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If you are a SLC member and are interested in running for the Board of Directors, please contact Renee at our main office at 515-924-3555. 

 

Covid – 19 Update # 6

As of Monday August 10, 2020 SLC Covid-19 policy change will include the following:

  • SLC staff will be allowed to conduct meetings with outside companies and individuals
  • All SLC offices will be open as normal
  • SLC staff will be able to meet internally

The current policy will be in place until situations change. This policy is in conjunction with the Covid-19 decision tree plan sent last week. Please stay safe. Thank you.



Futures
Quotes retrieved on October 27, 2020, 12:30:11 AM CDT



SLC Commentary

StateLine Cooperative Afternoon Comments October 26th

Corn North Burt: down 2 $3.83

Corn prices saw pressure from weakness in the wheat, energy and equity markets. Additional pressure came from a stronger US$. Harvest delays continue from rain events across the ECB and recent snow/rain mix in the WCB.    

  • Closes: December at $4.17 ¼, down 2 cents, March at $4.17 ¾, down 2 ½ cents, July at $4.18 ¾, down 2 cents.
  • Most months hit resistance near the $4.20 area.
  • Weekly export inspections were disappointing at 636 tmt.
  • Harvest progress is estimated at 73% complete (68-75) versus 60% last week.

 

Soybean: up 2 @ $10.18

Soybeans started the session lower but managed to pull themselves back into positive territory for Nov/Jan/March. Weekly export inspections were decent for this past week, leaving some thoughts that we may see an increase in soybean exports on the next USDA monthly S&D report.

  • Closes: November at $10.86 ¾, up 3 cents, March at $10.67 ¾, up 1 ¾ cents, July at $10.57 ¾, down 2 cents. The products were stronger with meal up 2-3 bucks and oil up 31 points.
  • The Nov & Jan seemed to have topped out just short of $10.90.
  • Weekly export inspections were solid at 2.7 mmt.
  • Harvest progress expected to be 86% complete (83-89) versus 75% last week.

 

 

 

 

 

 

 

      

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

          



Forecast
Burt, Iowa (50522)
Current Conditions Clear
Temperature 19°F
Dew Point 19°F
Pressure 30.36 in. Hg
Humidity 100%
Wind 0 mph
From


Forecast



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