Grain Marketing Meetings Scheduled
Clutier - Legion Bldg, Wednesday, February 17th, 9:30-11:00 AM
Dysart- Norma Anders Library, Thurs, February 18th, 9:30-11:00 AM
Vinton - US Bank Community Bldg, Thurs, February 18th, 1:30-3:00
CORN PRICE LATER PROGRAM AVAILABLE
We have room for 200,000 of corn at Vinton, 50,000 at Dysart and 50,000 at Clutier. Delivery can start on February 15th. No storage or service fees will apply. Grain can only be priced during CBOT market trading hours and must be final priced by no later than noon, August 19th. Corn must grade #2 or better and 15.0 moisture or less.
Please note: If you have grain that does not qualify for the Price Later Program due to high moisture or quality factors we have eliminated the 14 cent minimum for 90 day storage fee on grain delivered after January 1st. If grain is sold within the 15 days of delivery grain there will be no storage charges applied. If the grain is sold after 16 days then normal shrink to 14.0 will apply and storage rates would begin on the day of delivery at a pro-rated 3 cent per month charge,.001. All grain stored past August 31st will be charged an increased rate of .0015 cents per bushel per month.
The Price Later Program and change in storage rates listed above are designed to help our members move their farm stored grain when it's more convenient for them. Removing the 14 cent stg fee/90 days on grain delivered after January 1st should help if corn prices are below your selling price but you'd like to pull off the peaks and centers of your farm bins to maintain quality. Please note, the 14 cent/90 days storage will still apply on bushels delivered between September 1st & December 31st.
Please call Charles at 476-3666 if you have any questions
Grain Comments (Charles)
March soybean futures closed up 11 cents at $8.73 on Thursday while March corn futures closed slightly weaker at $3.60. Outside markets really struggled throughout the day causing money to flow into the commodity sector helping to rally soybeans. The US dollar was also weaker which also helped. Monday is Presidents day so Markets will be closed. If you have an offer on Monday we can place it in the Monday night session. Call Amy in the Dysart office at 476-3666.