Markets closed higher yesterday for corn and are trading 3 higher this morning. Traders have been looking at the rains we’ve received this las week as beneficial to the crop, but this morning there is talk that some of the dry areas did not get as much as they needed. With a 2 point drop in the good to excellent rating earlier this week, I expected that the market should have rebounded some from that report.
I believe that the markets will continue to trade weather for the time being. I would continue to put in firm offers to capture the bounces. There is still a lot of grain in bins that need to move, which is keeping a cap on this market. We are still within 20 cents of the $4 range for the summer of 2018, which $4 seems to be a goal for a lot of producers.
We are now buying corn for delivery for Last Half August again. Please call your Grain Merchandiser for a bid. And please remember that we are scheduling loads for receiving – we will call you to schedule your loads.
If you are interested in ACH, please completely fill out the attached form and return it to Didion. Some financial institutions charge for this service.(You will have to check with yours to see if there is a fee) If you have a lien on your grain, we will not be able to pay you via ACH. Click Here to view form.
LET US DO THE TRUCKING FOR YOU!
Didion Milling has more than 20 trucks ready to serve you. We have hopper bottom and dump trailers of various sizes to fit your needs. We offer on-farm pickup throughout the year. Hourly rates are available should you need extra time to fill a trailer. Contact Garry or Brenda for more information on our trucking services.