Stanford Grain Company
               309-379-2141 Tel 866-379-2141 Toll-free
                             207 West Main Street - Stanford IL 61774 
              
Friday, July 3, 2015
 
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July 4th Holiday CBOT Schedule
Thursday, July 2nd
:  Grain markets close at noon.   

 Friday, July 3rd:  Grain markets closed. 
 Sunday:  July 5th:  Grain markets re-open at 7 p.m.
Stanford Grain Will Be Closed Friday July 3rd


Thursday Afternoon Comments (7/2)
The corn market made new highs for the move in today’s session as moderate fund buying was once again evident. Funds purchased up to 10,000 contracts today as CZ nearly equaled the high of $4.40 from December of 2014. The large support continues on any kind of price break. Weather forecasts for the majority of the corn belt are on the drier, cooler side until next week. This weather very much needed but traders continue to look at the longer term weather models. Informa released their crop production estimates this morning as they put the U.S. production figure at 13.412 bln. bu. The USDA has 13.630 bln. bu. penciled in at the present. The outside influences were a weaker U.S. dollar and continued heat and dryness in the EU and especially France. Weekly export sales came in at the high end of trade guesses at 23.4 mln. bu. This brings the yearly total to 1.798 bln. bu. As is usually normal, the market will again look at the weather forecasts on Monday after the July 4th weekend for further price direction.

The soy complex was a mixed trade today with soybeans trading mostly on the defensive. Funds were not as aggressive buyers as they were in the corn as they ended the day by purchasing up to 2000 contracts in the shortened trading session. A drier weather forecast for the belt may have been seen as a negative for the flat price as the growing crop needs the dry weather. S. American producers continue to sell cash soybeans from their large crop which also helping to keep a lid on prices. Weekly export sales for soybeans were a disappointment as old crop sales were a small negative while new crop sales totaled just 5 mln. bu. New crop 15/16 sales total 226 mln. bu. On this date one year ago, they totaled 411 mln. bu. for 14/15. Old crop sales for 14/15 total 1.856 bln. bu. The USDA goal is 1.810 bln. bu. Informa released their updated production estimates for the U.S. They came in at 3.808 bln. bu. The USDA is using 3.734 bln. bu.

June 30th USDA Stocks & Acreage Report

  USDA – June 1, 2015 Avg. Est. USDA – Mar 1, 2015 USDA - 2014
Corn acreage 88.9 89.173 89.199 90.597
Bean acreage 85.1 85.187 84.635 83.701
All Wheat 56.1 55.651 55.367 56.822
         
  USDA – June 1, 2015 Avg. Est. USDA – Mar 1, 2015 USDA – June 1, 2014
Corn Stocks 4.447 4.512 7.745 3.852
Bean Stocks .625 .674 1.334 .405
Wheat Stocks .753 .713 1.124 .590

Have a good & safe 4th!

We are offering a DP program for soybeans. Beans can be put on a DP contract without any fees until 10/1/15, and then a daily rate will apply (3 cents per month).  Please call if you have any questions.

Don't find fault, find a remedy.
Henry Ford

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

2015 Crop
Stanford Grain will accept grain with the Viptera trait but WILL NOT accept corn with the Duracade trait.
Thank You for your cooperation.

 

 


Local Cash Bids
 
  July Fall 15 Jan 16 Fall 16
STANFORD CORN Cash Price
Basis
Futures Month @C5U @C5Z @C6H @C6Z
  Chart Chart Chart Chart
BEANS Cash Price
Basis
Futures Month @S5Q @S5X @S6F @S6X
  Chart Chart Chart Chart
WHEAT Cash Price      
Basis      
Futures Month @W5U      
  Chart
Price as of 07/03/15 07:16AM CDT.
Month Symbols
Click to view more Cash Bids

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 15 413'0 422'0 409'6 420'0 6'0 419'6s 07/02 Chart for @C5N Options for @C5N
Sep 15 422'0 430'6 418'4 428'2 6'0 428'4s 07/02 Chart for @C5U Options for @C5U
Dec 15 431'0 439'6 427'6 437'2 5'4 437'2s 07/02 Chart for @C5Z Options for @C5Z
Mar 16 440'4 448'6 437'2 446'2 5'0 446'4s 07/02 Chart for @C6H Options for @C6H
May 16 446'6 454'2 443'4 451'6 4'2 452'0s 07/02 Chart for @C6K Options for @C6K
Jul 16 450'4 457'6 447'6 455'4 4'0 455'4s 07/02 Chart for @C6N Options for @C6N
Sep 16 433'2 438'2 432'0 437'2 0'6 436'4s 07/02 Chart for @C6U Options for @C6U
Dec 16 431'6 438'0 430'2 436'6 4'0 437'0s 07/02 Chart for @C6Z Options for @C6Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 15 1041'6 1055'0 1032'0 1045'4 1'2 1045'2s 07/02 Chart for @S5N Options for @S5N
Aug 15 1040'0 1047'2 1029'0 1036'4 -2'4 1038'2s 07/02 Chart for @S5Q Options for @S5Q
Sep 15 1032'0 1040'6 1022'4 1029'6 -1'2 1031'4s 07/02 Chart for @S5U Options for @S5U
Nov 15 1029'0 1039'0 1020'0 1028'2 0'6 1030'2s 07/02 Chart for @S5X Options for @S5X
Jan 16 1033'6 1044'2 1025'2 1033'4 1'4 1035'6s 07/02 Chart for @S6F Options for @S6F
Mar 16 1023'2 1036'6 1018'4 1027'6 4'2 1028'6s 07/02 Chart for @S6H Options for @S6H
May 16 1006'0 1021'2 1001'6 1011'6 4'2 1013'0s 07/02 Chart for @S6K Options for @S6K
Jul 16 1007'2 1020'4 1003'4 1011'4 4'0 1012'6s 07/02 Chart for @S6N Options for @S6N
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 15 587'2 596'4 571'0 586'6 -1'6 585'6s 07/02 Chart for @W5N Options for @W5N
Sep 15 588'0 601'0 574'0 588'0 2'0 590'4s 07/02 Chart for @W5U Options for @W5U
Dec 15 596'4 609'0 582'4 596'4 2'4 599'2s 07/02 Chart for @W5Z Options for @W5Z
Mar 16 605'0 617'6 591'0 606'0 3'2 608'0s 07/02 Chart for @W6H Options for @W6H
May 16 611'6 621'2 596'2 610'4 4'4 613'4s 07/02 Chart for @W6K Options for @W6K
Jul 16 603'2 616'4 592'0 606'6 3'4 608'2s 07/02 Chart for @W6N Options for @W6N
+DJ - +DJF0 - UNKNOWN
Month Open High Low Last Change Close Time More
Jan 20 Chart for +DJ0F Options for +DJ0F
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Sep 15 96.215 96.300 96.040 96.175 -0.115 96.290 07:06A Chart for @DX5U Options for @DX5U
Dec 15 96.570 96.605 96.420 96.420 -0.245 96.665 07:06A Chart for @DX5Z Options for @DX5Z
Mar 16 96.920 96.955 Chart for @DX6H Options for @DX6H
EB - BRENT CRUDE - ICEFE
Month Open High Low Last Change Close Time More
Aug 15 61.73 62.06 61.51 61.60 -0.47 62.07 07:06A Chart for EB5Q Options for EB5Q
Sep 15 62.28 62.56 62.02 62.12 -0.45 62.57 07:06A Chart for EB5U Options for EB5U
Oct 15 62.80 63.02 62.54 62.62 -0.43 63.05 07:06A Chart for EB5V Options for EB5V
My Custom Markets
Symbol Open High Low Last Change Close Time More

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DTN Grain News
DTN Early Word Grains 07/02 05:59
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Grainbelt Weather Roundup
FARM MARKET NEWS - CORN REPORT FOR Thu, July 2
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Thu, July 2
USDA Daily Market Rates 07/02 06:47

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View From the Cab
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Local Radar
Stanford, IL
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Local Forecast
Stanford, IL
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Tuesday
High: 77°F
Low: 60°F
Precip: 20%
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Local Conditions
Stanford, IL
Chg Zip Code: 
Temp: 60oF Feels Like: 60oF
Humid: 93% Dew Pt: 58oF
Barom: 29.92 Wind Dir: NE
Cond: N/A Wind Spd: 10 mph
Sunrise: 5:30 Sunset: 8:29
As reported at BLOOMINGTON, IL at 6:00 AM
View complete Local Weather

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