Grains are trading higher this morning with March corn futures up 8 cents at $3.56 and January soybean futures up 20 cents at $10.47. USDA announced a sale of 426 tmt of soybeans this morning which is pushing markets higher. Outside market influences are also helping to fuel the soybean rally as Malaysian Palm Oil and Crude Oil lead the charge once again. The Brazilian soybean crop is estimated at 92% planted and Argentina at 50%. Ethanol margins in the US reached 26 cents per gallon increasing corn grind at 455 million bushels in October versus 440 million bushels last year. The export shipments report is expected to show solid numbers this morning.
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.
CR PROCESSOR HOURS Dec 5th
CARGILL STARCH 7-3
CARGILL BEANS 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 December 05, 2016, 02:32:50 PM CST