I wanted to send out a quick informational update about us here at the plant. Due to the current circumstances and the demobilization of the country, during the next couple of weeks Husker Ag has elected to keep one of our plants down. We just completed a spring maintenance turnaround and rather than bring both plants online, we are waiting until we see a more clear picture of the virus and fuel demand as the terminals are starting to fill up.
We are in fine financial standing, with a large unused line of credit, as well as significant cash assets. We will continue to pay timely for your corn.
Also, we are taking every precaution to safeguard our employees, and as such are restricting access to the site by outside visitors and vendors. We also ask that you follow our signs and policies when you are on the property.
This week, the Department of Homeland Security reaffirmed that ethanol plants are a part of the Nation’s Critical Infrastructure. So as such, we are fairly confident that we will continue to operate even in a quarantine situation.
We appreciate your business and we will try to keep updating you as things change.
EPA Administrator Andrew Wheeler said his agency doesn't plan to release proposed Renewable Fuel Standard volumes before Friday's federal holiday. The ethanol industry has been anticipating the release of those volume levels. Wheeler held a call Wednesday mainly to tout environmental provisions in the USMCA deal.
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Quote of the Day
"Some people see things that are and ask, Why? Some people dream of things that never were and ask, Why not? Some people have to go to work and don't have time for all that ..."
USDA has announced spending $27.1 million between two companies for
vaccine concentrate that will function as a strategic reserve against the risk
of foot-and-mouth disease returning to the livestock herd.
:^USDA Filling FMD Vaccine Bank
The heat is on and our View From the Cab farmers reflect on what it might
mean to crops and markets.
=^View From the Cab
The president of the American Farm Bureau Federation tested positive for
COVID-19 after feeling some symptoms. His last official event was June 25 in
Georgia with Agriculture Secretary Sonny Perdue and Gov. Brian Kemp in
attendance.
BPositive Case Concerns
I understand that you can wear whatever hat you choose, but there's always
the potential for a different outcome. Bulls can be bit by bears and bears can
be outworked by bulls. So instead of choosing one outlook, I find the most
clarity being completely factual and rely on the hard facts to lead me to new
questions and hopefully stronger conclusions.
BCall the Market
Retail fertilizer prices declined for the fourth week in a row, and even
though busy season has passed, the shutdown of a major waterway could
complicate the supply picture next fall.
4^DTN Fertilizer Trends
