Cambria Plant

Market Commentary
November 22, 2017
 
Good Morning,
 
The markets opened corn up 2 and soybeans up 8.
 
Some market support being added from the soybean side this morning, and being a holiday week adding volatility as well. With much of US harvest wrapped up and South American weather outlook looking good, these small bumps in the market should be taken advantage of. Cash bids for winter time frame are around $3.40 and should seriously be considered when looking back at most contract prices from nearby sales made for winter 2017.



With shortened trade this week (no markets on Thursday and closing at noon on Friday), I expect to see month end short covering take place next week. This could give the markets a few cents to the upside for producers looking to price basis contracts.
 
Have a Happy Thanksgiving,
 
Mitch Giebel
920-348-6861
mgiebel@didionmilling.com


 

Meetings

Didion's official statement on OSHA's release:

 

The Didion team continues to mourn the loss of our team members who died or were injured that tragic day in May – we will never forget what happened. Our thoughts remain first and foremost with the families of those affected, our employees and the community.

 

Didion does not agree with the severity of the penalties levied against our family-owned business or the conclusions released by OSHA today. We are working with our legal counsel to determine how to address the findings from this federal agency. Regardless of how we address OSHA’s decision, it is our intent to rebuild our corn milling facility in Cambria. As a family-owned company that has operated in the community for more than 45 years, we recognize how important our mill is for creating new jobs and adding economic value to the area, as well as providing an important source of revenue for area farmers, and offering our customers high-quality products.

 

We pledge to our team members, the farmers and customers we serve, our community partners, the Village of Cambria and the people of Wisconsin, that we will build a state-of-the-art, best in class facility. The new mill will utilize the latest technology and industry best practices, creating one of the most efficient, effective and safe operational systems available.

 

We would like to once again thank our team members for their resolve and strength throughout this difficult process. We also would like to extend our gratitude to all of the First Responders who came from miles around to help us, and the Village of Cambria who opened their doors to support us.

 

Didion is continuing to work with industry experts and other agencies to determine the cause of the incident.




Columbia County Corn Growers Meeting 
Thursday, December 14, 2017
Club 60, W2164 State Road 60, Columbus, WI

 



                                    

 

Local Forecast
Cambria, WI
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Friday

Saturday

Sunday

Monday

Tuesday
High: 55°F
Low: 33°F
Precip: 20%
High: 41°F
Low: 29°F
Precip: 0%
High: 46°F
Low: 24°F
Precip: 0%
High: 50°F
Low: 28°F
Precip: 0%
High: 50°F
Low: 34°F
Precip: 0%
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Local Radar
Cambria, WI
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Welcome

Receiving Hours

All loads must be scheduled prior to delivery. 

Refer to Grain Receiving Hours in Tab to left



 
 

ACH - Payment Form
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. 

FOB TRUCKING
LET US DO THE TRUCKING FOR YOU!
Didion Milling has 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 Mitch for more information on our trucking services.

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 17 344'2 347'0 344'0 344'4 0'2 345'2s 12:36A Chart for @C7Z Options for @C7Z
Mar 18 355'4 358'0 355'2 356'4 0'6 357'0s 11/23 Chart for @C8H Options for @C8H
May 18 364'0 366'2 363'4 364'4 0'6 365'2s 11/23 Chart for @C8K Options for @C8K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jan 18 988'4 999'4 987'4 997'0 8'2 997'2s 12:49A Chart for @S8F Options for @S8F
Mar 18 999'4 1010'4 998'6 1008'2 8'2 1008'4s 11/23 Chart for @S8H Options for @S8H
May 18 1008'6 1020'2 1008'2 1017'4 8'2 1018'2s 11/23 Chart for @S8K Options for @S8K
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 17 424'6 426'2 420'6 423'0 -2'0 422'6s 11/23 Chart for @W7Z Options for @W7Z
Mar 18 441'2 444'4 438'4 441'0 -0'4 440'6s 01:27A Chart for @W8H Options for @W8H
May 18 453'4 457'0 450'6 453'6 0'4 453'4s 12:38A Chart for @W8K Options for @W8K
My Custom Markets
Symbol Open High Low Last Change Close Time More

 
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