Midwest Ag Service is nearly full and will be taking in contracted corn only.
BULK WHEAT SEED MOVED TO CORNING Due to upgrades to the treater and bulk seed facility in Centralia, we have moved bulk wheat seed to Corning. Contact Craig at 785-868-2040 for your bulk wheat seed needs.
Sign up to receive futures markets text updates as well as cash bids at the bottom of the NCCA homepage.
Grain Comments Yesterday December corn got within 1 tick away from the $4 mark which was met with a flood of technical selling pressure and closed down 2 at $3.96. It looks like $4 will be a point of significant resistance that must be penetrated to sustain any rally. Grains are mixed this morning as are the financial markets. Wheat is up 2 while corn and soybeans are down 2 and 4 cents respectively. The size of the bean and corn crop are really starting to affect the cash markets as elevators throughout the Corn Belt are getting slugged and going to contracted grain only. Sales across the scale are being forced as a result. Weekly export sales were solid for soybeans, coming in at 1,284.6k tons. Corn and wheat sales were on the low side as they totaled only 519.7k and 288.2k tons respectively. Ethanol production was up again this week to 950k barrels per day vs. last week’s 943k bpd and the seasonal low of 938k bpd, the week prior. Look for lower trade this morning as traders position themselves for tomorrow’s USDA World Ag Supply & Demand report. 10/8/15