Cottonseed prices are firm across all origins. Ginning is still struggling to begin. Gins are reporting disappointing yields on the first harvested cotton. Tropical Storm Zeta looks like it will make landfall Wednesday and push through the southern cotton belt where additional rain is not needed.
I don’t see any Read More
Cottonseed prices have surged higher at the East Coast, Delta and Texas regions. Soy meal is up another $5-7. Ginning is still delayed due to peanut harvest in the East and rain in the Delta. It appears the upper Mid-West dairies are buying clock cottonseed and willing to pay Read More
The JDH office will be closed Monday Sept 7th in observance of Labor Day.
Please have all load requests for the week of Sept 7th in by Wednesday Sept 2nd noon.
Below are the facility hours where John has product at:
CVAG Modesto
Closed Monday sept 7th
CVAG Penny Newman
Open Saturday Sept 5th normal Read More
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
please see the referenced PDF for information.
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:
IWP
Closed Friday July 3rd
RBT
Closing at noon Friday July 3rd
Penny Newman Modesto
Open Friday July 3rd
CVAG Modesto
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