 

For Fun:

As I was reading USA Today last week, I noticed a story which left me thinking….What?!?!  With KFC soon to release “Seattle’s Best” coffees they are testing a “Scoff-ee cup” which are a range of edible cups  This so far only in U.K Restaurants.  An edible cookie coffee cup, I think I will pass.

http://www.usatoday.com/story/money/2015/02/25/kfc-edible-coffee-cup-fast-food-restaurants/23994315/

 

Greg Mockenhaupt

ProEdge Risk Management Consultant

P: (402) 685-5613 | C: (402) 380-9855 | Greg.Mockenhaupt@cvacoop.com

1007 County Road O

Oakland, NE 68045

www.cvacoop.com

Burt County Fair Kick-off Huge Success


By Mary Loftis

Extension Assistant

The Burt County Fair Foundation Fundraiser was held Saturday evening, February 28 in Tekamah. It was well attended by a wonderful group of supporters from across the county.

The evening was made up of a delicious meal, silent and live auctions, entertainment by comedian and ventriloquist Wayne Francis and a dance with Bill Skinner providing the music.

The fundraiser was a huge success again…the best yet, thanks to the continued generous support of the bidders, buyers and all the donors.

During the event the Fair Foundation announced plans for their next big fundraising effort. They are planning a new building on the fairgrounds which will replace the current Ag Hall for open class exhibits and vendor booths.  The dates of the 2015 Burt County Fair are August 7-11 in Oakland.

The Burt County Fair Foundation Fundraiser Saturday evening at the Tekamah Auditorium was well attended by a wonderful group of fair supporters. Photo Credit/Mary Loftis.

The Burt County Fair Foundation Fundraiser Saturday evening at the Tekamah Auditorium was well attended by a wonderful group of fair supporters. Photo Credit/Mary Loftis.

Patricia J. Pickell, 39, of Tekamah NE


PATRICIA J. PICKELL, 39 years, of Tekamah, Nebraska, passed away Sunday, March 1, 2015, at the Nebraska Medical Center in Omaha, Nebraska.

FUNERAL SERVICE: Services are pending with Pelan Funeral Services.

Lorine Bush, 95, of Oakland NE


LORINE BUSH, 95 years, of Oakland, Nebraska passed away Friday, February 27, 2015, at the CHI Health Creighton University Medical Center, in Omaha, Nebraska

MEMORIAL SERVICE: Services are pending with Pelan Funeral Services.

Vern P. McAfee, 91, of Emerson NE


Vern P. McAfee, 91, of Emerson, NE passed away Saturday, February 28, 2015 at Heritage of Emerson in Emerson, NE.

Funeral services are pending with Munderloh – Smith Funeral Home in Emerson, NE.

Tree Care Workshop Hosted by Nebraska Forest Service


The Nebraska Forest Service will be hosting a Tree Care Workshop in Norfolk on March 12, 2015 at the Lifelong Learning Center on the campus of Northeast Community College, 801 East Benjamin Avenue. This work-shop will focus on communities being ready for disasters such as Thousand Cankers Disease and Emerald Ash Borer and is geared towards arborists, municipal workers, and those who work with community landscapes.

The workshop is from 9 a.m.-3 p.m. ReTree Nebraska Ambassadors can register for a discounted fee of $20. Students, master gardeners, tree board volunteers, NSA Inc. curators, NAA, NNLA and ISA members receive a $5 discount.

Participants can earn CEUs from the International Society of Arboriculture and Nebraska Arborists Association. For more information contact Graham Herbst at 402-444-7875, gherbst2@unl.edu. The cost is $55 and includes lunch. Register online by March 1 at: nfs.unl.edu

Amy Fahnestock, 86, of Grand Island NE


Amy Fahnestock, 86, of Grand Island, Nebraska passed away at CHI-St Francis in Grand Island on Thur, Feb 26th.  Services to celebrate Amy’s life will be held at 11 a.m. on Monday March 2nd at Calvary Lutheran Church, 13th and Custer, Grand Island. Pastor Sheri Lodel will officiate.  There will be no visitation as Amy chose to be cremated.  The family requests in lieu of flowers memorials be given to either Calvary Lutheran Church or donor’s choice.  All Faiths Funeral Home in Grand Island is serving the family.

Mrs. Fahnestock was born on a farm south of Scribner, NE on January 23rd, 1929 to Martin and Martha (Nieman) Schroeder.  Amy graduated from Scribner High in 1947. On February 10th, 1950 she married the love of her life, Robert Fahnestock, also of Scribner. They were blessed with 59 happy years of marriage. Son, Rob Jr and daughter, Jill, were borne out of this union.

In the early 70’s, Bob and Amy became members of the Foster and Adoptive Parents Association of Nebraska. They provided a loving home for foster children Lucy, Virginia, Mark, Jolene, Margie, Vickie, Jeanna, LaRae, Justine, John, Michael, Roberta and Monica over the next 10 plus years. They were active supporters of foster and adoptive care through their retirement years.  They were honored as Native Son and Daughter of the Year by their hometown of Scribner for their work on behalf of foster children.

In their retirement years, both Bob and Amy worked as family supporters for the State of Nebraska; working with families in crisis.
For 20 years, Bob and Amy were active in, and thoroughly enjoyed participating in, a Marriage Encounter Spiral Group.

Amy was an active member of Calvary Lutheran Church. She served on the board, sang in the choir, taught Sunday School, spent 10 years as Calvary’s funeral lunch coordinator and served as co-president of Women of Calvary for many years.   One of Amy’s favorite Bible verses was “I can do all things through Christ who strengthens me.”

Amy loved playing games and cards with her family. She loved writing and won a contest, had a story published and a true story she wrote was used by her Veterinarian, both at a convention and later in a book he wrote. Amy loved dogs, cats, oil painting, collecting recipes, word game books, reading and dancing. Amy began painting again during her stay at Wedgewood, but left-handed. She was proud and pleased to sell her first painting at 85 years of age.

Amy was preceded in death by her husband, Bob, in 2009; parents, sister Laura and two brothers-in-law.

Amy is survived by her son Robert Jr, his wife Virginia Fahnestock, daughter Jill Fahnestock, grandson, Ben Fahnestock; all of Grand Island. She is also survived by 13 foster children, sister Arlene Carper of Oakland, brother-in-law and sister-in-law Ken and Lou Ann Henkins of Omaha, seven nieces and nephews, as well as many cousins and friends.

Amy Fahnestock

Amy Fahnestock

Reminder: Burt County Fair Kick-Off Tomorrow


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4-H Pride Spelled Out in Craig


4-H pride during 4-H Week was spelled out in Craig on an icy snow pile by the Argo 4-H Club. Helping in the freezing cold were: Colton Smith, Ryan Smith, Madeline Pearson, Karley Eriksen, Greta Pearson, Brinley Eriksen, Parke Loftis and Justin Smith all of Craig.Photo Credit/Mary Loftis.

4-H pride during 4-H Week was spelled out in Craig on an icy snow pile by the Argo 4-H Club.
Helping in the freezing cold were: Colton Smith, Ryan Smith, Madeline Pearson, Karley Eriksen, Greta Pearson, Brinley Eriksen, Parke Loftis and Justin Smith all of Craig.Photo Credit/Mary Loftis.

Flying Needles 4-H Club Makes Muffins to Take to Golden Living Center


Izzy Connealy and Lily Willing get help making muffins from Jessica Fleischman while 4-H leader, Kim Jackson reads the recipe. The Flying Needs 4-H Club made apple and banana muffins which were shared during Burt County 4-H Week with the residents of the Golden Living Center, the Methodist Church coffee hour and the Extension Office. Photo Credit/Mary Loftis.

Izzy Connealy and Lily Willing get help making muffins from Jessica Fleischman while 4-H leader, Kim Jackson reads the recipe.
The Flying Needs 4-H Club made apple and banana muffins which were shared during Burt County 4-H Week with the residents of the
Golden Living Center, the Methodist Church coffee hour and the Extension Office. Photo Credit/Mary Loftis.