Cambria Plant 920-348-5868

Market Commentary
 September 18, 2017
Good Morning,
Favorable weather in the 6-10 day forecasts combined with better than expected yields are pressuring the markets. There are a lot of corn yields are running 200 – 240 bpa in Central and Southern IL. Producers are reporting yields 20+ bpa better than they expected. If these yields continue to be the case, we may be looking at the best prices of the year unless something dramatic happens on the demand side. Fall prices are currently in the $3.20-3.30 range. Spring prices are currently in the $3.50-3.60 range. This may be as good as it gets and producers should be actively locking in some of these levels before we get too far into harvest. Here are some interesting comments to support the better yields:
  • Last week the USDA increased U.S. corn yield to 169.9 bushels per acre from its August estimate of 169.5 bpa, and raised soybean yield to 49.9 bpa from last month’s 49.4 bpa.
  • Overall August weather – the period that most heavily influenced USDA’s recent adjustments – shows that temperatures and precipitation last month were actually supportive of a yield increase for both crops.
  • The precise yield is important to the soybean balance sheet as a 1-bpa yield change is worth about 89 million bushels – roughly 20 percent of the projected ending stocks for the current marketing year.
  • The impact on corn is more of a psychological one, especially if that number breaks the 170-bpa mark. About 84 million bushels of corn are at stake with a 1-bpa yield move, just 4 percent of USDA’s domestic carryout prediction for 2017/18.
  • The corn peg of 169.9 bpa is 2.7 percent lower than last year’s all-time best of 174.6 bpa. Larger year-on-year drops were observed in five of the last 15 years – 2002, 2005, 2010, 2011 and 2012 – and at least four of those years had significantly more trying weather conditions than this year.
 It might be wise to mentally prepare for corn and soybean yields to hit 170 and 50 bpa, respectively, if the trend in USDA’s past adjustments is any indication. Six years in a row the final soybean yield that is published in January has been higher than USDA’s September estimate. Corn yields look to increase as well. Whenever September yield rebounded from an August number the final corn yield was actually higher than the September figure.
Have a Safe Day
Garry Gard

Dear Valued Producer,

We are scheduling loads while we work thru the contracts that we have in place.

* We will be scheduilng all loads for September. 

* You are not allowed to deliver unless you have scheduled delivery with one of our grain buyers. 

Thank you for your patience and understanding while we work thru this process. 

Didion Milling




Local Forecast
Cambria, WI
Chg Zip:





High: 76°F
Low: 55°F
Precip: 0%
High: 83°F
Low: 60°F
Precip: 54%
High: 82°F
Low: 61°F
Precip: 62%
High: 86°F
Low: 64°F
Precip: 0%
High: 85°F
Low: 66°F
Precip: 0%
View complete Local Weather

Local Radar
Cambria, WI
Chg Zip Code: 
View complete Local Weather


Receiving Hours

Monday 9/18/17 - Closed
Wednesday 9/20/17 - 8am - 2pm

Balance of the Week:
8:00 am - 5:00 pm
By Appointment only!


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. 

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.

Month Open High Low Last Change Close Time More
Dec 17 351'0 353'0 350'6 352'6 1'2 351'4 08:17A Chart for @C7Z Options for @C7Z
Mar 18 363'4 365'4 363'2 365'0 1'0 364'0 08:16A Chart for @C8H Options for @C8H
May 18 372'0 374'0 371'6 373'4 1'0 372'4 08:07A Chart for @C8K Options for @C8K
Month Open High Low Last Change Close Time More
Nov 17 968'4 971'6 965'6 967'4 -0'2 967'6 08:17A Chart for @S7X Options for @S7X
Jan 18 979'2 982'0 976'2 978'0 0'0 978'0 08:14A Chart for @S8F Options for @S8F
Mar 18 987'2 990'6 985'0 986'6 -0'2 987'0 07:45A Chart for @S8H Options for @S8H
Month Open High Low Last Change Close Time More
Dec 17 442'6 446'6 441'6 446'0 2'4 443'4 08:17A Chart for @W7Z Options for @W7Z
Mar 18 463'2 466'6 462'2 466'2 2'4 463'6 08:15A Chart for @W8H Options for @W8H
May 18 476'4 480'2 475'4 479'4 2'4 477'0 07:45A Chart for @W8K Options for @W8K
My Custom Markets
Symbol Open High Low Last Change Close Time More

Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN