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Grains traded both sides of the market again Tuesday night witht May corn futures are holding steady at $4.96 while soybeans are drifting lower at $14.70. Two more soybean vessels originally destined for China are now being redirected to US ports, this in addition to two others already coming this way. Reports of financial issues coming out of China regarding credit, payments and cancellation of shipments in an attempt to renegotiate a lower price were surfacing the past few days.
With the recent price rally we now have enough corn bought for Midwest Ag to meet our summer needs. If you still have farm stored corn I do have a few contracts available going to the terminal market if your interested call Charles 785-336-6153.
Northern and western areas got some rain Wednesday, and Thursday will see more of the same. Areas of the Southern Plains will also see some moisture. The eastern Midwest will be mostly dry. » More DTN Weather Commentary
Grain is purchased during Market hours between 8:30 am -1:10 pm. Grain offers after the close will be placed in the night session which operates from 7:00 pm - 7:45 am. Our Cash Bids on this website are based on an electonic CBOT 15 minute delayed quote and are subject to change without notice. Phone 785-336-6153 or Toll Free 877-336-6153