Hours are subject to change based on weather. Please call to confirm hours.
July 28, 2014
Markets are higher this morning with corn up 3 and soybeans up 10. Rains fell across the US over the weekend, but totals were less than expected and the forecast for the 10-15 day timeframe calls for normal to below temperatures and normal rains in the east and below normal rains in the west. Weather will continue to be watched, but there is currently no threatening weather that could send these markets higher. Friday’s cattle on feed report showed 97.6% of last year vs. the average trade estimates for 98.2%. Placed during June were 93.8% which was also lower than the estimate of 95.6%, while marketing’s came in at 98.2% of last year’s numbers. This was the lowest June placements since June of 2009, while marketing’s were the lowest for June since 1996. How long will it be before we replenish cattle numbers remains a big question. With cheap grain prices you would think producers would be working to build inventories going forward, but high cattle prices are pushing cattle out the door quicker. China’s confirmation that they will not take DDG’s from the US that has the trait MIR 162 has dropped the average DDG value $10-$20 in the last week.
Didion will not be accepting corn with the Viptera or Duracade genetics. If you planted or intend to plant seed with these genetics make sure that you find the appropriate market for this grain.
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.
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.