200 N 2nd Avenue, Revillo, SD 57259  605-623-4411
Saturday, February 27, 2021  
 
 
 
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


"If it doesn't matter who wins or loses, then why do they keep score?"

~ Vince Lombardi


Grain Comments
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: 24oF
Humid: 84% Dew Pt: 20oF
Barom: 28.56 Wind Dir: WNW
Cond: N/A Wind Spd: 3 mph
Sunrise: 7:06 Sunset: 6:11
As reported at Albee, SD at 6:00 AM
View complete Local Weather

5-day Forecast for Revillo, SD
Change Zip Code: 
Date Sat
2/27
Sun
2/28
Mon
3/1
Tue
3/2
Wed
3/3
Weather
Condition
Mostly Cloudy Snow Clear Clear Clear
Weather Mostly Cloudy Snow Clear Clear Clear
Temp
L/H (°F)
22/36 13/32 10/30 29/51 26/44
Feels
Like

L/H (°F)
11/30 -1/22 -3/22 19/51 20/44
Dew Point
(°F)
25 14 10 25 22
Humidity
(%)
80 67 62 55 54
Wind
Speed

(mph)
6 12 7 13 3
Precip
(%)
- 20 - - -
Precip
Amt
(in.)
None S: 1/4-1
L: 0.04
None None None
Evap
(in./day)
0.03 0.04 0.04 0.1 0.06
View complete Local Weather

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

DTN Top Stories

At $4.58 and $11.87 per bushel, the spring crop insurance guarantees provide farmers the best price protection since 2014 for corn and 2013 for soybeans. BInsurance Guarantees Highest in Years

This four-part DTN series explores the new labels for three dicamba herbicides: XtendiMax, Engenia and Tavium. BDicamba Rules Update - 1

A farmer-owned cooperative on Friday filed a brief with the Supreme Court in an upcoming case that could determine the fate of the small-refinery exemption program. 4^Co-op to SCOTUS: Closure Without SREs

The U.S. trade dispute with China has largely been focused on U.S. technology companies and intellectual property concerns. It's time U.S. agriculture addressed its own issues with China. BTodd's Take

The U.S. House Agriculture Committee on Thursday held a marathon online hearing looking at climate change with a focus on the viability of USDA using funds from the annual $30 billion provided to USDA under the Commodity Credit Corp (CCC). Much of the hearing looked at aspects of regenerative agriculture as well. BA Climate for a Carbon Bank


Insurance Guarantees Highest in Years
Friday, February 26, 2021 5:36PM CST
At $4.58 and $11.87 per bushel, the spring crop insurance guarantees provide farmers the best price protection since 2014 for corn and 2013 for soybeans.
Trade Barriers, Opportunities Discussed
Friday, February 26, 2021 5:35PM CST
The hearing for Katherine Tai, the president's nominee for U.S. Trade ambassador, hearing comes as trade deals and negotiations reached under the Trump administration have set the table for record agricultural exports in fiscal year 2021, which USDA forecasts at $157 billion.
Secretary Vilsack Lays Out Early Agenda
Friday, February 26, 2021 3:59PM CST
USDA will extend enrollment for the latest round of the Coronavirus Food Assistance Program for Additional Assistance, dubbed CFAP-AA. Signup will continue, though payments under the program remain frozen. Trade and filling vacancies at USDA agencies are also areas that will draw attention, newly sworn-in Agriculture Secretary Tom Vilsack said.
Attention Turns to CFAP Aid
Thursday, February 25, 2021 4:57PM CST
With Iowa's former governor returning as Agriculture secretary, the Iowa congressional delegation wants USDA to include custom cattle feeders in any new changes for the Coronavirus Food Assistance Program (CFAP). Some aid payments under the program that were approved last month by outgoing Secretary Sonny Perdue are still under review by the Biden administration.

Headline News
House to Vote on Virus Bill 02/26 06:14
US Strike in Syria Kills One 02/26 06:22
Biden to Visit Texas After Storms 02/26 06:08
Probe Into Texas Blackout Begins 02/26 06:17
Biden Weighs Dilemma With Afghan War 02/26 06:21
GA Prosecutor Urges Patience in Probe 02/26 06:13
Feds: Scheme Had $15M in Govt Contracts02/26 06:16
US Stocks Close Mostly Lower Friday 02/26 15:57


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 Feb    
  Chart Mar    
 Soybeans Chart Feb    
  Chart Mar    
 Sp. Wheat Chart Feb    
  Chart Mar    
 W. Wheat Chart Feb    
  Chart Mar    
 Oats Chart Feb    
  Chart Mar    
Price as of 02/27/21 07:10AM CST.
Click to view more Grain Bids

Futures
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 21 554'4 556'4 546'2 556'4 0'6 555'4s 02/26 Chart for @C1H Options for @C1H
May 21 548'6 549'0 540'0 549'0 -2'2 547'4s 02/26 Chart for @C1K Options for @C1K
Jul 21 538'6 538'6 529'2 536'4 -4'6 535'0s 02/26 Chart for @C1N Options for @C1N
Sep 21 491'6 491'6 483'6 490'2 -3'4 489'4s 02/26 Chart for @C1U Options for @C1U
Dec 21 472'0 472'4 465'2 471'0 -3'2 470'6s 02/26 Chart for @C1Z Options for @C1Z
Mar 22 479'2 479'6 473'0 478'6 -3'0 478'4s 02/26 Chart for @C2H Options for @C2H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 21 1404'0 1408'2 1380'0 1408'2 -0'6 1405'2s 02/26 Chart for @S1H Options for @S1H
May 21 1404'6 1408'0 1378'2 1407'6 -3'2 1404'2s 02/26 Chart for @S1K Options for @S1K
Jul 21 1394'2 1395'4 1367'6 1394'2 -5'6 1391'4s 02/26 Chart for @S1N Options for @S1N
Aug 21 1353'0 1354'4 1329'2 1350'6 -8'2 1348'2s 02/26 Chart for @S1Q Options for @S1Q
Sep 21 1273'2 1273'2 1251'0 1270'4 -9'0 1266'4s 02/26 Chart for @S1U Options for @S1U
Nov 21 1230'0 1230'0 1208'4 1225'6 -7'6 1223'0s 02/26 Chart for @S1X Options for @S1X
Jan 22 1222'2 1224'2 1204'2 1220'4 -7'2 1217'6s 02/26 Chart for @S2F Options for @S2F
Mar 22 1194'4 1195'2 1179'6 1192'0 -7'2 1189'6s 02/26 Chart for @S2H Options for @S2H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Mar 21 636'0 638'4 629'6 630'0 -10'4 631'0s 02/26 Chart for @MW1H Options for @MW1H
May 21 648'0 648'6 637'0 639'6 -11'6 638'6s 02/26 Chart for @MW1K Options for @MW1K
Jul 21 656'0 656'4 644'6 647'0 -11'6 646'6s 02/26 Chart for @MW1N Options for @MW1N
Sep 21 662'4 663'2 652'0 655'0 -11'6 653'6s 02/26 Chart for @MW1U Options for @MW1U
Dec 21 670'0 670'0 660'0 663'0 -11'2 661'6s 02/26 Chart for @MW1Z Options for @MW1Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Mar 21 637'0 637'0 627'0 627'4 -19'4 624'6s 02/26 Chart for @KW1H Options for @KW1H
May 21 649'6 650'4 632'4 633'6 -18'6 633'6s 02/26 Chart for @KW1K Options for @KW1K
Jul 21 654'0 654'0 636'4 637'0 -18'4 637'6s 02/26 Chart for @KW1N Options for @KW1N
Sep 21 657'2 658'0 640'4 640'4 -19'0 641'4s 02/26 Chart for @KW1U Options for @KW1U
Dec 21 661'4 661'4 647'0 647'0 -19'0 648'2s 02/26 Chart for @KW1Z Options for @KW1Z
@O - OATS - CBOT
Month Open High Low Last Change Close Time More
Mar 21 377'6 378'0 368'0 375'0 7'6 376'4s 02/26 Chart for @O1H Options for @O1H
May 21 363'4 365'2 359'4 365'2 3'2 364'6s 02/26 Chart for @O1K Options for @O1K
Jul 21 357'4 361'2 357'4 361'0 1'4 360'4s 02/26 Chart for @O1N Options for @O1N
My Custom Markets
Symbol Open High Low Last Change Close Time More

DTN Cash Bid Updates
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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 1863 dry farming, as type of commercial agriculture, began in Utah


Fact courtesy of the USDA


This Day In History
February 27, 1989
German war criminals Aus der Funten/Fischer, freed in Holland

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