Grains traded slightly higher Tuesday night with December corn futures testing just under the $4.00 level while November soybean futures are trading 6 cents higher early Wednesday morning at $8.94. The USDA production and stocks report will be released this Friday at 11 AM. Traders are expecting a reduction in both harvested acres and stocks in the report. Likely the reason for the recent rally. Despite the lower estimates we still expect next years carryover stocks to be more than adequate at 1.5 billion on corn and 410 million on soybeans.
Weekend Harvest Hours will be posted at each elevator and will depend on weather conditions and grain receipts.
Grain Offer Program
We are pleased to announce we have implemented a new grain offer marketing system on bushels you have in storage at Dysart, Vinton and Clutier. It's very easy to use as we do all the work for you. Just call us and we enter the sell order into our DTN system. When the price you select hits we call you the next morning and you elect how you would like payment. Orders must be in increments of 1000 bushel lots. Contact Charles or Amy in the Dysart office at 319-476-3666 for details.
WE NOW CLOSE OUR ELEVATOR BIDS AT 1:10 ON FRIDAYS
AND DON'T RE-ENTER THE MARKET UNTIL 8:30 ON MONDAYS.
CLOSING BIDS FOR WEDNESDAY OCTOBER 7, 2015
PROCESSOR HOURS FOR THURSDAY OCTOBER 8, 2015
STARCH CLOSED 7-3 ALLOCATION ONLY
CARGILL BEANS 5-1, FRI 5-10AM, SAT CLOSED
THESE HOURS ARE POSTED FOR YOUR CONVENIENCE.SUBJECT TO CHANGE WITHOUT NOTICE.
BE PREPARED FOR EARLY CLOSING WITHOUT NOTICE DUE TO WEATHER, FLOODING, OR DOWNTIME.
To Better Track Your Loads, Please Remember To Call In Your Direct Ship Delivery Info To Dysart. Thanks
Quotes retrieved on October 09, 2015, 05:27:46 AM CDT