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Edwards Market Thoughts

6/22/18 8:05am

News was out after the close yesterday that elements of the Trump trade team have been reaching out to China about reconciliation ahead of tariffs being imposed on U.S. ag products on July 6. Traders continue to monitor U.S./China relations and weather here in the U.S.

Dow futures up 107 points this morning at 24,579. Crude 83 pts higher at $66.37.

The market today is trading the equivalent of a 183 national average corn yield holding everything else constant. Those constants start to change next week with stocks and acreage potentially shifting both demand ideas and acreage.

GFS still holds big rains for Iowa, N Ill, N IN and NW OH over the next 7 days.

The House narrowly passed its version of the farm bill yesterday on its second try as Republican leadership managed to round up just enough support from hard-liner conservatives to carry the bill across the finish line. The sweeping farm and nutrition policy legislation passed by a vote of 213-211. The measure previously failed last month after Freedom Caucus members withheld support as leverage to force a vote on a conservative immigration measure.





















Siouxland Energy Hours of Operation
Administrative Office
Corn Receiving
By Product Loading
Ethanol Loading
E100 7 days a week
24 hours a day*
E-85 Loading - Monday-Friday 
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Local Weather

Sioux Center, Iowa (51250)

Current Conditions: Scattered Clouds
Temperature: 75°F Dew point: 61°F
Humidity: 61% Pressure: 29.78 in. Hg
Wind: 9 mph From: South



Hi: 76°
Lo: 63°

Hi: 79°
Lo: 64°

Hi: 74°
Lo: 63°

Hi: 79°
Lo: 65°

Hi: 85°
Lo: 65°

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Siouxland Cash Bids
Name Delivery End Basis Cash Price Futures Price

View all cash prices...
Quotes retrieved on June 23, 2018, 02:14:18 PM CDT
Free Price Later


On Monday, March 19th Siouxland Energy will be receiving corn for Free Price Later once again. As always it is a first come delivery, we will not book space for customer bushels. If you have any questions feel free to contact Tom Edwards at 712-722-3906!

Driveway Cam
Wheat -

Wheat futures ended the Friday session 3 3/4 to 4 cents lower. Spec funds in Chicago wheat futures and options were reported at a net short position

Soybeans -

Soybean futures settled 14 to 14 3/4 cents higher in the front months on Friday. Nearby July lost 1.21% since last Friday despite hitting a 9 1/2

Ag Market Commentary -

Corn futures closed Friday steady to fractionally mixed, as July was down 1.11% on the week. The USDA reported a private export sale of 131,300 MT

Cotton -

Cotton futures posted triple digit gains in most front months on Friday, with nearby July up 222 points. Friday’s CFTC data showed managed

Corn -

Corn futures closed Friday steady to fractionally mixed, as July was down 1.11% on the week. The USDA reported a private export sale of 131,300 MT

Lean Hogs -

Lean hog futures saw 22.5 to 65 cent losses in most contracts on Friday. The CME Lean Hog Index was up another 65 cents to $85.79 on June 20. The

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