ATTENTION: Does setting a floor now with UNLIMITED UPSIDE potential, if the market rallies, sound good to you? Call us about the FOUNDATION contract. Kurt- Sidney 688-2307 Tom- Tolono 485-6630 Maynard- Dewey 897-1111
PLEASE BE AWARE: In light of recent developments we have re-evaluated our policy regarding acceptance of corn with traits that are not approved for worldwide consumption. To protect access for all Premier members to all available markets we will NOT be accepting Duracade® corn grown in 2014. A letter was sent to all patrons the week of March 3, 2014 to further explain Premier’s position.
GRAIN FROM BINS Corn & Soybeans delivered now are eligible for FREE DP through Aug 31, 2014
US corn conditions were 76% G/E, unchanged from last week vs 63% last year; corn was 56% silking, up 22% from last week vs 55% avg.
US soybean conditions were 73% G/E up 1% from last week and vs 64% last year; soybeans were 60% blooming, up 19% from last week vs 56% avg.
US spring wheat conditions were 70% G/E, unchanged from last week vs 72% last year.
Winter wheat was 75% harvested, up 6% from last week vs 75% average.
India’s water reservoirs are depleting fast and monsoon rains need to pick up if they are to have enough water to prevent a drop in winter crop output. Rains in India were 15% below average for the week of July 16th, an improvement of the prior week’s 41% shortfall but still 29% deficient since the start of the season in June.
Russian gas flows via Ukraine to the EU are running as normal according to the Slovak pipeline operator.
A Reuters poll of economists found that Brazil’s economy is seen growing less than 1% in 2014 as economists trimmed their forecasts for the 8th straight week.
Argentine grain shipments resumed yest after the port workers suspended their strikes. Unions are threatening to protest again later this week.
Taiwan tendered for 80,900 MT of US origin wheat.
USDA reported a flash sale of 120,000 MT of beans to China for 2013/14 yest
USDA reported a flash sale of 135,000 MT of meal to unknown for 2014/15 yest
USDA Weekly USDA EXPORT SALES Thursday 7/24/2014 @ 7:30 am
HAVE A PREMIER DAY The information contained in this report is believed to be reliable but is not guaranteed to accuracy or completeness by Premier Cooperative, Inc. This report is provided for information purposes only and is not furnished for the purpose of, nor intended to be relied upon for specific trading in commodities here in.
The future prices and elevator bids on this web site are delayed. For the current bids please check with your local elevator.
Premier Cooperative's bids are alway subject to change without notice from this web site.