Cottonseed prices came off last week as Gavilon decided to put out lower offers. I have talked to many gins in each origin (TX, OK, AR, MO, MS, TN and GA) and have concluded there has been zero gin selling. We have a USDA production report this Wednesday and Read More
Summary: If StoneX’s (INTL FCStone) corn estimate is too high, the median error (in years when the StoneX’s estimate was too high) was 1.6%. Based on StoneX’s estimate of 15,320 Mil Bu, that would equate to about 252 Mil Bu less – – or 15,068 Mil Bu. USDA’s July WASDE corn Read More
From the Desk of – Todd Parker – Penny-Newman Grain
Cottonseed prices are unchanged to start the week. Origin values have traded sideways for the second week. Texas is at $260 old and $250 new, The Delta States are at $225 old and $215 new, and the Eastern States are Read More
The JDH office will be closed Friday July 3rd in observance of 4th Of July.
Please send in all order requests by July 1st 10 am.
Below are the facility hours that John has product at:
Closed Friday July 3rd
Closing at noon Friday July 3rd
Penny Newman Modesto
Open Friday July 3rd
Closed Friday Read More
Margins improved significantly over the first half of May following a strong recovery in milk prices due to optimism stemming from
government intervention to aid the dairy sector. USDA announced that it would spend $317 million between May 15 and June 30 on
dairy products, and $175 million for food donation Read More
The JDH office will be closed Monday May 25th in observance of Memorial Day.
Please send in order requests by Thursday May 21st 10am.
Below are the facility holiday hours where John has product at.
Monday 5/25- Closed
Friday 5/22- last truck on scale 4pm
Monday 5/25- Closed
Van G Selma
Saturday 5/23- Read More
Good morning. Corn
futures are starting off the week slightly in the red, with the May contract
down 3/4 cent to $3.43. The May contract is currently a dime off its recent
low, thanks in large part to a 29.7 million-bushel sale of corn to the Chinese.
We’ve been waiting a long time Read More