A swath of moderate to locally heavy rain is in store for the southern and eastern Midwest Tuesday, focusing on the Missouri Bootheel and Ohio Valley. We'll see a drier trend in the remainder of the primary U.S. and Canadian Prairies crop regions. Temperatures will be mild in northern and central areas, and hot in the southern sections. This combination is mostly favorable for crops; however, recently-hot conditions are diminishing soil moisture in the Southern Plains for wheat planting. » More DTN Weather Commentary
Posted at 5:53AM Tue Sep 2, 2014 CDT
Quote of the Day
"Honesty transcends age. Honesty is who we are and what we do and if you stay around long enough, you get the last laugh."
Daily market commentary in both the video and print form: CHS Hedging Inc (formerly Country Hedging) Highlights - https://www.chshedging.com/
North Central Grain News
7/21 til harvest starts: 8:00 AM - 5:00 PM
Labor Day Holiday - Bisbee Main Office is closed.
Terminal will be receiving grain for harvest weather permitting.
Due to the presence of high Vomotoxin in this year's winter wheat, North Central Grain is pulling its HRW bid and will not be receiving anymore winter wheat at this time. Growers will need to bin the winter wheat as there is currently no market for high vomo winter wheat. We will continue to search for options and markets to deliver to. We are advising that growers contact their crop insurance agents to discuss their options. We apologize for this inconvenience.
Thank You Sean Slowinski
Bisbee Terminal Construction Update 8/4/14 Marquette Systems has installed the new conveyors over the west 8 pack and the 2 - 300K silos. This week, they will finish the transitions into the bins on the west 8 pack and will begin installing the conveyors over the east 8 pack. Hope Electric is back on site to begin wiring the new conveyors and gates. This should hopefully be completed in a couple of weeks and be ready to use by the time harvest hits full swing! The new scale & building is just about complete with the exception of some grading and some drainage that we hope finish up this week.
Please call the terminal, 701-656-3266, before hauling to make sure we are able to take grain.
Thank You for your patience.
Use the box lower right to have the futures and daily cash prices texted to your phone. Text Message Address is your cell phone # - digits only.
Website Cash Bids for Spring Wheat, Winter Wheat, and Soybeans update during the night time trading hours of 6:00 pm to 7:15 am on a 10 minute delay quote. The Cash Bids reset the following morning.
All indications point to a large global wheat crop this year. The most recent USDA report forecast global production at a record 716.09 million metric tonnes, up almost 11 mmt or 1.5% from last year's crop. Sounds bearish? Perhaps not so.