Cedar Rapids Mill

We can only take hopper bottom trailers for corn.

 Speed limit is 10mph 

Interested in growing Non-GMO soybeans?  Cargill is still seeking acres for our program delivered to Cedar Rapids, IA.  Premiums start at $2.50/bu.  Call your local merchant or our soybean hub at 402-237-3631 for more information.

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Market Commentary 4/30/2024

Just about every assets aside from the dollar was sharply lower today ahead of the Federal Reserve’s interest decision and direction tomorrow. Energy, ags, stocks, metals, were all sharply lower as funds liquidated positions on tomorrow’s interest rate decision. According to the CME’s FedWatch tool, the market is factoring a 95% chance the Fed holds interest rates steady tomorrow and isn’t favoring the possibility of a rate cut until November. The 3 rate cuts that everyone was hyping for this year are very unlikely to happen as inflation remains sticky and consumer spending resilient. Depending on how tomorrow’s meeting goes, we can expect the individual markets to start trading more independently, but today the funds hit the sell button.

** 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.