Stanford Grain Company
               309-379-2141 Tel 866-379-2141 Toll-free
                             207 West Main Street - Stanford IL 61774 
              
Friday, April 20, 2018
 
Home
Stanford Grain Co.
Switchboard
Marketplace
My Website
Admin Login
2017 Fall Policy
Make an Offer
Corn and Soybean Profit and Loss Calculator
  
 
 

Stanford Grain Business Hours: 
Monday-Friday 7:30-4:00
CBOT Trading Hours:
7:00PM-7:45AM-Markets Open (Sun-Thurs)
7:45AM-8:30AM-Markets Closed
8:30AM-1:20PM-Markets Open
1:20PM-7:00PM-Markets Closed
Daily Limits: Corn 25 cents, Beans 65 cents, & Wheat 30 cents

Thursday Afternoon Comments (4/19/18)

Corn was slightly lower at the close today after another rather quiet day of trading. CK settled a penny in the red and CZ was ½ cent lower. Today’s slightly weaker trade was in reaction to Midwest weather forecasts which are showing a dry period extending into the middle of next week accompanied by temperatures warming to near normal for late April. This should allow corn planting in the southern Midwest to begin in earnest and will also melt most, if not all the snowpack across the northern Midwest. Losses were kept in check by updated weather forecasts showing a continuation of dry conditions in southern Brazil that will stress the safrinha crop there. The weekly export sales report released this morning was also supportive as it showed corn sales last week of 43 million bu. which is well above the total needed each week to reach the USDA’s export projection for 2017/18.

Soybeans were modestly lower today with SK giving back 4 ½ cents and SX down 3 ¼ cents. Concern about possible slowing of Chinese demand overshadowed better than expected soybean sales in today’s export sales report. The report showed old crop soybean sales of 38 million bu. and new crop sales of 40 million bu. Just 4.0 million bu. of old crop sales are needed each week the remainder of the marketing year to reach the USDA’s soybean export projection. Argentina’s Agriculture Ministry today estimated the Argentine soybean crop at 37.6 MMT’s compared to the last USDA projection of 40 MMT’s but little market reaction was seen as most analysts see the Argentine crop in a range of 36 to 40 MMT’s.

Weekly U.S. Export Sales 4/19:

Comments from Mid-Co Commodities

7-day precip forecast (Apr 19-April 26)
http://www.wpc.ncep.noaa.gov/qpf/p168i.gif?1524128374

Have a good & safe night!

Family and friends and faith are the most important things in your life.
Barbara Bush

E-mail Delivery Sheets:  If you would like to receive your grain delivery sheets by e-mail, please let us know.  We can do that.

  ACH Payments are now available. 
Call for details or to sign up.



 

 

 


Local Cash Bids
 
  April May June July Fall 18 Jan 19 Fall 19
STANFORD CORN Cash Price
Basis
Futures Month @C8K @C8K @C8N @C8N @C8Z @C9H @C9Z
  Chart Chart Chart Chart Chart Chart Chart
BEANS Cash Price
Basis
Futures Month @S8K @S8K @S8N @S8N @S8X @S9F @S9X
  Chart Chart Chart Chart Chart Chart Chart
Price as of 04/20/18 01:26AM CDT.
Month Symbols
Click to view more Cash Bids

Online Offer Center
Stanford Grain Company Online Offer Center
Powered by DTN Portal®
Transact Online
  • Offers & Contracts
  • Easy to Use
  • Complete Records
Access Your Account




Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 18 381'2 381'6 381'0 381'4 -0'4 382'0 01:16A Chart for @C8K Options for @C8K
Jul 18 390'2 390'4 390'0 390'2 -0'6 391'0 01:15A Chart for @C8N Options for @C8N
Sep 18 398'0 398'0 397'4 397'6 -0'6 398'4 01:15A Chart for @C8U Options for @C8U
Dec 18 407'2 407'4 406'6 407'0 -1'0 408'0 01:15A Chart for @C8Z Options for @C8Z
Mar 19 414'6 415'0 414'6 414'6 -0'6 415'4 01:15A Chart for @C9H Options for @C9H
May 19 420'2 420'4 418'4 419'0 -0'4 419'6s 01:15A Chart for @C9K Options for @C9K
Jul 19 422'6 422'6 422'6 422'6 -0'4 423'2 01:15A Chart for @C9N Options for @C9N
Sep 19 408'4 409'6 408'0 409'0 1'0 409'6s 12:48A Chart for @C9U Options for @C9U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 18 1037'0 1038'2 1035'2 1037'0 -0'2 1037'2 01:15A Chart for @S8K Options for @S8K
Jul 18 1048'6 1050'0 1046'6 1048'4 -0'4 1049'0 01:15A Chart for @S8N Options for @S8N
Aug 18 1050'4 1051'6 1048'6 1050'4 0'0 1050'4 01:15A Chart for @S8Q Options for @S8Q
Sep 18 1044'4 1045'4 1043'0 1043'4 -1'0 1044'4 01:15A Chart for @S8U Options for @S8U
Nov 18 1042'4 1044'0 1041'0 1043'2 0'6 1042'4 01:15A Chart for @S8X Options for @S8X
Jan 19 1047'0 1048'2 1046'0 1047'4 0'2 1047'2 01:15A Chart for @S9F Options for @S9F
Mar 19 1037'0 1038'6 1036'6 1038'6 0'6 1038'0 01:15A Chart for @S9H Options for @S9H
May 19 1034'6 1034'6 1034'6 1034'6 -1'2 1036'0 01:14A Chart for @S9K Options for @S9K
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 18 476'2 476'6 472'4 473'0 -3'6 476'6 01:15A Chart for @W8K Options for @W8K
Jul 18 489'6 491'0 486'4 486'6 -4'0 490'6 01:15A Chart for @W8N Options for @W8N
Sep 18 508'0 508'4 504'2 504'4 -4'0 508'4 01:15A Chart for @W8U Options for @W8U
Dec 18 531'6 532'2 528'0 528'0 -4'2 532'2 01:15A Chart for @W8Z Options for @W8Z
Mar 19 549'6 550'0 546'6 546'6 -4'0 550'6 01:15A Chart for @W9H Options for @W9H
May 19 555'2 555'2 555'2 555'2 -4'4 559'6 01:15A Chart for @W9K Options for @W9K
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Jun 18 89.655 89.755 89.640 89.755 0.060 89.695 01:15A Chart for @DX8M Options for @DX8M
Sep 18 89.185 89.300 89.175 89.300 0.040 89.260 01:16A Chart for @DX8U Options for @DX8U
Dec 18 88.665 88.805 Chart for @DX8Z Options for @DX8Z
EB - BRENT CRUDE - ICEEC
Month Open High Low Last Change Close Time More
Jun 18 73.94 73.94 73.56 73.62 -0.16 73.78 01:14A Chart for EB8M Options for EB8M
Jul 18 73.18 73.27 72.88 72.93 -0.18 73.11 01:14A Chart for EB8N Options for EB8N
Aug 18 72.56 72.67 72.32 72.41 -0.13 72.54 01:14A Chart for EB8Q Options for EB8Q
My Custom Markets
Symbol Open High Low Last Change Close Time More

DTN Text Messages
Log in
Username:
Password:
Click Here to request a username/password.

DTN Grain News
DTN Early Word Grains 04/19 05:54
DTN Midday Grain Comments 04/19 11:31
DTN Closing Grain Comments 04/19 13:53
DTN National HRS Index 04/19
Portland Grain Review 04/19
Grainbelt Weather Roundup
FARM MARKET NEWS - CORN REPORT FOR Thu, April 19
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, April 19
USDA Daily Market Rates 04/19 06:47

DTN Ag Headline News
DTN Retail Fertilizer Trends
Good to Great
Vote Clears House Farm Bill
More Syngenta Corn Settlement Details
Dicamba Drama Continues
Senators Turning Up RFS Heat
Bill Loosens Payment Rules
Cash Market Moves
Baby, It's Cold Outside

Headline News
Trump, Abe Fail to Agree on Tariffs 04/19 06:13
Bureaucrat to Become Cuba's President 04/19 06:20
Trump: May Bail on Meeting With Kim 04/19 06:09
Trump to Sanction Russia When Necessary04/19 06:16
Dems See Wisconsin as Proving Ground 04/19 06:19
Syrian Rebels Leave Another Town 04/19 06:12
Macron, Merkel to Talk in Berlin 04/19 06:15
Stocks Post First Loss of Week 04/19 15:45


Photos

 

 


Local Radar
Stanford, IL
Chg Zip Code: 
 
Radar
View complete Local Weather

Local Forecast
Stanford, IL
Chg Zip:

Friday

Saturday

Sunday

Monday

Tuesday
High: 58°F
Low: 29°F
Precip: 0%
High: 58°F
Low: 35°F
Precip: 0%
High: 63°F
Low: 40°F
Precip: 0%
High: 66°F
Low: 40°F
Precip: 0%
High: 62°F
Low: 44°F
Precip: 0%
View complete Local Weather

Local Conditions
Stanford, IL
Chg Zip Code: 
Temp: 36oF Feels Like: 31oF
Humid: 67% Dew Pt: 26oF
Barom: 30.54 Wind Dir: N
Cond: N/A Wind Spd: 6 mph
Sunrise: 6:09 Sunset: 7:39
As reported at BLOOMINGTON, IL at 1:00 AM
View complete Local Weather

DTN Videos
 04:11
4/19/2018 Mixed Trends Thursday
 09:53
4/5/2018 Agriculture Confidence Index
 04:23
4/19/2018 Brief Plains Rain Chances Thursday
 01:25
4/19/2018 Rowcrops Weak Thursday

Links

Google Search

Google

KNOW BEFORE YOU GROW

NCGA Corn Hybrid Site

Know before you grow


 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN