ECG Updates

ESTELLINE COOP GRAIN - YOUR PARTNER IN AGRICULTURE

We have the products and services to help you achieve your goals. From grain marketing, feed and vet supplies to our full service agronomy department. We have the right program, ration, seed and nutrient to help you get the most from every head and every acre. 

 

 

StoneX Morning Grain Comments

January 19, 2022

                 Current Trend:  Higher

Reason: Grains aided by commodity tailwinds, solid demand coming out of holiday period.


News

Estelline Coop Grain offers various types of contracts to help you achieve your marketing goals.  Stop in and we would be more than happy to discuss what options would work best for your operation.

 
Estelline Coop Grain is utilizing a CFA Input Finance Program for the 2022 Crop Year.  This program is available for Seed, Fertilizer, Chemical, & Feed Purchases.  You can register a new account and complete an on-line application at cfas.com.  Please contact us with any questions.  

Local Weather
Estelline, South Dakota (57234)

Current Conditions Clear
Temperature 1°F
Dew Point -7°F
Pressure 30.26 in. Hg
Humidity 68%
Wind 12 mph
From South


Forecast


Commentary
Triple Digit Gains for Thursday Hogs
February lean hog futures closed $2.62 stronger on the day. The other front months were also up by triple digits at the bell but had set new contract highs from the move. April was up $2.65, with a new LOC high of $94.47. USDA’s National Average Base hog price for...
Cattle Market Pulled Back on Thursday
Thursday’s session ended with live cattle futures 7 to 27 cents weaker. The bonus FCE auction sold 681 of the 3,398 head listed for $137. The other pens went unsold on $137.50 to $138.50 asks. USDA maintains $137 for the bulk of cash sales this week. Some higher graded cattle...
Cotton Prices Pulled Back
After having set new LOC highs for 4 of the past 5 sessions, cotton prices retreated on Thursday. The trade day initially worked higher, with May and July each setting new highs before the pullback. At the bell, prices were 44 to 108 points in the red. For New crop,...
Wheat Markets Faded into the Close
Going home on Thursday, domestic wheat markets were mixed. Winter wheat SRW and HRW futures were red at the bell, though spring wheat held 3 1/4 to 5 cent gains into the close. SRW gave back 5 1/2 to 6 1/2 cents in the front months, with new crop a...
Beans Extend the Rally
The domestic soy rally continued through Thursday, with beans having gained another +30 cents! For March beans that brought prices to within 16 cents of the LOC high set last May, while the other contracts set new LOC highs. For new crop November, that new life of contract high is...
Corn Closes Mostly Lower
New crop corn prices ended the day 1 3/4 to 2 1/2 cents in the red. Old crop prices were fractionally mixed going home, with March up by a half penny from yesterday. Barchart’s national average corn basis has hovered near 13 1/4 cents under since mid-December. That compares to...

Headline News


Business Hours

 

 OFFICE HOURS

 Telephone:  605-873-2288

  

 

Monday - Friday:  8am - 5pm

Saturday - Closed

Sunday - Closed

 

 

 


Notices

 

 


Estelline Coop Grain Cash Bids
Notes Basis Month Futures Price Basis Cash Price
Corn        
Soybeans        
Spring Wheat        
Oats        
Quotes are delayed, as of January 20, 2022, 11:17:34 PM CST or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

Quotes
Quotes are delayed, as of January 20, 2022, 11:17:34 PM CST or prior.


The CME Group Intercontinental Exchange