Grain

Go With The Grain At River Valley

If you’re going to take full advantage of high grain prices, it helps to have a partner who can help you navigate today’s volatile grain markets.

Count on River Valley Cooperative for basis contracts, minimum price contracts, hedge-to-arrive contracts, price-later contracts, priced-forward contracts, deferred payment contracts, direct deposit of grain checks, grain hauling services, and grain market insights.

River Valley provides two grain delivery options for marketing your grain, including:

  • More than 27 million bushels of licensed storage space at our 14 elevator locations. Our facilities at Olin, Dewitt, Ryan, and Martelle are equipped with 15,000 to 30,000 bushels per hour of receiving capacity. Two locations (Galva and Sunbury) are connected with feed mills that utilize 25,000 bushels of corn per day. 
  • A direct-ship program that allows you to ship grain to local terminals. Bushels can be delivered to a number of delivery points through different freight options. The same marketing options that are available for grain hauled into our elevators are also available on direct-ship bushels. We offer multiple delivery points and can price the grain either delivered or as farm pick-up.
  • If you’re going to take full advantage of high grain prices, it helps to have a partner who can help you navigate today’s volatile grain markets.


​2018 GRAIN POLICIES
Iowa Grain Policies
Illinois Grain Policies

ACH Authorization Form

Grain Bids


Change Location
CORN  
Delivery Date Futures Price Futures Month Basis Cash Price Futures Change
Oct
372'4
@C8Z -0.2100 3.5150 10/17/2018 9:32:00 PM CST
 -1'6
Nov
372'4
@C8Z -0.1100 3.6150 10/17/2018 9:32:00 PM CST
 -1'6

Futures

Symbol Last Open Close High Low Change
CORN
Dec '18 @C8Z 3.7250 3.7300 3.7425 3.7300 3.7225 -0.0175
Mar '19 @C9H 3.8475 3.8525 3.8650 3.8525 3.8450 -0.0175
May '19 @C9K 3.9175 3.9225 3.9350 3.9225 3.9150 -0.0175
SOYBEANS
Nov '18 @S8X 8.7925 8.8225 8.8575 8.8375 8.7875 -0.0650
Jan '19 @S9F 8.9325 8.9650 8.9975 8.9775 8.9275 -0.0650
Mar '19 @S9H 9.0600 9.0875 9.1225 9.1000 9.0550 -0.0625
SOYBEAN MEAL
Dec '18 @SM8Z 322.4 323.1 323.7 323.4 322.1 -1.3
Jan '19 @SM9F 324.1 325.6 325.5 325.6 323.8 -1.4
Mar '19 @SM9H 322.9 323.5 324.3 323.8 322.6 -1.4
WHEAT
Dec '18 @W8Z 5.1525 5.1600 5.1750 5.1650 5.1475 -0.0225
Mar '19 @W9H 5.3550 5.3650 5.3800 5.3650 5.3500 -0.0250
LIVE CATTLE
Oct '18 @LE8V 112.925 112.850 112.925 113.150 112.500 0.275
Dec '18 @LE8Z 117.375 117.700 117.375 118.000 117.075 -0.400
LEAN HOGS
Dec '18 @HE8Z 54.700 56.150 54.700 56.750 54.550 -2.175
Feb '19 @HE9G 62.575 63.575 62.575 64.125 62.375 -1.675
DTN Click here for info on Exchange delays.

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Select Pricing Program Bi-Weekly Updates
John Stewart & Associates, October 15, 2018 Comments

Today we entered into new positions for summer 2019 soybeans and fall 2019 corn. We sold an additional 20% of summer soybeans versus SN9 futures at 9.24. This takes us to 40% sold for summer soybeans at an average price of 9.80. We also initiated our first hedge for the 2 year corn program versus CZ19. We sold 20% at $4.05  
 
The following trades were also added later in the day:

  • We sold 20% more of our summer soybeans at 9.40 SN9. This takes us to 60% sold for summer soybeans
  • We sold our first volume for new crop soybeans at 9.50 SX9 in the 2 year program. This hedge was for 20%

Brian Burke
John Stewart & Associates

River Valley Cooperative's MarketEdge Program 

Our 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.  

    Communication
    • 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".

    Technology
    • 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

NEW! Try our Equivalent Price Calculator Tool. Plug in your data into the shaded boxes on the downloadable spreadsheet to see the price equivalent on your crops.

    Marketing
    • 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:

Central Office
Mike Moellenbeck
563-285-1720
mmoellenbeck@rivervalleycoop.com

Kale Petersen
563-285-1736 
kpetersen@rivervalleycoop.com

Bridgett Wildermuth
563-285-1719 
bwildermuth@rivervalleycoop.com

Galva Office
Scott Sallee
309-932-2081 ext. 223
ssallee@rivervalleycoop.com

Olin/Martelle Offices
Phil Knuth
Olin 319-484-2341 / Martelle 319-482-3101
pknuth@rivervalleycoop.com

Ryan Office
Allison Ryan 
563-932-2101
aryan@rivervalleycoop.com