A quick market update, futures levels have been trending lower over the last month with exports behind pace and slightly higher projected carryout for 2023. The March USDA supply and demand report has corn carry out projected at 1.308 million bushels vs 1.267 in February and soybean carryout projected at 220 million bushels vs 225…

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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 futures have now traded in the 6.50-7.00 range for all…

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In 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…

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A 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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Market Recap We have continued to see a basis push for Sept corn as old crop stocks in Central Nebraska have remained low and local ethanol plants and cattle feeders have struggled to find corn or dry enough new crop bushels to hit the market.  USDA Supply and Demand reports have continued to see smaller…

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The market has been bucking trends here in August.  Typically we see a slow downward grind from the end of June to Harvest.  This year, dry weather seems to be feeding the bulls and now we also have the Pro Farmer Tour pumping some concern of our crop size into our market giving us a…

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Market Recap The end of June brought us the stocks and acreage report.  We didn’t see any wild limit moves as we have in years past, however, we still saw notable changes in our acres and stocks.  Bean acres coming down over 2.5 million acres and both corn and bean stocks growing from last year…

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Market Recap Corn and beans have had a decent pull back over the last 7 days, with funds being sellers. Funds are sellers due to weather, China lockdowns, and global recession. US corn planting progress came in at 22% complete, down from 64% last year and 50% on a 5-year average. Beans came in this…

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The October Employee Highlight is CRAIG BEGUIN, grain superintendent at our Lincoln facility. Before working at Aurora Cooperative, what was the most interesting or unusual job you’ve ever had? General Manager at Livestock Nutrition in Oklahoma What do you like about Aurora Cooperative? When Aurora Cooperative first came into the facility, they updated our entire…

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