Grain Prices

June 23, 2014 Leave a comment


Friday saw corn rally 4 cents to end the week with soybeans finishing mixed, with a strong closing 5 minutes ahead of option expiration giving soybeans some follow through Sunday night
-Crop condition ratings should show 1-2% lower good/excellent with some areas underwater, or showing signs of too much water. Weather continues to look good, with chances for rains and a warmup that should aid plant growth
-Monday, June 30th is the USDA quarterly stocks and acreage report, look for some positioning this week
Markets @8:41am today
Corn -4 1/2 @ 4.48 3/4
New -4 1/4 @ 4.47 3/4
Beans +9 1/4 @ 14.25
New +6 @ 12.37 3/4
For more market info call Greg Mockenhaupt at the CVA east hub, 402-685-5613

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Grain Prices

June 18, 2014 Leave a comment


Markets 6/18/14 8:51am

 

 

-June 30th will give us an update on June 1st quarterly stocks, telling us what is on farm & in commercial storage as of June 1st. This will tell us how much actual demand we have had the past quarter

-Overnight markets are higher, with corn+2-3 and old beans +8

 

Corn +1 ½ @4.40 ¼

New Unchanged @ 4.39 ½

 

Beans +14 ¾  @14.13

New +2 @ 12.14

 

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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Grain Prices

June 10, 2014 Leave a comment


-Yesterday corn lost most of Friday’s gains while soybeans finished higher

-Crop conditions came in with corn down 1% at 75% G/E for the US. NE was down 6% due to the hail storm.

-Soybean conditions were 74% Good/Excellent. NE was at 69%.

-Overnight corn is 1-3 higher with soybeans 1-2 higher

-USDA’s monthly Supply & Demand report will be Wednesday at 11:00

 

Markets 6/10/14 @ 8:34am

Corn -1@4.50, New-2@4.48

Beans +7@14.64, New@12.24

 

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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Grain Prices

June 2, 2014 Leave a comment


Overnight markets were weaker with good rains across much of the US growing areas over the weekend

-Friday saw liquidation in corn and a lower close in soybeans to close out the month of May.

-Corn is needing some positive news as currently growing conditions are very good and the crop was planted in a timely manner

 

Markets 6/2/14 8:01am

Corn -4@4.61 ¾ , New -4@4.53 ¾

Beans-5 ½ @14.87 ¾, New -9@12.24 3/4

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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Grain Prices

May 29, 2014 Leave a comment


-Overnight soybeans continue to bounce from their recent drop while corn struggles to get into positive territory

-Weekly Export sales announcements will be out Friday morning, due to Monday’s holiday

 

Markets as of 8:22am 5/29/14

Corn -2@4.70 New crop -2@4.67

Beans +5@15.03, New +5@12.48

For more informations 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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