Announcements
ACG
 

Futures
@C - CORN - CBOT
Month Last Change Open High Low Close Time More
Sep 19 360'0 -2'4 363'0 365'0 359'0 362'4 09:05A Chart for @C9U Options for @C9U
Dec 19 368'6 -1'4 370'6 372'6 368'0 370'2 09:05A Chart for @C9Z Options for @C9Z
Mar 20 381'0 -1'4 383'0 384'2 380'2 382'4 09:05A Chart for @C0H Options for @C0H
@S - SOYBEANS - CBOT
Month Last Change Open High Low Close Time More
Sep 19 864'6 4'2 860'4 869'4 860'0 860'4 09:05A Chart for @S9U Options for @S9U
Nov 19 877'6 4'6 873'0 882'0 872'2 873'0 09:05A Chart for @S9X Options for @S9X
Jan 20 891'4 4'6 886'6 895'6 886'2 886'6 09:05A Chart for @S0F Options for @S0F
@W - WHEAT - CBOT
Month Last Change Open High Low Close Time More
Sep 19 465'2 2'6 462'6 466'6 460'6 462'4 09:05A Chart for @W9U Options for @W9U
Dec 19 470'2 2'2 468'0 471'6 466'0 468'0 09:05A Chart for @W9Z Options for @W9Z
@YM - E-MINI DOW JONES $5 - CBOT
Month Last Change Open High Low Close Time More
Sep 19 26292.00 66.00 26244.00 26375.00 26138.00 26226.00 09:06A Chart for @YM9U Options for @YM9U
My Custom Markets
Symbol Last Change Open High Low Close Time More

Closing Market Comments

8.21.2019
 

CORN

   Corn closed 1-3 cents higher today, though for a time it appeared a repeat of yesterday was in order – higher overnight, lower close. Funds were light buyers during the session to add to an estimated long position of 8,000 contracts. A market running out of willing sellers and a crop tour not finding higher yields than NASS given credit for today’s green numbers (wheat not faltering didn’t hurt either.) Pro Farmer estimated NE corn yield at 172.6 (NASS 186) and IN at 161.5 (NASS 166) with their final yield estimate expected tomorrow evening or Friday morning. (Apparently threats were made towards USDA field staff helping and they were pulled from the survey – tough environment out there.) Weekly ethanol report showed corn usage at 102 mln. bu. – the lowest weekly usage since mid-April. Ethanol stocks declined 516,00 barrels but still sit at 981 mln. gallons – just below the 1 bln. gallon threshold. Unsurprisingly, ethanol crush margins are in the red. Weekly export sales tomorrow morning expected in the 50 - 400 tmt range. Brazil/Argentina/Ukraine remain tough competitors. Mexico did buy 328 tmt of U.S. corn for 19/20. The DOW is 240 points higher on some good earnings reports in the retail sector and crude is currently off 50 cents at $55.60. Not much “new” news in the grains, so outside markets get a bit more attention.

 

 BEANS


   Soybeans closed 5 cents higher today. Funds were moderate buyers during the session and hold an estimated short position of 75,000 contracts. Field checks showing lower pod counts than last year (with the understanding some plants are still blooming) and concern over maturity dates/frost helping lend some support to soybean futures. Weekly export sales tomorrow expected to be close to zero – will depend on cancellations. China is thought to have picked up 10 – 12 cargoes of Brazil soybeans for October and are thought to be 50% covered for October needs. Brazil soybean FOB offers for October (+138) are running much higher than U.S. NOLA (+42) and PNW (+78) offers, effectively making China their main destination, but when China is basically buying all your beans, does it matter? U.S./China trade negotiations continue to drag on. Both sides continue to posture with not much apparent progress, so we hope there is more going on in the background than seems apparent.


 
  

 


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.


Local Radar
Assumption, IL
Chg Zip Code: 
 
Radar
View complete Local Weather

Local Forecast
Assumption, IL
Chg Zip:

Thursday

Friday

Saturday

Sunday

Monday
High: 80°F
Low: 66°F
Precip: 80%
High: 82°F
Low: 63°F
Precip: 0%
High: 78°F
Low: 59°F
Precip: 0%
High: 78°F
Low: 60°F
Precip: 0%
High: 82°F
Low: 65°F
Precip: 40%
View complete Local Weather

Local Conditions
Assumption, IL
Chg Zip Code: 
Temp: 71oF Feels Like: 72oF
Humid: 99% Dew Pt: 70oF
Barom: 30 Wind Dir: N
Cond: N/A Wind Spd: 0 mph
Sunrise: 6:16 Sunset: 7:44
As reported at TAYLORVILLE, IL at 8:00 AM
View complete Local Weather


DTN Text Messages
Log in
Username:
Password:
Click Here to request a username/password.

 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN