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

7/1/20 7:45am

USDA reports yesterday got the ball rolling Weather forecast and uncertainly with the bulk of the growing season ahead keeps it going.

Funds credited with buying 30K corn yesterday and brings the two-day total to 60K. Still short an estimated 230K leaving significant firepower.

Surprising corn acreage drop to 92 mln acres (below the lowest trade guess) from 97 mln in June the spark bulls were looking for. Incorporating larger June stocks however mitigates to some extent lower acres.

Report numbers still leaves a new crop corn carryout some shade of near 2.6 bln bu. Not bullish but does take near 8 bpa of a pad away from the risk assessment. The room for a crop problem just got smaller with the bulk of the growing season ahead.

CZ20 against previous 5 years

 

Local Weather
Weather radar map

Sioux Center, Iowa (51250)

Current Conditions: Clear
Temperature: 66°F Dew point: 66°F
Humidity: 100% Pressure: 30.00 in. Hg
Wind: 0 mph From:

Forecast

Thursday
Weather condition
Hi: 88°
Lo: 66°
Friday
Weather condition
Hi: 87°
Lo: 67°
Saturday
Weather condition
Hi: 87°
Lo: 66°
Sunday
Weather condition
Hi: 88°
Lo: 67°
Monday
Weather condition
Hi: 89°
Lo: 70°

Zip Code:

© 2020 Freese-Notis Weather

Siouxland Cash Bids
Name Delivery End Basis Cash Price Futures Price

View all cash prices...
Quotes retrieved on July 02, 2020, 03:32:54 AM 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 to 4:30pm

CLOSED Friday July 3rd for Corn Receiving

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

Driveway Camera
Commentary
Triple Digit Gains for Cotton -

Cotton futures gained 160 to 191 points on Wednesday. Dec and Mar ’21 futures each gained more than 3% on the day. Another 1,367 bales were sold

Ag Market Commentary -

The front month corn futures rally persisted through the Wednesday session. Prices were 8 to 10 1/4 cents stronger at the close. July futures were

Cattle Gain Triple Digits -

Front month futures worked their way higher on Wednesday with gains of $0.85 to $1.77. Feeder cattle futures closed the day higher, after trading

Corn Prices Maintain Rally -

The front month corn futures rally persisted through the Wednesday session. Prices were 8 to 10 1/4 cents stronger at the close. July futures were

Wednesday Beans Push Higher -

Soybean futures closed the Wednesday session with gains of as much as 18 3/4 cents. Jan beans were up 2.12% on the day, but the other front months

Hogs Lower after Wednesday Contracts -

The lean hog market traded lower on Wednesday. October hogs were down the most on the day with a triple digit drop. August lean hog contracts were

Full commentary...


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