Eddyville

Facility Update

Eddy/Cedar Office Hours: Friday is a shortened trading day with the CBOT only open from 8:30am to 12:05pm. Our office will close at 1PM on Friday. Market Commentary By: Tom Manternach December corn closed 5.75¢ lower at $4.20 and January beans closed 7.25¢ lower at $11.84. Mostly a risk off day as traded was light and not much news out there to feed the bulls today. Look for us to stay range bound until we know more about how the crop in South America looks. Today I am thankful for my family and coworkers and producers we work with daily. I am truly blessed to work and with all the folks I do every day. Repeating While our rainfall totals continue to build locally, the South American forecast remains on the dry side. Any production hiccups around the world will be felt more so this year than any of the previous 5 as market gyrations in this shrinking carryout environment are typically much larger than in years of tremendous production. We’re also entering a time of lighter trade volume around the holiday, and that can generate the appearance of higher volatility when it’s just a very thinly traded market. You can expect a little of that through Friday. Wait times today: Nonexistent. The rain slowed corn loading this morning, but it should push through the area by midday tomorrow. 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 o