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|Deal of the Day for 3/27/14|
|New Crop Clock Dakota Gold at $239.00 del. Taking bids at $275 del for New crop Clock Canola just like we did last year. New Crop Beet Pulp Shreads are here, limited tonnage.|
|Wednesday, February 4, 2015|
have been sitting here watching the numbers go by and I have noticed
that quietly we have started hitting some new crop canola prices that
bear a second look.|
At $281.50 del for October-March we are just below the midpoint on which most of this year was done (ie $285.50.
This season it appears that we are getting very close to
the 2014/15 average for April/Sept. Suggesting that the New Crop Oct/March at $281.50 del. might just be the number to start laying down some for next year. For the past 3 years the early-early numbers were the best and in many cases we NEVER got back to them. Look at WCS, we came out at $380.00 del for clock and we canít do $390.00 now a month later.
Same is true for new crop Almond Hulls at $169.00 del. if the drought does last for another year, that could be a very attractive number.
Give me a call if I can do you any good,
|DAIRY FEED NEWS|
|Tuesday January 20, 2015|
While corn prices are going nowhere in a hurry, up one day whatever they were down the day before, Prices for Corn by products however, (other than ddg ) are getting weaker.
Ample local inventory is starting to
work in the dairymenís favor. While I agree that we should see
sharply lower numbers after March when hopefully large and early
planting season will put great pressure for farmers to liquidate the
on farm stored grain & beans, but until then we have JFM Gluten
at $210.50 del and JFM Corn Germ at $216.50 del.
Donít be afraid to bid and volume talks,
Thanks for your time,
|Wednesday October 22, 2014|
|Mega harvest leaves U.S. farmers battling bugs in storage bins|
- With record harvests depressing prices, U.S. farmers are holding
tight to their corn and soybeans and binging on chemicals that protect
stored grain from critters or even leaving corn standing in fields over
winter to avoid storage charges.|
Still flush with cash after years of record income and with shipping rates near record highs, farmers have resources to store grain rather than sell into a down market.
***** Read the whole article here.
|Current US Drought Monitor - New map released each Thursday|
|NATIONAL DAIRY MARKET NEWS AT A GLANCE - For the week of March 2 - 6, 2015|
|February 2015 Update - CIH Dairy Margin Watch|
|Margin Watch is an executive summary of the projected
forward profit margins (not markets) for the dairy industry. Click here
to see how margins have changed and to read about the strategies that
our clients are using to protect profitability. We look forward to your
feedback or inquiries. To see how our service can help you manage your
margins, call us at 1-312-596-7755.
*** VIDEO INTERVIEWS *** CIH sits down with Dairy Consulting Clients, Paul and Corinne Vissers.
Watch the videos here.
Commodity & Ingredient Hedging, LLC