THE LAND — AUGUST 6/AUGUST 13, 2021
MILKER’S MESSAGE www.thelandonline.com — “Where Farm and Family Meet”
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Rumors ruled the dairy market as we close out July This column was written for the marketing week ending July 30. Dairy farm bottom lines are getting a lot of attention these days by farmers and bankers. The National Milk Producers Federation says, “Positive News and information for Minnesota and Northern Iowa dairy producers aspects of the current dairy situation include a 4.7 percent annual increase McDonalds for total commercial use of milk in all The cheddar blocks climbed to for the month, down from 126 in June. MIELKE MARKET reported U.S. products, domestic and export, during $1.6350 per pound on July 27 and WEEKLY Packaging issues on the block side is sales were up 26 stayed there — up a nickel on the March to May, when measured on a creating an additional supply of barBy Lee Mielke percent from a milk equivalent of total solids basis. week, but 61.75 cents below a year ago rels, according to StoneX. year ago, he Of total use, domestic use was 1.9 perwhen they plunged 28.75 cents. Meanwhile, Dairy Market News said, and global sales were up 41 percent higher, while exports grew over The barrels hit $1.4175 on July 26, reports Midwestern cheese producers’ cent, although that’s measured against 19 percent.” but rolled downhill from there to close sales remain generally healthy. Italian NMPF admits while many year-over- weak comparables a year ago. He said, the week at $1.39. This is 1.25 cents style cheesemakers say sales remain “People are getting out, getting togethyear comparisons are currently less lower on the week, 84.5 cents below a robust. Some cheddar makers reported er, and going thru drive-thrus.” informative than usual given last year ago, and 24.5 cents below the generally steady and healthy sales, Considering overall cheese consumpyear’s pandemic, “growth in total comblocks. There were three sales of block but some customers have grown a littion, the sales are quite strong, he mercial use exceeded growth in both on the week and 22 for the month of tle more hesitant as prices soften. said. Comparable sales are also occurmilk and milk solids production durJuly, down from 82 in June. Barrel ring in other chains, according to See MIELKE, pg. 18 ing the March to May period. That sales totaled 16 for the week and 111 growth, plus the heat and drought sit- Gould, such as Burger King, Wendy’s, Chipotle, Papa Johns, Little Caesars, uation in the western states, should start to improve milk prices and mar- and others are “performing on all cylinders right now,” he concluded. gins; although the current situation The July 26 Daily Dairy Report adds, continues to reflect higher production “Nestlé, which makes DiGiorno, JACKSON COUNTY - BELMONT TOWNSHIP earlier in the year.” Tombstone, Jack’s, and California Thank God for pizza. Pizza uses a treRONALD R. WERNER TESTAMENTARY TRUST mendous amount of cheese and remem- Pizza Kitchen pizzas, saw high singleber it takes about 10 pounds of milk to digit growth in its frozen category last LEGAL DESCRIPTION produce one pound of cheese. One of the year, with DiGiorno called out as a key category.” Staffing is one of the big biggest names in the pizza business Parcel 1: APPROX. 80.0 +/- ACRES - S½ SW¼ OF SECTION 13, TOWNSHIP 103, RANGE 35, issues they face, according to the Daily today is Domino’s; but Domino’s has JACKSON COUNTY, MINNESOTA. Exact legal to govern. Dairy Report. Parcel ID#: 02.013.0600 seen growth nearly six times faster in n international markets than in the Parcel 2: APPROX. 164.0 +/- ACRES – N ½ NW ¼ & W ½ NE ¼, SECTION 30, TOWNSHIP 103, United States, according to the July 23 RANGE 35, JACKSON COUNTY, MINNESOTA. Exact legal to govern. Back on the farm, “Heat advisories lit Parcel ID#: 02.030.0400 Dairy and Food Market Analyst. up weather maps again this week,” *Parcel 2 will be split into one 80-acre parcel and one 84-acre parcel and sold separately. “The company reported that it opened according to StoneX Dairy’s July 29 TERMS 203 restaurants in foreign markets, but “Early Morning Update.” “But this time Each parcel shall be sold separately upon the same terms described below: the largest swath of heat was over the only 35 in the United States in second quarter 2021. Growth was concentrated Great Plaines and Midwest. 1. The live auction shall take place at the Jackson National Guard Armory, 108 County Highway 51, Jackson, MN 56143, on Thursday, August 12, 2021, at 10:00 a.m. Washington State was, however, put in China, Japan, the United Kingdom, back on an excessive heat warning once Germany, Mexico and Turkey,” accord2. The successful Bidder will be required to submit an earnest money check in the amount of $25,000. again as temperatures surge in that ing to the Analyst, “with impressive The check shall be made payable to Premier Title Services Trust Account. sales growth as well. The company said area of the country. All of this hasn’t 3. The successful Bidder will be required to execute a purchase agreement on completion of the bidding. meant much to the price of milk or its total second quarter sales rose 17 The entire remaining balance of the purchase price, without interest, will be due and payable on or percent year-over-year, driven by much- corn for that matter,” says StoneX. “The about November 30, 2021, or other such time as the parties agree, at which time title will be conveyed by a Trustee’s Deed. prevailing belief is that heat will knock higher sales in international markets us down to where we ought to be as with same-store sales up 14 percent. 4. Real estate taxes and assessments due and payable in 2021 will be paid by Seller. The successful Purchaser opposed to causing any great shortage. Same-store sales in the United States will assume responsibility for all taxes and assessments due and payable in 2022 and thereafter. In slow demand markets, supply takes grew just 3.5 percent, lapping a diffi5. This property is being sold in an “AS IS”condition and the Seller makes no representations as to its center stage. When demand improves, cult-to-beat increase of 16 percent in acreage, tiling, or condition. The potential Purchaser shall inspect and be familiar with the it’s almost all about demand.” present condition of the subject property, including but not limited to soil suitability, slope, grade or second quarter 2020.” grades of land, irrigation, flood plain, weed and pest spectrum, habitat areas and the general flow and The cash dairy markets didn’t have Speaking in the Aug. 2 “Dairy Radio direction of irrigation waters and drainage. a lot to feed on the last week of July. Now,” Analyst editor Matt Gould There were no major U.S. Department pointed out that it’s not just pizza Information concerning this land or viewing this land may be obtained from of Agriculture reports that the trade driving cheese sales, but credited Stacey R. Edwards Jones, of Premier Title Services, LLC, actively monitors, so weather, emotion quick service restaurant sales in genand rumor ruled. eral, which have soared, as we came 212 Madison Avenue, Mankato, MN 56001 by calling 507-385-1031. out of the pandemic.
NOTICE OF FARMLAND AUCTION
