200 N 2nd Avenue, Revillo, SD 57259  605-623-4411
Sunday, January 17, 2021  
 
 
 
Holiday

We Will Be
CLOSED
Monday, January 18th, 2021
For
Martin Luther King Jr. Day

(Grain Markets Are Closed)
Thank You!


NOTICE
The COVID - 19  Situation
Revillo Farmers Elevator has great concern for the Health and Wellbeing of Everyone and we ask that everyone cooperate in the recommendations of the CDC concerning the Coronavirus.
--- We ask that all business be done by phone and limit face-to-face contact.
--- If face-to-face contact is needed please adhere to the 6 foot distance suggested by the CDC and limit your time here.
--- Grain checks will be mailed upon request.

*** IN ADDITION we ask that if you have the following conditions, PLEASE do not enter our offices:
            Have flu like symptons or feeling sick. (Including Fever, Chills, Sore Throat or Cough)
            Have been exposed to coronavirus.
            Have traveled outside the country in the past two weeks.


Welcome

We hope this site provides you with usefull information.   
Our Business Hours 
7:30 AM - 5:00 PM  Mon. thru Fri. 
Closed Saturday and Sunday 

Thank You For Your Support! 


Quote of the Day


"You are not beaten until you admit it."

~ General George S. Patton, Jr.,  Army General, World War II


Grain Comments
USDA Crop Report        
January 12, 2021        
    January 1, 2021 Avg. Estimate Dec Report
         
US Ending Stocks   2020-21 (In Billion Bushels)  
Corn   1.552 1.597 1.702
Soybeans   0.140 0.135 0.175
Wheat   0.836 0.856 0.862
         
World Ending Stocks   2020-21 (In Million Metric Tons)
Corn   283.800 284.000 289.000
Soybeans   84.300 83.000 85.600
Wheat   313.200 315.300 316.500
         
US Production     (In Billion Bushels)  
Corn        
    Production   14.182 14.470 14.507
    Yield   172.0 175.3 175.8
    Harvested Acres   82.467 82.543 82.572
         
Soybeans        
    Production   4.136 4.152 4.125
    Yield   50.2 50.5 50.7
    Harvested Acres   82.318 82.305 82.259

These comments include information from other sources and while they are believed to be reliable, there is no guarantee as to their accuracy and completeness.  Therefore, Revillo Farmers Elevator does not guarantee its' accuracy or completeness.  And as always these comments are as of this date and are subject to change without notice.

Local Conditions
Revillo, SD
Chg Zip Code: 
Temp: 24oF Feels Like: 14oF
Humid: 85% Dew Pt: 20oF
Barom: 28.58 Wind Dir: WNW
Cond: N/A Wind Spd: 9 mph
Sunrise: 7:59 Sunset: 5:13
As reported at Albee, SD at 5:00 AM
View complete Local Weather

5-day Forecast for Revillo, SD
Change Zip Code: 
Date Sun
1/17
Mon
1/18
Tue
1/19
Wed
1/20
Thu
1/21
Weather
Condition
Mostly Cloudy Snow Showers Snow Showers Clear Partly Cloudy
Weather Mostly Cloudy Snow Showers Snow Showers Clear Partly Cloudy
Temp
L/H (°F)
24/31 16/23 15/29 26/41 17/33
Feels
Like

L/H (°F)
14/21 6/23 6/21 18/33 7/24
Dew Point
(°F)
23 16 16 25 17
Humidity
(%)
85 83 78 72 74
Wind
Speed

(mph)
11 7 7 13 11
Precip
(%)
- 73 80 - -
Precip
Amt
(in.)
None S: <1/4
L: 0.01
S: <1/4
L: 0.01
None None
Evap
(in./day)
0.02 0.01 0.02 0.04 0.03
View complete Local Weather

Local Radar
Revillo, SD
Chg Zip Code: 
 
Radar
View complete Local Weather

DTN Top Stories

The EPA on Friday introduced two proposals for public comment directed at E15 pump labels and requests to grant refiners general waivers from Renewable Fuel Standard obligations for 2019 and 2020. BEPA Seeks Comment on E15, RFS Waivers

Tuesday's new corn crop estimate of 14.182 billion bushels was the latest in a string of confusing surprises that keep coming from USDA. FTodd's Take

Managing stored grain properly can keep grain in good condition and prevent an infestation of pests. It is worthwhile to know the different types of insects that could damage stored grain and the options for marketing infested grain. BBeware Bin Pests

EPA has registered a new insecticide mode of action and BASF will offer it to small grains growers for wireworm control this year. BBetter Wireworm Control Ahead

Cotton prices have surged, but the bullish trend may not last long term as volatile influences remain. BVolatile 2021 Cotton Outlook


Todd's Take
Friday, January 15, 2021 3:12PM CST
Tuesday's new corn crop estimate of 14.182 billion bushels was the latest in a string of confusing surprises that keep coming from USDA.
Corn Price Pressures Ethanol Margins
Friday, January 15, 2021 3:03PM CST
Despite rising corn prices, higher ethanol prices have prevented margins from cratering.
Input Suppliers Face Lawsuit
Friday, January 15, 2021 3:00PM CST
A lawsuit brought by a farmer's widow alleges 14 major ag companies coordinated a boycott of online sales platforms such as Farmers Business Network and AgVend, a move it argues resulted in artificially high prices and amounts to a violation of antitrust laws. The companies say the suit is without merit.
Court Rejects EPA Review on Sulfoxaflor
Thursday, January 14, 2021 2:15PM CST
The U.S. Court of Appeals for the Ninth Circuit in San Francisco rejected EPA's request to conduct an Endangered Species Act review on the insecticide sulfoxaflor.

Headline News
McConnell: Vote of Conscience for Trump01/16 10:13
Biden State Dept. Has Obama Veterans 01/16 10:23
Donor Backlash Fuels GOP Alarm 01/16 10:08
Journalists Prep for Protests, Threats 01/16 10:19
Iran Holds Ballistic Missile Drill 01/16 10:22
China Builds Virus Hospital in 5 Days 01/16 10:11
Cohen Interviewed About Trump Finances 01/16 10:16
US Stocks Fall; Rally Runs Out of Gas 01/15 16:15


A Day In The Field


Grain Buying Policy

********* Trading Hours *********
Trade is Open 7:00 PM - 7:45 AM Sun Evening -  Friday Morning
Trade Resumes 8:30 AM - 1:15 PM Monday - Friday

Notice concerning the pricing or selling of grain.
We will purchase / price grain during the day up to 1:00 PM -- Except
during the 45 min. pause.
Scale Tickets marked "SELL" will be priced the following day when the grain futures resume trade, after 8:30 AM.
If you want cash grain "Priced" that is dumped during the day, please inform someone in the offce.

For pricing during after hours or during the day consider placing an open order.
T h a n k   Y o u !


Local Cash Bids
Revillo, SD Delivery Cash   Basis    
 Corn Chart Jan    
 Soybeans Chart Jan    
 Sp. Wheat Chart Jan    
 W. Wheat Chart Jan    
 Oats Chart Jan    
Price as of 01/17/21 05:39AM CST.
Click to view more Grain Bids

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 21 534'0 536'4 527'6 530'6 -2'6 531'4s 01/15 Chart for @C1H Options for @C1H
May 21 537'0 539'4 531'0 533'6 -3'0 534'6s 01/15 Chart for @C1K Options for @C1K
Jul 21 534'0 536'0 527'6 530'6 -2'6 532'0s 01/15 Chart for @C1N Options for @C1N
Sep 21 483'4 485'6 479'6 483'0 1'4 485'4s 01/15 Chart for @C1U Options for @C1U
Dec 21 457'2 461'2 456'0 458'6 2'2 460'0s 01/15 Chart for @C1Z Options for @C1Z
Mar 22 462'2 466'0 461'4 464'2 2'6 465'4s 01/15 Chart for @C2H Options for @C2H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 21 1432'2 1434'4 1413'4 1414'6 -13'6 1416'6s 01/15 Chart for @S1H Options for @S1H
May 21 1429'0 1431'6 1410'4 1412'4 -13'0 1414'6s 01/15 Chart for @S1K Options for @S1K
Jul 21 1415'0 1416'4 1396'0 1398'4 -12'2 1401'0s 01/15 Chart for @S1N Options for @S1N
Aug 21 1361'6 1363'4 1349'6 1352'2 -5'6 1354'2s 01/15 Chart for @S1Q Options for @S1Q
Sep 21 1259'0 1262'6 1249'4 1254'6 0'0 1256'6s 01/15 Chart for @S1U Options for @S1U
Nov 21 1196'4 1203'0 1190'2 1196'0 1'2 1197'6s 01/15 Chart for @S1X Options for @S1X
Jan 22 1189'6 1197'0 1184'6 1189'2 1'2 1191'6s 01/15 Chart for @S2F Options for @S2F
Mar 22 1155'6 1162'0 1149'0 1158'6 6'0 1160'2s 01/15 Chart for @S2H Options for @S2H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Mar 21 640'0 653'2 635'6 640'2 2'6 643'2s 01/15 Chart for @MW1H Options for @MW1H
May 21 647'6 661'0 643'6 649'0 3'0 651'6s 01/15 Chart for @MW1K Options for @MW1K
Jul 21 652'2 664'2 648'6 654'0 3'6 656'0s 01/15 Chart for @MW1N Options for @MW1N
Sep 21 654'6 668'0 651'6 656'2 4'0 659'0s 01/15 Chart for @MW1U Options for @MW1U
Dec 21 658'2 669'0 654'4 657'6 3'0 661'2s 01/15 Chart for @MW1Z Options for @MW1Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Mar 21 637'6 660'0 635'4 644'2 6'4 643'0s 01/15 Chart for @KW1H Options for @KW1H
May 21 640'6 663'0 638'6 647'0 6'0 646'0s 01/15 Chart for @KW1K Options for @KW1K
Jul 21 640'6 661'4 638'2 646'2 4'6 645'4s 01/15 Chart for @KW1N Options for @KW1N
Sep 21 644'6 662'2 641'2 649'2 4'2 648'4s 01/15 Chart for @KW1U Options for @KW1U
Dec 21 651'4 669'0 647'4 655'6 4'2 655'0s 01/15 Chart for @KW1Z Options for @KW1Z
@O - OATS - CBOT
Month Open High Low Last Change Close Time More
Mar 21 367'2 368'0 364'0 366'0 -1'6 366'0s 01/15 Chart for @O1H Options for @O1H
May 21 360'0 360'0 358'4 359'6 -1'2 359'4s 01/15 Chart for @O1K Options for @O1K
Jul 21 350'2 351'0 350'2 351'0 -0'4 352'2s 01/15 Chart for @O1N Options for @O1N
My Custom Markets
Symbol Open High Low Last Change Close Time More

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DTN National Cash Indices

Index Last Chg
Corn Cash Index $3.07 - 0.05
Soybean Cash Index $8.54 0.05
SRW Wheat Cash Index $5.03 - 0.12
HRW Wheat Cash Index $4.15 - 0.11
HRS Wheat Cash Index $4.71 - 0.01



Did You Know?

In 1934 the Taylor Grazing Act gave U.S. Department of the Interior power to regulate grazing on public lands in the West


Fact courtesy of the USDA


This Day In History
January 17, 1895
French president Casimir-Perier resigns

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