The markets are lower this morning with corn down 3, wheat down 3 and soybeans unchanged. The corn market got a boost on Friday with weekly export sales as buyers made some purchases with the recent lows. There is still plenty of competition in the world markets and it will continue to grow with the stronger US dollar. Overnight the dollar reached new highs on world that the Greek elections leave the future of the euro in doubt. Last Friday’s cattle on feed numbers did were a good indicator of what we can expect the feed demand numbers to do in the coming year. Cattle on feed as of January 1st were reported at 100.9% of last year which was below trade estimates. The big change came in cattle placed on feed during December which was reported at 92% which is down 4% from last year. New crop corn prices continue to hang in the $4 range while soybeans have dropped to the $9 range which could result in more corn acres this spring if prices hold here.
Make sure you get your firm offers for old and new crop in with your buyers to take advantage of any small movements in the market.
Hours are subject to change based on weather. Please call to confirm hours.
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.