Corn and soybeans are slightly higher this morning with corn up 3 and soybeans up 8. Look for traders to manage their positions ahead of Fridays USDA report. Harvest progress for soybeans came in at 42% complete which is ahead of the five year average of 32%. Corn came in at 27% complete versus the five year average of 32%. With favorable weather this week we should see soybean harvest progress rapidly which will send more producers to the corn fields by the end of the week. Fundamentally the markets will continue to struggle to gain much momentum with ongoing harvest. Funds are currently long 69,000 corn contracts and short 18,000 bean contracts. Estimates for Fridays report appear to be looking for lower corn and soybean acres along with higher soybean yields and lower corn yields. I personally believe that corn yield will be stable to slightly higher given the reports I have had from producers locally and in Illinois.
Give us a call today to see how you can get $4 corn for delivery in November and December!
Fall Receving Hours Starting Monday, October 5th Monday-Saturday 6 am- 8 pm Sunday 10 am - 5 pm
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.
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.