ECG Updates

ESTELLINE COOP GRAIN - YOUR PARTNER IN AGRICULTURE

We have the products and services to help you achieve your goals. From grain marketing, feed and vet supplies to our full service agronomy department. We have the right program, ration, seed and nutrient to help you get the most from every head and every acre. 

 

 

StoneX Morning Grain Comments

January 19, 2022

                 Current Trend:  Higher

Reason: Grains aided by commodity tailwinds, solid demand coming out of holiday period.


News

Estelline Coop Grain offers various types of contracts to help you achieve your marketing goals.  Stop in and we would be more than happy to discuss what options would work best for your operation.

 
Estelline Coop Grain is utilizing a CFA Input Finance Program for the 2022 Crop Year.  This program is available for Seed, Fertilizer, Chemical, & Feed Purchases.  You can register a new account and complete an on-line application at cfas.com.  Please contact us with any questions.  

Local Weather
Estelline, South Dakota (57234)

Current Conditions Clear
Temperature -12°F
Dew Point -19°F
Pressure 30.59 in. Hg
Humidity 70%
Wind 0 mph
From


Forecast


Commentary
Thirty Cent Gains for Beans
The double digit bounce back for Wobble Wednesday ended with beans 1.74% to 2.2% in the black. March beans closed with 30 cent gains. Soymeal also bounced back with 1.67% to 2.1% gains in the front months. The $8.20/ton gain in March was still not enough to overcome all of...
Wheat Markets Stronger on Wednesday
Going home on Wednesday, front month wheat futures had extended their bounce by double digits again. Chicago prices were up 3.3% to 3.75% at the bell, which left the May contract a penny under the $8 mark. KC wheat got back above the $8 mark on 3.5% to 3.6% gains....
Cotton Closes with Triple Digit Gains
At the close for the Wednesday session, front month cotton futures were 265 to 287 points in the black. The March contract faded nearly a penny from their fresh LOC high, which is now 124.78 c/lb. That exceeded the November peak for nearby futures, and is the highest nearby futures...
Hogs Close with Triple Digit Gains
Front month lean hog futures ended the session $0.70 to $2.07 stronger. April was up the most, which reduced the spread to May to $4.62. Feb hogs are now a $9.05 discount to April. USDA’s National Average Afternoon Base hog price was $70.28 in the PM report after a $4.09...
Corn Closed Double Digits Higher
Corn prices rallied on Wednesday ending the session back above the $6 mark. For old crop, the session ended 10 3/4 to 11 cents in the black but went home 4 cents off the highs. New crop prices closed 7 to 7 1/2 cents higher, but near their session highs....
Triple Digit Strength for Wednesday Cattle
Live cattle prices rallied $0.87 to $1.50 during the Wednesday session. Central Stockyards’ weekly FCE auction sold none of the 3,580 head listed. Bids were capped at $137-$138. USDA had cash sales activity from $136 to $137 on Wednesday, matching earlier sales for the week. The bulk of dressed business...

Headline News


Business Hours

 

 OFFICE HOURS

 Telephone:  605-873-2288

  

 

Monday - Friday:  8am - 5pm

Saturday - Closed

Sunday - Closed

 

 

 


Notices

 

 


Estelline Coop Grain Cash Bids
Notes Basis Month Futures Price Basis Cash Price
Corn        
Soybeans        
Spring Wheat        
Oats        
Quotes are delayed, as of January 20, 2022, 05:16:52 AM CST or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

Quotes
Quotes are delayed, as of January 20, 2022, 05:16:52 AM CST or prior.


The CME Group Intercontinental Exchange