Cambria Plant 920-348-5868

Market Commentary

1/27/2012

Good Morning,

Corn traded 4-5 cent higher overnight. A softer dollar, slow farmer selling and strong export and domestic demand spurred the gains.

We expect corn to follow the overnight trade on the open this morning and likely trade those levels for most of the day. Exports this morning came at double the rate needed to meet USDA yearly forecast. 1.04 million tons versus a trade expectation of 725 thousand tons which should help keep markets firm.

Stocks have turned slightly lower this morning as the GDP growth came in a 2.8 percent versus the 3 percent the trade was expecting.

Overall we expect a fairly quiet trade today but sellers should be aware that the recent strength in basis will disappear rapidly once cash sales pick up and the pipeline gets filled. We advise taking advantage of the recent rally in board and basis to put on some additional sales.

We are also advising new crop sales as old crop futures continue to gain on the new. Expected record plantings next year will likely continue to drive new crop lower.

Dale Drachenberg
VP Risk Management
ddrachenberg@didionmilling.com
920-348-5868



DDGS
Didion is now marketing its own Wetcake, DDG’s, and Syrup.
    
 
Justin Koopmans is the Feed Sales Representative who can provide you with information on these products to improve feed quality. Some benefits of Didion feed products include:
 
·        Direct, Local Purchase
·        Consistent, Quality Product
·        Economical and On-time delivery.
·        Spot and Contract Pricing (3 month, 6 month, and 1 year contracts)
·        Tours available of the production process 
 

Call to schedule an introductory visit and/or request a business/credit application.
Office Phone (920) 348-5868 extension *817
Cell Phone (920) 210-0217

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Cambria, WI
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Cambria, WI
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Welcome
CLICK HERE TO FILL OUT THE 
CUSTOMER REFERRAL FORM


Stop by our booth at Corn/Soy Expo
February 2-3, 2012
Kalahari Resort
Wisconsin Dells, WI



Grain Receiving Hours are as Follows

Monday - Friday  7am - 5pm
Saturday - Sunday - Closed


 
 Hours are subject to change based on weather. Please call to confirm hours. 
  

 


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ACH - Payment Form
If you are interested in ACH, please completely fill out the attached form and retrun 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. 

FOB TRUCKING
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,Brenda or Kari for more information on our trucking services.

Futures
C - CORN - CBOT
Month Open High Low Last Change Time More
Mar 12 638'6 642'2 635'4 641'6s 7'2 01/27
May 12 644'4 648'0 641'4 647'4s 7'4 01/27
Jul 12 649'4 652'0 646'0 651'0s 7'2 01/27
Sep 12 591'4 591'4 591'4 594'0s 5'2 01/27
Dec 12 569'0 571'4 565'0 571'0s 5'0 01/27
S - SOYBEANS - CBOT
Month Open High Low Last Change Time More
Mar 12 1222'0 1222'0 1215'0 1219'0s -3'6 01/27
May 12 1230'0 1230'0 1226'0 1228'4s -3'4 01/27
Jul 12 1240'0 1240'0 1236'0 1238'2s -3'4 01/27
Aug 12 1236'2s -3'2 01/27
Sep 12 1228'2s -1'4 01/27
W - WHEAT - CBOT
Month Open High Low Last Change Time More
Mar 12 653'4 653'4 646'4 647'2s -6'2 01/27
May 12 665'4 665'4 662'0 661'6s -5'0 01/27
FN - NATURAL GAS BALANCING POINT - IPE
Month Open High Low Last Change Time More
Feb 12 55.680 57.510 54.300 56.890s 3.040 01/27
Mar 12 54.000 57.600 54.000 56.290s 2.910 01/27
Apr 12 53.750 56.650 53.750 56.110s 2.870 01/27
DJ - DJ INDUSTRIAL AVERAGE - CBOT
Month Open High Low Last Change Time More
Mar 12 12620.00 12650.00 12577.00 12614.00s - 70.00 01/27
Jun 12 0.00 0.00 0.00 12544.00s - 71.00 01/27
Sep 12 0.00 0.00 0.00 12481.00s - 71.00 01/27
Dec 12 0.00 0.00 0.00 12404.00s - 71.00 01/27
Mar 13 0.00 0.00 0.00 0.00 0.00
My Custom Markets
Symbol Open High Low Last Change Time More

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