Monthly Archives:: April 2015

Weekly Grain Update 4.24.15

The rapid spread of the deadly bird flu had the market on edge and trending lower for much of the week. As more reports of infected barns surfaced, demand for corn and soybean meal was put into question. The full impact on demand will not likely be felt for some time though, depending on how long the out-break lasts. The US Dollar index traded higher early in the week which also contributed to the downward pressure on grains.

National planting progress reported on Monday showed the US still behind the five year average pace for corn. The slow start did little to spur any rally. Progress is not expected to show much gain when we see the next update on Monday. Weather over the weekend looks to slow progress early, but by Sunday and into next week, locally at least, we should see activity ex-pand at a fast clip. Even though we are just a week away from May 1st, there is little concern in the marketplace regarding the slow start.

Basis levels are seen as slightly weaker to end the week. End users appear to have enough coverage for the time being, and with rain bring trucks back to hauling grain, quick-ship premiums are fading quickly.

Read Full Market Update

Brought to you by the CHS – Rochester Grain Team
Kasson: 507-634-7545 ext 7
Ostrander: 507-657-2234

This Material has been prepared by a sales or trading employee or agent of CHS Rochester and should be considered a solicitation.  The information contained in this presentation is taken from sources which we believe to be reliable, but is not guaranteed by us as to accuracy or completeness and is sent to you for information purposes only.  There is a risk of loss when trading commodity futures and options.  CHS Rochester bases its recommendations solely on the judgment of CHS Rochester personnel.

Free Delayed Pricing

Starting today, 4/13/15, CHS-Rochester will be offering FREE Delayed Pricing for both corn and soybeans.

  • New delivered bushels only
  • Must be priced by 8/14/15
  • Subject to space availability, call before you haul
  • Subject to discounts at time of delivery
  • Price based on nearby bid

Contact the Kasson Grain Office, 507-634-7545 ext. 7 or the Ostrander Grain Office, 507-657-2234 for more information.

Welcome!

Welcome to CHS-Rochester Grain News!  Check back often for announcements and updates from the grain department.  
You can click the link below to check on Today’s Grain Prices, or select the Grain tab above to find more news and information.  If you would like to reach a grain buyer, feel free to call:

Aaron Ulland at 507-634-7545 ext 426 or
Jared Schaefer at 507-657-2234

We look forward to working with you.

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