Cambria Plant 920-348-5868
 


 

Market Commentary
 January 28, 2015
 
Good Morning,
 
The energy markets are weaker this morning with crude oil trading near the $45/barrel range. This along with weakness in the soybean markets due to Chinese cancellations of soybeans due to South American production and cheaper prices is going to continue to pressure all commodities.
We are testing the 100 day moving averages in old and new crop corn this morning. If we manage to close below $3.78 in the March contract and $4.08 in the December contract, we could see a 15-20 cent break in the markets before finding any support. The funds have been long corn for some time and are currently long 170,000 contracts which makes this an easy sell if prices break below the current support levels.
I would advise producers to get old crop sales on the books at current levels and continue to get some new crop sales on in the $4 or above range. We have time and opportunity for new crop to find strength, but I feel that old crop is going to struggle to move. Delayed planting, less acres, bad summer weather are all market movers, but they are movers of the new crop and not the record 2014 crop that is stored in bins.  
 
Don’t forget to visit us in booth 210 at the Corn Soy Expo January 29th and 30th.
 
Have a Safe Day!
 
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
 
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:

Wednesday

Thursday

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Sunday
High: 33°F
Low: 19°F
Precip: 0%
High: 33°F
Low: 20°F
Precip: 30%
High: 24°F
Low: 12°F
Precip: 0%
High: 31°F
Low: 15°F
Precip: 20%
High: 24°F
Low: 13°F
Precip: 60%
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Local Radar
Cambria, WI
Chg Zip Code: 
 
Radar
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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 15 380'6 381'4 373'0 374'2 -8'0 373'2s 01:30P Chart for @C5H Options for @C5H
May 15 389'2 389'6 381'2 382'2 -8'2 381'4s 01:30P Chart for @C5K Options for @C5K
Jul 15 396'6 397'0 388'6 389'6 -8'0 389'0s 01:30P Chart for @C5N Options for @C5N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 15 972'6 977'6 966'2 970'0 -3'4 970'2s 01:30P Chart for @S5H Options for @S5H
May 15 980'4 984'4 973'6 977'2 -4'0 977'2s 01:30P Chart for @S5K Options for @S5K
Jul 15 985'6 990'0 979'4 982'2 -4'0 983'0s 01:30P Chart for @S5N Options for @S5N
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Mar 15 519'0 520'4 503'0 505'2 -13'6 505'2s 01:30P Chart for @W5H Options for @W5H
May 15 523'6 524'4 507'4 510'4 -12'6 510'2s 01:30P Chart for @W5K Options for @W5K
Jul 15 528'2 530'0 514'0 516'0 -12'6 516'0s 01:30P Chart for @W5N Options for @W5N
DJ - DJ INDUSTRIAL AVERAGE - CBOT
Month Open High Low Last Change Close Time More
Mar 15 17355.00 17410.00 17260.00 17290.00 - 88.00 17378.00 01:53P Chart for DJ5H Options for DJ5H
Jun 15 17300.00 - 241.00 17304.00s 01/27 Chart for DJ5M Options for DJ5M
Sep 15 17214.00 - 241.00 17214.00s 01/27 Chart for DJ5U Options for DJ5U
Dec 15 17124.00 - 241.00 17124.00s 01/27 Chart for DJ5Z Options for DJ5Z
My Custom Markets
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