Policy for Coronovirus covid 19 For Assumption Coop Grain Co.
Assumption Coop wishes to do our part in helping control the spread of Coronavirus. We want to help protect our customers, our employees and the communities we operate in.
Effective March 18, 2020 we will be restricting our company offices to our employees and approved contractors only.
Please contact us by phone if you wish to conduct business. We can mail documents to you or bring them out to your car.We can also email or fax documents to you.
Truck drivers please stay in your trucks while unloading and loading.
Futures
@C - CORN - CBOT
Month
Last
Change
Open
High
Low
Close
Time
More
Jul 20
325'4
-1'6
327'4
329'4
323'2
325'6s
05/29
Sep 20
330'0
-1'6
331'6
333'6
328'0
330'0s
05/29
Dec 20
338'4
-1'4
340'2
342'4
336'6
338'6s
05/29
@S - SOYBEANS - CBOT
Month
Last
Change
Open
High
Low
Close
Time
More
Jul 20
840'6
-6'2
846'0
846'0
837'0
840'6s
05/29
Aug 20
843'4
-5'6
848'0
848'0
840'0
843'4s
05/29
Nov 20
851'2
-4'2
854'6
855'2
848'0
851'6s
05/29
@W - WHEAT - CBOT
Month
Last
Change
Open
High
Low
Close
Time
More
Jul 20
521'4
6'2
513'4
522'2
511'6
520'6s
05/29
Sep 20
524'2
5'6
517'0
525'0
515'0
523'4s
05/29
@YM - E-MINI DOW JONES $5 - CBOT
Month
Last
Change
Open
High
Low
Close
Time
More
Jun 20
25487.00
- 79.00
25448.00
25500.00
24991.00
25378.00s
05/29
My Custom Markets
Symbol
Last
Change
Open
High
Low
Close
Time
More
Closing Market Comments
5-29-20
CORN
Corn finished the week and month of May on a down note with CN and CU settling 1 ¾ cents lower and CZ off 1 ½ cents. During May, CN rose 5 ¾ cents, CU rallied 3 ½ cents, and CZ managed to eke out a gain of 1 ½ cents. Commodity funds, which played a big role in yesterday’s rally, were back to being sellers today with midday sales totals estimated at 9000 contracts. There was little in the way of bullish news for today’s trade and with no fund buying to support the market, prices drifted lower. The weekly export sales report showed old crop corn sales of 16.8 million bu., which was below the range of trader expectations. New crop corn sales were a meager 1.8 million bu. Buyers remained on the sidelines to a large degree today, awaiting President Trump’s press conference on a possible U.S. response to China’s heavy-handed tactics with Hong Kong as they feared that the Phase 1 trade deal would be jeopardized by any economic sanctions the U.S. might place on China. Weather is seen as a negative market factor as a warm and drier pattern is setting up for early June. Monday’s crop conditions report is expected to show 92 to 94% of the U.S. corn crop seeded. Most remaining acres will likely be planted in the next 10 days. Corn rated in good or excellent condition is expected to rise a percent or two from this week’s estimate of 70%.
BEANS
Soybeans were lower today, pressured by concern that deteriorating U.S./China relations will cut U.S. soybean exports. SN declined 6 ¼ cents and SX was 4 ¼ cents lower. During the month of May, SN declined 14 ½ cents; SX was 6 cents lower. Commodity funds were sellers of an estimated 4800 soybean contracts as of midday. Other than waiting for President Trump’s press conference regarding a possible U.S. response to the Chinese/Hong Kong situation, there was little fresh market news. The weekly export sales report showed last week’s old crop sales at 23.7 million bu., which was within the range of trader expectations. The USDA did announce the sale of 132,000 MT’s of beans to China this morning, split equally between old and new crop. There were rumors today that China had bought one more cargo of soybeans, to be shipped from the Gulf, but overall, worry that future Chinese purchases are jeopardized by worsening U.S./Chinese relations prevailed. Monday’s crop conditions report is expected to estimate soybean planting 82% to 85% complete nationwide.
News from the Coop
Try our mobile website m.acoop.com for smart phones.
Also droid.acoop.com for droid phones.
Let us know if you would like to receive the bids by e-mail!
We also send market quotes out by text message, let us know.
