Offering fall price later at 2 cents per month service charge. Price can be set anytime before June 30th, 2018. Give Roger a call if you have any questions.
USDA came out with their September numbers. An increase of .4 bpa on corn and .5 bpa on beans was a little suprise to the trade as many thought with the dryness experienced in August the USDA numbers might fall. The market shook off the report fairly quickly and is now focusing on exports and waiting for true harvest results. I think we may have found support around $3.50 on December futures. Funds are short so hopefully we can bring them back into this market at some point this fall. It will more than likely be a slow go until the crop is in the bin. Have a safe harvest.
That being said, you might want to look at the carry in this corn market at get some corn sold if you are comfortable with your production or have crop insurance. These prices trade fast and it's easier to sell on the way up than it is the way down. Remember there is plenty of old crop corn, feed wheat and world wide competition out there.
Remember as you are drying corn this fall our max moisture is 15.5%.
Click on the "Cash Bids" link below to see our current cash prices.
Central and eastern U.S. and Canadian Prairies will be dry, warm and windy today. Areas of Texas will see light rain and areas of the Northwest will see rain and snow. » More DTN Weather Commentary
