BTR News

BTR News
Thursday, May 28, 2015
***



 

 
Manager  Randy Heck  Cell Ph. 701-381-8973 
Josh Weakly-Grain Merchandiser  Cell Ph. 701-381-8641
Agronomy Manager - David (Nels) Nelson  Cell Ph. 701-741-4251
Agronomist - Dustin Church  Cell Ph. 701-740-6209
Agronomy Sales - Blayne Monson  Cell. Ph. 701-361-7080
Main Location Address (Niles): 6001 60th Ave NE, Leeds, N.D.  58346
 Ph. 701-466-2281 or 1-800-732-4352
E-Mail    btr@goNDTC.com
Fax: 701-466-2548
Station Manager - Lynn Haagenson
Leeds Location -  Ph. 701-466-2231
Seed House Manager - Dale Elverud
Leeds Seed House Location -  Ph. 701-466-2070
 
 
BTR Farmers Coop will not accept grains, oilseeds or wheat containing transgenic events not approved for U.S. export markets; such markets include Canada, China, South Korea, the European Union, Japan and Mexico.

 


Closing Market Comments


Corn:
Values bouncing after yesterday's sharp losses.  Weekly ethanol production higher than last week.  Ethanol stocks declining week to week.  Rain again spread over the US grain belt Friday to further slow field work.  Planted crops however benefiting from adequate to even surplus topsoil and subsoil moisture.  The June 30 stocks report could have a dramatic impact on price ideas for the remainder of the year and into next.  Trade estimating a record large portion of next year's crop unsold.  That said, many producers are indicating a belligerent stance willing to build additional storage to hold this coming crop.
Soybeans:
Values sagging by midday with talk of ongoing Argentina soy crush worker strike moving towards a solutaion.  Argentina Rosario Port activity reportedly halted for the seventh day.  A large number of vessels waiting to load meal and soybeans there.  Rain spreading across the US grain belt will further slow planting into next week.  Forecast next week however looks warmer and drier.
Wheat:
A choppy session with Egypt buying 240,000 tons of wheat from Romanian and Russia at well discounted levels.  US SRW basis moving higher with ideas of production losses in the US due to wet conditions in the eastern corn belt and the Southeast.  Trade forecasting some shower activity for dry Canadian areas.  Models are divergent on rain cahnces for dry southern Russia areas.  Trade watching dryness in Germany and Poland.  More rains forecasted to plague US HRW areas.
 




 

Quote Ticker
  • CORN (Jul 15) 351'4 -2'0 5/29/15   1:30 PM CST
  • CORN (Sep 15) 357'4 -2'2 5/29/15   1:30 PM CST
  • CORN (Dec 15) 368'0 -2'0 5/29/15   1:30 PM CST
  • CORN (Mar 16) 381'0 -2'0 5/29/15   1:30 PM CST
  • CORN (May 16) 398'4 -2'0 5/29/15   1:30 PM CST
  • CORN (Jul 16) 404'4 -2'4 5/29/15   1:30 PM CST
  • SOYBEANS (Jul 15) 934'4 8'0 5/29/15   1:30 PM CST
  • SOYBEANS (Aug 15) 919'0 5'0 5/29/15   1:30 PM CST
  • SOYBEANS (Sep 15) 919'6 4'4 5/29/15   1:30 PM CST
  • SOYBEANS (Nov 15) 905'0 3'6 5/29/15   1:30 PM CST
  • SOYBEANS (Jan 16) 909'0 3'6 5/29/15   1:30 PM CST
  • SOYBEANS (Mar 16) 917'6 3'2 5/29/15   1:30 PM CST
  • WHEAT (Jul 15) 478'0 -11'6 5/29/15   1:30 PM CST
  • WHEAT (Sep 15) 482'0 -12'2 5/29/15   1:30 PM CST
  • WHEAT (Dec 15) 498'0 -12'4 5/29/15   1:30 PM CST
  • WHEAT (Mar 16) 524'0 -13'0 5/29/15   1:30 PM CST
  • WHEAT (May 16) 535'4 -13'2 5/29/15   1:30 PM CST
  • WHEAT (Jul 16) 539'0 -12'6 5/29/15   1:30 PM CST
  • HARD RED SPRING WHEAT (Jul 15) 532'6 -16'2 5/29/15   1:31 PM CST
  • HARD RED SPRING WHEAT (Sep 15) 543'4 -16'2 5/29/15   1:31 PM CST
  • HARD RED SPRING WHEAT (Dec 15) 557'4 -15'2 5/29/15   1:31 PM CST
  • OATS (Jul 15) 238'4 -6'0 5/29/15   1:30 PM CST
  • OATS (Sep 15) 241'6 -5'6 5/29/15   1:30 PM CST
  • OATS (Dec 15) 249'6 -4'0 5/29/15   1:30 PM CST
  • SOYBEAN OIL (Jul 15) 33.30 1.27 5/29/15   1:30 PM CST
  • SOYBEAN OIL (Aug 15) 32.09 1.23 5/29/15   1:30 PM CST
  • SOYBEAN OIL (Sep 15) 33.15 1.18 5/29/15   1:30 PM CST
  • SOYBEAN MEAL (Jul 15) 3064 9 5/29/15   1:30 PM CST
  • SOYBEAN MEAL (Aug 15) 2990 - 6 5/29/15   1:30 PM CST
  • SOYBEAN MEAL (Sep 15) 2954 - 8 5/29/15   1:30 PM CST
  • CANOLA (Jul 15) 472.6 6.2 5/29/15   1:21 PM CST
  • CANOLA (Nov 15) 465.3 8.0 5/29/15   1:21 PM CST
  • CANOLA (Jan 16) 463.5 7.3 5/29/15   1:21 PM CST
  • CANADIAN DOLLAR (Jun 15) 0.801900 -0.001100 5/29/15   2:02 PM CST
  • CANADIAN DOLLAR (Sep 15) 0.834300 -0.001000 5/29/15   2:02 PM CST
  • CANADIAN DOLLAR (Dec 15) 0.801500 -0.001000 5/29/15   2:02 PM CST


Local Cash Bids
BTR Farmers Co-op Delivery Cash   Basis    
 Canola Chart May 31, 15    
  Chart Jun 30, 15    
  Chart Jul 31, 15    
  Chart New Crop 2015    
 Corn Chart May 31, 15    
  Chart Jun 30, 15    
  Chart Jul 31, 15    
  Chart New Crop 2015    
 Flax Chart May 31, 15    
  Chart New Crop 2015    
 Soybeans Chart May 31, 15    
  Chart Jun 30, 15    
  Chart New Crop 2015    
 Spring Wheat Chart May 31, 15    
  Chart Jun 30, 15    
  Chart Jul 31, 15    
  Chart New Crop 2015    
 Canadian Spring Wheat Chart May 31, 15    
  Chart Jun 30, 15    
  Chart Jul 31, 15    
 Winter Wheat Chart May 31, 15    
  Chart Jun 30, 15    
  Chart New Crop 2015    
 Durum Chart May 31, 15    
  Chart New Crop 15    
 Pinto Beans Chart May 31, 15    
 Feed Barley Chart May 31, 15    
  Chart New Crop 15    
 Malting Barley Chart May 31, 15    
 Turtles (blacks) Chart May 31, 15    
Price as of 05/29/15 09:10PM CDT.
Click to view more Cash Bids

Futures
C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 15 355'6 355'6 350'6 351'4 -2'0 351'4s 01:30P Chart for C5N
Sep 15 361'6 362'0 356'0 357'4 -2'2 357'2s 01:30P Chart for C5U
Dec 15 367'4 368'0 367'4 368'0 -2'0 368'0s 01:30P Chart for C5Z
Mar 16 381'0 381'0 381'0 381'0 -2'0 378'4s 01:30P Chart for C6H
May 16 398'4 -2'0 385'4s 01:30P Chart for C6K
Jul 16 404'4 -2'4 391'0s 01:30P Chart for C6N
S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 15 930'4 935'0 930'0 934'4 8'0 934'0s 01:30P Chart for S5N
Aug 15 919'0 919'0 919'0 919'0 5'0 919'2s 01:30P Chart for S5Q
Sep 15 919'6 4'4 907'6s 01:30P Chart for S5U
Nov 15 908'6 908'6 904'0 905'0 3'6 905'6s 01:30P Chart for S5X
Jan 16 909'0 3'6 912'6s 01:30P Chart for S6F
Mar 16 917'6 3'2 916'4s 01:30P Chart for S6H
W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 15 476'0 478'0 476'0 478'0 -11'6 477'0s 01:30P Chart for W5N
Sep 15 482'0 482'0 482'0 482'0 -12'2 482'2s 01:30P Chart for W5U
Dec 15 498'0 498'0 498'0 498'0 -12'4 497'0s 01:30P Chart for W5Z
Mar 16 524'0 -13'0 511'4s 01:30P Chart for W6H
May 16 535'4 -13'2 520'4s 01:30P Chart for W6K
Jul 16 539'0 -12'6 525'2s 01:30P Chart for W6N
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Jul 15 545'0 548'0 530'0 532'6 -16'2 530'6s 02:49P Chart for @MW5N
Sep 15 555'0 558'2 541'0 543'4 -16'2 541'4s 03:52P Chart for @MW5U
Dec 15 568'6 571'4 555'2 557'4 -15'2 555'4s 01:31P Chart for @MW5Z
O - OATS - CBOT
Month Open High Low Last Change Close Time More
Jul 15 238'4 -6'0 234'0s 01:30P Chart for O5N
Sep 15 241'6 -5'6 241'6s 01:30P Chart for O5U
Dec 15 249'6 -4'0 249'6s 01:30P Chart for O5Z
BO - SOYBEAN OIL - CBOT
Month Open High Low Last Change Close Time More
Jul 15 33.19 33.45 33.18 33.30 1.27 33.33s 01:30P Chart for BO5N
Aug 15 32.09 1.23 33.35s 01:30P Chart for BO5Q
Sep 15 33.15 1.18 33.33s 01:30P Chart for BO5U
@SM - SOYBEAN MEAL - CBOT
Month Open High Low Last Change Close Time More
Jul 15 3052 3078 3020 3064 9 3057s 02:34P Chart for @SM5N
Aug 15 2986 3009 2958 2990 - 6 2984s 02:31P Chart for @SM5Q
Sep 15 2958 2971 2927 2954 - 8 2950s 01:30P Chart for @SM5U
@RS - CANOLA - ICEFC
Month Open High Low Last Change Close Time More
Jul 15 466.0 473.9 465.1 472.6 6.2 472.8s 01:21P Chart for @RS5N
Nov 15 457.2 466.8 456.0 465.3 8.0 465.6s 01:21P Chart for @RS5X
Jan 16 456.1 465.0 456.1 463.5 7.3 464.4s 01:21P Chart for @RS6F
CD - CANADIAN DOLLAR - CME
Month Open High Low Last Change Close Time More
Jun 15 0.801900 -0.001100 0.803300s 02:02P Chart for CD5M
Sep 15 0.834300 -0.001000 0.802300s 02:02P Chart for CD5U
Dec 15 0.801500 -0.001000 0.801500s 02:02P Chart for CD5Z
My Custom Markets
Symbol Open High Low Last Change Close Time More


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Local Conditions
Leeds, ND
Chg Zip Code: 
Temp: 54oF Feels Like: 54oF
Humid: 38% Dew Pt: 28oF
Barom: 30.27 Wind Dir: N
Cond: N/A Wind Spd: 17 mph
Sunrise: 5:41 Sunset: 9:25
As reported at DEVILS LAKE, ND at 8:00 PM
View complete Local Weather

Local Radar
Leeds, ND
Chg Zip Code: 
 
Radar
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Local Forecast
Leeds, ND
Chg Zip:

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Wednesday
High: 57°F
Low: 33°F
Precip: 0%
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Low: 40°F
Precip: 20%
High: 76°F
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Precip: 30%
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Low: 56°F
Precip: 60%
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Precip: 74%
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FARM MARKET NEWS - SOYBEAN AND WHEAT REPORT FOR Fri, May 29
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