Friday will bring rain to several areas. Southern Texas and the interior Pacific Northwest will see some, and areas of the eastern Midwest will see some rain and possibly snow. » More DTN Weather Commentary
Posted at 2:51PM Thu Oct 30, 2014 CDT
Quote of the Day
"A little nonsense now and then, is cherished by the wisest men."
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
Effective 9-24-14 North Central Grain will reinstate delayed pricing on Canola.
We have also established 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
Vomotoxin over 2% in Spring Wheat and Winter Wheat is subject to discounts.
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.
We haven't seen many limit up or limit down moves in the grain markets lately, even after USDA reports. The record corn and soybean harvests are a supply factor that's hard to outweigh. And as prices have fallen, so shall the daily futures price limit.