Cash Bids
 

 

 

 
National Newswire

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STATE USDA Newswire
Garber Coop Comments

EMA Fall Marketing Plans:

We all know that this year has been a large challenge to say the least. We are working to make sure we can dump your farmers fall crops. We are going to have a few changes to our fall marketing program. It is very difficult to find decent bids for the crop and with space as tight as it is we will be going to deferred payment only on Soybeans this fall. We will be charging a $.04 monthly charge. ($.01 better than storage). This will allow us to handle this crop as efficiently as possible. We will give the farmer until August 31, 2017 to price their beans.

We will also be going to cash or basis contracts only on Milo. The farmer will have the option to take the cash bid across the scale or set his basis against the May futures and have until April 30 to price his crop. We will not charge any storage on milo in the basis sale program. We think that both of the moves are necessary in order to protect our cooperatives against selling at such depressed values in the market.

--Troy Rigel

 

Garber Cooperative is making room for the 2016 corn harvest with the implementation of a wheat bunker. The bunker is expected to hold roughly 1.2 million bushels of wheat from the 2016 wheat harvest.

 

Oklahoma’s Right to Farm constitutional amendment will be on the ballot in the general election on November 8, 2016. To secure these constitutional rights for farmers and ranchers, Oklahoma agriculture needs to make our case to the press and the voters.

Vote "YES" on State Question 777.

 

 

 

 

 

Market Snapshot
Quotes retrieved on September 29, 2016, 07:04:36 AM CDT
Local Weather

Garber, Oklahoma (73738)

Current Conditions: Clear
Temperature: 48°F Dew point: 46°F
Humidity: 93% Pressure: 30.32 in. Hg
Wind: 5 mph From: North

Forecast

Thursday

Hi: 70°
Lo: 49°
Friday

Hi: 73°
Lo: 51°
Saturday

Hi: 78°
Lo: 56°
Sunday

Hi: 82°
Lo: 59°
Monday

Hi: 83°
Lo: 63°

Zip Code:

© 2016 Freese-Notis Weather

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Commentary
Lean Hogs -

Lean hog futures settled with December slightly higher, February slightly lower, and the October contract unchanged.  Most contracts poked out

Cotton -

Cotton futures are trading 20 to 27 points higher after they were 126 points lower on Wednesday with the steep losses mostly attributed to ideas of

Ag Market Commentary -

Corn futures are trading mostly 3 to 4 cents higher this morning after posting 2 1/2 cent losses in most contracts.  Weekly data from EIA

Corn -

Corn futures are trading mostly 3 to 4 cents higher this morning after posting 2 1/2 cent losses in most contracts.  Weekly data from EIA

Soybeans -

Soybean futures are trading with gains of 7 to 9 cents this morning after Wednesday trade left them with losses of 6 1/4 to 7 cents, despite export

Wheat -

Wheat futures are currently trading with gains of two or three cents after they were mostly higher on Wednesday. Expectations heading into the

Full commentary...