DIAL 712-774-2239-AFTER HOURS ANSWERING MACHINE TED MILLS 641-247-9342 OR TONY ADAMS 641-745-7378
IN CASE OF A PROPANE EMERGENCY DIAL 911
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!
Jan 12th, 2025 USDA unfortunately released a very bearish report for corn today that sent prices sharply lower. March corn closed 24 cents lower on the day. They increased harvested acres 1.3 million, increased yield 0.5 bpa to 186.5 bpa, both much higher than pre report expectations. Dec 1st stocks on hand also came in about 300 million more than expectations. Ending stocks were set at 2.227 billion, the highest in several years. The soybean numbers were more friendly, yield was unchanged from last month, and they cut exports which was mostly expected. This left ending stocks at 350 million, 25 million over last year. They did raise the Brazilian crop estimate on beans 3 million metric tons (110 million bushels), which was justified with their good growing conditions so far. It most likely takes a South American weather issue to rally the market now which is less likely on beans as Brazil will start harvesting soon, but they will plant most of their corn after that so there is some weather risk for the corn crop yet. Also Argentina has turned drier which is worth watching. Other than this a positive US biofuel policy which is expected to be released a some point fairly soon could help soybean demand 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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