Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 19 373'6 374'4 366'2 366'2 -0'6 366'2s 01:30P Chart for @C9Z Options for @C9Z
Mar 20 381'4 385'4 377'4 381'0 3'2 381'0s 03:51P Chart for @C0H Options for @C0H
May 20 388'0 391'4 384'2 388'0 3'6 388'0s 02:30P Chart for @C0K Options for @C0K
Jul 20 393'4 396'6 390'0 393'2 3'6 393'6s 03:32P Chart for @C0N Options for @C0N
Sep 20 392'4 394'4 390'0 393'0 2'6 393'0s 01:30P Chart for @C0U Options for @C0U
Dec 20 396'0 396'6 393'0 395'4 2'0 395'2s 03:36P Chart for @C0Z Options for @C0Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jan 20 906'0 917'0 901'4 906'6 9'2 907'4s 03:43P Chart for @S0F Options for @S0F
Mar 20 920'0 931'4 916'0 921'0 9'0 921'4s 03:53P Chart for @S0H Options for @S0H
May 20 933'6 944'2 929'6 935'2 9'2 935'2s 02:47P Chart for @S0K Options for @S0K
Jul 20 945'0 956'0 942'0 947'4 8'6 947'4s 03:42P Chart for @S0N Options for @S0N
Aug 20 949'4 958'4 946'6 951'4 8'4 951'6s 01:30P Chart for @S0Q Options for @S0Q
Sep 20 946'2 956'2 944'4 948'6 8'2 948'6s 01:20P Chart for @S0U Options for @S0U
Nov 20 948'0 957'6 946'2 950'6 7'6 951'0s 02:30P Chart for @S0X Options for @S0X
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 19 539'0 0'0 539'2s 01:20P Chart for @W9Z Options for @W9Z
Mar 20 533'0 536'2 525'6 533'0 2'2 532'4s 02:43P Chart for @W0H Options for @W0H
May 20 536'0 538'4 528'6 535'0 1'6 534'6s 01:30P Chart for @W0K Options for @W0K
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Dec 19 120.725 122.625 120.475 122.500 1.950 122.375s 02:30P Chart for @LE9Z Options for @LE9Z
Feb 20 125.450 127.900 125.275 127.825 2.450 127.550s 02:33P Chart for @LE0G Options for @LE0G
Apr 20 126.500 128.450 126.350 128.425 2.000 128.200s 02:30P Chart for @LE0J Options for @LE0J
SP - S&P 500 INDEX - CME
Month Open High Low Last Change Close Time More
Dec 19 3166.00 3182.00 3159.00 3169.00 4.10 3172.00s 03:16P Chart for SP9Z Options for SP9Z
Mar 20 3169.50 3186.00 3161.00 3173.50 4.20 3175.20s 03:16P Chart for SP0H Options for SP0H
@NQ - E-MINI NASDAQ 100 - CME
Month Open High Low Last Change Close Time More
Dec 19 8485.00 8523.75 8435.50 8495.25 28.75 8494.00s 04:00P Chart for @NQ9Z Options for @NQ9Z
Mar 20 8508.00 8549.00 8461.75 8521.25 29.50 8521.00s 04:00P Chart for @NQ0H Options for @NQ0H
@YM - E-MINI DOW JONES $5 - CBOT
Month Open High Low Last Change Close Time More
Dec 19 28181.00 28303.00 28036.00 28173.00 37.00 28168.00s 04:00P Chart for @YM9Z Options for @YM9Z
Mar 20 28171.00 28307.00 28041.00 28171.00 35.00 28165.00s 04:00P Chart for @YM0H Options for @YM0H
My Custom Markets
Symbol Open High Low Last Change Close Time More


Announcements

12/3/19
Annual Meeting Schedule: 
Monday 12/16: Slater volkfest building- lunch to be served from 11-1 A review of Finances at 11:30

12/3/19
2018/2019 Patronage amounts released. (Click Here)

Patronage 2019 2018 2017 2016 2015 2014
Grain (¢/bu) 15.39 15.37 18.12 16.5 29.0 15.4
Drying/Storage 5.0% 5.0% 6.0% 15.6% 30% 28%
Inputs/Services 5.0% 5.0% 5.0% 7.8% 10% 5%
 


 


Local Radar
Richmond, MO
Chg Zip Code: 
 
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Daily Market Commentary
 
12/13/2019


Corn up 3, beans up 9, wheat up 2

Crude Oil- 59.81 up .63
 
US Dollar- 97.22 down .17
 
DOW- 28,135 up 3
                      
 
The markets are cautiously optimistic of the phase 1 trade deal. Something to consider, if there was a deal signed, and ink dried don’t you think we’d see the markets stronger than this? I do. I read this morning that the deal was done, phase 1 was wrapped up and done with, then this afternoon I hear, that no in fact the phase 1 deal isn’t to be signed until January which leaves plenty of time for either party to squash the deal. If the rioters in Hong Kong persist in their effort for democracy President Xi has made it known that the consequences of such behavior would be “crushed bodies and shattered bones” to which President Trump has been very clear in disagreeing with, he signed 2 bills opposing this type of reprimand from Xi, most thought that with Trump signing those bills it would put the squash on talks. Regardless… if the rioters and enforcement there would persist  we could see things fall apart. The Chinses have made promises before only to be caught reneging on their agreement which we can all assume president Trump will absolutely not stand for. So, like I said the market is cautiously optimistic of this phase one deal and will likely respond a bit better once the deal is actually signed. There’s more political crap going on in the last two weeks than I care to spend time visiting about, BUT we do have a USMCA deal that’s been agreed upon, some of you might have been blessed enough to see ole Nancy make the announcement, (lucky you) honestly though, she needed some good press poor thing, she’s got Adam Schiff out there making a real mess out of her pigpen. OK, OK all jokes aside, Nadler helped.  But seriously, what’s this USMCA deal mean for us? Well for starters this will allow for business to be done across borders, USMCA is expected to increase Agriculture exports by $2 billion dollars. The deal is intended to open markets for Dairy farmers as well as poultry producers. Wheat will be traded with Canada as well. Once the implementation legislation is sent to the hill, congress has 60 legislative days to approve it. SO, the deal is in the hands of Congress?! Scary. There are a few things in the works right now that could really make a difference for producers. I suppose if you wanted to write your congressman a love letter you sure could, let em know you’d like to see these things move forward.
 
I enjoy writing these comments each evening; I hope you all enjoy them as much as I enjoy putting my spin on things.
 
Have a good weekend!
 
Ali
 
 
 
 
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