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A DROP BOX IS AVAILABLE IN MASSENA LOCATED BY THE EAST WALK IN DOOR FOR YOUR CONVENIENCE. A DROP BOX IS AVAILABLE IN GREENFIELD LOCATED BY THE EAST WALK IN DOOR FOR YOUR CONVENIENCE.
WE NOW HAVE FINANCING AVAILABLE THROUGH YOUR JOHN DEERE MULTIUSE ACCOUNT FOR PURINA FEED. CALL LEANN AT 712-779-3515 FOR DETAILS!
WE ARE IN URGENT NEED OF TRUCK DRIVERS! IF ANY OF OUR CUSTOMERS CAN REFER A TRUCK DRIVER TO US AND WE HIRE THEM, YOU WILL RECEIVE A $1,000 CREDIT ON YOUR ACCOUNT!
June 6th, 2025 Grain markets have in general struggled to gain any positive momentum with July corn hovering near multi month lows, while new crop Dec corn has fared a little better, ending this week up around 10 cents from last week's close. Beans have been moving mostly sideways over the past few weeks. Corn prices have basically struggled in the face of a quick planting season and a couple widespread rain events that followed to generally leave the crop with very good potential in most traders eyes. There have been some areas that have struggled to get planted in Ohio and other surrounding states but the amount of acres isn't out of line with a normal year. Many think that there was even more corn acres planted than expected by the USDA, which should help offset some of the unplanted acres that occur. Brazil is also just starting to harvest their Safrinha corn crop with crop estimates moving higher there and cash prices weaker. This has led old crop/new crop spreads weaker and old crop basis isn't feeling very tight locally either. All this has led to the managed money traders building up a decent sized short position and pushing the market lower. Beans have been able to fare a bit better, as the higher corn acres should lead to lower bean acres and beans aren't as affected by June weather as corn. There are also some macro biofuel and trade/tariff news occuring that is affecting some daily moves in markets. All in all there's still a couple months of weather trade to move prices during this seasonally good time of the year to sell grain, but the more days that tick by without a rally should have price targets possibly lowered as well.
*OUR BIDS ARE DELAYED 10 MINUTES ON OUR WEBSITE AND ARE SUBJECT TO CHANGE. PLEASE CALL THE CUMBERLAND OFFICE TO GET AN UP TO DATE BID.
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