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Dalton City

Delivery Start	Delivery End	Cash Price	Basis	Futures Price	Futures Change
CORN
SOYBEANS

Quotes retrieved on August 22, 2019, 01:18:07 PM CDT
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

Bethany

Delivery Start	Delivery End	Cash Price	Basis	Futures Price	Futures Change
CORN
SOYBEANS
WHEAT

Quotes retrieved on August 22, 2019, 01:18:07 PM CDT
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

August 21,2019

CORN

The overnight markets were higher for corn. Around 7 am, corn was up 1-2 cents. The day session turned a few cents lower early in the day session. However, corn did find buyers at lower levels to push prices into the green at the close. Corn closed up 1-3 cents. The 7 day weather model looks wetter for the Western Corn Belt. The USDA reported that Mexico bought 328,000 tons of US corn this morning. The Profarmer tour released its latest findings last night. They see Indiana corn yield at 161 bpa, vs 166 bpa from the USDA, and 175 on average. Nebraska's corn yield estimate came in at 172 bpa, vs. 186 bpa from the USDA, and 167 on average. They are going through Illinois and Iowa today, and should have more estimates tonight. Weekly ethanol production was slightly lower this week, and inventory stocks were lower as well. An ethanol plant in Wisconsin announced it was going to slow grind going into harvest. This comes after Poet announced yesterday it would idle a plant in Indiana and reduce grind at many of their plants around the Midwest. Many of their plants are in areas that have high Prevent Plant acres. Technically, corn made new lows for the move, but closed higher. Corn spreads were firmer. Area cash basis levels were steady. Funds were net buyers of about 10,000 corn contracts today.

SOYBEANS

Bean prices were 3-4 cents higher around 7 am this morning. The day session saw beans push even higher at the open. They gave back most of the gains before midday, but did close higher. Beans closed up 4-5 cents on the day. Profarmer's estimates for bean yields were mixed. Indiana bean pod numbers came in at 923, vs. 1311 last year, and 1220 on average. Nebraska's bean pod estimate came in at 1210, vs. 1299 last year, and 1217 on average. Midday weather models show beneficial rains for much of the Midwest this week. Tropical Storm Chantel formed in the far N. Atlantic and shouldn't reach landfall in the next week or so. The 8-14 day forecasts continue to be much colder for the Midwest and Plains. Equity markets were firmer on better than expected earnings. The soybean complex was firmer today. Energy markets were mixed. Livestock markets were mixed. The US Dollar is higher, still trading near the highs of the year. Area cash basis levels were steady. Technically, soybeans continue to trade below all major moving averages. Soybean spreads were steady. Funds were net buyers of about 3000 beans, 2000 bean meal, and 4000 bean oil contracts today. Weekly export sales will be released on Thursday, and most don't expect to see high exports this close to the end of the crop year.