Stanford Grain Company
               309-379-2141 Tel 866-379-2141 Toll-free
                             207 West Main Street - Stanford IL 61774 
              
Monday, September 1, 2014
 
Home
Stanford Grain Co.
Switchboard
Marketplace
My Website
Admin Login
2014 Fall Policy
  
 
 
Stanford Grain will be closed Labor Day, Monday Sept 1st.

2014 Fall Policy is Available
Click on 2014 Fall Policy-Bottom Left


Friday Afternoon Comments (8/29)
Corn was defensive throughout the session today and through most of the week. Big yield expectations continue to weigh on futures. Nearby futures finished 2¾ cents lower with deferred months 4½ cents lower today. For the week CZ fell 6¾ cents but continues its sideways trade that started mid-July. No short covering by the funds of any note at month end, and they were net sellers of 5,000 corn contracts by mid-session. Very good early corn yields in the Delta and reports of 220+ bpa yields in central IL help bolster the idea a big crop is in the field. Private forecasts call for no frost threat until at least mid-September. Yield forecasts seem to be drifting higher again with 175-180 back in conversation. There are areas of the Midwest receiving too much rain right now, but the market not paying much attention. Weekly ethanol production fell a bit to 95.8 mln. bu. (estimated.) Weekly export sales of 26.1 mln. bu. (combined years) were disappointing but not unexpected. YTD commitments for 14/15 are just 391 mln. bu.

Soybeans continue to find pressure from a big crop in the field and SX finished the day 4 ½ cents weaker. SU firmed on strong interior basis levels and no deliveries, gaining 15¾ cents today. Funds were sellers of 3,000 soybean contracts by mid-session. For the week SX lost 18 cents. Late August rains have helped the soybean crop and yield ideas are building with 48 bpa being discussed. Weekly export sales (combined years) were 45.1 mln. bu. and 14/15 YTD commitments are ahead of last year at 764 mln. bu. 123 tmt in soybean sales for 14/15 reported this morning. 13/14 YTD sales are 1,691 mln. bu., and above USDA projections but a large chunk of these unshipped sales will be moved to 14/15.

Wheat found some support this week from the Ukrainian issue but ultimately only gained 1¼ cents this week in the Chicago December contract. Wheat has settled into a 25 cent range sideways trade since mid-July.
 Comments from Mid-Co Commodities
Have a good & safe holiday weekend!

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

Duracade Notice:
If you are planting corn with the Duracade trait this spring and plan to haul it to Stanford Grain, please let us know. 
We will need to make arrangements to handle it. 
Thank You for your cooperation.   

 

 


Local Cash Bids
 
  Fall Jan 15 Fall 15 Jan 16
STANFORD CORN Cash Price
Basis
Futures Month @C4Z @C5H @C5Z @C6H
  Chart Chart Chart Chart
BEANS Cash Price
Basis
Futures Month @S4X @S5F @S5X @S6F
  Chart Chart Chart Chart
Price as of 09/01/14 03:57PM CDT.
Month Symbols
Click to view more Cash Bids

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 14 360'0 361'6 356'0 360'2 -2'6 359'0s 09:00A Chart for @C4U Options for @C4U
Dec 14 368'0 369'0 362'4 366'0 -4'4 364'6s 03:09P Chart for @C4Z Options for @C4Z
Mar 15 380'4 381'6 375'4 379'0 -4'4 377'6s 09:22A Chart for @C5H Options for @C5H
May 15 389'0 390'0 383'6 387'2 -4'4 386'0s 01:19P Chart for @C5K Options for @C5K
Jul 15 395'2 396'4 390'4 394'0 -4'2 392'6s 10:10A Chart for @C5N Options for @C5N
Sep 15 401'6 402'4 397'0 400'2 -4'0 399'2s 08/31 Chart for @C5U Options for @C5U
Dec 15 407'2 408'6 404'0 406'4 -3'2 406'0s 08/31 Chart for @C5Z Options for @C5Z
Mar 16 415'6 416'6 412'4 412'6 -3'2 414'0s 04:05A Chart for @C6H Options for @C6H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Sep 14 1070'2 1095'6 1070'2 1090'0 15'6 1089'4s 08/31 Chart for @S4U Options for @S4U
Nov 14 1028'6 1034'0 1021'0 1024'4 -4'4 1024'2s 02:51P Chart for @S4X Options for @S4X
Jan 15 1036'2 1041'0 1029'0 1032'4 -4'0 1032'4s 05:55A Chart for @S5F Options for @S5F
Mar 15 1043'4 1048'4 1036'6 1040'0 -3'2 1040'4s 08/31 Chart for @S5H Options for @S5H
May 15 1050'0 1054'2 1042'4 1045'6 -4'0 1046'2s 03:26A Chart for @S5K Options for @S5K
Jul 15 1056'4 1059'2 1046'6 1049'6 -4'4 1050'2s 08/31 Chart for @S5N Options for @S5N
Aug 15 1048'0 1048'0 1048'0 1048'0 -5'2 1049'6s 08/31 Chart for @S5Q Options for @S5Q
Sep 15 1042'6 1042'6 1037'4 1039'0 -4'4 1040'0s 08/31 Chart for @S5U Options for @S5U
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Sep 14 555'0 562'2 546'0 549'2 -6'2 550'2s 08/31 Chart for @W4U Options for @W4U
Dec 14 570'0 578'6 561'2 563'0 -8'2 563'4s 03:29P Chart for @W4Z Options for @W4Z
Mar 15 589'0 597'4 580'4 582'4 -8'6 582'4s 10:10A Chart for @W5H Options for @W5H
May 15 604'0 606'0 590'0 593'0 -8'4 592'2s 08/31 Chart for @W5K Options for @W5K
Jul 15 604'0 610'2 596'4 599'6 -6'0 599'2s 08/31 Chart for @W5N Options for @W5N
Sep 15 612'2 618'4 606'6 608'6 -5'4 608'0s 08/31 Chart for @W5U Options for @W5U
+DJ - DJ INDUSTRIAL AVERAGE - CBOT
Month Open High Low Last Change Close Time More
Sep 14 17085.00 17091.00 17055.00 17081.00 - 4.00 17085.00 11:59A Chart for +DJ4U Options for +DJ4U
Dec 14 16985.00 17001.00 Chart for +DJ4Z Options for +DJ4Z
Mar 15 16935.00 8.00 16935.00s 08/29 Chart for +DJ5H Options for +DJ5H
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Sep 14 82.825 82.835 82.695 82.770 -0.013 82.783 12:00P Chart for @DX4U Options for @DX4U
Dec 14 82.935 82.970 82.820 82.880 -0.011 82.891 12:00P Chart for @DX4Z Options for @DX4Z
Mar 15 83.060 83.060 82.940 82.940 -0.066 83.006 12:00P Chart for @DX5H Options for @DX5H
EB - BRENT CRUDE - ICEFE
Month Open High Low Last Change Close Time More
Oct 14 102.95 103.30 102.56 102.60 - 0.59 102.79 12:30P Chart for EB4V Options for EB4V
Nov 14 103.62 103.87 103.04 103.10 - 0.67 103.29 12:30P Chart for EB4X Options for EB4X
Dec 14 104.00 104.27 103.43 103.51 - 0.66 103.68 12:30P Chart for EB4Z Options for EB4Z
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 08/29 05:58
DTN Midday Grain Comments 08/29 11:15
DTN Closing Grain Comments 08/29 13:49
DTN National HRS Index 08/29
Portland Grain Review 08/28
Grainbelt Weather Roundup
FARM MARKET NEWS - CORN REPORT FOR Fri, August 29
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, August 29
USDA Daily Market Rates 08/29 06:47

DTN Ag Headline News
The Market's Fine Print
China Battles Cotton Reserves
Klinefelter: By the Numbers
Ag Drones Under Scrutiny
USDA Readies Dairy Program
Rainy Days and Thursdays
Mapping the CWA
China Reform May Add Demand
Dr. Dan Talks Agronomy

Headline News
House, Senate Flag Islamic State Risk 08/31 11:41
Putin to Ukraine:Begin Immediate Talks 08/31 11:50
Militia Claims Capture of US Embassy 08/31 11:55
Philippine Troops Escape Syrian Rebels 08/31 11:44
Al-Qaida Group Releases Lebanese Troops08/31 11:49
Campaign Cash Buying Tons of Ads 08/31 11:54
Australia to Fly Weapons to Iraq 08/31 11:43
S&P Sees 4th Record High in Five Days 08/29 16:13


Photos
 

 


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

Local Forecast
Stanford, IL
Chg Zip:

Monday

Tuesday

Wednesday

Thursday

Friday
High: 81°F
Low: 70°F
Precip: 35%
High: 81°F
Low: 65°F
Precip: 30%
High: 82°F
Low: 62°F
Precip: 67%
High: 86°F
Low: 69°F
Precip: 50%
High: 80°F
Low: 65°F
Precip: 67%
View complete Local Weather

Local Conditions
Stanford, IL
Chg Zip Code: 
Temp: 79oF Feels Like: 81oF
Humid: 62% Dew Pt: 65oF
Barom: 29.83 Wind Dir: SW
Cond: N/A Wind Spd: 14 mph
Sunrise: 6:23 Sunset: 7:28
As reported at BLOOMINGTON, IL at 3:00 PM
View complete Local Weather

DTN Videos
 02:42
8/29/2014 Grains Slide Friday
 02:41
8/29/2014 Wet Labor Day Pattern Friday
 01:29
8/29/2014 Grains Sag Friday
 01:08
6/30/2014 Chris Clayton on Route 66, part 3
 00:57
6/30/2014 Chris Clayton on Route 66

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