Cambria Plant

Market Commentary
 October 18, 2018
 
Good Morning,
 
Commodities are lower this morning as harvest is now widespread across the corn-belt with clear weather. Corn is down 4 and soybeans are down 13 to begin the day. We will watch to see if the CZ18 market can close above the 100 day moving average of 3.7175 today which it has for the past 3 days.
Weekly export sales were light for both corn and soybeans. Corn was reported at 15 million bushel which is about ½ of the ten week average. Soybean sales came in at 10.8 million bushels which is 8 million below the ten week average.
Both China and the US said a meeting regarding tariffs at the G20 summit in November may not happen. This may push the technical traders back to the bearish side until this meeting is officially happens. Increased exports to Argentina are not happening as logistics in Argentina are unable to handle additional volume.
Didion is still buying spot and contract corn for October or November delivery, but as harvest progresses this may not be the case. If you are going to need to move additional bushels this fall I would suggest making cash sales or basis sales ASAP. I would not be surprised to see basis to widen in the next week or two.
 
Have a Safe Day!
 
Garry Gard
920-348-6844
ggard@didionmilling.com

Funds Position

Local Radar
Cambria, WI
Chg Zip Code: 
 
Radar
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Meetings

Local Forecast
Cambria, WI
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Tuesday
High: 56°F
Low: 42°F
Precip: 64%
High: 46°F
Low: 30°F
Precip: 37%
High: 46°F
Low: 25°F
Precip: 0%
High: 55°F
Low: 35°F
Precip: 0%
High: 49°F
Low: 33°F
Precip: 0%
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Welcome

Didion is Hiring!
 
If you know someone that is looking for employment or a change let us know. If we hire your referral you could get up to $1000! We have several openings within our company. Here are just a few of the current positions:

Feed Sales                                                                          Forklift Operator
Logistics Manager                                                             Marketing Communication Manager
Grain Facility Maintenance Technician                           Biofuels Technician
Miller                                                                                   Packaging Production Worker
Safety Specialist                                                               Grain Merchandiser
 
For more details or to apply visit: www.didionmilling.com



We Are Buying Spot Corn!


Receiving Hours

All loads must be scheduled prior to delivery. 

Refer to Grain Receiving Hours in Tab to left

Safety Tips
Lockout/Tagout then TRY OUT.
Energy sources in machines and equipment can be extremely hazardous to workers. During the servicing and maintenance of machine and equipment, the unexpected start-up or release of stored energy can result in serious injury or death.
According to OSHA, failure to control hazardous energy accounts for nearly 10 percent of the serious accidents in many industries. Proper Lockout/Tagout (LOTO) practices and procedures safeguard workers from hazardous energy releases.
 A worker must:
  1. Stop the equipment, disconnect power and lock the switch;
  2. Attach their identifying tag;
  3. After ensuring workers are clear, try to start the equipment to test if energy sources have been disconnected.
Following these steps ensures all energy sources are isolated before electrical or mechanical work is performed. The process protects workers from the dangers of uncontrolled, unplanned release of energy.
When should you LockOut/TagOut?
  • When removing or bypassing a guard or other safety device for maintenance, repair, cleaning or clearing jammed mechanisms.
  • When placing any part of one’s body where it could be injured by moving machinery parts or release of stored energy (hydraulic or pneumatic pressure, steam, spring, objects that could fall or pivot).
  • When placing any part of one’s body into electrical energy or hazardous substance danger zones.
It is imperative that machinery is properly locked out, tagged out and has been tried out BEFORE removing safety guards. All workers should be properly trained on compliant lockout procedures to ensure a close call doesn’t turn into a fatal encounter 

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 18 370'4 371'0 367'4 369'0 -1'6 370'6 10:49A Chart for @C8Z Options for @C8Z
Mar 19 382'6 383'0 379'6 381'2 -1'6 383'0 10:49A Chart for @C9H Options for @C9H
May 19 390'0 390'2 387'2 388'6 -1'4 390'2 10:49A Chart for @C9K Options for @C9K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 18 865'2 866'2 858'0 861'0 -2'4 863'4 10:49A Chart for @S8X Options for @S8X
Jan 19 879'2 880'2 872'0 874'6 -3'0 877'6 10:49A Chart for @S9F Options for @S9F
Mar 19 892'2 893'0 885'0 887'6 -2'6 890'4 10:49A Chart for @S9H Options for @S9H
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 18 513'0 518'4 510'6 516'2 3'2 513'0 10:49A Chart for @W8Z Options for @W8Z
Mar 19 532'6 537'6 531'0 535'6 2'2 533'4 10:49A Chart for @W9H Options for @W9H
May 19 545'0 549'4 543'4 547'6 2'0 545'6 10:49A Chart for @W9K Options for @W9K
My Custom Markets
Symbol Open High Low Last Change Close Time More

 
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