Siouxland Energy Hours of Operation
Administrative Office
Mon-Fri
7:30AM-4:30PM
 
Corn Receiving
Mon-Fri
7:30AM-4:30PM
 
 
 
By Product Loading
Mon-Fri
7:30AM-4:30PM
Saturday
7:30-10:30AM
Ethanol Loading
E100 7 days a week
24 hours a day*
E-85 Loading - Monday-Friday 
8am-4pm*
*Must have BOL or Order number to load
Edwards Market Thoughts

4/25/18 8:10am

Corn market is firmer this morning with support from strong export demand and lack of farmer/elevator movement. A close above $3.92 in the July would open the door to a run back toward $4.00. Not much change in the weather maps with drier weather seen for the Midwest the next 10 days to allow corn planting to try and catch up. But the weather maps are also still dry for the next 10 days for Brazil's corn areas (which is supportive to US corn exports).

Equity markets under pressure this morning after some sharp losses yesterday. For the third time now Dow futures have been unable to take out the previous rally attempts high. The 23306 low set April 2nd key support. Crude oil at $67.67 off a scratch this morning. US $ sharply higher.

Chinese Ag Ministry said 2018 corn planted acreage would fall by 333k hectares, or 823k acres.

International Grains Council this morning cut their 2017/18 Argentine soybean production estimate from 43 to 38 MMT. USDA currently at 40 mmt.

The bottom line for the official weather outlook in most production regions is unchanged. A trough of low pressure is still expected to enter the western United States this weekend and then slowly shift into the central U.S. May 1 – 5. This will likely promote shower and thunderstorm activity in the Hard-Red Winter Wheat Region and West Texas Sunday – May 2 with locally meaningful rainfall.

Over the last three years this date forward, CZ has traded higher only near 8 and 10% of the time respectively.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Local Weather

Sioux Center, Iowa (51250)

Current Conditions: Sunny
Temperature: 55°F Dew point: 28°F
Humidity: 35% Pressure: 30.02 in. Hg
Wind: 0 mph From:

Forecast

Wednesday

Hi: 60°
Lo: 39°
Thursday

Hi: 56°
Lo: 34°
Friday

Hi: 64°
Lo: 36°
Saturday

Hi: 62°
Lo: 43°
Sunday

Hi: 70°
Lo: 53°

Zip Code:

© 2018 Freese-Notis Weather

Siouxland Cash Bids
Name Delivery End Basis Cash Price Futures Price

View all cash prices...
Quotes retrieved on April 25, 2018, 08:27:58 PM CDT
Free Price Later

3/16/18

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
Commentary
Wheat -

Wheat futures saw gains of 6 to 7 cents in most MPLS contracts on Wednesday. CBT and KC led the way, 12 to 15 cents higher. Scattered reports of

Ag Market Commentary -

Corn futures ended the Wednesday session with most contracts 5 to 6 cents higher, following wheat. Wednesday’s weekly EIA report showed

Cotton -

Cotton futures posted sharp 175 to 250 point gains in the nearby contracts on Wednesday. The US dollar index was not much factor on the day, up 484

Soybeans -

Soybean futures closed with 4 to 6 cent gains in Wednesday. Soy meal was $4.10/ton higher, with front month soy oil down 23 points. Ahead of

Lean Hogs -

Lean hog futures were mixed on Wednesday, with front months 40 cents to $1.10 higher and back months lower. The CME Lean Hog Index was up $1.12 from

Cattle -

Live cattle futures settle the Wednesday session with gains of 27.5 to 82.5 cents. Feeder cattle futures were 75 cents to $1.20 higher. The CME

Full commentary...
Employment Opportunities

Siouxland Energy Cooperative is currently hiring for Boiler Operator. If you are interested in becoming part of our exciting industry, check out our job listings at our Employment page. We are currently offering a $1000 Sign-on bonus after 6 months of employment!