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Agriculture

Unverferth Unveils 2520 Grain Cart with 2,500-Bushel Capacity

2024-11-21

Unverferth Manufacturing has made a significant mark in the agricultural equipment industry with the debut of its new model 2520 grain cart. This cart comes with a remarkable 2,500-bushel capacity, expanding its lineup of dual-auger models and setting a new standard in the market.

Revolutionize Your Grain Harvesting with Unverferth's 2520 Grain Cart

Impressive Unloading Capacity

The pivoting 24-inch-diameter vertical auger coupled with a 20-inch-horizontal auger and directional downspout allows for an astonishing unloading rate of up to 1,000 bushels per minute. This is especially beneficial when dealing with high-moisture corn, ensuring efficient and timely grain handling. The rear access hatch with a ladder provides easy access for grain tank cleanout, saving time and effort.Moreover, the tongue-cushioned suspension ensures a smooth ride, reducing vibrations and potential damage to the equipment. The extra-large viewing windows offer excellent visibility, allowing operators to monitor the grain handling process with ease. The roll-over tarp adds an extra layer of protection for the grain.

High-Flotation Undercarriage for Large Loads

The Equalizer track design is a game-changer for handling large loads. With a 50-inch-wide by 148-inch long track and front/rear and patented side-to-side oscillation of each track, it provides a consistent footprint across the field. This ensures stability and even weight distribution, even in challenging terrains.The Equalizer SP track design takes it a step further with a 50-inch-wide x 172-inch-long track belt. Its design offers added flexibility through a center-mounted trunnion and individual idler wheels that pivot up/down and left/right. This maximizes ground contact and provides a smooth ride, reducing wear and tear on the equipment. Additionally, both tracks are equipped with an auto greaser that applies lubrication to pivoting points at regular intervals, ensuring optimal performance and longevity.

UHarvest Pro Weighing System for Data Collection

Options include the UHarvest Pro weighing system, which allows for seamless data collection using an ISOBUS connection to the tractor's virtual terminal. It automatically tracks each load, including grower, farm, field, and crop information, as well as truck, destination, and crop variety. This comprehensive data reporting via the included Slingshot cloud storage account provides valuable insights for farmers and helps in optimizing harvest operations.The UHarvest Pro package can also be equipped with a moisture sensor to show dry bushels, and the Accu-Load kit for automatically unloading pre-determined weights. This level of automation and data integration enhances productivity and accuracy in grain handling.

Additional Versatile Options

There are a plethora of additional options available to enhance the functionality of the 2520 grain cart. A 5-function pistol-grip electric-over-hydraulic control allows for easy raising, pivoting, and folding of the unloading auger and 4-way downspout. Cameras can be installed to view the unloading process and/or traffic, providing an added layer of safety. A 275-gallon water delivery system is useful for various applications on the farm. Electric roll tarp operation adds convenience, and the rear hitch with 20,000-lb. towing capacity allows for hauling headers and platforms.For the combine operator, a side-mounted display with large numbers is available for easy viewing of scale information.The 2520 is now available for order for the 2025 harvest. With a list price of $307,000 for the 50 inch wide x 148 inch Equalizer tracks, it offers excellent value for its features. For more information, visit umequip.com or your nearest Unverferth grain cart dealer.

At the close on Friday, March corn witnessed a decline of a penny, settling at $4.35¼ a bushel. Interestingly, when compared week-over-week, the contract remained unchanged. This shows a certain stability in the corn market despite the daily fluctuations.

Unraveling the Dynamics of Commodity Markets

March Corn: A Tale of Stability and Fluctuation

The movement of March corn on Friday was a mixed bag. While it closed lower by a penny, its weekly performance remained steady. This indicates that the market forces at play are complex and not easily predictable. The $4.35¼ price per bushel is a significant benchmark in the corn market, and any changes in this value can have a ripple effect on various stakeholders. For example, farmers rely on stable corn prices to plan their harvest and sales, while consumers are affected by any price hikes. The fact that the contract was unchanged week-over-week suggests that there might be a balance between supply and demand in the short term.

Looking at the morning session, March corn saw an increase of 2¢. This upward trend is a positive sign for the corn market, indicating that there might be some underlying factors driving the demand. It could be due to factors such as increased agricultural activities or changes in global trade patterns. However, it is important to note that market movements are often influenced by multiple factors, and a single-day increase does not necessarily indicate a long-term trend. Traders and analysts will closely monitor these movements to gain a better understanding of the market dynamics.

January Soybeans: A Story of Contrasting Trends

January soybeans ended the day with a gain of 5¾¢, reaching $9.83½ a bushel. However, for the week, the contract was down 15¢. This shows the volatility and unpredictability of the soybean market. The consecutive week of lower closing prices indicates that there might be some challenges in the soybean market, such as changes in supply or demand dynamics.

This morning, January soybeans saw a further increase of 1¼¢. The new soybean export sales announced by USDA this morning, with unknown destinations purchasing 198,000 metric tons for the 2024/2025 marketing year, could potentially have a positive impact on the soybean market. Such export sales can boost demand and support prices. However, it is important to consider the global economic and political factors that can influence soybean prices. For instance, trade tensions between major soybean-exporting and -importing countries can have a significant impact on market prices.

March Wheat: A Mosaic of Price Movements

March wheat contracts had a mixed day, with CBOT wheat down 4¾¢ at $5.64¾ per bushel, KC wheat down 1¾¢ at the close at $5.65½ per bushel, and Minneapolis wheat down less than a penny at $6.01½ per bushel. However, for the week, the contracts were higher. This shows the complexity of the wheat market, with different exchanges and regions showing different trends.

The daily price movements in wheat can be attributed to various factors such as weather conditions, global supply and demand, and government policies. For instance, adverse weather conditions in major wheat-producing regions can lead to supply shortages and drive up prices. On the other hand, government policies related to agriculture and trade can also have a significant impact on wheat prices. Traders need to carefully analyze these factors to make informed decisions.

Live Cattle and Lean Hogs: A Tale of Contrasting Gains and Losses

February live cattle closed up 78¢ at $188.20 per hundredweight (cwt), while January feeder cattle were up 85¢ at $254.30 per cwt. However, February lean hogs were up $1.03 at $85.68 per cwt. This shows the diversity within the livestock market, with different segments showing different trends.

The movements in live cattle and lean hogs are influenced by factors such as consumer demand, feed costs, and disease outbreaks. For example, an increase in consumer demand for beef can lead to higher prices for live cattle. Similarly, changes in feed costs can affect the profitability of livestock farming. Traders need to stay updated on these factors to anticipate market movements and make profitable trades.

Crude Oil and Stock Futures: A Sign of Market Sentiment

January crude oil is currently up $1.16, indicating a positive sentiment in the crude oil market. December S&P 500 futures and Dow futures are also up, with December S&P 500 futures up 5 points and December Dow futures up 198 points. These market movements reflect the overall market sentiment and investor confidence.

Crude oil prices are influenced by factors such as global oil supply and demand, geopolitical tensions, and economic growth. Stock futures, on the other hand, are influenced by factors such as corporate earnings, economic data, and market expectations. Traders and investors closely monitor these markets to gain insights into the overall economic and market conditions.

The U.S. Dollar Index December contract is up to 107.55, and grain traders are anxiously watching this as futures are flirting with multi-year highs. A higher dollar can have a negative impact on grain exports as it makes U.S. grains more expensive for foreign buyers. This could potentially slow down grain exports and affect the profitability of grain farmers.

In the world of commodities, various markets are constantly in flux. Today, we bring you the latest updates on grain, soybean, and red meat markets. These sectors play a crucial role in global agriculture and trade, and staying informed is essential for investors and industry professionals alike.

Stay Ahead in the Commodity Markets

Grain and Soybean Futures: A Balancing Act

Grain and soybean futures witnessed little change overnight. Investors are carefully weighing the favorable South American weather against the signs of demand for U.S. agricultural products. The Commodity Weather Group noted that rain in the short term and again after the break next week is keeping most of northern Brazil stable. Weather models suggest precipitation in parts of southern Brazil and Paraguay, which could offer relief from dry conditions. However, disappointing showers will stress soybeans in a quarter of southern Brazil and two-thirds of Paraguay.Prices are being supported by strong demand for U.S. grains and beans. Corn sales to overseas buyers rose 14% week over week to 1.49 million metric tons, with Mexico, Japan, and Colombia among the biggest buyers. Soybean sales were up 20% to 1.86 million metric tons, as China, Mexico, and the Netherlands all made large purchases. Wheat sales last week totaled 549,600 metric tons, up 45% from the previous week, with South Korea, Indonesia, and Japan among the buyers. Exporters also reported sales of 198,000 metric tons of soybeans to China, 135,000 tons of soybeans to an unnamed country, and 133,000 tons of soybean meal to the Philippines for the 2024/2025 marketing year that started on Sept. 1.On the Chicago Board of Trade, December corn futures were up 1½¢ to $4.37¾ a bushel overnight. January soybean futures fell 1¾¢ to $9.76 a bushel. Soymeal was down 10¢ to $289.30 a short ton, and soy oil lost 0.37¢ to 41.91¢ a pound. On the Kansas City Board, December wheat futures declined 1½¢ to $5.68 a bushel, while futures were unchanged at $5.67¼ a bushel.

Red Meat Output: A Year-on-Year Increase

Red meat production in the U.S. saw a significant year-on-year increase in October. Led by gains in beef and pork output, commercial red meat output rose 5% to 5.02 billion pounds. Beef production increased to 2.47 billion pounds, up 5% year over year, with cattle slaughter gaining 1% to 2.86 million head and average weight up 44 pounds to 1,418 pounds. Pork output rose 5% to 2.54 billion pounds as hog slaughter was up 4% from October 2023 to 11.9 million head, and average live weight was up 2 pounds to 287 pounds.However, veal production dropped 21% to 3.3 million pounds, and lamb and mutton output rose 4% to 11.7 million pounds. In the first 10 months of 2024, commercial red meat production rose 1% from the same timeframe a year earlier to 45.8 billion pounds, with beef output up narrowly and pork production up 2% year over year.

Snow Forecast: Winter's Arrival in the North

Snow is expected in parts of eastern North Dakota and northern Minnesota this afternoon, with only a “dusting” forecast along the Canadian border. More snow is expected late tomorrow and will last through Monday, with the best chance for an inch or more along the northern U.S. border. Winter weather advisories have been issued for much of northern Montana as sleet and freezing rain are forecast to start this afternoon. Two to 4 inches of snow is expected with some areas receiving more, and a light glaze of ice is forecast due to the freezing rain. The NWS warns that a wintry mix of freezing rain/sleet and snow will make travel difficult at times through tonight, and by Saturday, the wintry mix becomes primarily sleet and snow.