Grain Market Report

February 9, 2015 Leave a comment


Markets 2/9/15 @ 10:13am:

Corn +5 ¼ @ 3.91

Beans +4 ¾ 9.78 ¼

 

Political:

The steelworkers strike appears to have worsened over the weekend as well with another 1,440 workers walking out of BP refineries in Ohio and Indiana. We now have about 13% of US refining capacity being impacted by the labor strike in the energy sector. Rumors are Shell has now officially walked away from the talks, which could cause the strike to spread to even more plants.

 

Market Info:

A mixed trade so far this morning as weather remains mostly favorable, South America seeing rains over the weekend with more forecasted this week.

–          Exports: USDA announces the sale of 120,000 MT of beans to China for 14/15 marketing year.

–          The USDA Crop Report is tomorrow at 11am.

–          Goldman roll continues this week, if you plan to roll any HTA’s it’s a good time to place the order.

 

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

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Unknown's avatarAbout katcountryhub
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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