FRAUD ALERT: We have received reports of customers getting phone calls by someone claiming to be a representative of a grain company, asking for banking information to resolve a payment discrepancy. Please, for your own security, never give this information out unless you know the person you are talking to.
FREE PRICE LATER :
now available (through 8/31/15) on corn and beans delivered out of your bins on space available basis. Call your local elevator for details . GRAIN DELIVERIES TO DILLSBURG are limited due to construction. Please call Shane Drayer at 217 280-0851 or Frank Sylvester 217 369-1531 for details.
PLEASE BE AWARE: Premier is not accepting Duracade® corn grown in 2014.
Overnight the markets traded mostly firmer on an oversold market. Currently corn is trading mixed to a little lower, soybeans 8-10 higher, and wheat 3-6 higher. The outside markets are weaker this morning with crude oil trading lower, gold lower, and the dollar higher.
IN OTHER NEWS:
Tuesday, July 28th, 2015
Ukraine's grain export from its Black Sea ports are likely to fall to 32.8 million tonnes in the 2015/16 season from a record 34.6 million tonnes a season earlier, analyst UkrAgroConsult said on Tuesday.
Chinese demand for Australian sorghum has slowed so far this season, bulk grain handler Graincorp Ltd said, raising concerns that Beijing may plan to implement a tariff to limit soaring import volumes. Chinese sorghum imports are expected to fall as much as 30% in 2015/16, with buyers reluctant to place fresh orders amid speculation Beijing may cut the domestic corn price, lowering the incentive to buy sorghum.
South Korea's Major Feedmill Group (MFG) purchased 139,000 tonnes of optional-origin corn in a tender which closed on Tuesday. The tender had sought corn sourced optionally from the United States, South America, South Africa or east Europe.
Syngenta has said a $2 billion break-up fee that unwanted U.S. suitor Monsanto has pledged to pay if its proposed $45 billion merger failed would only apply in limited cases, leaving its shareholders exposed to the bulk of regulatory risks.
US corn conditions improved 1% to 70% G/E vs 75% G/E last year. Corn silking advanced to 78% this week vs 75% last year at this time. Corn doughing advanced to 14% this week vs 15% last year at this time.
US soybean conditions were unchanged at 62% G/E vs 71% G/E last year. Soybean blooming advanced 15% to 71% complete vs 74% complete last year at this time. Soybean pod setting advanced 17% to 34% complete vs 35% complete last year at this time.
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.