1/25/10

GTE NEWS/INFO: 

-The maximum allowable moisture that we will accept grain is 17.5%.

-Office hours are Monday through Friday 7:45-4:30 for corn deliveries and Monday through Friday 8:00-4:00 for Dried Distiller Grain Loadouts.

GTE Feed Bids*:

*Call for availability and to schedule a pickup.  See bottom of page for contact info.

Distillers Wet Grain (Wet-Cake):(Feed Available)

Contract (Oct-Apr) @ $29 / ton (one month minimum contract)

Spot Sales @ $32 / ton

Distillers Dry Grain (DDG):(Limited Availability)

Spot Sales @ $110 / ton - upon availability

Corn Solubles (Syrup):(Feed Available)

Currently available--call Travis at Ext. 19 for details.

Corn Bids:

Del. & (Fut. Month)       GTE public        member      St. Joseph     Bunge (Atch)

Jan (Mar)                     3.45(-.23)  3.50m       3.45                3.45

Feb (Mar)                    3.45(-.23)  3.50m

Mar (Mar)                   3.46(-.22)  3.51m

Apr (May)                    3.49(-.30)  3.54m

May (May)                  3.52(-.27)  3.57m

Jun (Jul)                       3.54(-.34)  3.59m

Grain Market Info:

March Corn:     3.676  +3

March corn traded sideways at higher levels over the course of the day session with a late burst of buying taking the March contract to a new high for the day prior to the close. Funds were substantial buyers in corn continuing the trend of active involvement by funds in the corn market in recent weeks. This included heavy net buying by index funds during the week ending January 19th and even heavier net selling by trend-following funds. Export inspections in corn were well below trade expectations again this week at just 20.7 million bushels. This was down from over 31 million bushels last week. Total inspections to-date stand at just 30.3% of the USDA's projected total for 2009/10 versus a 5-year average of 38.4%. Traders said that news was otherwise light today as was selling by farmers.

March Soybeans:     9.404  -11

The soybean complex was the weakest element of the "grain" complex today, with the March soybean contract trading lower mostly lower throughout the day session despite generally higher prices in wheat and corn over the course of the day. Traders said that the weakness stemmed in part from reports of continued good to excellent conditions in the Brazilian soybean crop, with fund selling also a factor on the day in the complex. This helped to push March soybeans to a significant new low prior to the close. Today's weakness came despite modest strength in equities and crude oil and choppy weakness in the dollar. This week's export inspections in soybeans were in line with trade expectations at 42.2 million bushels. Total inspections to-date stand at 64.3% of the USDA's export projection for 2009/10 versus a 5-year average of 52.5%. Basis levels at the Gulf were steady to firm for soybeans this morning on light farmer selling. Bids were also higher in the eastern interior.

Jeff Geib

Commodities Manager

Golden Triangle Energy LLC

660-683-5646  Ext. 15

660-683-5537  (Fax)