Inbound Grain

ATTENTION TRUCK DRIVERS - Please be extra cautious and abide by posted speed limit signs, especially with the additional construction taking place - THANK YOU!


GMO Statement:

A significant amount of dried distillers grains (DDGS) product from the Cardinal Ethanol plant has the potential to be exported at any given time. It is important for you to know that non-approved varieties compromise our ability to provide our dried distiller’s grain to strategic and vital export customers.

As a corn producer or customer of Cardinal Ethanol, please check with your seed sales representative if you have any doubts about your seed corn and respectfully follow their stewardship guidelines if you plan to grow unapproved varieties of corn. We reserve the right to test deliveries and decline any loads that test positive.  If you have any questions or concerns, please contact our office


Grain News


Commentary
Cotton Faces Pressure on Tuesday
Cotton futures closed with losses on Tuesday with most contracts down 70 to 106 points. The outside markets were a pressure factor, with crude oil futures back down $1.87/barrel and the US dollar index down $0.211 to $99.000. NASS pegged the US cotton crop at 15% planted as of 4/27,...
Cattle Extend Gains to Tuesday
Live cattle futures posted Tuesday gains of 30 to 70 cents on Tuesday. There still have yet to be any deliveries against April futures with expiration on Wednesday. Cash trade has yet to see any movement this week but closed last week with the South coming in at $212-213 and...
Corn Collapses on Tuesday
Corn futures fell lower on Tuesday, with front months 13 to 15 cents in the red and new crop December down just 5 ¾ cents. The nearby CmdtyView national average Cash Corn price was down 13 1/4 cents at $4.36 1/4. USDA reported a private export sale of 120,000 MT...
Soybeans Weaker on Tuesday
The soybean market closed with Tuesday losses of 9 to 11 cents. CmdtyView’s national front month Cash Bean price is down 10 1/2 cents at $9.95 1/4. Soymeal futures were up 70 cents to $3.50/ton, with Soy Oil futures were back down 94 to 113 points. A private export sale...
Wheat Slide Continues
The wheat complex was under continued pressure on Tuesday, with losses across the three markets. Chicago SRW futures were down 5 to 10 cents on Tuesday. Kansas City HRW contracts were 8 to 9 cents lower in the nearbys. MPLS spring wheat posted 3 to 5 cent losses at the...
Hogs Fall Back on Tuesday, Despite Cash Strength
Lean hog futures were back lower on Tuesday with contracts down 40 cents to $1.625, with losses of 47 cents to $1.27. USDA’s national average base hog negotiated price was reported at $93.02 on Tuesday afternoon, up $2.88 from the day prior. The CME Lean Hog Index was up another...