Week of 1/20/2020

Monday-Friday: 7:15am-4pm

Enogen: Same as above, call to schedule

 Now taking up to 20% moisture, zero drying up to 18% then 3 cents/point 18.1 and up

 **Ice (both visible and unseen) is present at both of our sites. Please utilize caution when visiting our Plant and Administrative Office.**


Quad County Cash Bids
Name Delivery Start Delivery End Futures Price Basis Cash Price Futures Change Basis Month
#2 Corn              
Quotes retrieved on January 21, 2020, 11:48:03 AM CST
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

Futures Quotes
Quotes retrieved on January 21, 2020, 11:48:03 AM CST

Market Commentary
Double Digit Losses in the Soy Market
The soy market comes out of the holiday break with sharp losses, futures are down 11 to 12 3/4 cents so far at midday. Soybean meal futures are down by $0.70/ton. March bean oil are 70 points lower following plunging palm oil futures. The AgRural pub...
Hog Market Making Midday Gains
Lean hog contracts are higher after the extended weekend; futures are climbing 15 to 35 cents so far with April leading the way. The CME Lean Hog Index was 31 cents lower on 01/17 to $60.14. Chinese pork production from 2019 was down 21.3% yr/yr hitt...
Cotton Down Triple Digits
Cotton futures start off the trade week with 108 to 177 point drops; the March futures are down the most so far. MLK Day on The Seam online cotton trading platform started off the week with light holiday trading as 592 bales were sold at 57.32 cents/...
Wheat Higher on Tuesday
The wheat market is higher after the holiday weekend, with Chicago leading the way. Chicago SRW futures are up by 9 1/2 cents at midday. KC HRW wheat futures are 4 cents higher, and MGE wheat futures are up by 2 1/2 so far. Preliminary open interest ...
Ag Market Commentary
Corn futures come out of the extended weekend with 1 3/4 to 2 1/4 cent losses in the front months. Preliminary open interest data showed massive short covering, dropping -32,089 contracts in the session. The USDA reported corn exports for the week en...
Midday Cattle Market Mostly Lower
Live cattle futures are mixed with futures posting midday movements of 2 to 15 cent drops, to a nickel gain in the June contracts. Nearby feeder futures are down 25 to 32 cents so far. The CME Feeder Cattle index was down by 61 cents on 01/16 to $145...

Local Weather
Galva, Iowa (51020)

Current Conditions Light snow
Temperature 9°F
Dew Point 9°F
Pressure 30.28 in. Hg
Humidity 100%
Wind 18 mph
From South


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