Quotes retrieved on September 22, 2018, 11:12:37 PM CDT

SLC Commentary



Corn: North Burt up 5 @ $3.05

  • The corn market traded higher, bouncing back from recent contract lows from end-user buying and fund short covering.
  • The US maintains its place in the world market with today’s announcement of a 122k tonnes sale to unknown destinations for 2018-19.
  • Closes: December at $3.57 ¼, up 4 ¾ cents, July at $3.83 ¼, up 4 ¼ cents and red Dec at $3.93 ¾, up 3 ½ cents.
  • Weather forecast suggest a drier pattern developing over the weekend and into next week, with temperatures a bit cooler.
  • The USDA Cattle on Feed report for August showed on feed Sep 1 at 106% (105.4%), August placements at 107% (104.4%) and August marketings at 100% (100.4%).

Soybeans: down 3 @ $ 7.47

  • The soybean market traded lower on profit taking as the focus switches back to what looks to be a huge US soybean harvest and the ongoing spat between the US and China.
  • Closes: November at $8.47 ¼, down 3 cents, July at $8.97 ¾, down 2 cents and red Nov at $9.12 ½, up ¾ cent. Products were mixed with meal down 5-6 bucks and oil up 49 points.
  • Brazil’s soybean plantings are at 1.9% complete versus less than 1% this time last year
  • The market awaits next week’s USDA Small Grains Summary and Sep 1 Grain Stocks on September 28th at 11 AM CDT. 





StateLine Cooperative is inviting all customers to attend any of the    

     Town Hall Meetings being hosted by SLC CEO Bill Beukema.


  • Discuss year end financials
  • Examine global economics and Domestic related ag issues
  • Crop year 2019 looking forward
  • Question and answer from the floor

Meeting schedule

September 24     9:00 a.m.   Buffalo Center Heritage Town Center

                                           201 2nd Ave. SW Buffalo Center, IA        

September 25     9:00 a.m.  Armstrong Community Center

                                          519 6th Street Armstrong, IA

September 25     1:30 p.m.   Cylinder Heritage Center/ Town Hall

                                           East of Post Office on 1st Street

September 27     9:00 a.m.   Burt Community Center

                                           401 1st Street Burt, IA  (under Water Tower)

Burt, Iowa (50522)
Current Conditions Clear
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Pressure 30.07 in. Hg
Humidity 80%
Wind 9 mph
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