Grain Markets and Christmas Trivia

Markets 12/22/14 @ 9:48am

Mar Corn + 3 ½ @ 4.14

Mar Beans +2 ¾ @ 10.41 ¼

Markets open with an easier tone, low trade volume expected for the holiday week.  Low volume can mean more volatility which at the end of the day may provide some opportunities to fill orders for either old crop or new crop sales.  If you have a number in mind, it may be worth placing an order.

Informa numbers were released last week Corn Acres 88.01 (-2.875 from ’14) Bean Acres 88.78 (+4.496 from ’14)

Corn –Sygenta said it has received approval from China’s regulatory authorities for imports of its MIR162. The approval covers corn grain and DDG’s. Crude oil continues its downward trend, which has long term implications on the profitability and demand for ethanol.

Beans – Opened in negative territory this am, but bounced back.  Demand remains strong, but trade continues to be volatile.  The holiday week may provide some opportunities.

Christmas Trivia – Who doesn’t love the Grinch, how well do you know him?

1. Where did the Grinch live?

2. While Stealing the Christmas tree, the Grinch was caught in the act by a small who….what was her name?

3. After the Grinch realized he didn’t ruin Christmas, how much did his heart grow that day?

Answer key (no cheating!)

1. Just north of Who-ville
2. Cindy-Lou Who
3. 3 Sizes!

Greg Mockenhaupt

ProEdge Risk Management Consultant

P: (402) 685-5613 | C: (402) 380-9855 | Greg.Mockenhaupt@cvacoop.com

1007 County Road O

Oakland, NE 68045

www.cvacoop.com