Albert Lea Elevator November 21, 2008
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Albert Lea Elevator


Local Conditions
Albert Lea, MN
Chg Zip Code: 
Temp: 19oF Feels Like: 11oF
Humid: 68% Dew Pt: 10oF
Barom: 30.37 Wind Dir: S
Cond: Partly Cloudy Wind Spd: 6 mph
Sunrise: 7:17 Sunset: 4:42
As reported at ALBERT LEA, MN at 9:00 PM
 
Local Radar
Albert Lea, MN
Radar
 
Local Forecast
Albert Lea, MN

Saturday

Sunday

Monday

Tuesday

Wednesday
High: 31oF
Low: 18oF
High: 41oF
Low: 23oF
High: 33oF
Low: 25oF
High: 34oF
Low: 21oF
High: 37oF
Low: 22oF
View complete Local Weather
 
DTN Weather Summary
Wintry Weather in Northern Plains
Bryce Anderson (Bio) – DTN Meteorologist

The Northern Plains winter moisture will move into Iowa and Minnesota Saturday, causing some harvest delays in the area. There will also be another round of eastern Great Lakes snow. Dry conditions elsewhere in the central U.S. will allow for additional harvest progress during the heart of the weekend. » More DTN Weather Commentary

Posted at 3:17PM Fri Nov 21, 2008 CST

DTN Top Stories

Weather outlook for Brazil is mostly good, but dryness in the south is causing some concern. In Argentina, dry conditions are delaying planting and bringing on early-season crop stress. See DTN Ag News. BFull Story...

Friday's news was full of stories related to the VeraSun bankruptcy case, including the first info from the company on how it might deal with outstanding corn contracts with farmers. See DTN Ag News. 4^Full Story...

Sunday evening's E-CBOT trade will focus on the mostly favorable harvest conditions and holiday travel weather ahead for next week. See DTN Ag News. BFull Story...

Agricultural groups are going to have to take a larger role in working to find solutions for greenhouse gas emissions or risk facing more regulation without capturing benefits. See DTN Ag News. BFull Story...

Banks are being encouraged to lend, yet lawmakers and community bankers are hearing that regulators also are demanding more loan diversity. That's a challenge in rural areas that lean so heavily on agricultural loans. See DTN Ag News. BFull Story...


 
Local Cash Bids
 
Albert Lea Delivery Basis Cash  
 Corn Nov 30, 08
  New Crop 2009
 Soybeans Nov 30, 08
  New Crop 2009
EXOL Delivery Basis Cash  
 CORN Nov 30, 08

Price as of 11/21/08 09:58PM CST.
 
Click to view more Cashbids

Quote Ticker

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Quotes
 
C - CORN - CBOT
  High Low Last Chg
Dec 360'0 337'4 338'4s -25'2
Mar 376'0 353'0 354'2s -25'6
May 387'0 365'6 365'4s -25'4
 
@C - CORN - CBOT
  High Low Last Chg
Dec 362'4 336'4 338'4s -25'2
Mar 378'6 352'2 354'2s -25'6
May 389'0 364'0 365'4s -25'4
 
S - SOYBEANS - CBOT
  High Low Last Chg
Jan 862'4 838'0 840'0s -16'0
Mar 870'0 846'0 847'2s -15'4
May 876'0 854'4 855'6s -15'6
 
@S - SOYBEANS - CBOT
  High Low Last Chg
Jan 862'6 835'2 840'0s -16'0
Mar 870'0 841'2 847'2s -15'4
May 878'6 854'6 855'6s -15'6
 
SM - SOYBEAN MEAL - CBOT
  High Low Last Chg
Dec 259'0 249'7 249'9s -7'3
Jan 259'3 250'0 250'5s -8'0
Mar 261'5 253'0 252'9s -7'8
 
LC - LIVE CATTLE - CME
  High Low Last Chg
Dec 86.050 84.250 84.900s - 0.900
Feb 86.600 84.850 85.500s - 1.025
 
LH - LEAN HOGS - CME
  High Low Last Chg
Dec 57.200 56.650 56.875s 0.075
Feb 65.150 64.050 64.100s - 0.575

Quote of the Day


"I'd rather laugh with the sinners than cry with the saints. Sinners have much more fun."

~ Billy Joel,  from the song "Only the good die young"


Did You Know?

In 1929 the Great Depression began


Fact courtesy of the USDA


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