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


Commentary
Hogs Shift Focus to New Week
Lean hogs closed Friday with contracts down 70 cents to $2.57 at the close, as April was $4 lower on the week. The national average base hog negotiated price was reported at $90.02 on Friday afternoon by the USDA, up 53 cents from the day prior. The CME Lean Hog...
Cotton Back to Higher Trade on Monday Morning
Cotton futures are trading with contracts up 50 to 80 points so far on Monday AM Trade. They settled the Friday session with contracts down 129 to 135 points in the front months. May lost 209 points (-3.1%) last week. The outside markets were pressure factors. Crude oil futures were...
Cattle Look to New Week After Friday Losses
Live cattle futures were heading lower on Friday, with contracts down $1.67 to $3.55 at the close. April closed the week down $1.30. Cash sales were reported at $197 in the south and light $198 trade in the North, both down $2 from the week prior. Feeder cattle were back...
Wheat Weakness Continues on Friday
Wheat is trying to battle back higher to kickoff Monday trade, as futures are firmer across the three markets. The wheat market fell even further across the three exchanges on Friday to deepen the losses for the week. Chicago SRW futures were 6 to 10 cents lower at the close,...
Corn Continuing Losses to Start New Week
Corn is continuing the slide to start the week, as contracts are down 1 to 4 cents on Monday morning. The corn market selloff extended into the Friday close, as front months were down 11 to 12 cents and new crop December losing 6 ¾ cents. March ended the week...
Soybeans Showing Early Monday Losses
The soybean market is trading with losses of 1 to 3 cents early on Monday morning. Soybeans joined in on the selling on Friday, with contracts down 11 to 13 cents across the front months. Preliminary open interest showed net new selling, up 14,265 contracts. March lost 28 cents (2.69%)...