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CME Chicago Mercantile ExchangeICE Exchange

Grain Comments: 06-13-2024

Good morning. Ag futures are quiet to start Thursday morning as yesterday’s USDA update did little to alter pre-existing trends in grain and soy markets. Traders will be back to watching weather forecasts after this morning’s Conab update on Brazil crop sizes. Like yesterday’s WASDE report, the trade isn’t looking for a lot of surprises out of this update – but recent adverse weather in the Southern part of the country has opened the door

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Grain Comments: 06-12-2024

Good morning. Welcome to USDA report day. Markets are mixed ahead of this morning’s USDA update in a reversal of yesterday’s action; corn and soybeans are trading moderately higher, while wheat futures are giving back some of yesterday’s gains. The market is again focused on South American crop production estimates in today’s report, with not a lot of fireworks expected on either the old crop or new crop US balance sheets. The bulls are hopeful

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Grain Comments: 06-11-2024

Good morning. Another fairly quiet overnight session has been seen so far in the ag markets as Monday’s crop progress report came in mostly as the trade expected, and didn’t offer much in the way of surprises. Both corn and soybeans have started the season at the higher end of the historical range in terms of condition ratings, but Mother Nature will still have the final say on the US supply situation in the 2024

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About CFE

Our Passion is Our People.

As a farmer-owned cooperative, we’re focused on serving local farmers, rural business owners and communities surrounding each of our northwest Iowa, southwest Minnesota and southeast South Dakota locations.

Cooperative Farmers Elevator is improving and sustaining local communities through agronomy, feed, grain and lumber, driven by innovation, education and the willingness to turn “what if” into “why not?”

Honesty, integrity and respect are non-negotiables in serving our almost 5,000 members. We believe in relentless customer service, forward-thinking and strategic investments for the future of each community we serve.