Grain Gleanings

 

 

Summer Grain Action

By Matt Morog, Grain Department Manager

Over the past 24 hours the market has received some rumors about a possible Chinese trade deal. Beans and corn are rallying off that news, but a little more subdued today. Long holiday weekends this time of year can be very volatile. If we strike a deal fully, I expect cash beans to get to $10 quickly. After that there is no resistance on the charts which can make it very hard to determine where offers should be.

Both corn and bean crops across the country look very good for this time of year. July weather as we all know can swing it one way or the other, but for now I’m giving the local crop here a good chance of being on the bigger side.

Keep looking at making offers and hedging on rallies. With the increase in corn acres across the state and potentially good yield, I expect space to be at a premium this fall. Our offer tool through Barchart makes inputting and tracking your offers very easy. A few clicks and you have something working. The volatility of these markets is going to make it very hard to make timely sales.

If we see a further rally in these markets, we’ll be calling out to our customers and presenting some opportunities next week. Don’t hesitate to ask questions.

7/3/2025

 

 

Summer

By Becky Johnson, Elevator Location Manager, Salem

Happy Summer! It is hard to believe the longest day of the year is behind us along with a couple warmer days.  A much-needed rain was welcomed Sunday night into Monday morning for much of our general area.  As of Tuesday, the weather forecast looks like we will have very tolerable temperatures over the next week with some more measurable rain on Wednesday.

The good old Supply and Demand rule is being reflected in the markets to start this week off.  The probability of abundant crops currently is looking promising.    We have a lot of growing season left and as we know things can change in a hurry especially when severe weather hits an area. 

If one has old crop still in bins on the farm waiting for a jump in price, remember we offer an open order option which is free and allows for the price to be met on the overnight trade as well as during open day trading hours.  Those of you who still have Delayed Price grain at any of our locations, the open order option is also available for you as well.  Just a reminder for those of you with DP grain, if it is not sold by close of day trade on October 3rd, 2025, we will automatically price it at the closing price per that location.

FYI: Next Monday, June 30th, at 11 am CST the grain stocks and acreage report comes out.

Thank you for your patronage with CFC/Fremar LLC, and as always please reach out to any of our locations for help with any questions you may have.  Wishing you a safe and enjoyable 4th of July and rest of your summer!

6/27/2025

 

 

Grains

By Hunter Behrens, Grain Originator, Lyons

Heavy rains across the southern plains and southern Midwest threaten this year’s winter wheat crop. As of Wednesday, heavy rains the past 24 hours in Eastern Kansas and Northern Oklahoma will continue to slow harvest efforts while possibly posing production and quality issues. This has surged wheat prices to multi-month highs which has triggered nearly all green on the agriculture screen. Corn exports have been strong and the grain stocks and planted acreage report will be out at 11:00 am on Monday, June 30th. That is the next major US commodity report that could potentially move the markets. Corn could benefit with a bullish planted acres report due to the last few weeks leading lower testing $4.00 new crop prices which doesn’t look very appetizing to contract corn at those levels. However, on the other hand we are in the $9.90’s for beans, which have been within a dime of the highs we’ve only seen glimpses of this year and have seen some contracting beans when the market reaches the $10 number growers are looking for. If you have any questions on marketing new crop or old crop grain, please contact your area’s grain originator.

6/20/2025

 

 

 

 

Central Farmers has a mobile app that provides real time account information at your hands. By partnering with barchart, we are able to empower you, our producers, to make informed and quicker business decisions with CFC. With our app you can:

  • Access scale tickets virtually in real time, allowing you to know how many bushels you have delivered and how much still needs to be delivered. You are able to see the grade factors on each scale ticket such as Moisture and Test Weight.
  • Access your contracts that you have with any CFC location. You will be able to see the status of any contract to find out whether it is filled or is still open.
  • Access real-time bushel balances of your grain across all CFC locations.
  • Access delayed cash bids for all of our CFC locations

You can find our App on Google Play for Android devices or the App Store for iPhones by searching for Central Farmers. Scan the QR code below for quicker download process. Download it today!

 
Click here for the ADM Advantage website
 
Click here for the ADM Crop Insurance Information
 
 
Ask us how you can help keep U.S. ag exports competitive.

FREMAR LLC strongly recommends farmers verify their seed varieties are approved for significant export markets.
We plan to selectively test loads delivered to our grain handling facilities.
We reserve the right to reject crops with unapproved traits.
If you have seed that is not approved for significant export markets, we encourage you to check with your seed sales representative to see if your order can be exchanged for seed that is approved for global use.
 
 
FREMAR LLC will NOT accept any treated soybeans at any of our facilities in grain deliveries.
It is ILLEGAL to dump treated beans at ANY grain facility!
 
 
Due to a recent South Dakota court ruling, all Voluntary Credit Sale contracts (DP, Deferred Pay, Basis), the South Dakota Public Utilities Commission Warehouse Division has notified FREMAR LLC and Central Farmers Cooperative that all Voluntary Credit Sales Contracts must be signed within 30 days of final delivery.
 
 
If FREMAR LLC or Central Farmers does not receive the signed contract at our elevator within 30 days,
the bushels on these contracts must be cashed out at the closing price on that date
and the check will be mailed to the producer.
  
Please click here for the official South Dakota Public Utilities Commission Warehouse Division Ruling 

 
 
 
The CBOT trading hours are:
Sunday - Thursday night hours are 7:00pm - 7:45am. 
Monday - Friday day hours are 8:30am - 1:15pm.

Central Farmers Cooperative continues to purchase grain for all locations while the CBOT is open and closed.
The extended hours continue to put more volatility into the market.  We encourage our customers to continue to utilize our offer system.  Your offers have the potential to be filled at any time while the market is open.
Please call your local Central Farmers Cooperative location to place your offers as well as any questions you may have.
Thanks as always for your patronage.
 

 



Origination Staff

 
Matt Morog
Grain Department Manager
605-648-3941
Jeff Moritz
Lead Grain Merchandiser
605-661-1106
Jake Moret
Grain Originator
605-941-8141
 
Hunter Behrens
Lyons Grain Originator
605-543-5400
Terry Kampshoff
Canova Location Manager
605-661-7724
Mike Sayler
Freeman Location Manager
605-360-7880
Rebecca Johnson
Salem Elevator Location Manager
605-425-2280