Independence Day Hours

Independence Day Scale Hours

Monday, July 4

Grain Recieving - CLOSED

Co Products Pick Up - 7:30AM-11:00AM


 

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
 
Commentary
Cotton -

Cotton futures ended the Friday session with 38 to 104 point losses. Front month Jul16 cotton held the firmest. That contract was down just 7 points

Ag Market Commentary -

Corn futures closed 2 3/4 to 3 1/2 cents lower, with Dec16 corn hitting its lowest price since May 11 at one point during the session. That contract

Corn -

Corn futures closed 2 3/4 to 3 1/2 cents lower, with Dec16 corn hitting its lowest price since May 11 at one point during the session. That contract

Soybeans -

Soybean futures lost an additional 19 1/4 to 23 cents on Friday, with front month Jul16 beans settling just 3 3/4 cents above their intraday low.

Wheat -

Wheat futures settled mostly 3/4 to 5 cents lower on Friday, although front month Jul16 SRW squeaked out a 1/2 cent gain on the day. The sharp climb

Cattle -

Live cattle futures closed $2.00 to $2.975 lower, with most heavily traded Aug16 cattle down $1.70 on the week. Feeders were also down more than

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

View all cash prices...
Quotes retrieved on June 25, 2016, 02:25:33 PM CDT
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Miller on the Market

06/24/2016 8:04:39 AM

Happy Friday... darn Brits

Commodity markets are sharply lower following the surprise result of the Britain vote to leave the EU. Equity markets collapsed overnight with US dollar screaming higher on a flight to safe assets. British pound lost over 10% and hit 35 year low vs US dollar. Energies also sharply under pressure.

July corn blew through 3.85 support line overnight. Next level of support is 3.68ish on July corn. What happens between now and June 30?

 

Would expect spec funds to continue liquidating long positions/ take risk off the table in light of today's action and with US weather forecast not seeing any extreme heat the next 10 days. The maps are drier but most are concerned about temps and the northwestern flow should keep temps moderate for pollination short term.

Basis levels are firming in response to the sharply lower board (corn & bean basis) as producers cut off any selling until we get past the June 30th report.

Corn spreads narrowing as a result with the order flow out of the Dec contract.

In other news S. Korea passed on its tender for 55k tons of corn last night. French crop ratings for corn fell from 75% G/E to 69%.

Local Weather

Sioux Center, Iowa (51250)

Current Conditions: Sunny
Temperature: 88°F Dew point: 72°F
Humidity: 59% Pressure: 29.82 in. Hg
Wind: 13 mph From: South

Forecast

Saturday

Hi: 86°
Lo: 60°
Sunday

Hi: 85°
Lo: 61°
Monday

Hi: 77°
Lo: 54°
Tuesday

Hi: 75°
Lo: 57°
Wednesday

Hi: 74°
Lo: 57°

Zip Code:

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