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
Effective 9-18-14 North Central Grain will be cash or contract only on Canola. We will also be establishing individual station prices.
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.
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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.
Analyst David Hightower thinks the next two months will be ugly for the corn and soybean markets, but he's a little more optimistic about six-month timeframe. He also stressed that the low in the corn market will come before the low in the bean market. He thinks demand will be stronger than people think.