12/14/21 December 15th is the last day to report wheat for crop insurance.
11/04/21 Your Board of Directors has set the following patronage allocations for the fiscal year ended 8/31/21:
QualifiedNon-QualifiedTotal Grain 13.6 cents/bu 5.44 cents/bu 19.04 cents/bu Grain Storage & Drying 10% of $ paid 0% 10% of $ paid Merchandise and Services 10% of cost 0% 10% of cost
Checks mailed in December represent 40% of the QUALIFIED patronage dividend. You will pay taxes on the entire Qualified dividend this year. The remaining part of the Qualified dividend will be retained and paid out with all taxes paid in the future. The Non-Qualified portion will all be retained and paid out in the future. You will pay taxes on this portion in the year they are revolved. Currently Ray-Carroll has revolved equity to 2011 and plan to stay within a ten year window.
1/18/22 Corn up 3, Beans down 8, Wheat up 28 Crude Oil- 85.30 up 1.48 US Dollar- 95.71 up .45 Dow Jones- 35425.94 down 485.87
Today was a very mixed trading day with beans only being down, wheat only being up and corn trading both sides throughout the day. Beans traded lower on big rains in Argentina over the weekend but did improve from highs on continued dry weather in parts of Brazil that need rain. Corn also moved lower due to rain in Argentina but was pulled higher by wheat having a strong day for prices. Wheat had a very strong day due to short covering. Zach
