If you are a SLC member and are interested in running for the Board of Directors, please contact Renee at our main office at 515-924-3555.
SLC Coronavirus Plan - November 11, 2020
Due to the recent increase of the coronavirus cases in the area and within SLC the following actions will be implemented to minimize employee and customer exposure.
The above policy will take effect today and remain in place until further notice. This policy will be reviewed on an as needed basis.
Stateline Morning Comments November 23TH 2020
Corn Up 3 @ 4.00
Friday’s Cattle On Feed report showed the number of head On Feed was up 1.3% from a year ago, the highest for November 1st since records have been kept. But Placements were down 11% from last year and favored lightweights.
Speculative funds reduced their net long position by about 13k contracts last week, but Index funds increased their net long position by about 14k.
December corn traded to $4.29 ¾ in overnight trade, a new contract high.
USDA announced on Friday morning export sales of 131tmt to Unknown and 158.27tmt to Mexico.
Beans up 10 @ @ 11.25
There was smaller than expected rains in Brazil over the weekend. Some scattered showers are expected this week in both Brazil and Argentina, but amounts are forecast to be light.
January soybeans touched $12 in overnight trade, a new contract high; the remainder of 2021 contracts also made new highs.
China’s Dalian soybean futures were up 39 cents in overnight trade, nearing last week’s contract highs.