Local Cash Bids
 
CORN
  Dalton City Bethany
Cash Price Cash Price
 July 2019  Chart Chart
 Fall 2019  Chart Chart
 Jan 2020  Chart Chart
 Fall 2020  Chart Chart

SOYBEANS
  Dalton City Bethany
Cash Price Cash Price
 July 2019  Chart Chart
 Fall 2019  Chart Chart
 Jan 2020  Chart Chart
 Fall 2020  Chart Chart

WHEAT
  Bethany
Cash Price
 July 2019  Chart

Price as of 07/21/19 04:22AM CDT.
Month Symbols
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Daily Commentary

July 19th, 2019

Corn
Corn futures closed 6 cents lower today – helping offset at least some of the sell-off, but CU still fell 23 cents this week. Funds were buyers of 12,000 contracts at mid-day and held an estimated long position of 156,000 contracts to start the day. Lack of selling interest into the weekend and thin trade helped lend some support today. Very hot weather this week in most of the corn belt failed to garner much interest as it’s expected to break this weekend. Crop conditions are expected steady/slightly better on Monday – somewhat surprising considering this week’s weather, but the improvement will most likely be in the western belt. USDA officials spoke this week regarding the August S&D and the amount of data that would go into their acreage and yield calculations that will include FSA acreage certification as well as satellite data. They also referenced the issue of corn planted on prevent plant ground and estimating acreage harvested for grain. Lack of objective yield data was dismissed as being problem regarding a yield forecast as August is never a good month for exact information. Takeaway from this is whatever is issued in the August S&D, be prepared for additional meaningful changes. Talk this week resurfaced regarding corn acres dropping 7-8 mln. acres from current USDA reportings.
 
Soybeans
Soybean futures closed 20 cents higher today as short covering and talk of China buying U.S. beans lent some support. Funds were estimated buyers of 20,000 contracts mid-session, and if so would have cut their estimated short position in half. China reportedly buying 15-17 cargoes of Brazilian beans and 7-8 cargoes of Argentinian beans reflected their continued need for supplies and helped push ideas they were in the U.S. market for possible Aug/Sept needs and/or Dec/Jan needs. U.S./China trade talks, at least on the surface, appear to be going nowhere so soybean purchases would be outside normal channels. At the same time there were wire stories today regarding lower protein content in Brazilian beans this year and the possible problems this might pose regarding exports to China. Problem is that even at lower protein they most likely are higher protein than U.S. offerings. Brazil’s Safras estimates 19/20 production at 123.8 MMT vs. 118.2 MMT this year. As with corn, the market is following changes to U.S. acres and yield, with 2-3 mln. acres of prevent plant back on the table – issue is how does this fit in current USDA projections in the July S&D vs. the upcoming August S&D?
 

Headline News
Trump Reverses Criticism of Chant 07/20 09:11
Asylum Seekers Sent to Dangerous Area 07/20 09:18
Iran Seizure of Tanker Reciprocal Move 07/20 09:07
Apollo 11 Astronauts Reunite for Anniv.07/20 09:14
Japan Vows Action if SKorea Hurts Biz 07/20 09:17
Puerto Rico Gov. Quiet Amid Protests 07/20 09:10
Iraq Forces Launch Anti-IS Operation 07/20 09:13
US Stocks Close Lower 07/19 16:49

DTN Market News
DTN Weekly DDG Average Price Slightly Lower
DTN Early Word Grains 07/19 06:03
DTN Midday Grain Comments 07/19 11:08
DTN Closing Grain Comments 07/19 13:50
DTN Cattle Close/Trends 07/19 15:35
DTN Early Word Opening Livestock 07/19 06:00
DTN Midday Livestock Comments 07/19 11:52
DTN Closing Livestock Comment 07/19 16:14
DTN Chart Technical Points 07/19 16:30
US Direct Feeder Pigs 07/08

DTN Ag Headline News
Dealing With Heat Stress
Pests of the Week
Senator Urges Delay in ERS, NIFA Move
View From the Cab
Kub's Den
Dicamba Injury Study
Livestock Industries Want USMCA Passage
Hay Prices Rising
More Resilient Flood Control

Contact Info
Heritage Grain Cooperative
PO Box 12
Dalton City, IL 61925
217-874-2392 Dalton City
800-947-2392 toll-free
217-874-2090 fax
217-665-3392 Bethany
shawn.kinkade@heritagegrain.com
cory@heritagegrain.com

patty@heritagegrain.com
ashley@heritagegran.com



This data and these comments are provided for information purposes only and are not intended to be used for specific trading strategies.  Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness.  The risk of loss in trading futures and/or options is substantial.  Each investor must consider whether this is a suitable investment.  When trading futures and/or options, it is possible to lose more than the full value of your account.

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Local Radar
Dalton City, IL
Chg Zip Code: 
 
Radar
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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 19 425'4 434'0 423'6 432'0 6'2 430'6s 07/19 Chart for @C9U Options for @C9U
Dec 19 430'6 439'0 428'4 437'0 6'0 435'6s 07/19 Chart for @C9Z Options for @C9Z
Mar 20 439'0 446'6 437'2 445'0 5'6 444'0s 07/19 Chart for @C0H Options for @C0H
May 20 443'0 449'6 441'2 449'0 5'6 448'0s 07/19 Chart for @C0K Options for @C0K
Jul 20 446'4 452'4 444'4 452'2 5'4 451'2s 07/19 Chart for @C0N Options for @C0N
Sep 20 421'0 426'6 421'0 426'6 3'6 425'4s 07/19 Chart for @C0U Options for @C0U
Dec 20 416'0 419'4 415'6 419'4 1'6 418'4s 07/19 Chart for @C0Z Options for @C0Z
Mar 21 427'2 428'2 426'0 427'4 1'4 428'0s 07/19 Chart for @C1H Options for @C1H
May 21 432'6 432'6 432'6 432'6 1'4 433'6s 07/19 Chart for @C1K Options for @C1K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Aug 19 881'6 905'6 879'4 901'0 20'2 901'4s 07/19 Chart for @S9Q Options for @S9Q
Sep 19 887'4 911'6 885'2 906'6 20'2 907'2s 07/19 Chart for @S9U Options for @S9U
Nov 19 899'4 924'0 897'2 919'2 20'2 919'2s 07/19 Chart for @S9X Options for @S9X
Jan 20 912'0 936'0 909'6 931'2 20'2 931'6s 07/19 Chart for @S0F Options for @S0F
Mar 20 922'4 945'0 920'2 940'6 19'2 940'4s 07/19 Chart for @S0H Options for @S0H
May 20 930'2 951'6 929'0 949'0 18'6 948'6s 07/19 Chart for @S0K Options for @S0K
Jul 20 938'6 960'2 937'2 956'4 17'6 956'4s 07/19 Chart for @S0N Options for @S0N
Aug 20 946'4 946'4 945'4 945'4 17'6 959'2s 07/19 Chart for @S0Q Options for @S0Q
Sep 20 955'4 955'4 955'4 955'4 15'6 955'4s 07/19 Chart for @S0U Options for @S0U
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Sep 19 494'6 516'6 492'4 503'4 9'0 502'4s 07/19 Chart for @W9U Options for @W9U
Dec 19 506'0 527'0 504'4 513'4 8'2 513'4s 07/19 Chart for @W9Z Options for @W9Z
Mar 20 517'2 538'2 516'4 525'6 7'4 525'2s 07/19 Chart for @W0H Options for @W0H
May 20 525'2 543'4 525'2 530'4 7'4 531'0s 07/19 Chart for @W0K Options for @W0K
Jul 20 523'0 543'4 523'0 531'2 7'0 531'2s 07/19 Chart for @W0N Options for @W0N
Sep 20 529'4 548'6 529'4 537'6 7'2 538'0s 07/19 Chart for @W0U Options for @W0U
Dec 20 541'0 560'0 540'6 548'6 7'2 549'4s 07/19 Chart for @W0Z Options for @W0Z
Mar 21 563'2 565'2 563'2 565'2 7'2 557'6s 07/19 Chart for @W1H Options for @W1H
May 21 556'4 561'2 556'4 561'2 7'4 559'4s 07/19 Chart for @W1K Options for @W1K
@ZG - Not Authorized - ICEFU
Month Open High Low Last Change Close Time More
Jul 19 Chart for @ZG9N Options for @ZG9N
Aug 19 Chart for @ZG9Q Options for @ZG9Q
Sep 19 Chart for @ZG9U Options for @ZG9U
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Sep 19 432'6 452'2 431'2 440'0 7'2 440'0s 07/19 Chart for @KW9U Options for @KW9U
Dec 19 453'2 471'4 452'0 459'2 6'4 459'6s 07/19 Chart for @KW9Z Options for @KW9Z
Mar 20 472'0 490'4 471'6 478'6 6'0 479'2s 07/19 Chart for @KW0H Options for @KW0H
SP - S&P 500 INDEX - CME
Month Open High Low Last Change Close Time More
Sep 19 3006.50 3007.50 2976.50 2977.00 - 20.70 2976.90s 07/19 Chart for SP9U Options for SP9U
Dec 19 2951.00 - 20.30 2979.60s 07/19 Chart for SP9Z Options for SP9Z
Mar 20 2815.70 - 19.90 2983.20s 07/19 Chart for SP0H Options for SP0H
My Custom Markets
Symbol Open High Low Last Change Close Time More

Local Conditions
Dalton City, IL
Chg Zip Code: 
Temp: 80oF Feels Like: 84oF
Humid: 79% Dew Pt: 73oF
Barom: 29.85 Wind Dir: SSW
Cond: N/A Wind Spd: 9 mph
Sunrise: 5:44 Sunset: 8:19
As reported at DECATUR, IL at 3:00 AM
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Local Forecast
Dalton City, IL
Chg Zip:

Sunday

Monday

Tuesday

Wednesday

Thursday
High: 86°F
Low: 72°F
Precip: 75%
High: 76°F
Low: 65°F
Precip: 34%
High: 82°F
Low: 57°F
Precip: 0%
High: 82°F
Low: 58°F
Precip: 0%
High: 83°F
Low: 60°F
Precip: 0%
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