Stanford Grain Company
               309-379-2141 Tel 866-379-2141 Toll-free
                             207 West Main Street - Stanford IL 61774 
              
Thursday, October 2, 2014
 
Home
Stanford Grain Co.
Switchboard
Marketplace
My Website
Admin Login
2014 Fall Policy
  
 
 
Harvest Hours:
Monday-Saturday: 7am-7pm
Sunday: Noon-5pm

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


Thursday Morning Comments (10/2)

Good Morning.  Once again, the nearby corn and beans futures traded into new contract lows yesterday, finished the day higher, only to be followed by lower trade today.  This has occurred a few times in recent weeks with no ability to have any follow through to the upside.  Wheat futures are trading higher today as the dollar is back lower and talk that wheat prices are closer to pricing themselves into more export business.  If wheat can stabilize and turn higher, that likely helps corn at some point.  FC Stone’s corn and bean estimates released yesterday afternoon initially were a little negative to overnight futures.  Corn export sales were 25.1 Mln. bu. Beans sales were 31.9 Mln. bu.   Wheat sales were 27.2 Mln. bu.  All three numbers were solid but will not move the needle much today.  Rain did fall around parts of Illinois overnight. (.4" in Stanford)  Areas just north of St. Louis got 4 to 5 inches.  Rain hangs around today and tonight, but gives way to drier and much cooler temperatures starting over the weekend.  The weather forecast is trying to put another chance of rain in for Monday.  The 8 to 15 day continues to hint at a cooler and wetter pattern.  Other news is quiet.  A seasonal low in corn is due at any time.  The payroll report will be out tomorrow which could have some effect on the dollar.

Tuesday 9/30 USDA Stock Report
  Quarterly Grain Stocks  
  USDA –
Sept 1 ‘14
Avg. Estimate USDA –
June 1 ‘14
USDA –
Sept 1 ‘13
 
Corn 1.236 1.185 3.854 0.821  
Beans 0.092 0.126 0.405 0.141  
Wheat 1.914 1.880 0.590 1.870  
           
  U.S. Wheat Production  
  USDA – Sept Avg. Est. USDA – Aug. USDA - 2013  
All Wheat 2.035 2.037 2.030 2.130  
All Winter 1.378 1.394 1.397 1.534  
 
The 2013 bean crop was raised to 3.358 Bln bu.   Previous estimate was 3.289 Bln. bu. 


 Comments from Mid-Co Commodities
Have a good & safe day!

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

Duracade Notice:
If you have corn with the Duracade trait 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.   

2015 Crop
As you make plans for your 2015 crop, Stanford Grain will not accept grain with the Viptera and Duracade traits.
Thank You for your cooperation.
 

 

 


Local Cash Bids
 
  Fall Dec Jan 15 Fall 15 Jan 16
STANFORD CORN Cash Price
Basis
Futures Month @C4Z @C4Z @C5H @C5Z @C6H
  Chart Chart Chart Chart Chart
BEANS Cash Price
Basis
Futures Month @S4X @S5F @S5F @S5X @S6F
  Chart Chart Chart Chart Chart
Price as of 10/02/14 11:28AM CDT.
Month Symbols
Click to view more Cash Bids

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 14 320'4 323'2 319'2 320'0 -1'2 321'2 11:17A Chart for @C4Z Options for @C4Z
Mar 15 333'0 336'2 332'0 333'0 -1'0 334'0 11:17A Chart for @C5H Options for @C5H
May 15 342'4 344'6 340'6 341'6 -1'0 342'6 11:17A Chart for @C5K Options for @C5K
Jul 15 350'0 352'2 348'0 349'2 -1'0 350'2 11:17A Chart for @C5N Options for @C5N
Sep 15 356'0 360'0 356'0 356'6 -1'0 357'6 11:17A Chart for @C5U Options for @C5U
Dec 15 367'6 370'0 365'6 367'4 -0'2 367'6 11:17A Chart for @C5Z Options for @C5Z
Mar 16 377'2 379'6 376'0 377'2 0'0 377'2 11:17A Chart for @C6H Options for @C6H
May 16 384'4 386'4 384'4 386'4 2'0 384'4 11:17A Chart for @C6K Options for @C6K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 14 915'2 925'4 912'4 918'2 1'4 916'6 11:17A Chart for @S4X Options for @S4X
Jan 15 923'2 934'0 921'2 926'6 1'6 925'0 11:17A Chart for @S5F Options for @S5F
Mar 15 932'6 942'4 929'4 935'2 1'4 933'6 11:17A Chart for @S5H Options for @S5H
May 15 941'2 949'6 938'0 943'0 1'0 942'0 11:17A Chart for @S5K Options for @S5K
Jul 15 948'0 955'6 944'4 949'0 0'4 948'4 11:17A Chart for @S5N Options for @S5N
Aug 15 948'0 957'6 947'4 957'6 6'4 951'2 11:17A Chart for @S5Q Options for @S5Q
Sep 15 940'6 950'0 940'6 946'6 3'0 943'6 11:17A Chart for @S5U Options for @S5U
Nov 15 940'4 949'4 937'2 944'0 1'6 942'2 11:17A Chart for @S5X Options for @S5X
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 14 477'4 489'6 477'2 486'4 7'4 479'0 11:17A Chart for @W4Z Options for @W4Z
Mar 15 491'0 503'0 490'6 499'2 7'0 492'2 11:17A Chart for @W5H Options for @W5H
May 15 501'2 511'4 501'2 508'2 7'0 501'2 11:17A Chart for @W5K Options for @W5K
Jul 15 508'4 519'4 508'4 515'4 6'4 509'0 11:17A Chart for @W5N Options for @W5N
Sep 15 525'0 532'0 525'0 527'6 7'0 520'6 11:17A Chart for @W5U Options for @W5U
Dec 15 542'0 547'6 542'0 545'0 7'4 537'4 11:17A Chart for @W5Z Options for @W5Z
+DJ - DJ INDUSTRIAL AVERAGE - CBOT
Month Open High Low Last Change Close Time More
Dec 14 16739.00 16758.00 16595.00 16670.00 - 70.00 16740.00 11:08A Chart for +DJ4Z Options for +DJ4Z
Mar 15 16670.00 Chart for +DJ5H Options for +DJ5H
Jun 15 16580.00 Chart for +DJ5M Options for +DJ5M
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Dec 14 85.965 86.020 85.600 85.770 -0.306 86.076 11:17A Chart for @DX4Z Options for @DX4Z
Mar 15 86.145 86.145 85.780 86.000 -0.241 86.241 11:17A Chart for @DX5H Options for @DX5H
Jun 15 85.975 86.190 85.975 86.100 -0.286 86.386 11:14A Chart for @DX5M Options for @DX5M
EB - BRENT CRUDE - ICEFE
Month Open High Low Last Change Close Time More
Nov 14 94.30 94.37 91.55 92.65 -1.51 94.16 11:17A Chart for EB4X Options for EB4X
Dec 14 94.82 94.99 92.19 93.26 -1.53 94.79 11:17A Chart for EB4Z Options for EB4Z
Jan 15 95.50 95.51 92.80 93.79 -1.53 95.32 11:17A Chart for EB5F Options for EB5F
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 10/02 05:57
DTN Midday Grain Comments 10/01 11:23
DTN Closing Grain Comments 10/01 14:00
DTN National HRS Index 10/01
Portland Grain Review 09/30
Grainbelt Weather Roundup
FARM MARKET NEWS - CORN REPORT FOR Wed, October 1
FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Wed, October 1
USDA Daily Market Rates 10/02 06:47

DTN Ag Headline News
Klinefelter: By the Numbers
Kub's Den
It's a Small World
DTN Retail Fertilizer Trends
USDA Reports Summary
High-Oleic Hopes
Shifts in Corn Consumption
Elevators Full; Grains Get Grounded
What's a Soybean Worth?

Headline News
Poll: Economy Still Top Election Issue 10/02 06:45
China Visit Shows Strains With US 10/02 06:52
HK Protesters Warned on Govt Buildings 10/02 06:39
Kurds: IS Group Nearing Syrian Town 10/02 06:46
Secret Service Head Undoing Was Quick 10/02 06:49
Saudi Arabia: 2M in Mecca for Hajj 10/02 06:40
Australia Ups Ebola Funds to $16M 10/02 06:47
Global Stocks Down on Recovery 10/02 06:42


Photos
 

 


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

Local Forecast
Stanford, IL
Chg Zip:

Thursday

Friday

Saturday

Sunday

Monday
High: 78°F
Low: 64°F
Precip: 80%
High: 66°F
Low: 45°F
Precip: 80%
High: 51°F
Low: 38°F
Precip: 0%
High: 61°F
Low: 38°F
Precip: 0%
High: 62°F
Low: 42°F
Precip: 71%
View complete Local Weather

Local Conditions
Stanford, IL
Chg Zip Code: 
Temp: 72oF Feels Like: 76oF
Humid: 84% Dew Pt: 67oF
Barom: 29.84 Wind Dir: S
Cond: N/A Wind Spd: 18 mph
Sunrise: 6:53 Sunset: 6:36
As reported at BLOOMINGTON, IL at 11:00 AM
View complete Local Weather

DTN Videos
 03:13
10/1/2014 Grains Slightly Higher Wednesday
 03:34
10/2/2014 Eastern Corn Belt Rain Thursday
 01:32
10/1/2014 Mixed Trends Wednesday
 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