ATTENTION: Does setting a floor now with UNLIMITED UPSIDE potential, if the market rallies, sound good to you? Call us about the FOUNDATION contract. Kurt- Sidney 688-2307 Tom- Tolono 485-6630 Maynard- Dewey 897-1111
PLEASE BE AWARE: In light of recent developments we have re-evaluated our policy regarding acceptance of corn with traits that are not approved for worldwide consumption. To protect access for all Premier members to all available markets we will NOT be accepting Duracade® corn grown in 2014. A letter was sent to all patrons the week of March 3, 2014 to further explain Premier’s position.
GRAIN FROM BINS Corn & Soybeans delivered now are eligible for FREE DP through Aug 31, 2014
Day 1 of the ND Grain Growers Association spring wheat tour found big spring wheat yields with abundant soil moisture and cool weather helping foster crop development following an uneven planting season. Yield potential calculated across the southern areas of the state was calculated at an average of 48.3 bpa based on 156 fields compared to 43.3 bpa last year and the 5 year average of 42.9 bpa.
Yet another port workers strike at the Argentine port of Rosario, this separate from the strike which was resolved earlier this week.
China sold 54,945 MT (15.5%) of the 354,470 MT of soybeans offered from state reserves overnight.
Dupont said they see struggles again in the current quarter as they cope with farmer’s preference for soybeans over corn. They said they expect their ag unit to post a similar 3Q loss as they did the prior year, which was the last quarter the unit lost money. Dupont also announced job cuts of the low single percent of the 60,000 people employed world wide.
Japan received no offers in their feed wheat or feed barley tender.
SovEcon said Russia has harvested 22 mmt of wheat so far (7/18) w/ yields averaging 3.6 mt/ha vs 3.1 mt/ha Y/Y.
USDA reported a flash sale of 20,000 MT of soybean oil to unknown destinations for 2014/15
USDA reported a flash sale of 180,000 MT of US meal to Vietnam for 2014/15
USDA reported a flash sale of 225,000 MT of US meal to unknown for 2014/15
USDA Weekly USDA EXPORT SALES Thursday 7/24/2014 @ 7:30 am
HAVE A PREMIER DAY The information contained in this report is believed to be reliable but is not guaranteed to accuracy or completeness by Premier Cooperative, Inc. This report is provided for information purposes only and is not furnished for the purpose of, nor intended to be relied upon for specific trading in commodities here in.
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