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Today's Bids &
Phil's Comments |
| Daily Closing at
4:00pm
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Posted for... Tuesday Nov 18, 2008 3:35 p.m.
**** CHECK ABOVE DATE & CALL OFFICE WHEN THIS PAGE HAS NOT BEEN UPDATED FOR THE CURRENT BIDS & COMMENTS - THANKS!
Additional Information Cargill-Morris - Mon- Waxy corn only & beans 7-5 ADM/Growmark - Morris M-F 7-5
Elburn Coop - corn only Wet 7-12 Dry 7-5
Bunge Milling (Short) - KKK - Tu-Fr 6-4
SOLAE - 7-3
Access Ag Ransom - 7-6 Mazon - 7-6
Prairie Central - 7-6
Beans **** PLEASE CHECK ABOVE DATE BEFORE TAKING BELOW BIDS AS MOST RECENT!!!!!
Today's prices: To Solae - $8.89
To Chanahon Container - $8.77
To Morris: Nov 8.86 +7 Dec 8.97 0 Jan 8.94 -5 Feb 8.94 -5
Today's LDP - .00
Corn **** PLEASE CHECK ABOVE DATE BEFORE TAKING THE BELOW BIDS AS MOST RECENT!!!!!!!!!
Today's prices: To Chanahon Container -$3.50 To Prairie Central - $3.66 To Access - $
To Morris: Nov 3.36 -10 Dec 3.48 -10 L/Dec 3.54 -8 Jan 3.59 -7 Feb 3.63 -7
Today's LDP = .00
Did You Know? You can "List or Buy" your property with us. Phil is a real estate broker & Karen is a sales associate thru Ron Wilder Real Estate. AND we also have a full line of insurance available - call us for a quote!!
Phil's Comments ***Cargill Market outlook - Thurs Nov 20th - bus will pick up here @ 4:15 - Dinner 5:30 @ Utica back here by 9:30
Corn closed 5 3/4 cents lower on weak demand worries. Most feel ethanol plants are cutting back because of poor profit margins & export demand has gotten off to a slow start. Also, worries that new president will follow thru on his campaign promises to unions & drastically cut foreign trade - a disaster for Agriculture.
Soybeans ended 4 1/2 cents lower in very quiet trade. USDA put soybean harvest @ 95% done but corn only 78% - that means over 2 bil bu. of corn is still out in field. After we closed, stock market rallies 140 pts. & crude fell to down .50.
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Futures trading is not for everyone.
You must be financially fit to trade and able to tolerate typical market movements.
If you are considering trading on the futures markets, please check with your
financial advisor to see if commodity trading is for you. |
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