Grain Meeting from 1/24/23



 Floyd Update as of today (1/24/23):Floyd is improving but he is still in the ICU. Please keep the prayers coming for him and his family.

There is a donation jar in the office for Floyd.


 Free Price Later is being offered for corn and beans.


Mike Thompson - General Manager 712-261-1142
Brad Roling-Agronomy 712-577-9772
Rod Nitzschke - Agronomy 712-541-4442
Katlyn Kreisel-Bookkeeper 712-441-4003
Todd Schroeder - Swine Feed 712-540-6875
Ron Wurth - Shop 712-540-5500
Nick Galles - Beef Feed 712-540-0098
Ryan Johnson - Grain Merchandiser 712-537-7008
Mark Sudtelgte - Grain  712-540-5704
 Doug Baade - Grain Originator  402-266-1231
Matt Lacey - Area Cattle Manager 712-880-5005
Beau Ohm - Feed Manager 712-541-0093
Brenda Schroeder-Feed/Bookkeeper 712-870-0025

Interactive Radar

Local Weather
Remsen, Iowa (51050)
Current Conditions Clear
Temperature -2°F
Dew Point -2°F
Pressure 30.16 in. Hg
Humidity 100%
Wind 4 mph
From South


National Newswire

Triple Digit Rebound from Cotton
Cotton prices ended the day with 1.3% to 1.8% gains led by the thinly traded October contract. For March that was a 112 point gain on a Turnaround Tuesday. The FOMC will announce their interest rate decision tomorrow afternoon, with most analysts expecting between a 25 – 50 basis point...
Hogs Pull Back on Tuesday
Lean hog futures ended the Tuesday session mostly lower, except for the May contract which was up by 40 cents. The other front months were down by 10 to 30 cents at the bell. USDA’s National Average Base Hog price was $70.85 on Tuesday’s PM update, which was 77 cents...
Cattle Close Mixed for NASS Numbers
Nearby cattle traded in a mostly tight range, and settled mixed but mostly lower within 40 cents of UNCH for pre-report positioning. The feeder cattle market was up by triple digits ahead of the report, led by a 1.21% gain in March. USDA has little to no cash trade to...
Tuesday Wheat Trades Higher
Wheat futures rallied off the overnight weakness, the board showed gains across most contracts. CBT wheat futures went home with 7 1/4 to 8 3/4 cent gains. KC wheat prices ended the day with 4 1/2 to 7 3/4 cent gains, but March was 3 1/2 cents off the high....
Mixed Close in Soy Markets
March beans saw a wide 19 1/4 cent range on Tuesday before closing with a 2 3/4 cent gain. The other front month soybean contracts were fractionally mixed to 4 cents weaker at the final bell. Tuesday meal futures settled $3.30 to $4.50/ton in the red. BO futures rallied on...
Corn Fades to Red at the Close
Corn prices ended with a turnaround Tuesday for old crop. The board had a seesaw session with overnight weakness, before bouncing back at midday. Ultimately old crop contracts ended the day with 2 1/4 to 4 cent losses. March saw a 10 1/2 cent range on the day. New crop...

Remsen FC Cash Bids
Name Delivery Start Basis Cash Price Futures Change Notes
Quotes are delayed, as of February 01, 2023, 03:14:55 AM CST or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

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Market Snapshot
Quotes are delayed, as of February 01, 2023, 03:14:55 AM CST or prior.

Iowa USDA Newswire

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