Cambria Plant 920-348-5868

Market Commentary
 January 17, 2017
 
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:
 

 
 
 
 
Have a Safe Day!
 
Garry Gard
920-348-6844
ggard@didionmilling.com

Meetings

2/2/17 - 2/3/17  Corn Soy Expo
3/9/17 Columbia County Corn Growers Meeting




                                    

 

Local Forecast
Cambria, WI
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High: 33°F
Low: 32°F
Precip: 39%
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Local Radar
Cambria, WI
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Radar
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Welcome

Receiving Hours
 
Monday - Friday  By Appointment Only 

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
Mar 17 359'0 366'4 358'4 365'2 7'0 365'4s 05:16P Chart for @C7H Options for @C7H
May 17 365'4 373'4 365'2 372'4 7'2 372'6s 05:08P Chart for @C7K Options for @C7K
Jul 17 372'6 380'4 372'4 379'6 7'4 380'0s 05:12P Chart for @C7N Options for @C7N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 17 1054'0 1075'4 1052'0 1067'4 23'0 1069'2s 05:17P Chart for @S7H Options for @S7H
May 17 1061'0 1084'2 1061'0 1076'4 22'4 1078'0s 04:47P Chart for @S7K Options for @S7K
Jul 17 1066'0 1088'6 1066'0 1082'2 21'6 1083'2s 05:02P Chart for @S7N Options for @S7N
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Mar 17 426'4 437'4 423'6 433'6 7'4 433'4s 05:06P Chart for @W7H Options for @W7H
May 17 440'0 451'2 437'4 448'6 8'4 448'2s 04:45P Chart for @W7K Options for @W7K
Jul 17 455'0 465'6 452'2 463'6 8'4 463'2s 05:00P Chart for @W7N Options for @W7N
My Custom Markets
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