News

 

March 19, 2020

 

 

Notice to StateLine Cooperative members and customers,

 

StateLine Cooperative understands the importance of doing everything we can to ensure the safety and health of our customers and employees, particularly as we approach a critical time in agricultural production. StateLine also understands the need to maintain business operations to ensure you are able to continue to market grain, order feed and crop inputs in a timely manner.

 

StateLine, like most businesses in the area, are taking additional steps to ensure the safety and health of our customers and employees. This includes eliminating business travel and group meetings, asking employees to self-quarantine when appropriate, and social distancing.

 

In our effort to support social distancing, we are immediately implementing a reduction of access to our offices to help mitigate the risk of spreading COVID-19. We will only allow office visitors who have official business to conduct with our staff.

 

We also encourage you to use the phone, fax, mail, email or other electronic means as much as possible to conduct business with StateLine. We will make every effort to continue to provide you with the products and services you need in a timely manner to maintain your farming operations, while providing for the safety and health of you and our employees.

 

Please monitor our web site for additional information and operational notices regarding the rapidly changing environment we are all working and living within.

 

Thank you for your understanding and support in controlling the spread of the virus.

 

Bill Beukema, CEO

StateLine Cooperative

 



Futures
Quotes retrieved on July 11, 2020, 05:51:15 PM CDT



SLC Commentary

Stateline Morning Comments July 10th 2020

Corn Down 2@ 3.01

  • Corn prices inched higher on forecasts for more intense heat next week and expectations for a reduction in 2020/21 ending stocks after the sharp acreage cut in the June acreage and stocks report.
  • The September struggles to trade at or above $3.50 and December to trade at or above $3.60.

Beans Steady @ 8.46

  • The soy complex was higher overnight on weather forecasts suggesting more heat for next week.
  • August beans struggles to trade at or above $9.00. the overnight high was $9.00 ½ cent and the 200-Day MA is at $9.10.
  • Palm oil closed 9 higher at 2,412 ringgit on inventory reductions.
  • China soybean values were -171/2 cents & +7 cents, meal was up $2.10, and oil was down 30 points.

 



Forecast
Burt, Iowa (50522)
Current Conditions Partly Cloudy
Temperature 79°F
Dew Point 68°F
Pressure 29.91 in. Hg
Humidity 70%
Wind 12 mph
From North


Forecast



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