Ag Plus meets producers' grain marketing needs by providing access to end-user markets, competitive bids, and pricing programs. Our experienced team provides competitive prices, transportation needs, drying, and storage service, and we take pride in unloading grain quickly during the high-volume harvest season so your operation doesn't experience bottlenecks. If you have any questions feel free to contact Dave, Laura, Larry, Mark, or Ron for your grain marketing needs.
Ag Plus will pick up grain from the farm with our semi-trucks. If you have farm storage or are looking at grain pick up from the farm during harvest, talk to us about what we can do for you. Contact Dave Reichhart for more information.
Watch the video below for a walkthrough on applying for USDA payments through the Coronavirus Food Assistance Program, and follow the link to get to the calculator!
Wanting to learn how to manage Vomitoxin??
Click on the link below to find the video!
Corn School Managing Vomitoxin
March 31, 2023
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Non-GMO corn and beans
We have a grain buyer looking for truckloads of non-GMO old-crop corn and beans. If you have uncommitted non-GMO corn or beans in farm storage that are not sold, contact Dave Reichhart to discuss.
Trucking/On-farm pick up
Ag Plus will pick up grain from the farm with our semi-trucks. If you have farm storage or are looking at grain pick up from the farm during harvest, talk to us about trucking we might be able to do for you. Contact Dave Reichhart for more information.
Closing Market Comments
Markets traded on both sides of the close overnight and this morning waiting for the stocks and acreage report at noon today. The report had some surprises which is typical from this report. Corn stocks were 7.406 billion bushels, down from the average guess of 7.470 and below last year at 7.758. Soybean stocks were 1.685 billion bushels, below the average guess of 1.742 and below last year at 1.932. Wheat stocks were 946 million bushels, up from the average guess of 934 and below last year at 1.209 billion bushels. The planting intentions for corn was 92.0 million acres, up from the average guess of 90.9 million and well above last year at 88.6 million acres. Soybean planting was 87.5 million acres, below the average guess of 88.2 million and close to last year at 87.45 million acres. Wheat planting was 49.855 million acres, up from 48.9 million average guess and 45.738 last year. Cotton acres were reported at 11.256 million acres, just above the guess of 11.212 million and below last year at 13.763 million acres. Soybean quickly jumped higher after the report trading up as much as 39 cents on old crop and 31 cents on new. Corn was able to rally up 15 cents on old crop and 8 cents on new. Wheat rallied to trade up 8 cents before selling off later in the day. At the close, beans were up 31 on old, 16 on new, corn was up 11 on old and down 1 on new and wheat close unchanged. Now we move forward trying to determine why the stocks were off. Was it yield, acres, or usage that impacted the number? The Dollar was up 434 at $102.255, gold was down $10.00 at $1987.70, and silver was up 206 at $24.195. Crude oil was stronger trading up $1.20 at $75.69. Stock indexes were higher with Dow futures up 424, Nasdaq up 224, and S & P up 59.
Support on May 23 corn is $6.42-3/4 and $6.37 and resistance is $6.76 and $6.80. Contract high is 7.66-1/2. Support on December 23 corn is $5.61-1/2 and $5.57-1/2 and resistance is $5.78 and 5.90. Contract high is $6.79-1/4. Support on May 23 soybeans is $14.91 and $14.82 and resistance is at $15.30 and 15.50. Contract high is $15.67 1/2. Support on November 23 soybeans is $13.00 and 12.92 and resistance is $13.23 and $13.40. Contract high on November soybeans is $14.48-1/4. May wheat support is at $6.92-1/4 and $6.80 and resistance is at $7.17 then $7.29. Contract high is $12.42. Support on July 23 wheat is at 7.00 and $6.75 and resistance is at $7.36 and 7.63. Contract high is at $11.61.