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CORN (Mar 15) 410'6 -0'4
CORN (May 15) 419'4 -0'4
CORN (Jul 15) 426'4 -0'2
HARD RED WINTER WHEAT (Mar 15) 666'6 -17'6
HARD RED WINTER WHEAT (May 15) 670'6 -17'2
HARD RED WINTER WHEAT (Jul 15) 672'6 -16'2
SOYBEANS (Jan 15) 1030'2 -4'4
SOYBEANS (Mar 15) 1038'2 -4'6
SOYBEANS (May 15) 1045'6 -4'2
LIVE CATTLE (Dec 14) 161.250 2.050
LIVE CATTLE (Feb 15) 160.275 1.575
LIVE CATTLE (Apr 15) 159.650 1.475
FEEDER CATTLE (Jan 15) 220.200 3.075
FEEDER CATTLE (Mar 15) 217.875 4.200
FEEDER CATTLE (Apr 15) 218.000 3.900
LEAN HOGS (Feb 15) 81.800 0.025
LEAN HOGS (Apr 15) 83.100 -0.025
LEAN HOGS (May 15) 87.175 -0.275
WHEAT (Mar 15) 633'0 -23'0
WHEAT (May 15) 635'4 -21'6
WHEAT (Jul 15) 635'2 -19'6
All M&M Cooperative locations will be closed on Thursday and Friday so that employees can spend time with their families. Please note though, that Jim Lengel will be in the office to take Grain Marketing calls on Friday until noon (while the markets are open) and can be reached at 970-848-8267.
With fall harvest underway, M&M Cooperative would like to make sure that our producers are aware of our current discount schedules. Please click here for our current corn discount schedule. Please click here for our current wheat discount schedule.Please don't hesitate to give our grain group a call at 970-848-8267 if you have any questions, comments or concerns. We hope each of you have a safe and prosperous fall harvest!
Please note, the increased aggregated capacities are not effectively immediately (as noted by the asterisk in the table above). The legislation calls for a study to be conducted by the EPA and the USDA within one year of the bill becoming law to determine whether the 6,000 gallon aggregate aboveground storage exemption level is appropriate. Based on the results of that study, the exemption level may be lowered from 6,000 gallons, but cannot be lowered below 2,500 gallons, based on a significant risk of discharge into water. Once the study is complete, EPA and USDA have 18 months to write a rule to adjust the exemption level, and that will be subject to a public comment period.
In regards to what is effective immediately (as this gets confusing), the legislation increases the threshold levels for when a farmer will be required to hire a professional engineer (PE) to write a SPCC Plan –
Individual tank with capacity of 10,000 gallons or more;
Aggregate storage capacity of 20,000 gallons or more;
Farmers with less than 20,000 aggregate can self-certify their SPCC Plan.