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
Cattle Bounce Back from Wednesday’s Overreaction
Live cattle had a back and forth trade on Thursday but settled near the highs with $1.60 to $2.67 gains. Cash trade kicked off with a steady/higher note this week, as the South was at $182 in TX and $182-183 in KS, even to $1 above a week ago. Northern...
Cotton Mixed Following Positive Export Sales Data
Cotton futures posted mixed action on Thursday, with contracts anywhere from up 38 points to 21 points lower. The outside market influences saw crude oil up $1.03/barrel and the US dollar index 260 points lower. Export Sales data from this morning saw an uptick to the old crop cotton bookings...
Hogs Pull Back on Thursday with Negotiated Weakness
Lean hogs fell $1.17 to $2.45 in the front months on Thursday, with the other contracts down 80 to 97 cents. USDA’s National Average Base Hog negotiated price was down $2.78 on Thursday afternoon, at $88.71. The CME Lean Hog Index was up 19 cents on April 23 at $91.64....
Soybeans Come Back to Close Mixed
Soybeans rallied off the early midday losses by 10-13 cents on Thursday to close with front months down 1 to 3 ¼ cents and the September and beyond contracts up ½ to 2 ½ cents. May options expire on Friday. Soymeal ended the day with contracts down dime to $2.10/ton....
Wheat Continues Rally as Dryness Expands in Southern Plains
The wheat complex extended the bulls winning streak on Thursday. MPLS led the way this time, up 7 to 12 cents, with Kansas City 8 to 10 ½ cents higher in most contracts. Chicago futures were up 5 ¼ to 8 ¼ cents. This morning’s Drought Monitor showed 17.01% of...
Corn Ends Higher, Helped by 10-week High in Export Sales
Corn rounded out the Tuesday session with contracts up 1 ¾ to 5 cents across the board. Futures were helped out by spillover support from wheat and positive Export Sales data. USDA reported corn bookings of 1.3 MMT for the week of 4/18 in this mornings’ Export Sales report. That...