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Gerald-Main Office 14540 County Road U Napoleon, OH 43545 419-598-8015 • Fax 419-598-8025 |
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Archbold 3265 County Road 24 Archbold, OH 43502 419-445-2451 • 800-344-2451 • Fax 419-446-9472 |
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Delta 6480 County Road 11 Wauseon, OH 43567 419-337-0093 • Fax 419-337-0082 |
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Hamler 115 North Main Street Hamler, OH 43524 419-274-8030 • 800-423-9385 • Fax 419-274-7721 |
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Liberty Center Liberty Center, OH 43532 |
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Wauseon 15035 County Road J Wauseon, OH 43567 |
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Ridgeville Corners Agronomy 20758 US Highway 6 Napoleon, OH 43545 |
Gerald Grain Center Inc. Hours
| MON 11/27 | TUES 11/28 | WED 11/29 | THURS 11/30 | |
| ARCHBOLD | CLOSED | CLOSED | TBD | TBD |
| DELTA | CLOSED | CLOSED | 11 - 2 | TBD |
| GERALD | 8 - TBD | TBD | TBD | TBD |
| GLANDORF | 8 - TBD | TBD | TBD | TBD |
| HAMLER | 8 - TBD | TBD | TBD | TBD |
| LIBERTY CENTER | 8 - TBD | TBD | TBD | TBD |
| RIDGEVILLE CORNERS AGRONOMY | 8 - 4:30 | 8 -4:30 | 8 - 4:30 | 8 -4:30 |
| WAUSEON | CLOSED | CLOSED | CLOSED | CLOSED |
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Announcements
GERALD GRAIN CENTER 2024 NON-GMO SOYBEAN PROGRAM
DELIVERED BUSHELS: $1.80/BUSHEL
FARM STORED BUSHELS: $1.95/BUSHEL
CONTACT RIDGEVILLE AGRONOMY OR YOUR LOCAL GERALD GRAIN CENTER BRANCH FOR MORE DETAILS
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Commentary
- Wheats Extend Bounce through Wednesday
- Front month wheat futures were 1.7% to 4.4% higher on the day, led by the December HRW contract. Open interest in the Dec contracts is falling ahead of First Notice Day. At the close HRW futures were 16 ½ to 27 cents in the black. Front month spring wheat prices...
- Beans Neutral to Product Weakness
- Soybeans initially started the midweek session with weakness, but rallied back to close fractionally mixed. Jan futures stayed in a 15 cent range on the day. Soymeal futures were near their lows for the close with $2.10 to $6/ton losses. Soybean Oil prices were also weaker with 15 to 66...
- New Lows for Corn, Still Closes Higher on the Day
- The corn market closed mixed as Dec continues to lose open interest for deliveries. The more active contracts rallied a nickel from their lows and closed with 2 to 2 ½ cent gains. The March contract’s $4.70 low for the day was a new contract low. Trade estimates ahead of...
- Cotton Closed Neutrally Red
- After seeing a 110 point trading range from -30 to +80, cotton futures ended the midweek session with losses of 1 to 6 points. OI data from ICE suggests the December contract has just 93 active contracts, with ~789 deliveries so far. USDA reported 185,312 bales were classed on 11/28,...
- Midweek Gain for Lean Hogs
- Front month hog prices added another $1.07 to $1.60 to the upside on Wednesday. Dec futures still remain below the index, but only increased 5 cents on the day. The CME Lean Hog Index for 11/27 was $71.66, down by another 67 cents. USDA’s National Average Base Hog price was...
- Cattle Strength Carried through Wednesday
- Cattle closed the midweek session with another $0.25 to $1.05 gains across the front months. CME data showed net short covering, with net new calls active from the strong Tuesday session. USDA reported some light $175 cash trade in NE on Wednesday, down $1 from last week and matching the...
