Due to poor road conditions we will be close at the Vinton & Clutier Locations Monday Jan 16th. The main office in Dysart will be open if you need anything.
NO GRAIN MARKETS ON MONDAY JAN 16TH IN OBSERVATION OF MARTIN LUTHER KING DAY
DAILY GRAIN COMMENTS
Soybean futures after trading lower Thursday night rallied through the day on Friday posting a high of $10.52 before closing at $10.46. If you remember we recently had a target of $10.43 as the 62% chart retracement level. Basis levels retreated 5 cents in Cedar Rapids as a flood of farmer selling entered the market. The next target is the March soybean contract high of $10.74 set back on November 28th. The USDA report on Thursday was friendly soybeans and with an additional export sale Friday of 132,000 mmts to an unknown destination helped to fuel a little more into the rally. There still may be some issues with the Argentina soybean crop as too much wet weather continues to slow the tail end of their planting. Corn futures continued to struggle after reaching the $3.60 level, closing at $3.58 1/2 on Friday. Basis values are steady to slightly weak on corn as farmers needing cash to meet February loan obligations are moving grain into Cedar Rapids.
DTN Grain Offer System
We have implemented a grain pricing offer system on corn and soybeans which is both free and easy. You can select a target price above the market and we'll place that offer into the DTN on-line system which will work 24/7. When your offer hits we'll call you to see how you'd like to select payment. Orders must be placed in 1000 bushel increments. Please contact Charles, Katie or Rita in the Dysart office at 319-476-3666.
"WE HELP FARMERS GROW"
Agronomy Sales - Contact Jamie Pokorny, Jake Bauer, Bob Hermsen or Barney Hopper in our sales division for chemical, fertilizer prices and recommendations.
Trucks Use Front Street
CR PROCESSOR HOURS Jan 16th & 17th
ADM MON5-NOON, TUES 5-3
PENFORD MON & TUES 7:30-2:30
CARGILL STARCH MON 7-3
CARGILL BEANS MON CLOSED, TUES 7-5
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 January 16, 2017, 01:09:47 PM CST