Grains traded lower on Tuesday with Dec corn futures closing 5 1/4 cents lower at $3.37 1/4 and November soybean futures closing 2 1/4 cents lower at 10.13 1/2. The Pro-Farmer crop tour in South Dakota reports corn yields of 149.8 which is slightly above USDA's estimate of 147. Ohio estimates are coming in at 149 bpa which is below the USDA estimate of 163 bpa, but is nearly the same as last years actual yield. The crop condition ratings released yesterday were up 1% on corn at 75% good/excellent which is likely the reason the CBOT price is struggled most of the day. The soybean crop rating was also up 1% at 72% good/excellent. Outside markets are relatively calm today with the DOW down 21 points at 18,540, crude oil down .73 at $48.13 and the US dollar down slightly at 94.48. More reports from the Pro-Farmer Crop Tour will be coming soon.
Special Notice: On days when the market experiences extreme volatility we may elect not buy grain in the afternoon. We can place a pricing offer for you when the market reopens at 7 PM in the evening.
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.
Ally Seed LLC
Ally Seed LLC is a joint venture with Tama-Benton Cooperative and the ECI Cooperative in Hudson, IA. Ally Seed LLC carries a solid line of Asgrow/Dekalb and Monsanto Seed Varities. Contact our Sales Representative Ryan Ruzicka at 319-239-8854 or email at firstname.lastname@example.org
"WE HELP FARMERS GROW"
Agronomy Sales - Contact Jamie Pokorny, Jake Bauer, Bob Hermsen or Barney Hopper in our sales division for chemical, fertilzer prices and recommendations.
CR PROCESSOR HOURS AUGUST 23rd
CARGILL STARCH 7-3
CARGILL BEANS 5-5
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 August 24, 2016, 05:19:06 AM CDT