Grain Elevator

Cedar Rapids Mill

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Facility Updates and Hours of Operation

Compensation for Reducing Tillage and/or Planting Cover Crops

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  • Payment per ton of soil carbon sequestered
  • A choice of regenerative practice to adopt, including a      reduction in tillage and/or planting of cover crops 
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  Friendly reminder that Cargill Cedar Rapids is 100% Tobacco free. 

  

  

  

Market Commentary 05/26/2023

Grain markets are up a good handle on fund short covering and de-risking ahead of this long weekend. The Midwest is warmer and dryer than normal with little participation expected across the corn belt in the 10-day forecast. Tuesday brings a new week of trading along with a crop condition report after the close. Grain markets officially open back up for trading at 7pm on Monday though I doubt any big moves come until Tuesday morning. Nearby resistance for December corn is 5.42 - 5.50. Just about all commodities bar livestock ended the day in the green going into the holiday weekend, stocks continued higher as well. The Fed has another meeting in mid-June where they will likely raise interest rates. Jamie Dimon, the CEO of JP Morgan things interest rates are going to 6-7% which I agree with. So far, the economy has remained resilient, and it may take years of high interest rates to reign in inflation. 

Have a great holiday weekend everyone and start giving those new crop price/profitability targets some thought.


** 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.

Standard

Monday

Closed

Tuesday-Wednesday

7:00am-3:00pm

Thursday

7:00am-TBD

Friday

TBD-TBD

Saturday-Sunday

Closed

Waxy Hours

Monday

Closed

Tuesday-Friday

7:00am-3:00pm

Saturday-Sunday

Closed

Quaker Hours

Monday-Thursday

6:00am-3:00pm

Friday-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

Commodity

Brenda Kochanny

Merchandising Manager

Jenna Hintz

Grain Origination Specialist

Cory Howk

Grain Origination Specialist

Bobby Belzer

Grain Origination Specialist

Daniel Elsner

Commodity Trading Associate