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.
Domestic ethanol inventories posted a fourth consecutive weekly build, climbing to a 12-week high as production jumped to the highest level since March 20 while demand was at the lowest level since about mid-June.
If it looks like a duck and quacks like a duck, it's probably market
manipulation.
BTodd's Take
DTN Tax Columnist Rod Mauszycki gives an overview of 1031 Exchanges for
those farmers considering leaving farming.
BTaxlink
EPA determined that glyphosate is likely to have adverse effects on 1,676
endangered species and 759 critical habitats; the agency now must consult with
other federal agencies on how to mitigate those risks.
FGlyphosate Still Under Review
Hooded sprayers could make a comeback to reduce the chances of drift when
spraying dicamba over the top of tolerant crops and to reduce new buffer
requirements in soybeans for the herbicide.
=^Hooded Sprayers Get Another Look
This practical advice can help create better connections with family
business partners.
1^Family Business Matters
