Whether it’s an update on your equity, safety tips to use on your farm, or news about what’s going on in each division, we believe it’s important to keep you current on what’s happening in your cooperative.
The January WASDE provided a few fireworks last week. 2022 harvested acres dropped from 80.8 million acres to 79.2 but yield went up 1 bushel per acre to 173.3. This resulted in a nice spike in corn futures back to the 6.75 range. Old crop…
Continue ReadingMarket Recap We have continued to see a basis push for Sept corn as old crop stocks in Central Nebraska have remained low and local…
Continue ReadingThe January WASDE provided a few fireworks last week. 2022 harvested acres dropped from 80.8 million acres to 79.2 but yield went up 1 bushel per acre to 173.3. This resulted in a nice spike in corn futures back to the 6.75 range. Old crop futures have now traded in the 6.50-7.00 range for all…
Continue readingIn the last 30 days, we have seen December corn futures trade approximately a 50 cent range. We tested the $7.00 resistance level for several days but we were not able to close above that mark. The market has since traded below the 200 day moving average but the 100 day moving average held support…
Continue readingA quick market update, futures levels have been sideways over the last month with yields in both corn and beans coming in as expected. The October USDA supply and demand report had corn carry out at 1.172 million bushels and 200 million bushels for soybeans. Basis levels continue to push slightly higher with Mississippi River…
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