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Slightly lower corn and canola, good opportunity before the next run-up
Important Dates to remember.
Please remember that Memorial Day is just around the corner. Please make sure to have all your dairy needs ordered NO LATER THEN May 25th. It is very important to get the loads scheduled to insure delivery on the date you requested.
There will be no trucks or vendors open on MONDAY 5/30
We will not be able to get you any loads MONDAY. Tuesday will not have early AM delivery available unless ordered in advance.
Have a safe Memorial Day!
See our Current Price List Here!
|Friday, May 27, 2016 - Advice on Protein Prices|
The quote below is from the 5-26 Van Trump report and concerns the very big spike in soymeal prices over the past 60 days. Soybean meal for the July contract went from $269.60 on April 8 to $415.30 today. Why? The comments below are a large part of the explanation. I would expect lower protein prices sometime in the next 30-60 days. If we don’t get the reasons are related to Brazil, Argentina and other macroeconomic factors and not supply and demand.
“Keep in mind meal has now moved to highs not seen since late-2014 and the traditional fundamentalist are scratching their head as the "cash market" seems somewhat non-responsive. Most of the traditional fundamentalist will tell you a setup like this could end at any moment with the bullish rug being ripped out form under the market in the blink of an eye. I would agree, especially if we are talking about the markets a few years back. Today's markets however are much more complex and different than in years past. Sector allocations and cross-hedging by the funds have added a new twist. As we can see in today's market the funds continue to defend their extremely long position in the front-end, just as I had anticipated. Their position is not based on traditional fundamental reasoning or on historical supply and demand data. It is more complex and wide-reaching. They are trying to protect assets in various classes and *dark-pools and are using markets we are not accustom to seeing them in... i.e. the soybean market!”
* - Dark pools are offshore non regulated trading platforms – outside the regulation of SEC/US Treasury and not on BT/NYSE/NYME. We are talking for Pirates and friends of Putin. If you have to ask you shouldnt be trading there.
|Wednesday, March 30, 2016 - End of China's Corn stockpiling Threatens Global Feed-grain Trade|
Read More HERE!
|Wednesday, March 23, 2016 - Will South America's Corn Crop Hurt US Exports?|
two biggest U.S. competitors for soybean sales on the world market,
Brazil and Argentina, are making inroads in the corn market. They are
forecast to limit the U.S. share to 32% this marketing year, a drop of
5 percentage points from last year, says USDA. U.S. corn exports of 42
million tonnes would be the smallest since the 2012 drought, although
still the largest in the world.|
Read More HERE!
|Tuesday, February 16, 2016 - A Weather Market for Corn in 2016?|
|DAIRY FEED NEWS|
|Tuesday, October 13, 2015 - Corn not going down anytime soon!|
|Current US Drought Monitor - New map released each Thursday|
|NATIONAL DAIRY MARKET NEWS AT A GLANCE - For the week of May 4-8, 2015|