Markets have opened higher after the three day break. Corn is up 4 and soybeans are up 15. Too much moisture from recent rain events in central Argentina have delayed corn planting (currently 91% complete). Analysts estimate 10% or more of Argentina soybean growing region could be effected by the excess rain. Excitement around South American weather this time of the year is nothing new. Every year after we get thru the USDA January Production and S&D report, traders look for something to talk about. While there are areas in Argentina that are too wet and areas that are too dry, this news will not move the markets significantly higher and will not be long lived. This news does provide producers an opportunity to make cash and new crop sales at some very attractive levels. $3.50 old crop corn and $3.75 new crop corn sales are within range and should be sold when the opportunity is presented. Interesting chart for those that think Wisconsin’s corn and soybean production doesn’t matter:
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.