Albert Lea Elevator


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	Albert Lea Elevator

Local Conditions

Albert Lea, MN

Chg Zip Code:
Temp:	63^oF	Feels Like:	63^oF
Humid:	94%	Dew Pt:	61^oF
Barom:	30.03	Wind Dir:	N
Cond:	Clear	Wind Spd:	0 mph
Sunrise:	5:38	Sunset:	8:57
As reported at ALBERT LEA, MN at 11:00 PM


	Local Radar
	Albert Lea, MN

Local Forecast

Albert Lea, MN

Sunday	Monday	Tuesday	Wednesday	Thursday
High: 82^oF Low: 58^oF	High: 83^oF Low: 61^oF	High: 85^oF Low: 62^oF	High: 88^oF Low: 69^oF	High: 90^oF Low: 72^oF

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DTN Weather Summary

Rains in Northern Plains Friday

Bryce Anderson (Bio) – DTN Meteorologist

Friday will feature thunderstorms with light to moderate rain in the Northern Plains. This unsettled weather pattern will continue into the Independence Day holiday Saturday over the northern and western Plains through western Midwest. » More DTN Weather Commentary

Posted at 1:32PM Thu Jul 2, 2009 CDT

	DTN Top Stories
	Normal monsoon rains are behind schedule in China and India; conditions are also dry in Ukraine. See DTN Ag News. BFull Story... Don't make the mistake of dismissing the flu-pandemic talk as meaningless hype. This flu's implications for agriculture go well beyond the effects of its unfortunate popular name on pork producers. See DTN Ag News. BFull Story... Soybean aphids could return this summer with a vengeance. Growers should scout through early July to see if aphid numbers require treatment. See DTN Ag News. BFull Story... Recent tax changes give farmers great flexibility for reporting farm tax losses, but terms can be confusing. DTN tax authority Andy Biebl explains the loss rules as well as a tax court case on crop insurance proceeds and why there's new life for the "cash for clunkers" credit. See DTN Ag News. 1^Full Story... USDA is predicting a larger corn carryout for the current crop year and larger production for the new corn crop. Combine that with a weak demand outlook, and it will be hard for futures prices and basis levels to rally without something to drive demand. See DTN Ag News. BFull Story...

Local Cash Bids

Albert Lea	Delivery	Cash	Basis
Corn	Jul 31, 09
	Aug 31, 09
	New Crop 2009
Soybeans	Jul 31, 09
	New Crop 2009
EXOL	Delivery	Cash	Basis
CORN	Jul 31, 09
	Aug 31, 09

Price as of 07/04/09 11:32PM CDT.

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	Quote Ticker
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Quotes

@C - CORN - CBOT
	High	Low	Last	Chg
Jul			345'6s	-6'0
Sep			345'6s	-10'6
Dec			357'4s	-11'6

@S - SOYBEANS - CBOT
	High	Low	Last	Chg
Jul			1243'0s	-15'4
Aug			1154'0s	-6'4
Sep			1061'0s	-7'4

@SM - SOYBEAN MEAL - CBOT
	High	Low	Last	Chg
Jul			4112s	- 70
Aug			3822s	- 20
Sep			3488s	- 4

LC - LIVE CATTLE - CME
	High	Low	Last	Chg
Aug			84.875s	- 0.875
Oct			90.225s	- 0.550

LH - LEAN HOGS - CME
	High	Low	Last	Chg
Jul			59.975s	0.725
Aug			61.150s	0.450

@HE - LEAN HOGS - CME
	High	Low	Last	Chg
Jul			59.975s	0.725
Aug			61.150s	0.450
Oct			57.175s	0.250

Quote of the Day

"Nothing focuses the mind better than the constant sight of a competitor who wants to wipe you off the map."

Wayne Calloway

	Did You Know?
	In 1879 formalized veterinary education began at Iowa State College, making it the oldest state veterinary college
	Fact courtesy of the USDA


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