Quiet trade overnight as traders try to figure out where to be headed into a three day weekend.(No markets on Monday in observance of Presidents Day) It has been a very good week to this point with, corn up 6 cents and soybeans up 42 cents. Argentina forecasts are expecting showers thru next Thursday with some meaningful rainfall in that timeframe, but this is expected to be isolated with several key areas missing out. In Brazil, conditions will continue to be favorable with some showers expected in the next week. In Argentina, 58% of the corn crop for the 2017-18 crop year has been affected by the dry weather that started 3 months ago. Corn export sales yesterday were reported at 77. Million bu. for corn and 23.5 million bu. for soybeans. This is the second largest export number this year for corn. Corn is down 1 and soybeans are up 1 this morning. As a trader I would suggest making some small sales before the weekend as weather patterns change rapidly and giving the markets 3 days to monitor weather and forecasts in South America could be negative.
There are only 3 days left to sign up for our Average Price Contract (APC). This is a great contract to use for fall delivered bushels in 2018. In 2017 producers averaged .50 cents more per bushel than the average fall price paid. Give us a call today to get more details and sign up for this contract. The deadline for signing up sis 2/21/18.
We are also offering a fall contract that could net you $3.87/bu for fall delivered corn. Give us a call and ask about our current “OTC” contract.
When you’re behind the wheel of a car – whether alone or with passengers – driving safely should always be your top concern. We’re more distracted than ever, so it’s crucial to know the basics of safe driving and practice them every time you’re on the road. Here are some safe driving tips:
1. Focus on driving
Keep 100% of your attention on driving at all times – no multi-tasking.
Don’t use your phone or any other electronic device while driving.
Slow down. Speeding gives you less time to react and increases the severity of an accident.
2. Drive “defensively”
Be aware of what other drivers around you are doing, and expect the unexpected.
Assume other motorists will do something crazy, and always be prepared to avoid it.
Keep a 2-second cushion between you and the car in front of you.
Make that 4 seconds if the weather is bad.
3. Plan ahead
Build time into your trip schedule to stop for food, rest breaks, phone calls or other business.
Adjust your seat, mirrors and climate controls before putting the car in gear.
Pull over to eat or drink. It takes only a few minutes.
4. Practice safety
Secure cargo that may move around while the vehicle is in motion.
Don’t attempt to retrieve items that fall to the floor.
Have items needed within easy reach – such as toll fees, toll cards and garage passes.
Always wear your seat belt and drive sober and drug-free.
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 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.