IMPORTANT NOTICE

The Annual Member meeting has been postponed

All Director ballots received at the main office by 3/19 at 10am will be counted at the regularly scheduled monthly board meeting.

Edwards Market Thoughts

4/3/20 8:00am 

Soybean export sales picked up for the third straight week this week at 35.2 million bushels, up from 33.2 mbu the week prior and an 11.1 mbu bottom three weeks ago, though still less than half the comparable week last year. That LY total was the last big number for ‘18/19, however, with weekly sales averaging less than 9 mbu per week here on out. ‘19/20 sales would have to average 23.5 mbu per week from next week through August to meet the USDA’s current estimate for a 77 mbu.

Funds credited with selling 10K contracts yesterday bringing their net short to 156K contracts. Soybean selling guessed at 5K making their net short there 23K.

April WASDE Supply Demand report next Thursday. Tweaking demand numbers for this report.

Brazilian real making another new low against the US dollar.

Rains and mixed precip were scattered over the past 24 hours and remain so in the Midwest this morning; precip will continue to move through today and tomorrow and again early next week, with extended maps varied but favoring the wet side. Temp forecasts are definitely trending cooler into mid-April.

                      

Local Weather
Weather radar map

Sioux Center, Iowa (51250)

Current Conditions: Cloudy
Temperature: 27°F Dew point: 25°F
Humidity: 93% Pressure: 30.25 in. Hg
Wind: mph From:

Forecast

Friday
Weather condition
Hi: 40°
Lo: 22°
Saturday
Weather condition
Hi: 50°
Lo: 35°
Sunday
Weather condition
Hi: 60°
Lo: 46°
Monday
Weather condition
Hi: 67°
Lo: 47°
Tuesday
Weather condition
Hi: 65°
Lo: 40°

Zip Code:

© 2020 Freese-Notis Weather

Siouxland Cash Bids
Name Delivery End Basis Cash Price Futures Price

View all cash prices...
Quotes retrieved on April 03, 2020, 02:26:01 PM CDT
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Industry News

Click on the link below to find encouraging industry information that we would like to share with the supporters of both our company and the renewable fuels industry - 

http://www.ethanolproducer.com/articles/16668/ethanol-producers-need-to-reduce-their-ci-scoreundefinedand-quickly

Siouxland

Corn Receiving Hours

Administrative Office Hours 

7:30am-4:30pm

Our offices will be closed to visitors until further notice.

 

 

Letter to President Trump!

  

Tuesday, December 10, 2019

Time is running out, and we need to YOUR help TODAY.

America’s Renewable Fuel Standard (RFS) is critical to revitalizing struggling farm economies, reducing our dependence on foreign oil, and protecting the climate. But Environmental Protection Agency (EPA) exemptions to oil companies have destroyed demand for billions of gallons of U.S. biofuels. President Trump vowed to restore lost gallons, but the current EPA proposal only accounts for a fraction of the demand destroyed by the agency’s unprecedented use of oil refinery waivers. We MUST demand action NOW before it’s too late.

https://fuelsamerica.org/call-president-trump-restore-biofuels-protect-rfs/

Join us TODAY in calling on President Trump to take action now to reopen biofuel plants and revitalize markets for America’s farmers.

Thank you in advance for your continued support.

Growth Energy

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Commentary
Ag Market Commentary -

Corn futures are down by as much as 5 1/4 cents in the front months. Private exporters reported a sale 567,000 MT of corn to China. Delivery for the

Corn Futures Lower on Friday -

Corn futures are down by as much as 5 1/4 cents in the front months. Private exporters reported a sale 567,000 MT of corn to China. Delivery for the

Cotton Market Higher at Midday -

Cotton is up 68 to 96 points on Friday trading so far. The dollar is stronger, and equity futures are modestly lower. Census data for February

Wheat Market Regaining Losses -

After closing 5 to 11 cents lower on Thursday, wheat is trading 5 to 6 cents higher so far on Friday. SRW wheat futures are 6 1/2 cents higher in

Cattle Market Sliding Lower -

After falling by the expanded limits on Thursday, the front month futures are down another $0.45 to $3.87. April options expire today, with a huge

Soy Market Trading Lower at Midday -

Midday trading in the soy market has May beans 7 1/2 cents lower, while the other front months are trading with 4 to 6 1/2 cent losses. Soymeal

Full commentary...


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