Edwards Market Thoughts

4/17/2019 8:00am

With corn unchanged this morning the Bonus Premium is netting $3.72 cash for corn delivered to Siouxland Energy. The premium is .19 cents/bushel on a CN20 $4.30 offer. If you would want a $4.20 CN20 offer with the same fill date of 6/26/20, you could receive .23 cents/bushel premium, or $3.76 cash today. ( CALL IF HAVE ANY QUESTIONS )

Planters rolling (although sporadic) across parts of southern and western IA yesterday. Few storms popping up this morning in the western belt with heavier more defined systems developing later today into tomorrow halting activity.

Chinese gross domestic product rose 6.4 percent in the first quarter from a year earlier. New leverage in trade talks?

Dow futures up 31 pts this morning on the heels of Asian equity strength due in part from above Chinese news. Dow made new highs for the year yesterday. Crude $0.37 higher at $64.42. US $ Index giving up some ground this morning.

Funds continue to add to their already historical short position in corn and the rest of the grains.  Funds now estimated to be short 292,859 contracts of corn (1.464 billion bushels), 76,734 contracts of soybeans and 63,958 contracts of Chicago wheat futures.

Yesterday’s corn market overshadowed by the wheat complex as good/excellent ratings continue to increase and Russia's SovEcon increased its estimate for the 2019 wheat crop to 83.4 million tonnes, up from their 80 million previous estimate. 

Easter Trading Schedule:

 Friday, April 19th

CLOSED- Good Friday as will this office

 Sunday, April 21st

Regular Night Session Open 7:00 PM CST


Employment Opportunities

We have jobs! Siouxland Energy is currently seeking applicants for Shift Operator and Boiler Operator. Learn more about these jobs and fill out our new online application at www.siouxlandenergy.com/employmentapp! We are currently offering a $1000 Sign-on bonus after 6 months of employment!

Siouxland Energy Hours of Operation
Administrative Office
Corn Receiving
7:30am to 4:30pm
Thursday April 18th Receiving Hours
By Product Loading
Ethanol Loading
E100 7 days a week
24 hours a day*
E-85 Loading - Monday-Friday 
*Must have BOL or Order number to load
Local Weather

Sioux Center, Iowa (51250)

Current Conditions: Cloudy
Temperature: 43°F Dew point: 43°F
Humidity: 100% Pressure: 29.84 in. Hg
Wind: 8 mph From: Northwest



Hi: 53°
Lo: 36°

Hi: 60°
Lo: 41°

Hi: 72°
Lo: 43°

Hi: 61°
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Hi: 60°
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Siouxland Cash Bids
Name Delivery End Basis Cash Price Futures Price

View all cash prices...
Quotes retrieved on April 18, 2019, 07:18:48 AM CDT
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
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Corn Receiving Alert

                                                     Siouxland Energy will Start receiving Corn at 11am on April 18th!!!!!                                                            

FREE Price Later

Siouxland will be offering "Free Price Later" delivery starting Monday December 3rd! This room will be based on first come first serve, if space starts getting filled up we may need to slow deliveries. If you have any questions please give Tom E a call 722-3906.

                                                           SIOUXLAND ENERGY AVERAGING CONTRACT

Take all the guess work out of marketing your corn! Call and ask about Siouxland Energy's new Averaging Contract!!! 


Corn Futures Drift Lower Awaiting Export Sales Data -

Corn futures were down 1/2 to 1 cent per bushel on Wednesday. The weekly EIA report showed ethanol production for the week of 4/12 up 14,000 barrels

Soybeans See More Selling On Brazil Estimates -

Soybean futures were down 7 3/4 to 9 1/4 today, following double digit losses on Tuesday. Meal futures are down another $2.60/ton and May soy oil

Cotton Higher Ahead of USDA Export Sales -

Cotton futures settled 17 to 40 points higher. Cotton exports in February were tallied at 1.484 million bales according to newly released Census

Wheat Posts Modest Bounce From Chart Support -

Wheat futures were UNCH to 3 3/4 cents higher in the winter wheat contracts on Wednesday. MPLS was also higher by 1/4 to 1 3/4 cents. The 6-10 day

Ag Market Commentary -

Corn futures were down 1/2 to 1 cent per bushel on Wednesday. The weekly EIA report showed ethanol production for the week of 4/12 up 14,000 barrels

Cattle Mostly Higher With Cutouts Mixed -

Live cattle futures settled 22 cents lower to $0.67 higher with front month April down 22 cents. Feeder cattle futures were down 60 to up 92 cents,

Full commentary...