Office Hours

The offices and shop at DFE are staffed M-F 7 AM - 4PM, but remain closed to the public.  Please text or call as needed.  

Our number one priority has been and will always be the needs of our patrons.  Thank you for your cooperation and understanding in these unprecedented times.  DFE is working to do everything possible so as not to disrupt normal business activities.

If you have a need to deliver grain to the elevator, please call the office ahead of time so that we can plan accordingly.  We ask that anyone delivering grain remain in the cab of his/her delivery vehicle.  Please direct grain communication of all kind to Joe Daniels at:  (309) 963-4305; (309) 310-3319 (cell - call or text);

Be well!

Been Thinking...

"Agriculture is our wisest pursuit, because it will in the end contribute most to real wealth, good morals, and happiness."

Thomas Jefferson

DFE Cash Bids
Notes Delivery Start Delivery End Cash Price Price Change Basis

Quotes are delayed, as of January 20, 2021, 07:50:15 PM CST or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Jan 12 USDA WASDE Report

Outside Markets
Quotes are delayed, as of January 20, 2021, 07:50:15 PM CST or prior.
Wednesday Morning Comments

8:00 AM Market Direction:  Corn down 11; Beans down 32.

Grains and oilseeds continue Tuesday’s slide into Wednesday with corn and soybeans down sharply. Volume was firm.

T-storm Weather®: In Argentina, dry & hot weather dominate over the next 5-7 days. Scattered thunderstorms follow as a few waves of energy and/or cool fronts pass next week, most likely producing 1.00" to 2.00" within a wide area leading into February. In Brazil, upper-level high pressure limits rainfall across the northeast quarter of soybeans over the next week, while rain gradually diminishes across Mato Grosso, and occasional thunderstorms form along the remnant of a cool front in southern areas.

Taiwan’s MFIG bought 65 kmt U.S. corn overnight. Otherwise, overnight tender news was limited.

BEIJING, Jan 20 (Reuters) - China's soybean imports from the United States in 2020 rose by 52.8% from a year earlier, customs data showed on Wednesday, though the stepped up buying likely fell short of what was needed to fulfil last year's trade deal between the countries. The world's top soybean buyer last year brought in 25.89 million tonnes of the oilseed from the U.S., its second-largest supplier, up from 16.94 million tonnes in 2019. Chinese buyers stepped up U.S. farm pro-duce purchases to meet China's pledge to buy $36.5 million in farm goods in 2020 under the Phase 1 trade deal signed with Washington last January. Soybean purchases were expected to make up half of the monetary target and estimates showed China needed to import about 40 million tonnes to make good on the deal. Besides the push to meet the trade deal, soy-bean imports also rose as China rapidly replenished its pig herd after it was decimated by the deadly African swine fever during the last two years. Chinese crushers mostly buy soybeans to crush into soymeal to feed livestock, mainly pigs, and soyoil.

The EPA yesterday granted 3 SRE waivers, a smaller quantity than feared by the ethanol industry from the outgoing administration.

The flat price question of the day is if we’ve reached the peak or if the last 2 days trade is just a “correction”. The large managed money length is a scary dynamic to the bulls, while tight world balance sheets remain.

Look for a choppy day, likely to stay weaker.

Ags lower on soybean correction.

Trump's departure not televised; Biden Inauguration today.

Covid-19 still dominating headlines.


2020 Crop Insurance Prices

Corn - $3.88 Spring    

Beans - $9.17 Spring    


Managed Money Activity

Grain Acceptance Policy

Danvers Farmers Elevator will not accept grain containing transgenic events that are not approved for U.S. Export Markets including, but not limited to, Canada, China, South Korea, The European Union, Japan and Mexico.


CME Futures Markets
Quotes are delayed, as of January 20, 2021, 07:50:15 PM CST or prior.
Information gathered for this website is thought to be from reliable sources, but cannot be guaranteed as to its accuracy or completeness by DFE.

The CME Group Intercontinental Exchange