Cambria Plant 920-348-5868
 


 

Market Commentary
 May 22, 2015
 
Good Morning,
 
The markets are trading slightly lower in corn and soybeans this morning which is what I expected heading into the extended weekend. Forecasts for heavy rains in the Plains is added support to the wheat markets yesterday which has spilled over into the corn and soybean markets. Concerns over wheat quality have led traders to cover some of their short positions. The Midwest weather outlook is still very positive which will keep pressure on corn and beans despite any negative weather news in the plains.
Yesterday’s short covering rally led to a lot of producer grain sales across the Midwest which has weakened basis in several areas this morning. I think basis will continue to weaken as producers are now out of the fields and will be opening up the bins to move grain. Old crop sales should continue to be made on these small rallies. Opportunities to sell new crop corn for March, April and May of 2016 can be made in the $3.90-$4.00 range and should be done. These are profitable levels and are well above current cash prices which could very well be seen next year if things don’t change.
 
 
Have a Safe Memorial Day weekend!
 
Garry Gard
920-348-6844
ggard@didionmilling.com

Traits
                                     
 
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.       
 
 


Welcome


 
Grain Receiving Hours 

We will be closed on Monday 5/25/15 in observance of Memorial Day!
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.

Local Forecast
Cambria, WI
Chg Zip:

Friday

Saturday

Sunday

Monday

Tuesday
High: 68°F
Low: 41°F
Precip: 0%
High: 72°F
Low: 43°F
Precip: 0%
High: 65°F
Low: 54°F
Precip: 80%
High: 74°F
Low: 57°F
Precip: 80%
High: 77°F
Low: 62°F
Precip: 63%
View complete Local Weather

Local Radar
Cambria, WI
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Radar
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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 15 364'0 367'6 359'6 360'2 -5'0 360'0s 03:58P Chart for @C5N Options for @C5N
Sep 15 370'2 374'0 366'2 366'6 -4'6 366'6s 01:30P Chart for @C5U Options for @C5U
Dec 15 381'4 384'6 377'0 378'0 -4'4 377'6s 01:30P Chart for @C5Z Options for @C5Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 15 938'0 942'4 922'6 925'2 -14'2 924'2s 03:26P Chart for @S5N Options for @S5N
Aug 15 929'2 933'6 915'0 916'2 -13'4 916'2s 01:30P Chart for @S5Q Options for @S5Q
Sep 15 918'6 924'4 906'4 908'0 -12'6 907'4s 02:49P Chart for @S5U Options for @S5U
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 15 521'4 529'0 511'0 514'4 -6'6 515'2s 01:30P Chart for @W5N Options for @W5N
Sep 15 529'0 536'4 518'2 522'4 -6'4 523'0s 01:30P Chart for @W5U Options for @W5U
Dec 15 542'0 549'6 532'0 536'4 -5'4 537'0s 01:30P Chart for @W5Z Options for @W5Z
DJ - DJ INDUSTRIAL AVERAGE - CBOT
Month Open High Low Last Change Close Time More
Jun 15 18240.00 18260.00 18195.00 18213.00 - 34.00 18224.00s 03:16P Chart for DJ5M Options for DJ5M
Sep 15 17617.00 215.00 17617.00s Chart for DJ5U Options for DJ5U
Dec 15 17527.00 215.00 17527.00s Chart for DJ5Z Options for DJ5Z
My Custom Markets
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