now available (through 8/31/15) on corn and beans delivered out of your bins on space available basis. Call your local elevator for details . GRAIN DELIVERIES TO DILLSBURG are limited due to construction. Please call Shane Drayer at 217 280-0851 or Frank Sylvester 217 369-1531 for details.
PLEASE BE AWARE: Premier is not accepting Duracade® corn grown in 2014.
Overnight the markets traded lower. Currently corn is trading 2-4 lower, soybeans 2-4 lower, and wheat 2-4 lower. The outside markets are weaker this morning with crude oil trading lower, gold lower, and the dollar higher.
IN OTHER NEWS:
_ Tuesday, April 21st, 2015
A flock of 5.3 million chickens in Iowa has been infected with a deadly strain of bird flu, the U.S. Department of Agriculture said on Monday, the biggest flock yet to be hit by the virus.
Japan's Ministry of Agriculture is seeking to buy a total of 107,743 tonnes of food quality wheat from the United States and Canada in a regular tender that will close late on Thursday
China's COFCO, the commodity consuming giant's largest state run grain trading company, said that listing (via IPO) could help its ambition to become a global market player. In just over a year, COFCO has invested $2.8 billion to transform itself from a procurement operation into a global agricultural trader, via stakes in Noble Group Ltd's agribusiness and Dutch grain trader Nidera. He said the plan would be to list all of COFCO's, Noble's, and Nidera's agricultural assets together.
China, the world's top buyer of soy, is projected to import 82.66 million tonnes of the oilseed in 2024, a rise of 15.8 percent from 2014, but it will remain a small net importer of rice, wheat and corn in the coming decade, according to an official forecast.
Archer Daniels Midland Company today announced an agreement to purchase several assets of Eaststarch C.V., ADM`s 50-50 joint venture with Tate & Lyle. Under the terms of the agreement, ADM will take full ownership of corn wet mills in Bulgaria and Turkey, and will own a 50 percent stake in a wet mill in Hungary. Tate & Lyle will receive a cash consideration of €240 million, subject to customary closing adjustments, including for net cash and working capital, and take full ownership of the Eaststarch facility in Slovakia.
Grains powerhouse Argentina said on Monday it had authorized the export of an additional 3.5 million tonnes of the 2014/2015 corn crop.
US corn planting progress was at 9%, up 7% from last week (13% 5 year average). Iowa corn planting progress is at 7% complete. Illinois corn planting is at 15% complete.
Winter wheat G/E conditions were unchanged week over week at 44%.
HAVE A PREMIER DAY The information contained in this report is believed to be reliable but is not guaranteed to accuracy or completeness by Premier Cooperative, Inc. This report is provided for information purposes only and is not furnished for the purpose of, nor intended to be relied upon for specific trading in commodities here in.
The future prices and elevator bids on this web site are delayed. For the current bids please check with your local elevator.
Premier Cooperative's bids are alway subject to change without notice from this web site.