News

We have also opened free delayed pricing at all locations. This grain must be priced by August 25th NO EXCEPTIONS. We are also looking at new crop prices and getting offers working. TJ Fulton - Grain Marketer

There are several benefits of doing business through the cooperative. One of those benefits involves selling grain to the cooperative where you could receive a DPAD (Domestic Production Activities Deduction) pass through. A patron who delivers grain to any Crystal Valley location, as well as direct ship bushels, is potentially eligible for this deduction. Megan Tusa - Grain Marketer

On February 8th the USDA released the much anticipated WASDE report after missing the January report due to the government shutdown.  Kyle Leary - Grain Marketer

As of this writing, we are all eagerly awaiting the results of the G20 meeting and if the US and China can start working on a trade deal. We are also watching the South American crop during their growing season. Crop conditions in Brazil so far are looking quite good. We will see if the good weather continues for the next couple of months. Megan Tusa - Grain Marketer

We have put together a decent rally since putting in our year lows in mid-September. We are up about 24 cents for corn and 55 cents for beans as I am writing this. TJ Fulton - Grain Marketer

Yield reports from parts of the Midwest are starting to trickle in. Lots of good reports out of Illinois, variable reports from Iowa, Indiana, and Missouri. We have once again put in new marketing year lows in the recent trading days, corn and beans both dipping slightly lower than we were mid-July. Megan Tusa - Grain Marketer

On Monday, August 27th the US Secretary of Ag announced details of the plan to assist farms for the suppressed prices due to the trade war with China. $12 billion was set aside for the program that will be distributed in three ways; direct payments to farmers, food purchase and distribution program and global trade promotion. Kyle Leary - Grain Marketer

Markets have been trying to recover after the USDA report showed a very bearish bean ending stock number and corn yield number. Since the report the markets have rebounded as of this writing with Dec 18 corn trading around $3.80 and Nov 18 beans trading around $9.00. This has been an encouraging recovery with some potentially favorably market-moving news being talked about with our trade relations. Ryan Brandts - Grain Marketing Manager