Grain Gleanings



The Race is On!

By Rebecca Johnson, Grain Manager, Salem

Just like Louisville, Kentucky, is preparing for the 150th Kentucky Derby, the Midwest farmers are preparing for planting season.  Besides the breezy conditions, the weather for the most part has been favorable for fertilizing, spraying and planting season.  The soil temperatures are slowly warming with air temperatures forecasted to rise early next week into the low 70’s.  The forecast for the next couple of days shows a good chance of some rain in most all the areas of our locations. Planting season at this time is looking favorable for good germinating and growing conditions, of course time will tell.

If the 2024 planting and growing season continues to go as planned the grains may be more abundant than we have seen in a while. If you are still storing grain at your local elevator or in bins at home, you may want to start thinking about a realistic price you would be willing to sell your grain at.  Grains have seen some upswing the first part of this week as well, so it may be a good time to reach out to a grain originator and see what options may work best for you.   Looking at marketing at least a small portion of new crop even though harvest is roughly six months away may also be something you want to investigate.  Remember the prices may not be what you want but at this time are still not bad compared to three years ago.  Again, if the weather stays favorable the supply/demand concept will be playing a large role in the market prices going forward and the basis will more than likely also be affected.

Thank you for your continued patronage and have a safe planting season.





By Hunter Behrens, Grain Originator, Lyons

Agricultural markets were mixed Wednesday at midday with feed grains mostly lower while the soybean complex was higher across the board. With fresh news scarce technical considerations appeared to be driving Wednesday’s price action. The weather shows widespread rains across the Midwest early this week with much cooler temperatures expected through the end of the week. Overnight lows are expected to dip into the mid 20’s this weekend for the Dakotas, along with parts of MN and NW NE. Above normal temperatures are expected to return for much of the nation’s midsection in the last week of April. Widespread rain is still lacking for much of western KN along with OK and TX panhandles for the next week. Heavy rain fell across the drier areas of South America in the past 24 hours and look to possibly continue through the week while Argentina is expected to dry down into early next week.  

Markets will remain on edge due to Geo-political issues and the inability to handicap when the next shoe drops. The big Geo-political issue of the Israel/Iran conflict has barbs being thrown back and forth for the last couple of days. Concerns about further escalation will continue and will add to volatility.

Rain has blessed most of our trade area and will help restore the water table after the past few years of droughty conditions. We still need many rain events from now until mid-August, but every bit helps. The 10-day forecast looks like we may see some rain next week and into the weekend which will slow down some eager farmers wanting to get a start on planting. I hope everyone has a safe and speedy spring planting season!




Grain Trade

By Matt Morog, Grain Department Manager

Last week we were given the 2024 planting intentions. Corn was reported at 90.036 million which is 1.75 million below the trade guess and 4.6 million below last year’s final planting number. Soybean reported in at 86.5 million which is right at the trade guess, but 3 million more acres than last year’s final planting figure. Overall concern is that the US is net short roughly 6 million acres of principal crop intentions vs a year ago. We are going to likely add some acres planted before it’s all done, but it's never been more than 500,000 acres between March intentions and final.

The report gave us a friendly reaction higher on both corn and beans but was quick to give it back as we started this week. I think the trade is very cautious in thinking we are going to see that significant of a decrease in planted acres. I believe the total acres planted will only grow from here on out. Hard to imagine we lose this many acres in such a short amount of time. I’m still convinced any planting carrot we receive should be sold.






Central Farmers has a mobile app that provides real time business information at your hands. By partnering with BUSHEL, we are able to empower you, our producers, to make informed and quicker business decisions with CFC.

  • Access scale tickets, contracts, bushel balances, cash bids and market information— all from your smartphone.
  • Access scale tickets virtually in real time, allowing you to know how many bushels you have delivered and how much still needs to be delivered. The Scale Ticket interface is easy to understand and tracks grade factors such as Moisture and Test Weight.
  • Access your contracts that you have with any CFC location. You will be able to see the status of any contract to find out whether it is filled or is still open.
  • Access real-time bushel balances of your grain across all CFC locations.
  • Access delayed cash bids for all of our CFC locations. You will be able to access Grains, Livestock and Ethanol Futures from CME or MGEX.

You can find the App on Google Play for Android devices or the App Store for iPhones by searching for Central Farmers. Download it today!

Click here for the ADM Advantage website
Click here for the ADM Crop Insurance Information
Ask us how you can help keep U.S. ag exports competitive.

FREMAR LLC strongly recommends farmers verify their seed varieties are approved for significant export markets.
We plan to selectively test loads delivered to our grain handling facilities.
We reserve the right to reject crops with unapproved traits.
If you have seed that is not approved for significant export markets, we encourage you to check with your seed sales representative to see if your order can be exchanged for seed that is approved for global use.
FREMAR LLC will NOT accept any treated soybeans at any of our facilities in grain deliveries.
It is ILLEGAL to dump treated beans at ANY grain facility!
Due to a recent South Dakota court ruling, all Voluntary Credit Sale contracts (DP, Deferred Pay, Basis), the South Dakota Public Utilities Commission Warehouse Division has notified FREMAR LLC and Central Farmers Cooperative that all Voluntary Credit Sales Contracts must be signed within 30 days of final delivery.
If FREMAR LLC or Central Farmers does not receive the signed contract at our elevator within 30 days,
the bushels on these contracts must be cashed out at the closing price on that date
and the check will be mailed to the producer.
Please click here for the official South Dakota Public Utilities Commission Warehouse Division Ruling 

The CBOT trading hours are:
Sunday - Thursday night hours are 7:00pm - 7:45am. 
Monday - Friday day hours are 8:30am - 1:15pm.

Central Farmers Cooperative continues to purchase grain for all locations while the CBOT is open and closed.
The extended hours continue to put more volatility into the market.  We encourage our customers to continue to utilize our offer system.  Your offers have the potential to be filled at any time while the market is open.
Please call your local Central Farmers Cooperative location to place your offers as well as any questions you may have.
Thanks as always for your patronage.


Origination Staff

Matt Morog
Grain Department Manager
Jeff Moritz
Lead Grain Merchandiser
Jake Moret
Grain Originator
Hunter Behrens
Lyons Grain Originator
Christopher Owen
Dimock Location
Terry Kampshoff
Canova Location Manager
Mike Sayler
Freeman Location Manager
Rebecca Johnson
Salem Elevator Location Manager