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Marketing Committee revises plan
November 21, 2008
Fargo, ND - In their second meeting this fall, the AdFarm North Dakota farm marketing committee revised its plan for marketing the remaining 2008 winter wheat crop.
The marketing committee is responsible for profitably marketing the 2008 crop of approximately 4,500 bushels of winter wheat. The crop was grown on the 70 acres of AdFarm ground rented from Cooperating Farmer Fred Lukens. Two thousand bushels of this crop were sold for $8.54/bushel, December delivery to Finley Farmers Elevator. In a September meeting, the group agreed to a $7/bushel or December 1 sell strategy for the remaining 2,500 bushels.
With an expected breakeven of $4.40/bushel on the remaining 2,500 bushels, the group revised their plan to a $6/bushel or March 15 sell strategy in their meeting today. The November 18 Finley Farmers winter wheat bid was $5.42/bushel.
The members of the AdFarm ND 2008 Marketing committee and their home offices are: Dan Danford (Kansas City), Andy Reierson (Duluth), Alissa Pesta (Fargo),
Josh Lysne (Fargo), and Erin Jarolimek, (Fargo). Lukens also participates on the committee.
Members are confident that the 2008 AdFarm ND crop will earn a profit and believe that the wheat market will improve in the next four months following commodities sell-off following the October financial market distress.
| | August 25, 2008
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Winter Wheat harvest better than expected | | August 13, 2008
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Rain delay | | July 29, 2008
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Farm Tour enlightens 24 employees from three AdFarm offices | | July 17, 2008
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Hail adjusters finish work | | July 11, 2008
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Hail and rain | | June 30, 2008
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Fungicide applied to AdFarm winter wheat | | May 08, 2008
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AdFarm North Dakota farm attracts 30 percent more shareholders | | April 03, 2008
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AdFarm North Dakota shareholders earn double their investment | | March 18, 2008
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AdFarm Barley earns profit | | August 31, 2007
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AdFarm marketing committee develops plan | | August 01, 2007
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AdFarm Barley Falls Short | | July 24, 2007
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AdFarm Barley Swathed | | June 20, 2007
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2007 AdFarm ND Barley crop heading. Fungicide applied. | | January 16, 2007
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Twenty percent return targeted for 2006 AdFarm North Dakota soybeans | | October 31, 2006
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AdFarm ND Soybeans Make Seed Grade - But Seeds Too large | | October 04, 2006
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AdFarm Soybeans Combined | | August 14, 2006
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The Rain Came | | August 07, 2006
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Aphids Like AdFarm Soybeans | | July 17, 2006
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Fifteen shareholders visit AdFarm crop on Lukens’ farm near Aneta, N.D. | | June 06, 2006
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Burn down and rock rolling completed | | May 25, 2006
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Soybeans seeded. Rain follows. | | May 02, 2006
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Shareholders Commit to AdFarm, ND Soybean Crop | | April 24, 2006
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2006 Stockholder Signup for AdFarm Soybean Crop Underway | | April 19, 2006
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AdFarm 2005 Winter Wheat Shows Loss | | November 10, 2005
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2005 AdFarm Winter Wheat Sold | | August 12, 2005
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AdFarm Winter Wheat Falls Short | | July 22, 2005
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AdFarmers to the Farm. Harvest imminent. | | June 22, 2005
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AdFarm winter wheat gets Folicur treatment | | May 27, 2005
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Off to the Races | | May 10, 2005
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What does 22 degrees F in early May do to North Dakota Winter Wheat? | | May 02, 2005
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Record number of AdFarm ND Stockholders | | April 24, 2005
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2006 Stockholder Signup for AdFarm Soybean Crop Underway | | April 08, 2005
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Shareholders paid. Signup for next year begins. | | March 07, 2005
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Close the books. AdFarm ND canola crops shows a profit | | September 13, 2004
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Big Canola Crop In the Bin | | August 16, 2004
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AdFarm Canola Swathed | | July 23, 2004
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AdFarm Shareholders Visit the Farm | | July 05, 2004
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Canola in bloom | | June 19, 2004
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Weeds killed and fertilizer applied | | May 28, 2004
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Coldest May on record | | May 13, 2004
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Hail, Frost, and Rain | | April 28, 2004
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AdFarm Canola Planted | | January 06, 2004
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AdFarm North Dakota Wraps Up Barley Crop | | August 10, 2003
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Combines Roll On AdFarm Barley | | August 05, 2003
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Thunderstorm Slows Harvest | | July 29, 2003
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AdFarm Barley Swathed | | July 21, 2003
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Barley Nears Harvest | | July 10, 2003
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More Rain. Barley Goes Down | | July 07, 2003
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July 4th on the Farm | | June 26, 2003
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AdFarm Barley Has Big Potential | | May 28, 2003
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Barley Gets First Chemical Application | | May 05, 2003
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Barley Up and Enjoying Rain | | April 17, 2003
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ND AdFarm Barley Crop Seeded April 15 | | March 31, 2003
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AdFarm ND Corn Crop Shows a Loss | | November 12, 2002
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Corn in the Bin | | October 21, 2002
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The Joys of Farming... | | October 02, 2002
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Growing season ends with killing frost | | August 29, 2002
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Heat units and a timely frost | | August 02, 2002
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Corn crop in good shape | | July 10, 2002
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Thigh high by Fourth of July | | July 09, 2002
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An Unexpected Opportunity | | June 26, 2002
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Marketing Team Makes its Move | | June 20, 2002
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Stand Count Improving on Corn Ground | | June 02, 2002
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Corn is Up, Weeds Held at Bay | | May 15, 2002
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AdFarm Plants Corn Ground | | May 10, 2002
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Corn Marketing Team Selected | | May 06, 2002
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Rain and Snow Cast Doubt on Planting Date | | March 28, 2002
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AdFarm Steps into Year Two on the Farm | | February 06, 2002
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AdFarm Manages a Profit on Soybean Land | | November 21, 2001
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Soybean LDP Payment Delayed | | October 12, 2001
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AdFarm Soybeans Harvest Complete | | October 04, 2001
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Harvest Has Begun... | | September 25, 2001
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Light Frost.... But More Room To Grow | | September 17, 2001
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Soybean Marketing Team Takes Action | | August 31, 2001
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Soybean Crop Looking Good | | August 10, 2001
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Caterpillars Abound | | August 03, 2001
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Pigweed and Kochia Scattered – Crop Canopy Strong | | July 23, 2001
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White Mold Infestation in Soybeans | | July 16, 2001
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Traill Soybeans Blossoming | | July 11, 2001
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Steady Rally Spurs Marketing Team to Action | | July 05, 2001
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Thistles Down, Crop Up, and Budget in Balance | | July 02, 2001
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Time for the Soybeans to Catch Up | | June 23, 2001
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Agronomist Says “Time to Spray” | | June 18, 2001
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Canada Thistle Makes a Guest Appearance | | June 13, 2001
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Traill Soybean Marketing Team Takes Action | | June 04, 2001
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Light Rain Leads to Excellent Germination | | May 31, 2001
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Traill Soybean Marketing Team Sets Strategy | | May 31, 2001
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The Seed is in The Soil | | May 30, 2001
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THIS is farming... |
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Alberta

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North Dakota

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