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- Grain elevators are expected to have slimmer margins YoY from buying sharply higher basis on corn, soybeans, and wheat. Revenues will also be stressed for elevators as they incentivize farmers to sell by offering discounts on storage, free delayed pricing, or free grain drying.
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WebFutures Month Cash Price Basis; Corn : JULY 24: 3.84-0.75: N/C Corn: DEC 24: 4.19-0.65: Soys: JULY 24: 11.47-0.80: N/C Soys: NOV 24: 11.33
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WebDENVER (November 14, 2023)—The profit outlook for U.S. grain elevators storing corn and soybeans has improved significantly for the 2023-24 marketing year with buy basis …
Grain Comments: 05-15-2024 - Cooperative Farmers Elevator
Web2 days ago · Grain Comments: 05-15-2024. May 15, 2024. Grain Commentary. Good morning. The choppy trade at the CBOT continues, as ag markets are higher in the …
WebJul 5, 2023 · Co-ops and elevators could begin to lower the amount they’ll pay for grain upfront in order to protect against rising storage costs. TopAg’s Harre has been in the …
WebRising Cost of Carry Will Force Co-op Grain Elevators to Lower Bids, Widen Basis. May 2023. Grain merchandisers have endured rising costs of storing, or carrying, grain and …
Report: Grain storage improves for US elevators, bushels remain …
WebPress release. November 14, 2023. marcson | Pixabay.com. The profit outlook for U.S. grain elevators storing corn and soybeans has improved significantly for the 2023-24 …
WebJul 13, 2023 · Co-ops and elevators could begin to lower the amount they’ll pay for grain upfront in order to protect against rising storage costs. However, this year’s awkward …
WebThat is putting a significant squeeze on grain elevators, which may be forced to lower their local bids on grain to manage through the unfavorable economics of holding …
WebJul 10, 2023 · Co-ops and elevators could begin to lower the amount they’ll pay for grain upfront in order to protect against rising storage costs. However, this year’s awkward …
WebAug 4, 2023 · May 6, 2024. Higher grain prices can be great for farmers. But when a grain elevator buys from a farmer, those higher prices are passed on to it. The elevator stores …
Elevators Will Lower Bids, Widen Basis as Higher …
WebJun 1, 2023 · JULIET, Tenn. (DTN) -- The cost of grain storage at elevators is expected to hit records this year, and that could translate into lower cash grain bids and wider basis levels, according to a...
Grain elevator outlook explored in CoBank report - Farm Progress
WebDec 15, 2020 · Having already accelerated merchandising, elevator activities will be limited over the next three months until the market has greater visibility to U.S. planting …
Grain Storage Outlook Improves for U.S. Elevators, but
WebDENVER, Nov. 14, 2023 (GLOBE NEWSWIRE) -- The profit outlook for U.S. grain elevators storing corn and soybeans has improved significantly for the 2023-24 …
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WebGrain Bids . Closing Bids; Cash Bids; Cash Bids Grid; USDA Cash Bids; Producer Marketplace; 2023 FCE Cash Grain Prices; Weather . NWS Weather; NWS Tabular …
Grain Storage Outlook Improves for U.S. Elevators, but Bushels …
WebBy CoBank | November 26, 2023. The profit outlook for U.S. grain elevators storing corn and soybeans has improved significantly for the 2023-24 marketing year with buy basis …
Rising Cost of Carry Will Force Co-op Grain Elevators to Lower …
WebMay 31, 2023 · Key Points. Grain merchandisers have endured rising costs of storing, or carrying, grain and oilseed inventories over the past year due to rising interest rates, …
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WebGrain Bids . Closing Bids; Cash Bids; Cash Bids Grid; USDA Cash Bids; Producer Marketplace; 2023 FCE Cash Grain Prices; Weather . NWS Weather; NWS Tabular …
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Grain Elevator Outlook: Tight Basis Squeezes Grain and Oilseed …
WebDec 4, 2019 · Watch on. Key Points. Grain elevators are expected to have slimmer margins YoY from buying sharply higher basis on corn, soybeans, and wheat. Revenues will also …
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