Archive  
2014 January USDA Report
Category - Grain Commentary
01-22-2014

~~The USDA issued their final estimates for the 2013 crop on January 10th along with updated......

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DDGS Prices Make A Sharp Correction
Category - Feed
01-22-2014

~~DDGS prices make a sharp correction due to unapproved GMO varieties.

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Re-Owning Corn
Category - Grain Commentary
01-22-2014

~~Re-Owning Corn
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Strong Overseas Demand
Category - Feed
08-12-2013

Strong overseas demand keeps DDG prices steady.

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June & July 2013 USDA Report
Category - Grain Commentary
08-12-2013

The USDA has released two recent reports of importance to the grain industry. The first one being......

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Do DDG Prices Seem Cheap
Category - Feed
06-11-2013

Do current DDG price seem cheap? At the current price most of you are going to say no, but the......

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2013 May USDA Report
Category - Grain Commentary
06-11-2013

The USDA issued their May updated Supply and Demand / Production summary on May 10th this month.......

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Modified Sales are up
Category - Feed
06-11-2013

Modified feed sales are up; make sure you get your loads scheduled before the cutoff time.

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PLANTING DATE 2013
Category - Agronomy
06-11-2013

Published: April 16, 2013

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Marketing Plan with Revenue Insurance
Category - Insurance
06-11-2013

Marketing Plan with Revenue Insurance

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2013 March USDA Report
Category - Grain Commentary
06-11-2013

The March USDA report held no big surprises, as they left both corn and bean carryout stocks at......

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2013 April USDA Report
Category - Grain Commentary
06-11-2013

Since last months article we have had two major USDA reports for the commodity markets. The first......

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February 2013 USDA Report
Category - Grain Commentary
03-29-2013

The USDA issued their February supply and demand estimates on the 8th and it was pretty much......

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Owning Soybean in an Inverted Market
Category - Grain Commentary
02-14-2013

By:  Clint Boon
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January 2013 USDA Final Production Estimates
Category - Grain Commentary
02-14-2013

By:  John Graverson

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Managing Downside Risk
Category - Grain Commentary
02-14-2013
......
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 Important Notice(s)

FREE DP on Soybeans at Norborne, Corder, Slater, Hardin, and Brunswick

  • Other locations to follow soon
  • Producers will be paid off farm prices when grain is sold
  • Subject to available space
  • Program can end at any time

FREE DP on CORN

  • Delivered after June 6, 2014  at Hardin, Brunswick, Corder, and Slater ONLY.
  • NO free DP on Corn at Carrollton
  • No Delay Price or Storage charges through August 31st 2014
  • If not sold by September 1st, charges will start at the standard Ray-Carroll Rates of 3.5 cents/month, with a 7 cent minimum
  • Producer will be paid off farm price when sold
  • Subject to available space
  • Program can end at any time

 

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 Daily Comments Archive 

7/29/14

Corn down 6, Beans down 10, Wheat down 15

Crude Oil- 10.97 down .70     

US Dollar- 81.21 up .16

Dow- 16,942 down 40

Beans took some heat today, actually bouncing off the sessions lows and still closing lower by 10 pennies on talk of rains headed for the drier parts of the Midwest next week and with the cooler temps it sounds like there are people who think that the cooler weather will take the stress off enough to get us by until next week. Last night’s crop condition report showed 76% of beans are blooming against 72% on average and 38% of beans are setting pods against the average of 31%. Beans as a whole came down from 73 % good to excellent to 71% good to excellent.

Corn fell lower by 6 pennies today on talk that the rain next week will be just in time. There’s been talk that without any rains recently and the heat we’ve seen prior to this week may have taken some bushels off of corn but for the most part it sounds like corn still has the potential to have record yields. The crop report last night has corn silking at 78% versus 75% on average and the overall rating 1% lower compared to last week’s number of 76%. Funds sold 6,000 today and called that enough. There wasn’t any real concern that the corn crop was headed for the tank before the announcement that we will see good rains next week but now that we have that information there is even less concern over corn being anything short of fantastic.

Wheat took it the hardest today closing the session down 15 pennies. Last night the crop condition report showed winter wheat was 85% harvested and spring wheat is 70% good to excellent with 93% headed which is right in line with last week. The HRW harvest yields are still coming in very nice from the northern states. The export side of wheat is relatively silent there are a few small things going on here and there but nothing really to write home about. 

Ali

 




 

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