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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Cattle -

Live cattle followed Monday’s limit up trade with Tuesday gains of 92.5 cents to $1.50. Feeder futures settled 70 to 92.5 cents higher,

Lean Hogs -

Lean hog futures lost 72.5 cents to $1.075, with front month Aug16 hogs the weakest. The CME Lean Hog index for 7/22 was 68 cents lower at $76.45.

Cotton -

Cotton futures are trading mixed with December 17 points higher, and March 5 points lower this morning after gains of 139 to 166 points on Tuesday.

Ag Market Commentary -

Corn futures are trading mostly a penny higher this morning after 2 cent losses on Tuesday. The weaker dollar failed to offset double digit losses

Corn -

Corn futures are trading mostly a penny higher this morning after 2 cent losses on Tuesday. The weaker dollar failed to offset double digit losses

Soybeans -

Soybean futures are currently around 7 cents higher after finishing with gains of 7 1/2 to 9 3/4 cents on Turnaround Tuesday. There will reportedly

Full commentary...
Siouxland Cash Bids
Name Delivery Start Basis Cash Price Futures Price

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Quotes retrieved on July 27, 2016, 10:14:16 AM CDT

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Miller on the Market

07/27/2016 8:25:06 AM

Corn followed soybeans higher, rallying over the last two hours of the overnight trade. That took it from trading around steady to trading 2-4 cents higher. CZ has next daily resistance at $3.46.

Open interest in corn was up more than 12K contracts in light volume on Monday. This implies additional fund selling (new short) and end-user buying (new long).

The USDA announced the sale of 75K tons of old crop and 174K tons of new crop corn to an unknown destination through the daily reporting system. 

Rains will impact the Midwest over the next couple of days with drier weather in store for the weekend and then another round of rain early next week. Beyond that event, the forecast trends drier and warmer though not enough to do significant damage to US corn. Temperatures will heat up in China but they too have had plenty of moisture this year. Ukraine sees above normal precipitation in the forecast. Together those three nations represent around 60% of world production.

US corn basis continued to improve yesterday, especially in IA, MO and IL.

Ethanol margins have been falling back from very high levels this month but they remain in the black. The 9:30 AM weekly energy report will update the market on US ethanol production and stocks.

Local Weather

Sioux Center, Iowa (51250)

Current Conditions: Cloudy
Temperature: 75°F Dew point: 68°F
Humidity: 78% Pressure: 30.02 in. Hg
Wind: 3 mph From: South



Hi: 79°
Lo: 63°

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