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 

7/30/14

Corn steady, Beans down 14, Wheat up 7

Crude Oil- 100.27 down .70      

US Dollar- 81.42 up .21

Dow- 16,880 down 31 

Beans got smacked today, closing the session down 14 pennies and coming to a skid there on news of rains making their way through Kansas and southern Missouri if we could get some of that here everyone would be happy as could be but from what I have heard is that the cool air coming at us from Canada is pushing the rain cells away from us. The cool air is welcomed but the rain would be nice also that story is two sided either way it could always be worse so I guess at this point lets count our blessings. The Chinese didn’t do much today, there wasn’t any news on them making any purchases.

Corn saw both sides of the board today but managed to close steady with basis improving. There is some pressure there with talk of rain making its way through the area. We saw a week of hot and dry and now we’re onto a week of cool and dry before we see any precipitation again because the cooler weather is pushing those fronts away from us. The corn is mostly through pollination however these cooler temps have set things back a bit, I was reading today that it may even push harvest back a little bit, time will tell.

Wheat had a positive day closing the session up 7 pennies. It sounds like exports are working up a bit but I don’t know that it’s anything to get too worried about. The HRW harvest in Nebraska is in clean up mode but is in full swing in South Dakota. Michigan and Northern Ohio are cleaning up the SRW. The wheat around here continues to trickle in I think there are a number of guys who still have wheat on the farm we are anticipating that August 8th will be our last day to take wheat at our elevators around here that is subject to change, St. Louis will be taking wheat longer than that but I wanted to let you all know about that while you still have some time to haul wheat in. After August 8th we will be working as hard as we can to get wheat out before the corn comes in.

Have a good one.

Ali




 

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