January 20, 2015
Producer Marketing Manager
With the warming temps have you checked your grain stored on the farm? We have seen some cases of farm bins heating up and causing some damage.
CORN: As of 7:45 – Down 3
Lower futures markets following the 3 day MLK weekend. Export inspections will be released this morning at 10 am CST.
SOYBEANS: As of 7:45 – Down 7
Continued weakness to start the week. Some follow thru from the China cancellations late last week? Conditions look good in Mato Grosso Brazil with moderate temps and ample chances for precip.
WHEAT: As of 7:45 – Steady to Down 1
Steady overnight in the wheat markets. Russia’s export ban is to take effect on Feb 1st.