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 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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