Cambria Plant 920-348-5868

Market Commentary
May 2, 2016
 
Good Morning,
 
The markets are following the overnight momentum and currently trading 4 lower in both corn and soybeans and wheat. Favorable weather this week will keep pressure on the markets.
Rains of .5-1.5” fell across most of the Midwest over the weekend along with cooler temperatures. For most the rain was welcome, but producers are starting to worry about the cooler temperatures. Reports of corn that has been in the ground for 2 weeks has some producers hoping for warm weather soon! The forecast for this week has a generally warmer trend with local temperatures in the upper 60’s and low 70’s which should allow planning progress to proceed and  pop some corn out of the ground.
A weaker US dollar has given exports a boost lately. The Brazilian government’s action to allow up to 1 mmt of corn to be imported free of the 10% import tax will likely keep the focus to potential US supplies and give hope to extending the US export demand.
 
Look for the markets to trade unchanged to lower today with favorable weather and planting progress expectations for 45-50% complete in this afternoons report.
 
Have a safe day!
 
Garry Gard
920-348-6844
ggard@didionmilling.com
  

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Local Forecast
Cambria, WI
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Tuesday

Wednesday

Thursday

Friday

Saturday
High: 65°F
Low: 40°F
Precip: 74%
High: 51°F
Low: 42°F
Precip: 79%
High: 60°F
Low: 35°F
Precip: 0%
High: 73°F
Low: 45°F
Precip: 0%
High: 72°F
Low: 52°F
Precip: 62%
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Local Radar
Cambria, WI
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Welcome

Receiving Hours


Monday - Friday: 7am-5pm
Saturday - 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.

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 16 390'2 393'4 389'4 393'4 3'2 390'2 05:28A Chart for @C6K Options for @C6K
Jul 16 391'6 395'0 390'0 392'0 0'2 391'6 05:28A Chart for @C6N Options for @C6N
Sep 16 392'0 394'6 390'2 392'0 -0'2 392'2 05:28A Chart for @C6U Options for @C6U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 16 1035'0 1047'4 1032'0 1044'6 9'2 1035'4 05:28A Chart for @S6K Options for @S6K
Jul 16 1043'6 1057'0 1038'6 1053'0 9'2 1043'6 05:28A Chart for @S6N Options for @S6N
Aug 16 1043'6 1057'2 1039'6 1053'4 9'4 1044'0 05:28A Chart for @S6Q Options for @S6Q
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 16 480'0 481'4 478'6 478'6 1'6 477'0 05:28A Chart for @W6K Options for @W6K
Jul 16 487'0 492'6 485'4 489'2 1'4 487'6 05:28A Chart for @W6N Options for @W6N
Sep 16 497'0 503'2 496'2 500'0 1'4 498'4 05:28A Chart for @W6U Options for @W6U
My Custom Markets
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