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.
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Quote of the Day
"You do not chop off a section of your imaginative substance and make a book specifically for children, for— if you are honest— you have no idea where childhood ends and maturity beings. It is all endless and all one."
~
P. L. Travers, English Author, creator of "Mary Poppins"
At 11 a.m. CDT on Wednesday, Sept. 30, USDA will release its reports of
Sept. 1 Grain Stocks and Small Grains Summary. The reports will provide a check
on old-crop ending corn and soybean stocks and give an update of wheat
production estimates for 2020.
BUSDA Reports Preview
EPA is proposing phasing out many Bt corn and cotton products in the next
three-to-five years, leaving only Bt products with Vip3A on the market.
BBt on the Chopping Block
Decatur, Michigan, farmer Michael Stamp is scheduled for sentencing on
Jan. 19, 2021, after pleading guilty to bank fraud and conspiracy to make false
statements to the Federal Crop Insurance Corp.
7^MI Farmer Reaches Second Plea Agreement
The growing reliance on aid payments during the past three years has made
government programs a higher share of net farm income. The aid payments have
buoyed land values as well. Farm policy wonks recognize the aid payments are
not sustainable. Talk is increasingly turning to other forms of environmental
payments.
=^From Ad Hoc to Green Payments
A federal judge on Monday dismissed a case alleging the nation's largest
meatpackers conspired to lower fed-cattle prices.
:^Cattle Price Conspiracy Suit Dismissed
