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Wednesday, February 8, 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
642'2s -2'0 1:52P02/07/2012   1:52:00PM CST
CORN (C2K) CBOT
648'4s -2'6 1:52P02/07/2012   1:52:00PM CST
CORN (C2N) CBOT
652'4s -3'6 1:52P02/07/2012   1:52:00PM CST
CORN (C2U) CBOT
598'4s -6'6 1:52P02/07/2012   1:52:00PM CST
CORN (C2Z) CBOT
575'2s -6'0 1:52P02/07/2012   1:52:00PM CST
CORN (C3H) CBOT
586'6s -6'2 1:52P02/07/2012   1:52:00PM CST
SOYBEANS (S2H) CBOT
1232'0s -1'0 1:52P02/07/2012   1:52:00PM CST
SOYBEANS (S2K) CBOT
1241'0s -1'0 1:52P02/07/2012   1:52:00PM CST
SOYBEANS (S2N) CBOT
1250'6s -1'0 1:52P02/07/2012   1:52:00PM CST
WHEAT (W2H) CBOT
662'2s -6'2 1:53P02/07/2012   1:53:00PM CST
WHEAT (W2K) CBOT
672'2s -7'4 1:53P02/07/2012   1:53:00PM CST
LIVE CATTLE (LC2G) CME
125.350s 1.600 1:15P02/07/2012   1:15:00PM CST
LIVE CATTLE (LC2J) CME
128.575s 1.075 1:15P02/07/2012   1:15:00PM CST
LEAN HOGS (LH2G) CME
86.175s - 0.950 1:15P02/07/2012   1:15:00PM CST
LEAN HOGS (LH2J) CME
89.100s 0.550 1:15P02/07/2012   1:15:00PM CST

 - Mouse over for last update

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CORN (C2H)
Exchange:  CBOT
Last Price:  642'2s
Change:  -2'0
Today's High:  643'2
Today's Low:  639'4
Volume:  168,539
Updated:  02/07/2012
1:52:00PM
Delay Time:  10 Minutes



Intraday Commodities
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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
Tuesday, February 7, 2012 5:23PM CST

I'm always a little fascinated with the "duality of man." I understand it comes from the work of Carl Jung. What sticks in my head is the 1987 movie "Full Metal Jacket" when a Marine colonel browbeats private Joker for wearing a peace symbol on his jacket while "Born to Kill" is scribbled on his helmet. Joker (a reporter by the way) says, "I think I was trying to suggest something about the duality of man."

Monday, February 6, 2012 4:48PM CST
Thursday, February 2, 2012 2:01AM CST


Local Conditions
Madison, MN
Chg Zip Code: 
Temp: 1oF Feels Like: -9oF
Humid: 92% Dew Pt: 0oF
Barom: 30.51 Wind Dir: W
Cond: N/A Wind Spd: 5 mph
Sunrise: 7:35 Sunset: 5:41
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