CORN RECEIVING
Monday through Friday 7:30-6:00
Saturday, October 5th 8:00-5:00
SEC is offering Free Price Later through Sept 27, 2024
Call for Details!
2024 Images.pdf 2024 Route.pdf 2024 - 3 year history.pdf 2024 County Precipitation.pdf
Upbove attachments are the results of our 2024 crop tour. Starting out the day I would have thought the yields would have been bigger given the favorable growing conditions.
A few items stood out this year:
1) There was adequate moisture in every field.
2) We typically have 1-2 corn on corn fields we survey, this year we had 7.
3) There will be a lot of variability in the fields when harvest begins.
4) Harvest will more than likely be late. Most of the corn had not started to dent or was just denting.
I want to start out by thanking Derrick again for a great job of putting this crop information together for us to send out to you! I would have to agree with Derrick on the thoughts of seeing bigger yields. I would say we could find a bad area in a lot of the fields we were in, so I agree variability will defiantly play into yields across each of these fields. As Pro Farmer crosses the grain belt on their tour they are also seeing areas that are lower then expected, but the areas that are good are really good. Not only do we have plenty of old crop corn around we are going to have a more then adequate new crop coming, so I wouldn’t expect a big move higher in futures anytime soon.. Typically we put the lows in sometime between now and Oct 1st, with the question being what is the low going to be? ( Chart below is the 20 year seasonal chart for the highs and lows ) In the last couple trading weeks the corn market has really flattened out and stayed in a pretty tight trading range. I would look for the same to continue or possibly drift a bit lower yet. If we can get the Dec to close above $4.00 on the board, we could maybe hope to see a bounce back to $4.15 - $4.25 Dec futures. Please call Derrick or I if have any question of concerns.. Have a Safe Harvest Season! Tom
Please click on the link below to read about SEC announcement!
Continuum Ag and Siouxland Energy Cooperative
Announce Collaboration to Explore 45Z Tax Credits - Continuum
SEC sells ethanol into Canada and the Canadian Government has requirements that we need to meet. One of them is tracking where the corn we are using to make their gallons is coming from and that it meets the Canadian Clean Fuel Requirements (CFR). We will need to gather GPS coordinates of one of the fields that you currently farm so we can put those coordinates in your account and meet the requirements of the CFR. If you farm in other states, we would need a GPS coordinate on one field from each state that you farm in. We can use street addresses to get this information or a plat book township with section number info. Once we receive this information from you, you will see longitude and latitude information added to your grain contracts below your name and address. Lastly, there will be some additional verbiage on our contracts to meet the CFR requirements.
Please access the survey at https://forms.gle/RnST43AgDxbhegE47
Educational Material Links to
Iowa Corn Check Off | Iowa Corn Growers Association | Biofuel | Livestock Feed | CCS
WHAT WE DO
Siouxland Energy was formed to build, own, and operate an ethanol plant near Sioux Center, Iowa.
The ethanol produced from corn is sold for blending with gasoline as an octane enhancer and as a fuel. In 2007 Siouxland Energy completed an expansion project that increased production capacity to 60,000,000 gallons annually.
Within the last couple of years, Siouxland Energy has completed several debottlenecking and carbon intensity projects that allow the production of a low carbon fuel at a production pace of 70,000,000 gallons per year.
WHO WE ARE
Siouxland Energy Cooperative is owned by 395 farmer members and is a closed cooperative. We are located in the northwest corner of Iowa, just west of Sioux Center. Sioux Center’s growth and modernization has been steady through the years, with the population growing to about 7,579 residents, according to the U.S. Census Bureau. Ideally located in northwest Sioux County, Iowa, Sioux Center is close to Interstates 29 and 90, allowing business and industry to continue to expand. Agriculture is the root of Sioux Center and strongly supports the rural population with ag-related businesses like ours.
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