Cambria Plant 920-348-5868

Market Commentary
 July 25, 2016
 
Good Morning,
 
Rains across MN, WI, IA, IL over the weekend and cooler temperatures forecasted into early August have traders continuing to add to their short position. The crop in most of the Midwest is now made and all we will do with rain from here on out is add to the yield. Soybeans still need rain in August to finish the crop off, but like corn most of the bean acres are ahead of normal. This means that early August weather will be the determining factor for soybeans instead of late August.
Friday’s reversal in the markets was positive news heading into the weekend. After making new contract lows in the CZ at $3.33 the markets bounced to close at $3.4175. This morning it appears that we are going to test those lows as the market is down 5 and trading at $3.37. If we break thru Fridays lows, I see $3.28 as the next support level.
Weekly crop conditions and progress will be released this afternoon with expectations for the crop to remain unchanged at 76% G/E.
 
Have a safe day!
 
Garry Gard
920-348-6844
ggard@didionmilling.com

Meetings
None Scheduled at this time



                                    

 

Local Forecast
Cambria, WI
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Wednesday

Thursday

Friday

Saturday
High: 83°F
Low: 60°F
Precip: 0%
High: 84°F
Low: 64°F
Precip: 51%
High: 75°F
Low: 64°F
Precip: 65%
High: 77°F
Low: 60°F
Precip: 60%
High: 78°F
Low: 60°F
Precip: 60%
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Local Radar
Cambria, WI
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Welcome

Receiving Hours

Grain Receiving will be Closed 7/26/16 until 10am.

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
Sep 16 333'4 334'0 331'4 333'2 -1'4 334'6 07:25P Chart for @C6U Options for @C6U
Dec 16 340'2 340'4 337'6 339'6 -1'4 341'2 07:25P Chart for @C6Z Options for @C6Z
Mar 17 350'0 350'0 347'6 349'4 -1'4 351'0 07:25P Chart for @C7H Options for @C7H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Aug 16 984'0 984'0 980'4 982'0 -1'6 983'6 07:25P Chart for @S6Q Options for @S6Q
Sep 16 977'2 977'2 974'2 974'6 -2'0 976'6 07:25P Chart for @S6U Options for @S6U
Nov 16 966'0 966'0 963'0 963'6 -2'4 966'2 07:25P Chart for @S6X Options for @S6X
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Sep 16 427'4 427'4 424'4 426'6 -2'2 429'0 07:25P Chart for @W6U Options for @W6U
Dec 16 454'2 454'4 452'0 453'6 -2'4 456'2 07:25P Chart for @W6Z Options for @W6Z
Mar 17 480'4 481'6 479'0 481'0 -2'4 483'4 07:25P Chart for @W7H Options for @W7H
My Custom Markets
Symbol Open High Low Last Change Close Time More

 
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