Futures prices at the CBOT are trading mixed in a bit of a Turnaround Tuesday with beans up 3, corn down 3 following yesterday's surge in prices on short-covering in the grains. Yesterday there were rumors that further negotiations between the US and China would be underway this week. Chinese vice-premier Lui He is expected to visit the US soon, for talks with high level officials. Lui is believed to be visiting Washington in order to make preparations ahead of the G20 meeting at the end of November. Lui and Vice President Mike Pence are at the ASEAN Summit in Singapore today. World leaders are worried about the trade tension between the two world powers and thinks its bound to create a domino effect that will affect trade reactions from other developing nations. Nevertheless, on the daily system this morning you have private exporters reporting to the USDA export sales of 276.7 TMT of new crop soybeans for delivery to unknown destinations. The cash premiums in Brazil for soybeans have gotten murdered in the last week, down over $1 to $1.70 over the CBOT versus $2.75 in September and October. This has exporters there worried that they will see a significant decline in their market share if the US and China can come to some sort of resolution to end the trade war.
We can make a leap of faith here and say that once again sales to "unknown destinations" are most likely sales to China. For the most part right now, beans originating out of Brazilian ports continue to remain more attractive to the Chinese than those originating out of the Pacific-Northwest (PNW). The window is now open to get something done on a new trade deal because it will not be very long until boats in S. America begin loading new crop beans in late January/ early February.
Delivery Reminders for Didion –
We are only accepting November contracted corn. December contracts will have to hold off until December.
We are still buying spot and Last Half November corn.
All loads must be scheduled prior to delivery. This allows us to manage space and keep you from waiting in long lines.
Plan ahead when scheduling your loads. We would recommend you call at least 1 day in advance to schedule your loads.
If you know someone that is looking for employment or a change let us know. If we hire your referral you could get up to $1000! We have several openings within our company. Here are just a few of the current positions:
Feed Sales Forklift Operator Logistics Manager Marketing Communication Manager Grain Facility Maintenance Technician Biofuels Technician Miller Packaging Production Worker Safety Specialist Grain Merchandiser
If You're Dropping Off Schools often have very specific drop-off procedures for the school year. Make sure you know them for the safety of all kids. The following apply to all school zones:
Don't double park; it blocks visibility for other children and vehicles
Don't load or unload children across the street from the school
Carpool to reduce the number of vehicles at the school
Sharing the Road with Young Pedestrians According to research by the National Safety Council, most of the children who lose their lives in bus-related incidents are 4 to 7 years old, and they're walking. They are hit by the bus, or by a motorist illegally passing a stopped bus. A few precautions go a long way toward keeping children safe:
Don't block the crosswalk when stopped at a red light or waiting to make a turn, forcing pedestrians to go around you; this could put them in the path of moving traffic
In a school zone when flashers are blinking, stop and yield to pedestrians crossing the crosswalk or intersection
Always stop for a school patrol officer or crossing guard holding up a stop sign
Take extra care to look out for children in school zones, near playgrounds and parks, and in all residential areas
Don't honk or rev your engine to scare a pedestrian, even if you have the right of way
Never pass a vehicle stopped for pedestrians
Always use extreme caution to avoid striking pedestrians wherever they may be, no matter who has the right of way
Sharing the Road with School Buses If you're driving behind a bus, allow a greater following distance than if you were driving behind a car. It will give you more time to stop once the yellow lights start flashing. It is illegal in all 50 states to pass a school bus that is stopped to load or unload children.
Never pass a bus from behind – or from either direction if you're on an undivided road – if it is stopped to load or unload children
If the yellow or red lights are flashing and the stop arm is extended, traffic must stop
The area 10 feet around a school bus is the most dangerous for children; stop far enough back to allow them space to safely enter and exit the bus
Be alert; children often are unpredictable, and they tend to ignore hazards and take risks
Sharing the Road with Bicyclists On most roads, bicyclists have the same rights and responsibilities as vehicles, but bikes can be hard to see. Children riding bikes create special problems for drivers because usually they are not able to properly determine traffic conditions. The most common cause of collision is a driver turning left in front of a bicyclist.
When passing a bicyclist, proceed in the same direction slowly, and leave 3 feet between your car and the cyclist
When turning left and a bicyclist is approaching in the opposite direction, wait for the rider to pass
If you're turning right and a bicyclists is approaching from behind on the right, let the rider go through the intersection first, and always use your turn signals
Watch for bike riders turning in front of you without looking or signaling; children especially have a tendency to do this
Be extra vigilant in school zones and residential neighborhoods
Watch for bikes coming from driveways or behind parked cars
Check side mirrors before opening your door
By exercising a little extra care and caution, drivers and pedestrians can co-exist safely in school zones.
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.