Cambria Plant 920-348-5868

Market Commentary

 July 28, 2015
 
Good Morning,
 
The markets have stabilized for the time being with corn up 2 and soybeans up 10. I do think we could see some more downside in the markets ahead of the August 12 report but feel it could only be another 10-20 cents. This would get us back to the $3.70 range we were trading in a month ago.
Yesterday’s weekly crop progress showed corn up 1% at 70% G/E for the US. WI was 82% G/E which is down 1% for the week.
The Chinese economy is adding resistance to the US markets with concern of a fall out. There are talks that China may shut off imports of several commodities in the coming months which would affect US exports.
The recent drop in the markets may be overdone due to the fund selling of commodities, but net positions are still long 190,000 corn and 43,000 soybean contracts. Producers should take advantage of any small bounce in the markets to make additional sales. If the USDA fails to reduce the crop projections in August, we could be into new crop before any significant reports hit the news wire.
 
Have a Safe Day!
 
Garry Gard
920-348-6844
ggard@didionmilling.com


Traits
                                    






 
Didion will not be accepting corn with the Duracade genetics. If you
planted or intend to plant seed with these genetics make sure that you find the appropriate market.      
 
 


Welcome


 
Grain Receiving Hours 
Monday - Friday 7am-5pm
Saturday: Closed
Sunday: Closed


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. 

FOB TRUCKING
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.

Local Forecast
Cambria, WI
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High: 85°F
Low: 63°F
Precip: 30%
High: 78°F
Low: 66°F
Precip: 80%
High: 81°F
Low: 59°F
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High: 83°F
Low: 61°F
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Local Radar
Cambria, WI
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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 15 373'4 376'0 370'0 375'4 2'0 375'0s 03:49P Chart for @C5U Options for @C5U
Dec 15 383'6 386'2 380'2 386'0 2'0 385'4s 03:48P Chart for @C5Z Options for @C5Z
Mar 16 395'0 397'2 391'2 396'6 2'2 396'4s 03:27P Chart for @C6H Options for @C6H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Aug 15 963'0 976'6 962'6 975'2 13'4 974'6s 03:31P Chart for @S5Q Options for @S5Q
Sep 15 941'4 956'2 941'4 955'2 14'6 954'0s 03:58P Chart for @S5U Options for @S5U
Nov 15 935'4 948'6 935'0 946'0 11'4 944'6s 03:19P Chart for @S5X Options for @S5X
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Sep 15 502'4 512'4 501'6 512'2 8'2 510'6s 03:49P Chart for @W5U Options for @W5U
Dec 15 511'4 521'4 511'2 521'4 8'4 520'2s 03:20P Chart for @W5Z Options for @W5Z
Mar 16 519'6 529'2 519'2 529'0 9'0 528'2s 01:30P Chart for @W6H Options for @W6H
DJ - DJ INDUSTRIAL AVERAGE - CBOT
Month Open High Low Last Change Close Time More
Sep 15 17617.00 215.00 17617.00s Chart for DJ5U Options for DJ5U
Dec 15 17527.00 215.00 17527.00s Chart for DJ5Z Options for DJ5Z
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