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Ag Plus meets producers' grain marketing needs by providing access to end-user markets, competitive bids, and pricing programs. Our experienced team offers competitive prices, transportation needs, drying, and storage services. 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, please contact Dave, Nathan, 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 or Mark Marshall at 260-723-5141 for more information.
Wanting to learn how to manage Vomitoxin??
Click on the link below to find the video!
Corn School Managing Vomitoxin
January 23, 2025
We would like to encourage our grain customers to sign up for ACH payments on grain. Postal rates continue to climb, service continues to have delays and losing mail. We will continue to mail or e-mail you settlements to you. ACH payments will be in your account the next business day after settlement. If you are interested, please contact your local grain branch for the forms you need to complete. If you have any additional questions contact your local branch or Amber Hale at 260-723-5141, ext. 106.
Markets were about unchanged last night and quiet going into the morning break. After the break, grains rallied to trade at new highs for the move before selling off toward the close. Corn ended the day up 5-1/2, soybeans up 9-1/2, and wheat unchanged. Friday tomorrow, we could see some profit taking waiting on South America forecasts on Sunday. Weekly oil inventory was released today with crude oil stocks at 411.7 million barrels, down 1.0 from the previous week and down 9.0 from last year. Gasoline stocks were 245.9 million barrels, up 2.3 from the previous week and down 8.1 from last year. Distillate stocks were 128.9 million barrels, down 3.1 from the previous week and 4.4 below last year. Ethanol production was 1.099 million barrels per day, up from 1.095 the previous week and way above last year at 818,000 barrels per day. Ethanol stocks were 25.874 million barrels, up from 25.008 the previous week and 25.815 last year. The Dollar was down 102 at $108.360, gold was down $8.0, silver was down 605 points. Stocks were mixed with Dow future up 349, Nasdaq down 41, and S & P up 15. Crude oil was down 94 cents at $76.00, heating oil was down 1.6 cents, and gasoline was up 1/2 cent.
Support on March corn is $4.80 and $4.73-1/4 and resistance is at $5.00 and 5.08-1/4. Support on March soybeans is $10.27-1/4 and $10.21-3/4 and resistance at $10.76-1/2 and $11.00. Wheat support on March at $5.42 and $5.29-1/4 and resistance at $5.63 and $5.69-1/4.