Happy New Year!  Wishing everyone a safe and prosperous 2022.

 

Check out the new pictures of the progress in Montpelier!!! 

Montpelier Office is being renovated. Click here for pics!



Market Snapshot
Quotes are delayed, as of January 19, 2022, 05:20:49 AM CST or prior.

National Newswire

Local Weather
Edon, Ohio (43518)

Current Conditions Clear
Temperature 42°F
Dew Point 33°F
Pressure 29.75 in. Hg
Humidity 70%
Wind 10 mph
From Southwest


Forecast


Edon Grain Terminal & Main Office
205 S. Michigan
P.O. Box 308
Edon, OH  43518
419-272-2121
800-878-4093 
Edon Agronomy Plant 2
10-226 Co Rd 5
Edon, OH 43518
419-272-2415
800-878-4095

Edgerton
P O Box 426
117 E Morrison
Edgerton, OH  43517
419-298-2317
888-878-4093
Montpelier Grain Terminal
11-715 Co Rd 13
Montpelier, OH  43543
419-485-3117
800-548-0991


Commentary
Wheat Markets Rally out of Weekend
At the close Tuesday, front month wheat futures had bounced by double digits on +3% gains. Chicago futures were 20 1/4 to 27 1/2 cents stronger. KC HRW prices were up by 23 3/4 to 27 3/4 cents. Spring wheat closed 14 1/2 to 28 3/4 cents in the black....
Cattle Fade out of Weekend
Live cattle futures closed the first trade day of the week with 27 to 55 cent losses. USDA reported some cash trade from $135.50 to $137 for Tuesday, with business in NE and KS. Feeder cattle also closed red, with a triple digit loss in Jan and 55 to 95...
Hog Market Higher on Tuesday
Lean hog futures traded firmer on Tuesday. For Feb contracts, that added to the triple digit gain going into the weekend and has prices up $4.55 from the Thursday low. USDA’s National Average Base hog price for Tuesday afternoon was $4.08 higher to $66.19. The CME Lean Hog Index from...
Triple Digit Gains for Cotton
Cotton futures continued posting fresh contract highs on Tuesday, as the front months rallied triple digits out of the 3-day weekend. March prices went home 138 points higher with $1.2137/lb as the current LOC high. That’s not quite to the high set by the December contract. New crop December futures...
Corn Markets Mixed at Bell
After weakness to start the short week, corn futures bounced into the close with 1 1/2 to 3 1/4 cent gains. New crop prices were fractionally red at the closing bell. FAS’s weekly Export Inspections report had 1.204 MMT of corn shipped during the week that ended 1/13. That was...
Soy Market Weakens on Tuesday
Soybean oil closed with gains as meal and beans dropped to start the short week. At the close for Tuesday, soybeans had rallied double digits off their intra day lows but were still 8 1/2 to 9 3/4 cents weaker at the bell. Meal futures pulled back $13.10 to $15.50/ton...

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