News

 

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Futures
Quotes are delayed, as of January 20, 2022, 12:52:40 AM CST or prior.



SLC Commentary

Stateline Morning Comments January 19th 2022

Corn Up 6 @ 5.97

  • Corn is trading higher 4 ¾ cents early Tuesday.
  • Demand for corn from ethanol plants is slowing this time of year. Last week’s report showed the highest ethanol inventory since February 2020.  Basis is backing off.
  • CH22 up 4 ¾, at $6.04 ¼, CK22 up 4 ½, at $6.04 ½, CZ22 up 2 ½ at 5.60, CZ23 up 3 ¾ at 5.31 ¾.

 

Beans Up 17 @ 13.23

  • Soybeans are trading double-digit higher this morning.
  • The NOPA crush report showed an increase this month to 186.438 mln bushel.  This is up 4% from last month and a 2% increase from last year. 
  • March soybean meal fell $15.50 yesterday, pressured by rain in Argentina with more expected in this week’s forecast.
  • Soybean crush values based on March futures contracts are still highly attractive for crush activity.
  • SH22 is up 14 ¼, at $13.76, and SK22 is up 14 ¼, at $13.85, SN22 is up 13 ¾ at 13.90 ¾, SX22 is up 11 ½, at 12.95 ½.
  • March Meal is up $4.10 at $394.20 and March soy oil is up .79 at 59.87.

 

 

 

 

 

 

 

 

 

 

 

 

 

      

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Forecast
Burt, Iowa (50522)
Current Conditions Clear
Temperature -9°F
Dew Point -13°F
Pressure 30.60 in. Hg
Humidity 84%
Wind 8 mph
From North


Forecast



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