Cambria Plant 920-348-5868

Market Commentary
 May 22, 2017
 
Good Morning,
 
Despite the wet weekend across the Midwest and forecasts for rain this coming week, the markets has not been able to break out of its current sideways pattern. Corn continues to trade in the $3.65-$3.80 range on the July CBOT. Corn is trading 3-4 higher this morning with traders looking at the current weather pattern and questions about how much re-plant and prevent plant we will see in IL and IN.
Traders are looking for 85% of the corn to be planted in this afternoons report. Last week was 71% and the average for this week is 88%. Soybean planting is expected to be 56% compared to 32% last week.
Brazil continues to add pressure to the US markets with the most recent estimate on their safrinha corn crop coming in higher. The 63.6 mmt is an increase of 2.2 mmt over the last estimate. Brazilian farmers have reportedly sold 55% of this year’s soybean crop which is the lowest in the last 10 years. This is not good news for US producers who are looking to plant record soybean acres.
 
Have a Safe Day!
 
Garry Gard
920-348-6844
ggard@didionmilling.com
 

Meetings
None at this time. 



                                    

 

Local Forecast
Cambria, WI
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Monday

Tuesday

Wednesday

Thursday

Friday
High: 67°F
Low: 43°F
Precip: 63%
High: 61°F
Low: 51°F
Precip: 80%
High: 60°F
Low: 47°F
Precip: 80%
High: 67°F
Low: 45°F
Precip: 0%
High: 73°F
Low: 48°F
Precip: 60%
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Local Radar
Cambria, WI
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Welcome

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.

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 17 372'6 377'4 371'6 375'4 3'0 372'4 12:18P Chart for @C7N Options for @C7N
Sep 17 380'0 384'6 379'2 382'6 3'0 379'6 12:18P Chart for @C7U Options for @C7U
Dec 17 390'6 395'0 389'4 393'0 2'6 390'2 12:18P Chart for @C7Z Options for @C7Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 17 953'0 961'0 953'0 956'6 3'6 953'0 12:18P Chart for @S7N Options for @S7N
Aug 17 954'2 962'6 954'2 958'4 4'2 954'2 12:18P Chart for @S7Q Options for @S7Q
Sep 17 951'6 960'4 951'6 956'4 4'0 952'4 12:18P Chart for @S7U Options for @S7U
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 17 437'0 442'4 437'0 439'4 4'2 435'2 12:18P Chart for @W7N Options for @W7N
Sep 17 450'2 455'4 450'2 452'6 4'2 448'4 12:18P Chart for @W7U Options for @W7U
Dec 17 472'0 476'4 471'2 473'6 4'0 469'6 12:18P Chart for @W7Z Options for @W7Z
My Custom Markets
Symbol Open High Low Last Change Close Time More

 
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