Just Announced! Updated Corn Delayed Price Program as of October 28 5 cents a month through Jan 31, 2015 4 cents a month starting Feb 1, 2015 2 cents a month starting June 1, 2015 Check out DP Programs page for further details
Concord Grain Truck Receiving Hours Monday-Friday 8am-9pm Hours subject to weather & harvest activity Call 605-725-FARM(3276) for updates or for current cash bids or questions on our programs.
Please take the extra time and safety precautions during this upcoming fall harvest season. Work safe...your family and friends count on you.
Syngenta Agrisure® Viptera™ and Duracade™ Communication
Since November, China’s authorities have rejected more than 600,000 tonnes of U.S. corn and corn products containing the unauthorized Syngenta corn trait, Agrisure® Viptera™. The trait, known as MIR 162, has been awaiting China’s approval for more than 2 years. This spring, Syngenta has released Agrisure® Duracade™ another trait that has yet to be approved by most world grain importers. The Agrisure® Stewardship Agreements for Viptera™ and Duracade™ Hybrids require that growers channel grain that is produced from these traits to appropriate markets to prevent movement to a destination that has not yet granted regulatory approval for import. Both hybrids are available to local grain producers for the 2014 growing season.
While Concord Grain sees agricultural technologies, including genetically modified products, as important ways to address the increasing demand for food, feed, and fuel we must also operate our business in a manner that respects the requirements of our industry partners and end use customers. The primary markets that Concord Grain services with either whole grain or from by-product (DDG’s) has the potential to reach countries that have not yet approved the Viptera™ or Duracade™ traits. This exposure will not allow Concord Grain to accept grain production from the Syngenta Agrisure® Viptera™ or Duracade™ hybrids.
If you are planting or plan to plant either of these hybrids, please contact us and we will work with you to try to find a market that meets the content of your Stewardship Agreement with Syngenta. We will continue to communicate any updates to you regarding this topic.
Please note recent South Dakota PUC requirements below regarding Delayed Price contracts that are also referred to as Credit Sale Contract
South Dakota PUC Ruling Requirements
Due to court rulings that are dated back to April 2013, regarding Voluntary Credit Sales (a.k.a. Delayed Price Contracts or DP Contracts), the South Dakota Public Utilities Commission - Warehouse Division has notified Concord Grain, LLC that we are required to have signed Delayed Price contracts returned to us within 30 days of the first last consecutive day during the delivery period of your grain.
*If Concord Grain does not have a signed delayed price contract in our possession 30 days after the last first day of consecutive delivery, the grain will be priced out at the day's close and a check will be mailed to the customer
We haven't seen many limit up or limit down moves in the grain markets lately, even after USDA reports. The record corn and soybean harvests are a supply factor that's hard to outweigh. And as prices have fallen, so shall the daily futures price limit.
Friday will bring rain to several areas. Southern Texas and the interior Pacific Northwest will see some, and areas of the eastern Midwest will see some rain and possibly snow. » More DTN Weather Commentary