Select Pricing Program Bi-Weekly Updates!
The market has been on a rollercoaster since our last update, and we have been busy trying to price your bushels at the best value we can. Since the June 30th report where the USDA cut soybean acreage and stocks and did the reverse for corn the market has rallied hard, corrected, and now starting to recover all in a 2 week period of time. In that period we sold another 30% of the fall corn to go to 50% sold, and sold another 25% of the fall soybeans to take us to 75% priced. Additionally we sold another 20% of the winter corn, 40% of the winter soybeans, and 66% of the summer soybeans as the market finally got back above $10.00 for the first time since March. We also have made several option trades mostly liquidating some floors in place that we had in the case that the June 30th report was bearish.
River Valley Cooperative's MarketEdge Program is designed to provide grain producers flexible pricing programs and delivery options based on the needs of your farming operation. Utilize futures and basis contracting to support pricing opportunities on grain marketing.
We offer transportation and logistics support for timely and cost effective delivery to market. In addition, utilize technology services aimed to improve the communication, execution and recordkeeping of your grain marketing supported by your Grain Marketing Team.
• Receive emailed grain comments every morning and afternoon
• Receive updates on government report data and market implications
• Receive marketing bulletins and strategies
Subscribing is fast and easy! Visit our homepage, look for the MarketEdge Newsletter box on the right side of the page, add your email address and click "Subscribe".
• River Valley Cooperative mobile-friendly website – rivervalleycoop.com
• Sign up for direct deposit of grain settlements
• Receive contracts electronically and access to other customized reports
• Sign up for text alerts via your mobile phone
• Leave a price offer or sell grain electronically through the River Valley Cooperative/DTN Offer Portal and market grain 24 hours a day
• 24-hour marketing capabilities
• First access to HTA contracting, basis programs and other marketing opportunities
• Best market pricing
• Delivery options including farm pick-up programs
For more information on any of our grain services, contact River Valley’s grain marketing team:
River Valley Cooperative is dedicated to delivering personalized services and expert solutions that enhance and ensure the long-term viability of our customer-owners, employees and communities.