5/18/12

Corn up 11, n/c up 9, beans down 33, n/c down 19 and July wheat was up 37 cents.

Crude Oil- 91.33 down 1.23

US Dollar- 81.235 down .305

Dow-12,369.38 down 73.11 points

Starting March 28^th Carrollton will be offering free DP on corn.  Starting March 15^th Brunswick has suspended free DP on corn until further notice.

FGT will offer free DP on corn/beans starting March 19^th through August 31^st. 

Hardin will have free DP after March 4^th through August 31^st.  When grain is sold you will receive the off farm price.

Ray-Carroll is now offering free DP for soybeans delivered into Hardin/Brunswick, starting February 10^th and ending August 31^st. When grain is sold you will receive the off farm price.

Impressive week for the cereal grains, but beans straggled behind on Crude oil losing $15.04/barrel since the begging of the month.  Corn since last Friday has gained 63 cents, beans only 3 cents and wheat a whopping 1.03/bu.  Support today for wheat was coming from parts of Europe receiving frost, Russia and HRW areas feeling the dryness and from funds buying 10,000 contracts of corn/wheat.  Opening calls for Sunday evening have the grains steady to higher.    

Josh Waters