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Sunday, January 29, 2012  
 
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HIA Update
 

                   

112 6th Ave
Madison, MN  56256
320-598-3332

PO Box 194 - 857 US Hwy 12
Ortonville, MN  56278
 320-839-2896



 


Trend Adjusted APH is more expensive than originally estimated!!!
This option, which increases a unit's average production history, was originally thought to cost the same as the 60% yield substitution.  This was stated in the original language.  A 'second draft' changed this seemingly no-brainer option to a very complicated formula.  Now you will be charged a base premium equal to the yield guarantee's effective coverage, yet retain your elected level subsidy rate!  Make sure you talk to Duane, Tim, or Peter about this option.

 


Weather Insurance
NOW AVAILABLE
Contact us for Details and Quotes

Total Weather Insurance as provided by the Climate Corporation
Weather Insurance may not be for everyone, but we can provide an objective, no pressure quote to anyone interested
 


It's a new year with new opportunities and programs that can serve your farm well.  There are also plenty of products being pitched that may not perform as well as advertised.  If you are considering a crop insurance or related named peril product, please talk to one of us.  You will receive no pressure sales advice and truly objective information.  We are a family owned independent agency dedicated to serving our local area.  Our policys are serviced by a licensed agent invested in the business relationship - not a sales representative hunting for more commissions - and reinsured by the largest multiperil AIP in the business - RCIS.



Iowa agent pays back $834,897 in fraudulent claims he filed in South Dakota.

http://www.rma.usda.gov/news/2011/12/hawley.pdf

http://southwestiowanews.com/articles/2011/12/16/denison/news/doc4eeba9277d466214137486.txt

 Choose an agent wisely! Before choosing your agent, please remember that you can only switch agents once per crop year.  If someone is approaching you with urgent action or early signup requirements, we advise caution.  Theoretically, someone could obtain your policy and not speak to you again!  

 
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Quotes
Name Exchg
CORN (C2H) CBOT
641'6s 7'2 1:39P01/27/2012   1:39:00PM CST
CORN (C2K) CBOT
647'4s 7'4 1:39P01/27/2012   1:39:00PM CST
CORN (C2N) CBOT
651'0s 7'2 1:39P01/27/2012   1:39:00PM CST
CORN (C2U) CBOT
594'0s 5'2 1:39P01/27/2012   1:39:00PM CST
CORN (C2Z) CBOT
571'0s 5'0 1:39P01/27/2012   1:39:00PM CST
CORN (C3H) CBOT
583'0s 4'6 1:39P01/27/2012   1:39:00PM CST
SOYBEANS (S2H) CBOT
1219'0s -3'6 1:43P01/27/2012   1:43:00PM CST
SOYBEANS (S2K) CBOT
1228'4s -3'4 1:43P01/27/2012   1:43:00PM CST
SOYBEANS (S2N) CBOT
1238'2s -3'4 1:43P01/27/2012   1:43:00PM CST
WHEAT (W2H) CBOT
647'2s -6'2 1:44P01/27/2012   1:44:00PM CST
WHEAT (W2K) CBOT
661'6s -5'0 1:44P01/27/2012   1:44:00PM CST
LIVE CATTLE (LC2G) CME
124.700s 0.150 1:18P01/27/2012   1:18:00PM CST
LIVE CATTLE (LC2J) CME
128.450s 0.400 1:18P01/27/2012   1:18:00PM CST
LEAN HOGS (LH2G) CME
86.675s 0.725 1:18P01/27/2012   1:18:00PM CST
LEAN HOGS (LH2J) CME
87.375s 0.575 1:18P01/27/2012   1:18:00PM CST

 - Mouse over for last update

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CORN (C2H)
Exchange:  CBOT
Last Price:  641'6s
Change:  7'2
Today's High:  642'2
Today's Low:  635'4
Volume:  188,121
Updated:  01/27/2012
1:39:00PM
Delay Time:  10 Minutes



Intraday Commodities
@CH2

Cash Bids
 

$$$$$$$$$$$$$$$$$$  

Click below to view recent local cash prices at nearby elevators.  
 *all bids recorded daily from each elevators website....however, any information contained within our site is unofficial and NOT to be used as a bid for contract. 

 
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DTN Ag Policy Blog
Chris Clayton Bio
DTN Ag Policy Editor
Wednesday, January 25, 2012 8:04PM CST

Biodiesel producers are calling on Congress to reinstate the $1-a-gallon tax credit on biodiesel that expired at the end of the year, citing more than 1 billion gallons produced in 2011.

Wednesday, January 25, 2012 8:04PM CST
Wednesday, January 25, 2012 12:32PM CST


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Madison, MN
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