Grain Prices

July 28, 2014 Leave a comment


-Overnight corn & beans are higher with mostly dry weather for the next 1-2 weeks in the forecast

-Continue to watch for export business announcements from the USDA & weather forecasts. Currently they are calling for dry & cool, if it heats up and stays dry we may be able to extend the overnight rally a bit more this week.

 

Markets as of 8:34am 7/28/14

Corn +3 @3.66

Dec Corn +3@3.74 ¾

 

Beans +11 ½ @ 12.23 ½

Nov Beans +13 @ 10.96 ¾

 

Strategy: Consider placing 2014/2015 new crop “orders” at higher levels to capture future rally’s and reduce your marketing risk.

 

 

For more information, contact:

 

Greg Mockenhaupt

Risk Management Consultant

Central Valley Ag – ProEdge

1007 County Road O

Oakland, NE 68045

Office: 402-685-5613

Cell: 402-380-9855

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I am a graduate of Northeast Community College with a degree in journalism. I am married to Jeff Gilliland. We have two grown children, Justin and Whitney and four grandchildren, Grayce, Grayhm, Charli and Penelope. I will be covering Lyons, Decatur, Bancroft and Rosalie and am hoping to expand my horizons as time progresses!

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