ECG Updates

 

 

StoneX Morning Grain Comments

August 9, 2022

                 Current Trend:  Higher

 Reason:  Grain and oilseed markets are higher on declining crop ratings.


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 Sunny
Temperature 64°F
Dew Point 59°F
Pressure 30.08 in. Hg
Humidity 84%
Wind 9 mph
From South


Forecast


Commentary
Hogs Look to Extend Gains on Tuesday
Lean hog futures were up 30 to 97 cents on Monday. October was trying to close a large discount to August, with contacts up $1.90. The USDA’s National Average Base Hog price was $127.48 on Monday afternoon down $1.59 from the previous day. The 8/4 CME Lean Hog Index was...
Cattle Look to Tuesday Trade
Live cattle futures were 15 to 47 cents higher on Monday. Last week’s cash market stayed mostly near $135-136 in the South and $143-147 in the North. Monday action was mostly compiling showlists for the week. Feeders were the leaders, with contracts up $1.17 to $2.22 on Monday. The CME...
Cotton Starts Turnaround Tuesday Higher
Cotton futures are trading 28 to 167 points higher this morning, with thinly trade Oct the exception, down 34 points. They were mixed yesterday, with front months 10 to 54 points lower on Monday. Deferred contracts were up 28 to 34 points. The weekly Crop Progress report from USDA had...
Corn Rallies on Condition Ratings Drop
Corn futures are trading 9 to 16 ¼ cents higher this morning. They were down 1 to 2 ¾ cents in most contracts on Monday, with a few deferred contracts steady. USDA reported separate new crop flash sales of 105,000 MT to Italy and 120,000 MT to unknown destinations via...
Wheat Higher Following Overnight
The wheat complex is 14 to 19 cents higher this morning, after starting the week mixed on Monday. Chicago SRW led the way to the upside, with contracts 2 to 5 ¼ cents higher. KC HRW saw mixed action, with front months down ½ to 1 ½ cents and deferred...
Soybeans Higher on Tuesday Morning
Soybean futures are up 21 to 36 ½ cents following overnight action. They were up ¾ to 4 ¾ cents in the front 2 contracts on Monday, with the new crop months down 2 ½ to 9 ¼ cents. Meal futures were the weak spot of the values, with contracts...


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 August 09, 2022, 09:14:01 AM CDT 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 August 09, 2022, 09:14:01 AM CDT or prior.


The CME Group Intercontinental Exchange