Facility Updates and Hours of Operation
MAX MST 24%
We can only take hopper bottom trailers for corn.
Speed limit is 10mph
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The Governor has issued the harvest weight proclamation through November 8th.
Market Commentary 10/21/2024
A positive in the corn and bean market as both commodities saw some good support thanks to some new export sales, South American Safrinha crop concerns, and more Chinese stimulus news. US corn harvest is pegged at being 65% complete, which is above market expectations and 12% above the 5-year average. Soybean harvest is pegged at 81% complete, which is the fastest in 14 years. Most areas in the Midwest are expected to be done with harvest by the end of the month. Corn and Soybean spreads continue to narrow as demand remains strong at the river and processors. Other positive news, Iowa State Football is 7-0 for the first time in school history. Experts don’t believe this had anything to do with today’s price action tough. Conditions continue to be hot and dry in the Midwest, though rain is starting to be placed into the forecast. There has been a lot of crop harvested at 12%-13% moisture for corn and 8% for beans. It will be interesting to see how much overall yield loss there will be from this, and when it will be realized. Overall, the market still seems to be bearish with harvest pressure and a big supply, but CZ24 corn remains over sold, closed above the 50-day moving average, which is bullish. The next target is the 100-day moving average at 4.19. Soybeans are also over sold, but they have some work to do as the next resistance point is $10. First notice day for November soybean options is nearing, and typically soybean spreads weaken during this time. Have a good evening!
** This communication has been prepared by Cargill, Incorporated. The information in this communication does not constitute “investment service,” “investment advice,” or “financial product advice” as defined by laws and/or regulations in any jurisdiction, and the contents of this communication should not be construed as investment, legal or tax advice. Each person should seek independent investment, legal and tax advice concerning the consequence of entering any transaction.
Hours subject to change. Please call ahead. If you have service requirements outside of regular hours, check with your location.
Dent
Monday
7:00am-3:00pm
Tuesday
7:00am-3:00pm
Wednesday
7:00am-TBD
Thursday
7:00am-TBD
Friday
7:00am-TBD
Saturday
Closed
Sunday
Closed
Waxy Hours
Monday
7:00am-3:00pm
Tuesday
7:00am-3:00pm
Wednesday
7:00am-3:00pm
Thursday
7:00am-3:00pm
Friday
7:00am-3:00pm
Saturday
Closed
Sunday
Closed
Quaker Hours
Monday-Sunday
Closed
Phone
Primary
800-515-1105
Address
Primary Address
1710 16th St Southeast
Cedar Rapids, Iowa 52401
Mailing Address
1710 16th St Southeast
Cedar Rapids, Iowa 52401