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Quotes retrieved on January 22, 2019, 08:17:40 AM CST



SLC Commentary

STATELINE COOP GRAIN EVENING COMMENTS 01-18-19

 

Corn: North Burt up 6 @ $3.41

  • The corn market traded higher, in a narrow range. Prices were pressured from lack of fresh supportive news, while SA crop concerns provided underlying support to the corn market.
  • Closes: March at $3.81 ¾, up 1 ¾ cents, July at $3.79 ½, up 1 ¾ cents and December at $4.03 ¾, up ½ cent.
  • Brazil’s corn harvest in their center south area is at 1%. Harvest has been delayed from rain events.

Soybeans: up 9 @ $ 8.19

  • The soybean market traded higher on renewed strength in the meal market and SA crop concerns.
  • Brazil’s bean harvest is estimated at 6.1% on drier weather in their top producing state of Mato Grosso.
  • Closes: March at $9.16 ¾, up 9 cents, July at $9.42 ½, up 8 ½ cents, and November at $9.55 ¼, up 7 ½ cents.
  • No serious changes for SA over the weekend. Brazil has seen some rain events while there are still dry spots around and Argentina appears to be stuck under the rain clouds for a few more days.

 

 

 

 

 

 

 

 

 



Forecast
Burt, Iowa (50522)
Current Conditions Fog
Temperature 19°F
Dew Point 19°F
Pressure 29.93 in. Hg
Humidity 100%
Wind 5 mph
From Southeast


Forecast