Inbound Grain

ATTENTION TRUCK DRIVERS - Please be extra cautious and abide by posted speed limit signs, especially with the additional construction taking place - THANK YOU!


GMO Statement:

A significant amount of dried distillers grains (DDGS) product from the Cardinal Ethanol plant has the potential to be exported at any given time. It is important for you to know that non-approved varieties compromise our ability to provide our dried distiller’s grain to strategic and vital export customers.

As a corn producer or customer of Cardinal Ethanol, please check with your seed sales representative if you have any doubts about your seed corn and respectfully follow their stewardship guidelines if you plan to grow unapproved varieties of corn. We reserve the right to test deliveries and decline any loads that test positive.  If you have any questions or concerns, please contact our office


Grain News


Commentary
Soybeans Falling from Early Monday Strength
Soybeans are showing midday losses on Monday, with contracts down 3 to 5 cents so far. CmdtyView’s national front month Cash Bean price was down 2 cents at $9.85 3/4. Soymeal futures are down $2.60/ton, as Soy Oil futures are back down a couple points. Weekly Export Inspections data tallied...
Cotton Flipping Back to Weakness at Midday
Cotton futures are trading with 64 to 77 cent losses so far on Monday. Crude oil futures are back down $1.73/barrel, with the US dollar index collapsing $0.949 to $98.180. CFTC Commitment of Traders data showed spec funds adding back 13,273 contracts to their net short position as of April...
Corn Mixed at Midday
The corn market is holding steady on Monday, with front months up 1 to 1 ½ cents and new crop corn slipping back, down ¼ cent. The front month CmdtyView national average Cash Corn price is up 1 ¼ cents at $4.56 1/2. Export Inspections data showed a total of...
Wheat Back to Monday Midday Losses
The wheat market is trading with midday losses on Monday. Chicago SRW futures are down 8 to 9 cents so far at midday. Kansas City HRW is trading with 6 to 7 cent losses on Monday. MPLS spring wheat is down 6 to 8 cents across the front months. The...
Cattle Slipping Lower on Monday
Live cattle futures are falling back on Monday, with contracts 5 to 15 cents in the red. Cash trade from last week was reported at $208-210 in the South and $212-214 in the North. That was up $4-6 on the week. Feeder cattle are falling back $1.30 to $1.50 so...