Cedar Rapids Mill

Facility Update

Market Commentary By: Tom Manternach March 2021 corn closed 5.25¢ lower at $4.2075 and January beans closed 6.5¢ lower at $11.62. Growing conditions in South America are better with rain in the forecast this week down there. Otherwise no new fundamental inputs and funds longs are taking profits the last couple of days as we need to continue to feed the bull daily. Look for us to stay range bound until more fundamental news comes up in the marketplace as we hit the winter doldrums. Wait times today: We’ve been a drive through all day on trucks. Programs and Other Helpful Items! Cover Crop Cost Share Program: Cargill - Eddyville, PepsiCo, and Practical Farmers of Iowa have teamed up for Cover Crop Cost Sharing! If you sell corn directly in your name to the Eddyville facility, you qualify. See this link for more details and to get started or call the Eddyville office at 1-800-515-1105 and speak with Maree or Jenna for more details. https://practicalfarmers.org/programs/cover-crops/cover-crop-cost-share-programs/ New Cargill Ag and App. Make sure you favorite the Cargill plants you like to watch for the local bids – you can even enter your own contracts online! These locations will be towards the bottom of the main page. WEIGHT EXTENSIONS HAVE BEEN EXTENDED AGAIN, NOW THROUGH December 10TH Unloading Information • If you are blending corn, please let us know so we can direct you to the proper pit. • Please be careful in the plant as we will be working on putting in a new scale in between grading and the truck dumps. Buyer will not accept delivery of genetically enhanced commodities that have not been approved for use in all the following markets: United States, European Union, Japan, and China. ** 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.