Until further notice, access to all Assumption Coop. Grain Company offices will be for employees only. All business will be conducted via phone, electronic communication, or mail. If you would like to pick up a check or paperwork, please contact us, and someone will bring it outside to you. We ask that all truck drivers stay in their trucks when delivering or loading out grain.
Futures
@C - CORN - CBOT
Month
Last
Change
Open
High
Low
Close
Time
More
May 21
596'6
4'6
593'0
597'2
592'6
592'0
11:42P
Jul 21
584'4
4'0
581'0
585'2
580'6
580'4
11:42P
Dec 21
523'2
3'0
519'4
523'6
519'2
520'2
11:41P
@S - SOYBEANS - CBOT
Month
Last
Change
Open
High
Low
Close
Time
More
May 21
1463'2
13'4
1450'4
1464'6
1450'0
1449'6
11:43P
Jul 21
1449'2
12'6
1435'6
1451'0
1435'6
1436'4
11:43P
Nov 21
1289'0
5'0
1282'0
1290'0
1280'4
1284'0
11:43P
@W - WHEAT - CBOT
Month
Last
Change
Open
High
Low
Close
Time
More
May 21
654'2
2'0
651'4
655'0
650'2
652'2
11:41P
Jul 21
655'4
1'6
653'0
656'6
651'2
653'6
11:41P
@YM - E-MINI DOW JONES $5 - CBOT
Month
Last
Change
Open
High
Low
Close
Time
More
Jun 21
34034.00
76.00
33996.00
34066.00
33986.00
33958.00
11:43P
My Custom Markets
Symbol
Last
Change
Open
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Closing Market Comments
4-19-20
Corn
Corn futures ended the session slightly higher today. Global weather was seen as supportive with dry conditions expected in Brazil, the northern U.S. Plains, and Canadian Prairies. In addition, forecasts for colder than normal temperatures across the Midwest early this week offered underlying support. CZ21 was able to notch a new high today at $5.21 ¾. The spotlight remains on the Brazilian safrinha corn crop with concerns focused mainly on the states of Parana, Mato Grosso do Sul, Goias, and Sao Paulo as those states combined are expected to produce approximately 45% of Brazil's 2nd corn crop. A lack of rain in recent weeks in south-central Brazil has reportedly reduced soil moisture to less than 40% of capacity and only light rain is expected this week followed by a drier pattern the next 2 weeks. Corn planting continues to take place in some areas across the Midwest. Weather maps indicate the Midwest will see a rain/snow mix early week followed by warmer temperatures this weekend. NASS will release updated progress numbers this afternoon. The expectation is to see approximately 9% of the U.S. corn crop planted. A week ago, U.S. corn planting progress was estimated at 4% complete. Weekly U.S. export inspections were released this morning. Corn inspections totaled 60.0 mln. bu. and exceeded the weekly “needed” total the balance of the marketing year to reach USDA’s annual export projection. Activity included 560,000 tonnes shipped to China, leaving their official unshipped purchases on the books at roughly 13.1 MMT. Given “unknown” sales, this total could be closer to 14.5 MMT. Cumulative corn export inspections total 1.545 bln. bu.
Soybeans
Soybeans were also higher today as tight old crop and new crop balance sheet projections coupled with firm old crop domestic basis offered support. SX21 futures notched a new contract high at $12.87 ¾. Nearby crush margins remain firmly in the green and cash supplies are tightening. Record exports have resulted in depleted stocks in the east while drought-stricken areas in the west are seeing dwindling supplies. Bean harvest in Brazil is nearing completion, estimated at 91% complete. Harvest in Mato Grosso is estimated to be 100% done. This has resulted in firming Brazilian offers, but values still remain below the U.S. Weekly U.S. soybean export inspections totaled 6.8 mln. bu., falling within trade estimates. This morning’s number did, however, mark a new marketing year low and came in below the average "needed" pace per week the balance of the marketing year to meet USDA’s export projection. This week's activity included just 9,000 tonnes to China and leaves roughly 800,000 tonnes in old crop purchases still on the books. Considering sales to “unknown,” that total could be closer to 1.5 MMT. Cumulative bean export inspections stand at 2.021 bln. bu. Soybean planting has been noted in some areas across the Midwest the last few weeks. NASS will release updated progress numbers this afternoon. The expectation is to see approximately 3% of the U.S. soybean crop planted.
News from the Coop
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