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Commodity Headlines
Grain Corruption and "Air" in Granaries
January 31, 2022 12:41 PM
Dim Summs blogspot.com
Saturday, Jan 29,2022
China's disciplinary inspectors are cracking down on corruption in the grain marketing system--a long-time target of corruption probes. It's unclear what's really going on here but reports of phony transactions and fake reporting raise questions about the true state of China's grain reserves.
Earlier this week China's Central Commission for Discipline …
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Local Grains
| Corn | Old Crop | New Crop |
| Location | ||
| Pro, Valero-Alternative | +.35K | -.45 |
| Lakota Ethanol - GPRE, Superior | +.40K | -.25 |
| CFE, Ocheyedan | +.50K | -.30 |
| New Vision, Wilmont | +.35K | -.49 |
| Stateline Co-op, Halfa | N/A | -.40 |
| Smithfield Grain, Algona | +.25K | -.25 |
| Poet Bio Refining, Emmetsburg | +.43K | -.25 |
| New Co-op Max, Fostoria | +.35K | -.45 |
| New Co-op Max, Mallard | +.25K | -.45 |
| New Co-op, Palmer | +.28K | -.45 |
| Soybeans | Old Crop | New Crop |
| Location | ||
| Pro, Valero-Alternative | -.40K | -.80 |
| Meadowland Co-op, Lamberton,MN | -.45K | -.60 |
| CHS, Fairmont | -.15K | -.35 |
| CFE, Ocheyedan | -.20N | -.60 |
| AgState, Emmetsburg | -.39K | -.75 |
| AgState, Hartley | -.48K | -.65 |
| AgState1, Laurens | -.48K | -.80 |
| New Co-op Max, Mallard | -.45K | -.80 |
| New Co-op Max, Fostoria | -.40K | -.80 |
| New Co-op, Palmer | -.45K | -.80 |
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Our Team
Our team is comprised of Ag professionals with different backgrounds and a core belief: “The key to success is working in the producer’s best interest”. The main focus of our business is to enhance your bottom line with sound risk management and local cash grain knowledge. Together, our team has over 30 years of combined experience in the grain and commodity sectors. Our team provides excellent one on one service for the management of today’s farming environment.
1317 Gowrie Street
P.O. Box 337
Ruthven, Iowa 51358
(712) 837-3716
Toll Free: (866) 807-9119
Fax: (712) 837-3746
Strategic Agri Marketing Corp LLC, believes each individual's operation is unique. Recommendations and marketing strategies are developed based on each operation’s risk bearing ability and financial condition. The risk of loss in trading commodities can be substantial, therefore carefully consider whether such trading is suitable for you and your operation. This data and the comments contained herein are provided to you for your purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. NFA Rules require us to advise you that past performance is not indicative of future results, and provides no guarantee your trading experience will be similar to past performance.