. Connection Central Connection Central has been restored.
PHONE TEXTS or EMAIL ALERTS: Contact your local elevator to receive location specificinformation. It is the quickest,most up-to-date information (ie. hours of operation) about your delivery location.
PREHARVEST SALES for 2015 Crop: If that sounds good to you, call your "Settlement Elevator" to learn the details! Current offerings include: AgriVisor Insight, CHS Compass, Average Pricing, and Option Based Contracts. As always "Offers" are a very good way to manage both your time and your marketing.
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.
Overnight the markets traded mixed, starting out trading lower but then firmed back up this morning on good domestic demand for soybeans meal, and good export demand for soybeans. Currently corn is trading unchanged to 1 higher, soybeans 1-3 higher, and wheat 1-2 higher. The outside markets are mixed with crude oil trading higher, gold lower, and the dollar lower.
IN OTHER NEWS:
Thursday, October 23rd, 2014 · Argentine Economy Ministry authorized 400,000 MT of 13/14 wheat export licenses and 500,000 MT of corn. Talk yest of 2 mmt of 14/15 licenses, but they weren’t announced overnight (yet?). · Euronext said they will change contract specs on milling wheat futures contracts starting Sept 2017. They will include minimum protein content of 11%, Hagberg falling numbers of a minimum 220 seconds. · Somar saying Brazil’s main center south coffee, sugar and grain belts will see wide spread rains on Oct 28th. Sugar and coffee areas are expected to see roughly 2” rains with Mato Grosso to see up to 100 mm (4” rains) over the next 2 weeks. · Israeli buyers reportedly bought 5,000 MT of wheat from Ukraine for Nov shipment. 11.5% pro traded at $246/ton C&F. · CIARA-CEC Grains Export Industry Chamber said that they see Argentina grain exports at $5.7 bil in 4Q, an increase of 42.5% Y/Y. · US frozen pork belly stocks were 33.811 mil lbs as of Sept 30th vs 45.562 mil on 8/31; frozen beef stocks were 373.344 mil lbs vs 346.556 mil lbs on 8/31; frozen chicken stocks were 614.290 mil lbs vs 628.619 mil lbs on 8/31 · Turkey says dry weather cut their 2014 domestic wheat production by 14% to 19 mmt with barley production off 20% at 6.3 mmt. Turkey saw its driest weather in 13 years. · USDA Attache raised Mexico corn production to 23 mmt vs 22.5 mmt previously. · Japan bought 109,715 MT of food wheat from the US and Australia in a regular tender · Taiwan flour millers tendered for 41,250 MT of US wheat · USDA reporting 419,000 MT of beans to China and 113,000 MT of beans to unknown for 2014/15 yest. · Dalian Closes: Corn (Jan): $9.69 (UNC); Soybeans (Jan): $19.89 (-$0.04) · Fall Crop Insurance Discovery Price (Average of CZ and SX during Oct): Corn: $3.42; Soybeans: $9.43
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.