Glacial Plains Cooperative

 

NO EARLY DELIVERY OF JUNE/JULY CORN CONTRACTS WILL BE ACCEPTED

WEST BENSON CORN DUMP WILL BE CLOSED MAY 23RD THRU MAY 30TH

 

 

Phone: (800) 733-7055  Fax: (320) 875-2813  Sunday, May 11  
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JAN 2009

FEB 2009 

MAR 2009 

APR 2009 

MAY 2008

JUNE

JULY

AUG

SEPT

N/C 2008

NOV

 DEC

N/C 2009 

MURDOCK/KERK

 

CORN  

5.95

5.97

6.00

.

5.86

5.86

5.86

5.96

5.96

5.76

.

5.82

5.22

     Basis

-66

-64

-61

.

-43

-43

-43

-45

-45

-74

.

-68

-80

SOYBEANS  

11.91

12.03

12.10

.

12.64

12.70

12.76

.

.

11.69

.

11.81

11.35

     Basis

-125

-122

-115

.

-94

-88

-82

.

.

-135

.

-135

-140

JAN 2009

FEB 2009

MAR 2009 

APR 2009 

MAY 2008

JUNE

JULY

AUG

SEPT

N/C 2008

NOV

 DEC

N/C 2009

BENSON

CORN

5.99

6.01

6.04

.

5.91

5.91

5.91

6.01

6.01

5.76

.

5.82

5.24

     Basis

-62

-60

-57

.

-38

-38

-38

-40

-40

-74

.

-68

-78

SOYBEANS

11.91

12.03

12.10

.

12.64

12.70

12.76

.

.

11.69

.

11.81

11.35

     Basis

-125

-122

-115

.

-94

-88

-82

.

.

-135

.

-135

-140

    

JAN 2009

FEB 2009

MAR 2009 

APR 2009 

MAY 2008

JUNE

JULY

AUG

SEPT

N/C 2008

NOV

DEC

N/C 2009

MILAN
CORN

5.95

5.97

6.00

.

5.81

5.81

5.81

5.91

5.91

5.74

.

5.78

5.22

     Basis

-66

-64

-61

.

-48

-48

-48

-50

-50

-74

.

-72

-80

SOYBEANS

11.91

12.03

12.10

.

12.64

12.70

12.76

.

.

11.69

.

11.81

11.35

     Basis

-125

-122

-115

.

-94

-88

-82

.

.

-135

.

-135

-140

JAN 2009

FEB 2009

MAR 2009 

APR 2009 

MAY 2008

JUNE

JULY

AUG

SEPT

N/C 2008

NOV

DEC

N/C 2008

SUNBURG
CORN

5.93

5.95

5.98

.

5.83

5.83

5.83

5.93

5.93

5.70

.

5.76

5.16

-68

-66

-63

.

-46

-46

-46

-48

-48

-80

.

-74

-.86

SOYBEANS

11.86

11.98

12.05

 .

12.59

12.65

12.71

.

.

11.64

.

11.76

11.30

     Basis

-130

-127

-120

.

-99

-.93

-87

.

.

-140

.

-140

-145

 DTN Grain News
DTN Early Word Grains 05/09 06:05
  05/09/2008
DTN Midday Grain Comments 05/09 11:19
  05/09/2008
DTN Closing Grain Comments 05/09 14:14
  05/09/2008
Portland Grain Review 05/09
  05/09/2008
MGE Stocks of Grain 07/17
  07/17/2007
Grainbelt Weather Roundup
  05/11/2008
More news...
  Headlines
  President Will Veto Farm Bill  
 

Schafer doesn't endorse signing of proposed Farm Bill.

 
  Compiled By Staff (May 9, 2008)  
  Conference Committee Releases Farm Bill Report  
 

The culmination of three years work is headed for the floor of Congress.

 
  Jason Vance (May 9, 2008)  
  Midwest Senators Oppose RFS Waiver  
 

Bipartisan group of senators voice support of ethanol.

 
  Compiled By Staff (May 9, 2008)  
  Large Wheat Crop May Not Drop Prices  
 

Expected rebound in wheat production doesn't necessarily mean lower prices.

 
  Compiled By Staff (May 9, 2008)  
  CSP Sign-up Extended  
 

Producers have until May 30 to enroll.

 
  Compiled By Staff (May 8, 2008)  
   More News...
 Market Commentary
 
GRAINS -- DTN Closing Grain Comments 05/09 14:14
Buying interest was sparked for soybean futures Friday after the monthly supply and demand report came in less bearishly than expected, so new-crop beans are back in the teens. New-crop corn also got bargain-hunting buying interest, but wheat was slapped back onto its downward path.
Full DTN Closing Grain Comments 05/09 14:14

DTN MARKET MATTERS BLOG -- Fri, 09 May 2008 19:26:00 GMT
Finger Over the Panic Button -- The buying interest that eventually boosted new crop corn futures prices into positive territory Friday afternoon may have been tied to the already-late planting progress and the forecast for more cool, wet weather in the Corn Belt this weekend. With that in mind, let's look at how planting may progress by Sunday evening.
Read and Comment on Full Blog

TECHNICALS -- 5/9/2008
Click here for detailed DTN Chart Technical Points 05/09 15:00

LIVESTOCK -- DTN Closing Livestock Comments 05/09 16:45
Cattle futures closed impressively higher, primarily boosted by higher packer spending in the country. Pork futures settled mixed in the lean pit and significantly higher in the belly market.
Full DTN Closing Livestock Comments 05/09 16:45

 Weather  
map
Murdock (56271)

Current Conditions
Temp:52oF
Feels Like:52oF
Humidity:50%Pressure:29.89 in.
Wind:0.0 mphFrom:N

Forecast
Monday

Hi:66o
Lo:39o
Tuesday

Hi:53o
Lo:45o
Wednesday

Hi:58o
Lo:40o
Thursday

Hi:62o
Lo:39o
Friday

Hi:65o
Lo:40o
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 LDP Information
For Swift County, MN
ZIP Code:   
Commodity
PCP
LDP
Date
Barley $/Bushel$4.80$0.0005/09/2008
Canola $/Cwt.$24.43$0.0005/09/2008
Corn $/Bushel$5.73$0.0005/09/2008
Crambe $/Cwt.$23.82$0.0005/09/2008
Flaxseed $/Cwt.$28.26$0.0005/09/2008
Grain Surghum $/Cwt.$9.79$0.0005/09/2008
Mustard Seed $/Cwt.$57.71$0.0005/09/2008
Oats $/Bushel$3.37$0.0005/09/2008
Rapeseed $/Cwt.$24.71$0.0005/09/2008
Safflower $/Cwt.$23.04$0.0005/09/2008
Soybeans $/Bushel$12.16$0.0005/09/2008
Sunflowerseed - Oil Type $/Cwt.$26.19$0.0005/09/2008
Sunflowerseed - Other Type $/Cwt.$26.19$0.0005/09/2008
Wheat - Hard Red Winter $/Bushel$8.08$0.0005/09/2008
Wheat - Hard Red Spring $/Bushel$10.75$0.0005/09/2008
Wheat - Durum $/Bushel$12.76$0.0005/09/2008
 
*Disclaimer: Not responsible for invalid or inaccurate information.
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  Local News
  Glyphosate-Resistant Weeds in Minnesota  
  Chemical diversification is good weed control strategy, but make sure the alternative herbicides will control targeted weeds. By Jeff Gunsolus  
  Compiled By Staff (May 9, 2008)  
  Keep Herbicide Applications on Target  
  Minimize drift with these application practices. By Lizabeth Stahl and Jeffrey Gunsolus  
  Compiled By Staff (May 8, 2008)  
  Farm Profits Improve Dramatically with Good Marketing Plans  
  Get out of that bottom one-third of the market with sound planning. By David Bau  
  Compiled By Staff (May 7, 2008)  
  Governor Signs Bovine TB Legislation into Law  
  Bill provides new resources for eradicating livestock disease from northwestern Minnesota.  
  Compiled By Staff (May 7, 2008)  
  State Field Work Way Behind  
  Only 17% of corn and 4% of bean groundwork prepared for planting as of Sunday.  
  Compiled By Staff (May 7, 2008)  
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