Agriculture Announcement in Canton 10/21

We just wanted to update everyone on an exciting event occurring Thursday October 21st.

Missouri Governor Jay Nixon and State Senator Wes Shoemyer will arrive in Canton, Missouri tomorrow at 12:15 to officially announce funding for a river front development area in Canton, Missouri.

The Governor and Senator along with IDA director Bill Smith and UFC projects manager Jim UpChurch have teamed together to create an opportunity to

develop this riverfront area. This is a giant step forward for the

company

of Ursa Farmers to build a river terminal in Canton, Missouri. This is

NOT

an announcement "tomorrow" that UFC is going to build as we have many hurdles to cross, but it is a large step in the right direction.

The Governor and Senator have asked Bill and myself to say a few words regarding this opportunity. The concept has been to create an opportunity

for UFC and others to build in Missouri. If we build and I say "IF"

because we have issues that need resolved, UFC was to be the foundation of development for the riverfront business area.

We are sending membership notice of this event by DTN text messaging and several email accounts we have setup. Be aware the media have been notified and membership will be asking questions.

Once more this is NOT a UFC announcement. It is a public announcement of

the state funding an opportunity to develop Canton's Riverfront area.

So this will be an exciting day for all involved.

Gerald Jenkins

Bond Issue

We felt it best to update you on something that might be made public on the late news or tomorrow’s news.

UFC is meeting with the county board tonight to seek a bond related opportunity as a result of the 2008 flood. Adams County was awarded 7 million dollars of bond opportunities for business affected by the 2008 flood.

UFC is seeking a bond to help replace the lost bin at Meyer and to update our Feed Mill at Ursa a project we planned but had to delay because of that flood.

If the County Board supports our request a lot of work remains before confirming anything. So this is just a part of the process.

Remember a bond is just a fancy name for a loan. No free money here.

We will update you on any important issues that come forth as best possible.

Harvest Update:
Meyer will fill up with Non-gmo corn today we posted a sign on the window and sent a text message to everyone. Warsaw does have some room left for Non-gmo but Truman did tell me if the soybeans start coming hard he will have to stop taking non-gmo corn until the leg and pit area that exploded is back in operation. First, the leg and pit area should be back operating early next week, hoping by Tuesday? We hoped it would be going today, but it is not. When that pit reopens we will be able to take regular corn,,,Soybeans and non-gmo corn. But remember they also only have so much space for non-gmo and that space will eventually run out also.

We had hoped everyone would be able to cut soybeans for a couple weeks then go back to corn including the non-gmo corn until at least the 15th, if we do that and cannot plan loading those bushels until at least the last half October.

Producers that have regular corn or soybeans if they could we should tell them if they can harvest those now and leave the non gmo until later we will have more space for non gmo. We have 550,000 that will be loaded probably beginning October 17th on.