Business

Over the last several weeks, the grain and oilseed markets have really struggled to hang on to any positive momentum. There have been moments of upside potential and others with even more concern to the downside.

China’s economy has been a global talking point for the past few decades, especially recently. After all, China is the world’s second-largest economy.

It’s been a dream of Chad Bell’s for a long time. The newly opened fitness center, located in the old Demitasse exercise space on Maine Street in Eads, is officially available for anyone who would like to get in shape, or at the very least, get healthier.

The end of the month can usually bring some volatility to the markets, and August was no exception. Five of the eight months in 2023 so far have brought some notable selloffs in the marketplace.

Continuing with the trend from last week, I’m going to talk a little bit more about South America and their global trade relationships. In recent years, the agricultural trade relationship between China and South America has grown significantly, with China emerging as a major importer of agricultural products from various South American countries.

I’ve mentioned before how things going on around the world can impact us right here at home, especially in the agriculture industry. South America is quickly becoming a major component in the world market.

Due to a few changes outside of anyone’s control, things may look a little different here. I don’t want to give anyone outdated information, and the best way I can think to do that is by focusing on the bigger picture instead of the day-to-day news and commentary.

We’ve all been hearing the buzz about Artificial Intelligence (AI) and the bots that could quite possibly change the world as we know it. I hadn’t played around with any of the chat bots, but I have been a little curious about them.

As the sun rises over the small town of Kit Carson, a new beacon of community support and entrepreneurship is ready to greet its patrons. Introducing Katie’s Korner, a grocery store located at 103 East Highway 287 Unit C, Kit Carson, Colorado, where locals can find more than just groceries – they’ll find a warm, inviting space built upon values of community, respect, and collaboration.

The grain and oilseed complex started this week out on a rough note. Between a cooler and wetter forecast in prime production areas and no major Russia/Ukraine updates over the weekend, there wasn’t much of anything to get bulled up on.

Faith Johnson is the third of the four Johnson sisters who have lived in Kit Carson since they were born to Richard and Sammie Johnson. The girls all attended school at Kit Carson School District and were contributors to the many sports teams and extra-curricular activities that the Wildcats competed in.

We have started yet another week with high volatility and a spike in the markets. The conflict in Ukraine has been going on for something like 17 months now, and throughout the duration of the war, we have seen a lot of back and forth on the status of the grain corridor agreement.

July is an important month in the grain markets. The big USDA acreage report gets released at the end of June, just before we approach a critical point in the corn growing season and begin to grow more confident in what the new crop will really look like.

I’ve mentioned a few times how there are some key dates to be aware of throughout the marketing year that can have big impacts on the market, but I haven’t done a very good job of explaining what these reports tell us. The USDA releases the Crop Progress report on the first business day of each week from April 1 to November 30.

There are a few key USDA reports every year that the trade keeps a close eye on. The June Quarterly Stocks and Planted Acres reports are a couple of them.

Remington Brandt and Cory Miller, two young men who grew up in Eads during the same time frame, have now returned to their hometown, coming together to form the first professional electrician company in Eads for at least many decades.