It will be a steeper challenge this year to export grain from the area due to lower local yields. There are also near-record yields in the rest of the corn belt, but there are still opportunities that are present. Today the United States has the cheapest corn available to the world, and there really aren’t any other good alternatives for foreign buyers. The combined stock/use of the major exporting countries of the US, Brazil, Argentina, and Ukraine is 9.6%, near the historical average. However, after taking the U.S. out of the equation, that only leaves the world with a stock/use of only 3%, the tightest value in the past 25 years. This compares to the historical average of 9%. Not surprisingly, this is leading to one of the best starts to the corn export program in many years. There is currently a record-high amount of unshipped corn to Mexico for new crops and we continue to see excellent weekly sales as of this writing in early October. Looking ahead to this winter, we expect CFS will participate in this strong export market. Our rail facilities represent a vital link between our area and the global marketplace. By providing efficient, cost-effective access to international buyers, these facilities empower farmers to increase profitability and diversify marketing outlets.
Welcoming Emily Meixell to the CFS Grain Division
Racquel Walters, Lead Grain Advisor - Central
As many know, 2024 has been a significant year for the CFS Grain Division. One of the exciting changes is the addition of Emily Meixell. Primarily based in Truman, Emily started in August and has seamlessly integrated into our merchandising team, crediting the transition to the welcoming and helpful culture of CFS. Emily and her husband live just outside of Sherburn. They are blessed with three wonderful boys, ages 15, 12, and 10. Their boys are active in football, hockey, and baseball,
so much of their time outside work is spent on a field or rink. When they can sneak away from a sporting event, they love to travel, hike, and spend time with family.
Before joining CFS, Emily spent 18 years with Cargill, where she started in customer service and later became a Farm Relationship Manager, working with many growers in Southern Minnesota on their marketing plans. “I am excited to continue working with these accounts in the future at CFS,” said Meixell. The Grain Division and CFS are extremely pleased to have Emily on board and look forward to growing together in the years to come!
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