Grain Receiving Hours Grain Receiving will be closed on Friday 8/1/14. We will re-open at 7am on Monday 8/4/14. Monday - Friday: 7am-5pm Saturday Closed Sunday Closed
Hours are subject to change based on weather. Please call to confirm hours.
July 31, 2014
The markets are off slightly this morning with corn down 2 and soybeans down 7. With the end of the month and favorable weather forecasts for the next 10 days, I look for some additional selloff before we close today. Yesterday’s ethanol production was down 5,000 barrels per day, but remains very strong at 954,000 per day. Stocks continue to climb and were at the highest level since February/March 2013. I believe stocks will continue to climb as ethanol margins remain strong and the driving season begins to slow. This morning’s export numbers were disappointing for old crop at 6.8 million bushels but remained strong for new crop at 43 million bushels. With the increasing potential for a 14 billion bushel production number we are going to need exports to remain strong to keep a $3 in front of cash prices. Traders will continue to monitor crop tours and watch weather to give them direction going forward. Have a Safe Day!
Didion will not be accepting corn with the Viptera or Duracade genetics. If you planted or intend to plant seed with these genetics make sure that you find the appropriate market for this grain.
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.