Good Morning,
Corn is trading even and soybeans are down three this morning. Watch markets closely, as low volume this week could cause high volatility.
Weak margins continue in the ethanol industry, with Green Plains closing a plant this week, and several others lower production. China and US negotiations are still relatively stagnant, reported on Tuesday, as Trump called the practices China uses as unfair. In other parts of the world corn crops are looking to be off to a better start in Argentina and the Ukraine raising their expectation of harvest to 34.8 mmt.
Now that harvest is slowing down, make sure to have firm offers and targets in place.
We have several adjustments to our receiving hours in the next week be sure to visit our website or call in to get the latest schedule.
Have a Great Thanksgiving!
Mitch Giebel
920-348-6861
mgiebel@didionmilling.com
