Siouxland Energy Cooperative

Edwards Market Thoughts

9/16/2021 8:00am

Corn was slightly higher overnight on continued combination of technical buying, buying from S. Korea and light selling from US farmer yet.

Corn market pulled back after US weekly export sales report came out WAY below expectations, see table below. After almost a 40
cents/bu rally since last week's low, the Dec corn for now seems ready for a pause. Additional resistance is expected in CZ toward $5.45-5.50 which triggers a wider area in the Midwest of $5.00 cash corn off the combine to the producer.

Weather forecast stays above normal temps for corn dry down in the Midwest but showers tomorrow and early next week will hamper things a bit.

It will be interesting to see if we are putting in another top in the Dec board prior to combines running. Or will we push higher on some talk of smaller yields our east. Stay tuned!!

Local Weather

Sioux Center, Iowa (51250)

Current Conditions:		Partly Cloudy
Temperature:	61°F	Dew point:	54°F
Humidity:	77%	Pressure:	30.19 in. Hg
Wind:	6 mph	From:	North

Complete weather...

Forecast

Friday
Weather condition

Hi: 75°
Lo: 53°

Saturday
Weather condition

Hi: 79°
Lo: 50°

Sunday
Weather condition

Hi: 86°
Lo: 67°

Monday
Weather condition

Hi: 80°
Lo: 55°

Tuesday
Weather condition

Hi: 68°
Lo: 47°

Wednesday
Weather condition

Hi: °
Lo: °

Siouxland Cash Bids

Name	Delivery End	Basis	Cash Price	Futures Price

View all cash prices...

Quotes are delayed, as of September 17, 2021, 10:30:51 AM CDT or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

SIGN UP HERE TO GET SIOUXLAND MARKET UPDATES

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

Monday-Friday

7:30-4:30

SEC is offer Free Storage on old crop corn. Free Storage will run from today till Nov 1, 2021. Bushels must be sold prior to Nov 1st.

The Free DP is on a limited amount of bushels so first come first serve basis.

Any Questions contact Tom at SEC

Email/Text Sign Up

Click here to complete the Email/Text Sign Up form to recieve the most up to date information on marketing opportunities, grain delivery and any other scheduled meeting information.

Driveway Camera

Co Products Traffic

Commentary

Cotton Futures Weaker Amid Technical Consolidation - September 17, 2021

After a red Thursday, cotton markets are slightly in negative territory to start final session of the week. The most active December contract is 7

Soybeans Saw Some Profit Taking Overnight - September 17, 2021

Soybean futures are starting Friday 4 to 7 cents lower, with next summer the weakest due to presumed record Brazilian supplies. November soybean

Wheat Mixed in Early Trade - September 17, 2021

The three US wheat futures markets are ¾ lower to 2 cents higher this morning. SRW futures closed yesterday fractionally mixed to 3 1/2 cents in

Cattle Futures Pull Back as Beef Prices Continue to Slide - September 17, 2021

Fat cattle futures were weaker on Thursday, with 17 to 87 cent losses. Preliminary open interest showed some long liquidation, down 1,810 contracts.

Hogs Post Triple Digit Gains, Basis Relaxes - September 17, 2021

Lean hog futures added triple digits to the upside on Thursday, follow through from Wednesday’s gains. Prices closed $2.15 to $3.20 higher on the

Corn Cautiously Lower Heading Into Weekend - September 17, 2021

Overnight trading has the board 1 to 2 cents lower to start the last trade day of the week. At the settle for Thursday, corn futures were down 3 1/4

Full commentary...