News

With the highly anticipated USDA report coming out last Monday, I think it is safe to say that it shocked most people with the outcome. Corn prices plummeted after the USDA report forecasted higher corn plantings and planted acres. Chris Whitehead - Grain Marketer

The only thing normal about this marketing year has been the seasonal selloff we have seen in the past three weeks.  The bulls are hoping that will come to an end with the release of the August 12th, monthly WASDE report.  Kyle Leary - Grain Marketer

After the stressful and wet spring, the market has priced in some risk premium as the USDA and others figure out exactly what this crop is going to look like. Crop conditions have been worse compared to last year and the 5-year average in both corn and beans. The attached graph shows how funds have completely reversed their position due to weather complications and has also assisted in the recent rally. TJ Fulton - Grain Marketer

Crystal Valley now has E-Sign for grain contracts.  Producers have the option to e-sign via text message or email.  At 5:10 pm the day you make a contract you will receive a text and/or email with your contract.  Kyle Leary - Grain Marketer

As we continue to work through this tight margin environment, capitalizing on all your assets and opportunities is going to be very important.  One of these opportunities this year and going forward is going to be storage.  Kyle Leary - Grain Marketer

We have also opened free delayed pricing at all locations. This grain must be priced by August 22nd 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