MANAGER COMMENTS
WE WILL BE CLOSED FOR GOOD FRIDAY APRIL 19, 2019. WE HOPE YOU AND YOUR FAMILY HAVE A SAFE AND HAPPY EASTER WEEKEND!!
 
Yes it was bearish news on the report through and through but I will say this…we have waited for it and we are here, “THE WEATHER MARKET” it has arrived. No we are not full blown but we are serious enough that even the bearishness of today's report could not compete with the weather. As we always say nothing else matters when it comes to the weather.
 
So in short I will say this corn and beans (yes even the beans.. while it only might be a few days) have some upside here.
 
BEANS- I would look for beans maybe to put on somewhere around 20 to 30 cents and as I said this will only last for a few days until this weather hurts beans and we get late enough that acreage can think about changing.
 
CORN- I see corn here as the big winner!! We could see corn over a 20-30 day window try to put on 25 to 40 cents. This will give farmers the chance to get $3.65 to $3.85ish for the near by market and somewhere around $3.75 to $3.95ish for new crop market. Remember funds are extremely short and should start moving out of that position into a more even to long position for this time of year and market events. Be willing to put some commitments on in these time frames and take advantage of the weather market as for most of the time it will be “short lived” I am sure.
4/9/2019
Taylor Kusterman

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Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 19 358'0 359'2 357'0 357'6 -0'4 358'2 11:18A Chart for @C9K Options for @C9K
Jul 19 366'4 367'6 365'6 366'2 -0'6 367'0 11:18A Chart for @C9N Options for @C9N
Sep 19 374'6 375'4 373'6 374'2 -0'6 375'0 11:18A Chart for @C9U Options for @C9U
Dec 19 386'2 387'2 385'0 385'6 -1'0 386'6 11:18A Chart for @C9Z Options for @C9Z
Mar 20 400'0 401'0 399'0 399'6 -1'0 400'6 11:18A Chart for @C0H Options for @C0H
May 20 408'4 408'6 407'0 407'4 -1'2 408'6 11:18A Chart for @C0K Options for @C0K
Jul 20 414'0 415'0 413'0 413'6 -1'2 415'0 11:18A Chart for @C0N Options for @C0N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 19 878'6 881'0 876'4 878'6 -0'2 879'0 11:18A Chart for @S9K Options for @S9K
Jul 19 892'4 894'6 890'2 892'2 -0'2 892'4 11:18A Chart for @S9N Options for @S9N
Aug 19 898'4 900'6 896'2 898'2 -0'2 898'4 11:18A Chart for @S9Q Options for @S9Q
Sep 19 903'2 905'4 900'6 903'0 -0'4 903'4 11:18A Chart for @S9U Options for @S9U
Nov 19 912'2 914'4 910'0 912'4 0'2 912'2 11:18A Chart for @S9X Options for @S9X
Jan 20 922'6 924'4 920'2 922'0 -0'4 922'4 11:18A Chart for @S0F Options for @S0F
Mar 20 929'0 931'0 927'2 928'6 -0'6 929'4 11:18A Chart for @S0H Options for @S0H
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 19 447'2 448'2 439'2 441'2 -5'6 447'0 11:18A Chart for @W9K Options for @W9K
Jul 19 450'0 451'4 443'2 444'4 -5'6 450'2 11:18A Chart for @W9N Options for @W9N
Sep 19 456'6 458'2 450'2 451'4 -5'4 457'0 11:18A Chart for @W9U Options for @W9U
My Custom Markets
Symbol Open High Low Last Change Close Time More


Local Cash Bids
Morrisonville/Harvel Delivery Cash   Basis    
 Corn Chart APRIL 2019    
  Chart MAY 2019    
  Chart JUNE 2019    
  Chart JULY 2019    
  Chart FALL 19    
  Chart JAN 2020    
 Soybeans Chart APRIL 2019    
  Chart MAY 2019    
  Chart JUNE/JULY 2019    
  Chart FALL 2019    
  Chart DEC 2019    
  Chart JAN 2020    
 Wheat Chart JULY 19    
Price as of 04/18/19 11:28AM CDT.
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Local Conditions
Morrisonville, IL
Chg Zip Code: 
Temp: 49oF Feels Like: 43oF
Humid: 93% Dew Pt: 47oF
Barom: 29.71 Wind Dir: WNW
Cond: N/A Wind Spd: 15 mph
Sunrise: 6:15 Sunset: 7:37
As reported at TAYLORVILLE, IL at 11:00 AM
 
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Morrisonville, IL

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Precip: 60%
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DTN Weather Summary
Rain Thursday in Eastern Midwest, Delta
Bryce Anderson (Bio) – DTN Meteorologist

Moderate to heavy rain is in store for the eastern Midwest and Delta Thursday, disrupting spring field work. Drier conditions elsewhere will allow for some progress. Temperatures will be seasonal to below normal over northern and central areas and above normal south and east. » More DTN Weather Commentary

Posted at 5:52AM Thu Apr 18, 2019 CDT

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