CHS Drayton: Morning Market Wire (11/13)

Corn traded lower overnight with the December contract trading a narrow two cent range.  Corn harvest was last reported at 76% complete and is expected to come in at 87% complete on today’s progress report.  The December contract seems rangebound between the 50 day and 100 day moving average of $3.68 and 3.72 respectively.  Look for slightly lower trade today on continued harvest activity.

Soybeans closed five cents higher this morning with the January contract closing just off the overnight high of $8.90.  The market traded higher overnight on anticipation of a slower harvest pace due to unfavorable harvest weather.  Last week’s soybean harvest was pegged at 83% complete, behind the five year average of 89%.  Look for mostly higher trade today.

Spring wheat closed a fraction lower this morning after trading a narrow two cent range. The market was down overnight on fund selling after yesterday’s rally.  The market found support yesterday on short covering and poor weather in Kansas.  Heavy snowfall across Kansas will likely delay the last of winter wheat planting.  Look for mixed trade today.

Compass contracts are a great way to market your new crop by pricing grain daily at a fixed higher futures price.  Below are today’s closing bids for two types of compass contracts we offer.  If you would like to make an offer or would like more information please give me a call at the office.  (All compass contracts have a 48 hour probation period.)

Price Builder Bonus Daily Price Plus Futures at 8:00am
SX19 (Nov) $9.98 $9.70 $9.38
CZ19 (Dec) $4.24 $4.12 $4.01
MWZ19 (Dec) $6.45 $6.24 $6.19

 

Below is the third compass contract we offer which pays you a premium for your old crop for potentially selling the same amount of new crop.  You only sell the new crop if the futures is equal to or greater than the target price on the trigger date.  There are many different premiums and target prices available. Please call for more info!

Old Crop Premium New Crop Target Trigger Date
0.18 6.30 MWZ19 11/20/2019
0.34 9.70 SX19 10/23/2019
0.17 4.00 CZ19 11/20/2019

 

 

Futures markets as of 8:30 AM
Minneapolis Wheat: MWEZ18 5.82 0.00
Kansas City HRW: KWEZ18 4.88 +0.01
Soybeans: SF19 8.88 +0.05
Corn: CZ18 3.68 -0.02

 

CHS Drayton Cash Prices
Spring Wheat: 5.37 -0.45 basis Nov Delivered Drayton
Winter Wheat: 4.08 -0.80 basis Nov Delivered Drayton
Corn: 3.08 -0.60 basis Nov Delivered Drayton
Soybeans: 7.38 -1.50 basis Nov Delivered Drayton

 

Spring Wheat Protein Scales

-.03 cents ea. 1/5 down from 14.0% to 13.0%

-.03 cents ea. 1/5 down from 13.0% to 12.0% (Max -0.40)

+.02 cents ea. 1/5 from 14.0% to 15.0%

Any information, materials and opinions (together, “CHS Materials”) presented by CHS to the recipient of such CHS Materials, whether in written or oral form, is for general information purposes only and does not constitute legal or other professional advice and should not be relied on or treated as a substitute for specific advice relevant to particular circumstances.  CHS makes no warranties, representations or undertakings, whether express or implied, about any CHS Materials (including, without limitation, any as to the quality, accuracy, completeness or fitness for any particular purpose of any CHS Materials). Recipient agrees that CHS shall not be liable to recipient relating to or resulting from the use of any CHS Materials or any inaccuracies or errors therein or omissions therefrom.

 

CHS Drayton: Morning Market Wire (11/9)

Corn traded lower overnight as the market tries to digest yesterday’s USDA report. The USDA dropped corn yield to 178.9bpa from 180.7bpa. Overall the U.S carryout dropped from 1.813 to 1.736 billion bushels. The USDA also took into account the recently revised China corn supplies number over the past 10 years. For that time frame, they had underestimated corn production each year. When the extra supply was added, it totaled almost 150mmt and nearly doubled our world carryout. Look for choppy trade as the market digest the new corn balance sheet.

Soybeans traded lower after yesterday’s report revealed we have an abundant supply of U.S soybeans. The USDA dropped U.S yield from 53.1bpa to 52.1bpa yesterday and also increased crush usage to 10 million bushels. Offsetting the drop in supply was a 160 million bushel cut in exports to 1.9 billion bushels. Overall the carryout increased 70mb to 955 million bushels. Look for lower trade today on ample U.S supplies.

Spring wheat closed two cents lower this morning, with the December contract trading a four cent range. All three wheat exchanges were lower on ample supplies after yet another USDA report where the U.S exports and EU production were left unchanged. The USDA increased wheat seeding usage overall 7mb to drop our carryout to 949 million bushels. Look for lower trade off the open on abundant supplies.

Compass contracts are a great way to market your new crop by pricing grain daily at a fixed higher futures price.  Below are today’s closing bids for two types of compass contracts we offer.  If you would like to make an offer or would like more information please give me a call at the office.  (All compass contracts have a 48 hour probation period.)

Price Builder Bonus Daily Price Plus Futures at 8:00am
SX19 (Nov) $9.90 $9.54 $9.28
CZ19 (Dec) $4.29 $4.12 $4.03
MWZ19 (Dec) $6.50 $6.31 $6.18

 

Below is the third compass contract we offer which pays you a premium for your old crop for potentially selling the same amount of new crop.  You only sell the new crop if the futures is equal to or greater than the target price on the trigger date.  There are many different premiums and target prices available. Please call for more info!

Old Crop Premium New Crop Target Trigger Date
0.17 6.35 MWZ19 11/20/2019
0.27 9.80 SX19 10/23/2019
0.16 4.05 CZ19 11/20/2019

 

 

Futures markets as of 8:30 AM
Minneapolis Wheat: MWEZ18 5.78 -0.01
Kansas City HRW: KWEZ18 4.91 -0.06
Soybeans: SF19 8.76 -0.02
Corn: CZ18 3.70 -0.03

 

CHS Drayton Cash Prices
Spring Wheat: 5.28 -0.50 basis Nov Delivered Drayton
Winter Wheat: 4.11 -0.80 basis Nov Delivered Drayton
Corn: 3.10 -0.60 basis Nov Delivered Drayton
Soybeans: 7.26 -1.50 basis Nov Delivered Drayton

 

Spring Wheat Protein Scales

-.03 cents ea. 1/5 down from 14.0% to 13.0%

-.03 cents ea. 1/5 down from 13.0% to 12.0% (Max -0.40)

+.02 cents ea. 1/5 from 14.0% to 15.0%

Any information, materials and opinions (together, “CHS Materials”) presented by CHS to the recipient of such CHS Materials, whether in written or oral form, is for general information purposes only and does not constitute legal or other professional advice and should not be relied on or treated as a substitute for specific advice relevant to particular circumstances.  CHS makes no warranties, representations or undertakings, whether express or implied, about any CHS Materials (including, without limitation, any as to the quality, accuracy, completeness or fitness for any particular purpose of any CHS Materials). Recipient agrees that CHS shall not be liable to recipient relating to or resulting from the use of any CHS Materials or any inaccuracies or errors therein or omissions therefrom.

 

A simple 4-question test for choosing a diesel engine oil

filling diesel engine oil jugs

By Erin Wroge, CHS market supervisor, Cenex brand lubricants

Choosing the right engine oil for your equipment can get complicated fast. Today’s diesel engine oils are more advanced than ever, and with all the options on the market today, it’s no wonder if your head is spinning. Viscosity control? Shear stability? TBN retention? It can almost feel like you need an advanced degree in mechanical engineering just to pick the right product for your equipment.

Not everyone is a lubricants expert, and they shouldn’t have to be. Still, choosing the right engine oil is a critical decision. The oil inside your heavy-duty equipment is a protective barrier against thousands of pounds of pressure and constant stress. Without the right premium lubricant, your equipment can wear itself down to the bone — incurring costly damage and downtime.

The good news is that picking an engine oil doesn’t have to be rocket science. Cenex® offers a full line of high-quality lubricants designed to meet a variety of heavy-duty applications. To determine which product is right for your operation, just ask yourself these four simple questions. (more…)

CHS Drayton: Morning Market Wire (11/8)

Corn closed slightly higher this morning on positioning ahead of today’s USDA Supply and Demand report at 11:00am. The market was stronger on thoughts of a lower yield in today’s report. The average estimate for the U.S corn yield in today’s report is 180bpa, down from October’s USDA estimate of 180.7bpa. Analysts are also estimated a reduction in U.S carryout. Look for choppy trade today on position squaring ahead of the report. (more…)

CHS Drayton: Morning Market Wire (11/06)

Corn closed a fraction lower this morning ahead of Thursday’s USDA Supply and Demand report.  The USDA is expected to slightly trim U.S corn yield and carryout.  The USDA pegged corn harvest at 76% complete, still behind the five year average of 77% complete.  The U.S will battle a wet weather again this week, next week appears to be cold and mostly dry.  Look for choppy to lower trade today as harvest begins to wrap up.

Soybeans saw mixed trade overnight as harvest continues to lag.  The crop progress report showed soybean harvest at 83% complete compared to the five year average of 89% complete at this point last year.  We have yet to see any real progress in the U.S/China trade war.  Look for mostly weaker trade today as we continue to deal with the last parts of harvest.

Spring wheat traded two sided overnight with the December contract closing unchanged this morning.  The wheat markets gained support overnight from a friendly crop progress report.  The USDA crop progress report showed winter wheat planting at 84% complete compared to the 5 year average of 90% complete.  The USDA also reported winter wheat conditions at 51% good/excellent, down from last week’s 53%.  Look for choppy trade today as we struggle with slow planting, but slower export demand.

Compass contracts are a great way to market your new crop by pricing grain daily at a fixed higher futures price.  Below are today’s closing bids for two types of compass contracts we offer.  If you would like to make an offer or would like more information please give me a call at the office.  (All compass contracts have a 48 hour probation period.)

Price Builder Bonus Daily Price Plus Futures at 8:00am
SX19 (Nov) $9.95 $9.60 $9.32
CZ19 (Dec) $4.25 $4.15 $4.03
MWZ19 (Dec) $6.46 $6.30 $6.22

 

Below is the third compass contract we offer which pays you a premium for your old crop for potentially selling the same amount of new crop.  You only sell the new crop if the futures is equal to or greater than the target price on the trigger date.  There are many different premiums and target prices available. Please call for more info!

Old Crop Premium New Crop Target Trigger Date
0.17 6.40 MWZ19 11/20/2019
0.30 9.60 SX19 10/23/2019
0.17 4.05 CZ19 11/20/2019

 

 

Futures markets as of 8:30 AM
Minneapolis Wheat: MWEZ18 5.81 0.00
Kansas City HRW: KWEZ18 5.05 +0.01
Soybeans: SF19 8.84 -0.01
Corn: CZ18 3.73 -0.01

 

CHS Drayton Cash Prices
Spring Wheat: 5.31 -0.50 basis Nov Delivered Drayton
Winter Wheat: 4.25 -0.80 basis Nov Delivered Drayton
Corn: 3.06 -0.67 basis Nov Delivered Drayton
Soybeans: 7.29 -1.55 basis Nov Delivered Drayton

 

Spring Wheat Protein Scales

-.03 cents ea. 1/5 down from 14.0% to 13.0%

-.03 cents ea. 1/5 down from 13.0% to 12.0% (Max -0.40)

+.02 cents ea. 1/5 from 14.0% to 15.0%

Any information, materials and opinions (together, “CHS Materials”) presented by CHS to the recipient of such CHS Materials, whether in written or oral form, is for general information purposes only and does not constitute legal or other professional advice and should not be relied on or treated as a substitute for specific advice relevant to particular circumstances.  CHS makes no warranties, representations or undertakings, whether express or implied, about any CHS Materials (including, without limitation, any as to the quality, accuracy, completeness or fitness for any particular purpose of any CHS Materials). Recipient agrees that CHS shall not be liable to recipient relating to or resulting from the use of any CHS Materials or any inaccuracies or errors therein or omissions therefrom.

 

CHS Drayton: Morning Market Wire (11/02)

 

Glasston elevator will be closed today Friday November 2nd

Market Summary

Corn traded higher on follow through buying from yesterday and gaining support from the soybean market.  December corn is testing upside resistance at the 100 day moving average of $3.68.  The U.S is expected to see some rain delays of harvest with the heaviest at the Eastern Corn Belt.  Look for slightly higher trade as the market seems to be trading at the top end of the recent range.

Soybeans traded higher overnight but sold off into the close.  Support came on optimism that the U.S and China will resolve the trade war sooner rather than later.  Bloomberg is reporting that Trump wants to reach an agreement with the Chinese President at the G20 summit and has asked for aides to begin to draft potential terms. After a key reversal lower two weeks ago, the market seems poised to make a key reversal to the upside this week if the strength can hold.

Spring wheat closed a fraction lower after trading most of the overnight session higher on spillover strength from soybeans.  After a very wet October in Kansas that slowed wheat seedings to a record slow pace for last week, current forecast call for more open window of opportunity over the next week.  Look for slightly higher trade today on short covering.

Compass contracts are a great way to market your new crop by pricing grain daily at a fixed higher futures price.  Below are today’s closing bids for two types of compass contracts we offer.  If you would like to make an offer or would like more information please give me a call at the office.  (All compass contracts have a 48 hour probation period.)

Price Builder Bonus Daily Price Plus Futures at 8:00am
SX19 (Nov) $9.90 $9.61 $9.31
CZ19 (Dec) $4.25 $4.11 $4.01
MWZ19 (Dec) $6.47 $6.30 $6.12

 

Below is the third compass contract we offer which pays you a premium for your old crop for potentially selling the same amount of new crop.  You only sell the new crop if the futures is equal to or greater than the target price on the trigger date.  There are many different premiums and target prices available. Please call for more info!

Old Crop Premium New Crop Target Trigger Date
0.18 6.35 MWZ19 11/20/2019
0.36 9.65 SX19 10/23/2019
0.18 4.00 CZ19 11/20/2019

 

 

Futures markets as of 8:30 AM
Minneapolis Wheat: MWEZ18 5.76 0.00
Kansas City HRW: KWEZ18 5.01 0.00
Soybeans: SF19 8.86 +0.04
Corn: CZ18 3.68 +0.01

 

CHS Drayton Cash Prices
Spring Wheat: 5.26 -0.50 basis Nov Delivered Drayton
Winter Wheat: 4.21 -0.80 basis Nov Delivered Drayton
Corn: 3.01 -0.67 basis Nov Delivered Drayton
Soybeans: 7.31 -1.55 basis Nov Delivered Drayton

 

Spring Wheat Protein Scales

-.03 cents ea. 1/5 down from 14.0% to 13.0%

-.03 cents ea. 1/5 down from 13.0% to 12.0% (Max -0.40)

+.02 cents ea. 1/5 from 14.0% to 15.0%

Any information, materials and opinions (together, “CHS Materials”) presented by CHS to the recipient of such CHS Materials, whether in written or oral form, is for general information purposes only and does not constitute legal or other professional advice and should not be relied on or treated as a substitute for specific advice relevant to particular circumstances.  CHS makes no warranties, representations or undertakings, whether express or implied, about any CHS Materials (including, without limitation, any as to the quality, accuracy, completeness or fitness for any particular purpose of any CHS Materials). Recipient agrees that CHS shall not be liable to recipient relating to or resulting from the use of any CHS Materials or any inaccuracies or errors therein or omissions therefrom.

 

CHS Drayton: Morning Market Wire (10/30)

Corn prices continue to fall as improved weather conditions push harvest along.  December corn has closed lower seven out of the last ten trading sessions, losing 8 ½ cents since October 16th. Yesterday’s crop progress report showed harvest at 63% complete, up 14% from last week but in line with the five year average.  Look for lower trade today on continued harvest activity.

Soybeans closed a penny higher this morning with the November contract trading a relatively narrow seven cent range.  The crop progress report pegged harvest at 72% complete, up 19% from last week but still behind the five year average of 81%.  Weather conditions should allow for increased harvest activity this week. Look for mixed trade today as the market will be watching Brazil’s president elect for signs of any trade changes with China.

Spring wheat closed a fraction higher this morning after light, mixed trade overnight.  The USDA showed winter wheat planting at 78% complete with rating of 53% good/excellent.  World demand for wheat remains relatively poor with many hoping that Russia will eventually slow exports. Look for slightly higher trade today as the U.S winter wheat planting pace remains slow.

Compass contracts are a great way to market your new crop by pricing grain daily at a fixed higher futures price.  Below are today’s closing bids for two types of compass contracts we offer.  If you would like to make an offer or would like more information please give me a call at the office.  (All compass contracts have a 48 hour probation period.)

Price Builder Bonus Daily Price Plus Futures at 8:00am
SK19 (May) $9.05 $8.95 $8.81
CK19 (May) $4.00 $3.95 $3.87
MWK19 (May) $6.11 $6.05 $5.94

 

Below is the third compass contract we offer which pays you a premium for your old crop for potentially selling the same amount of new crop.  You only sell the new crop if the futures is equal to or greater than the target price on the trigger date.  There are many different premiums and target prices available. Please call for more info!

Old Crop Premium New Crop Target Trigger Date
0.18 6.40 MWZ19 11/20/2019
0.25 9.55 SX19 10/23/2019
0.12 4.10 CZ19 11/20/2019

 

 

Futures markets as of 8:30 AM
Minneapolis Wheat: MWEZ18 5.77 0.00
Kansas City HRW: KWEZ18 5.01 -0.01
Soybeans: SX18 8.40 +0.01
Corn: CZ18 3.66 0.00

 

CHS Drayton Cash Prices
Spring Wheat: 5.27 -0.50 basis Oct Delivered Drayton
Winter Wheat: 4.21 -0.80 basis Oct Delivered Drayton
Corn: 2.99 -0.67 basis Oct Delivered Drayton
Soybeans: 6.80 -1.60 basis Oct Delivered Drayton

 

Spring Wheat Protein Scales

-.03 cents ea. 1/5 down from 14.0% to 13.0%

-.03 cents ea. 1/5 down from 13.0% to 12.0% (Max -0.40)

+.02 cents ea. 1/5 from 14.0% to 15.0%

Any information, materials and opinions (together, “CHS Materials”) presented by CHS to the recipient of such CHS Materials, whether in written or oral form, is for general information purposes only and does not constitute legal or other professional advice and should not be relied on or treated as a substitute for specific advice relevant to particular circumstances.  CHS makes no warranties, representations or undertakings, whether express or implied, about any CHS Materials (including, without limitation, any as to the quality, accuracy, completeness or fitness for any particular purpose of any CHS Materials). Recipient agrees that CHS shall not be liable to recipient relating to or resulting from the use of any CHS Materials or any inaccuracies or errors therein or omissions therefrom.

 

CHS Drayton: Morning Market Wire (10/23)

Corn closed unchanged this morning after trading a narrow two cent range overnight.  The December contract is staying close to the 100 day moving average of $3.70 with technical support at $3.65.  Yesterday’s crop progress report showed corn conditions unchanged from last week at 68% good/excellent.  Progress was reported at 49% complete, slightly behind the estimate of 51%.  Look for slightly higher trade today as overall demand remains strong.

Soybeans closed down four cents this morning, trading lower the entire overnight session.  Pressure came overnight as U.S harvest has seen major progress made over the last week.  The USDA pegged harvest at 53% complete, ahead of estimates but well behind the five year average of 69%.  Look for mostly lower trade today as slow exports remain the focus until we get a better idea of crop quality.

Spring wheat traded higher overnight with the December contract trading a narrow two cent range.  The market continues to bounce around its recent trading range.  Since October 3rd the December contract has traded a tight 18 cent range.  For the most part, news remains routine as the bulls wait for Russia to limit exports.  Look for slightly lower trade today as weather conditions look favorable for winter wheat planting this week.

Compass contracts are a great way to market your new crop by pricing grain daily at a fixed higher futures price.  Below are today’s closing bids for two types of compass contracts we offer.  If you would like to make an offer or would like more information please give me a call at the office.  (All compass contracts have a 48 hour probation period.)

Price Builder Bonus Daily Price Plus Futures at 8:00am
SK19 (May) $9.41 $9.10 $8.95
CK19 (May) $4.04 $3.95 $3.89
MWK19 (May) $6.21 $6.10 $6.02

 

Below is the third compass contract we offer which pays you a premium for your old crop for potentially selling the same amount of new crop.  You only sell the new crop if the futures is equal to or greater than the target price on the trigger date.  There are many different premiums and target prices available. Please call for more info!

Old Crop Premium New Crop Target Trigger Date
0.22 6.40 MWZ19 11/20/2019
0.25 9.65 SX19 10/23/2019
0.14 4.10 CZ19 11/20/2019

 

 

Futures markets as of 8:30 AM
Minneapolis Wheat: MWEZ18 5.86 0.00
Kansas City HRW: KWEZ18 5.04 -0.03
Soybeans: SX18 8.54 -0.04
Corn: CZ18 3.69 0.00

 

CHS Drayton Cash Prices
Spring Wheat: 5.23 -0.63 basis Oct Delivered Drayton
Winter Wheat: 4.24 -0.80 basis Oct Delivered Drayton
Corn: 3.02 -0.67 basis Oct Delivered Drayton
Soybeans: 6.94 -1.60 basis Oct Delivered Drayton

 

Spring Wheat Protein Scales

-.03 cents ea. 1/5 down from 14.0% to 13.0%

-.03 cents ea. 1/5 down from 13.0% to 12.0% (Max -0.40)

+.02 cents ea. 1/5 from 14.0% to 15.0%

Any information, materials and opinions (together, “CHS Materials”) presented by CHS to the recipient of such CHS Materials, whether in written or oral form, is for general information purposes only and does not constitute legal or other professional advice and should not be relied on or treated as a substitute for specific advice relevant to particular circumstances.  CHS makes no warranties, representations or undertakings, whether express or implied, about any CHS Materials (including, without limitation, any as to the quality, accuracy, completeness or fitness for any particular purpose of any CHS Materials). Recipient agrees that CHS shall not be liable to recipient relating to or resulting from the use of any CHS Materials or any inaccuracies or errors therein or omissions therefrom.

 

CHS Drayton: Morning Market Wire (10/22)

Corn traded slightly higher overnight on light technical trading.  The December contract has seemed to find support at the 50 day moving average of $3.65.  Funds have moved from net short 112k on Sept 25th to a net long of 20k on Oct. 16th.  It was a clear weekend for harvest, and the 7 day forecasts is mostly dry as well, with only short delays expected in Iowa and N Illinois.  Today’s progress report is expected to show corn harvest at 50% complete.

Soybeans saw light two sided trade overnight despite a relatively heavy harvest weekend in the western corn belt.  The November contract has found support at the 50 day moving average of $8.55.  Brazil is now reported at 34% planted, ahead of the five year average of 18%.  Look for mostly lower trade today as trade news remains mostly quiet and soybean exports fall farther behind.

Spring wheat closed a fraction lower this morning led by weakness in Kansas City and Chicago markets.  With drier weather, Alberta reports spring wheat harvest at 60% complete.  Russian wheat exports totaled 4.46mmt in September, above estimates of 4.0mmt.  Look for mixed to lower trade today as the market awaits buyers to show up, or at least a headline about Russian export restrictions.

Compass contracts are a great way to market your new crop by pricing grain daily at a fixed higher futures price.  Below are today’s closing bids for two types of compass contracts we offer.  If you would like to make an offer or would like more information please give me a call at the office.  (All compass contracts have a 48 hour probation period.)

Price Builder Bonus Daily Price Plus Futures at 8:00am
SK19 (May) $9.46 $9.15 $8.98
CK19 (May) $4.04 $3.95 $3.87
MWK19 (May) $6.30 $6.15 $6.08

 

Below is the third compass contract we offer which pays you a premium for your old crop for potentially selling the same amount of new crop.  You only sell the new crop if the futures is equal to or greater than the target price on the trigger date.  There are many different premiums and target prices available. Please call for more info!

Old Crop Premium New Crop Target Trigger Date
0.22 6.45 MWZ19 11/20/2019
0.26 9.70 SX19 10/23/2019
0.13 4.10 CZ19 11/20/2019

 

 

Futures markets as of 8:30 AM
Minneapolis Wheat: MWEZ18 5.88 0.00
Kansas City HRW: KWEZ18 5.12 -0.03
Soybeans: SX18 8.58 +0.01
Corn: CZ18 3.68 +0.01

 

CHS Drayton Cash Prices
Spring Wheat: 5.22 -0.63 basis Oct Delivered Drayton
Winter Wheat: 4.34 -0.80 basis Oct Delivered Drayton
Corn: 3.03 -0.67 basis Oct Delivered Drayton
Soybeans: 7.04 -1.60 basis Oct Delivered Drayton

 

Spring Wheat Protein Scales

-.03 cents ea. 1/5 down from 14.0% to 13.0%

-.03 cents ea. 1/5 down from 13.0% to 12.0% (Max -0.40)

+.02 cents ea. 1/5 from 14.0% to 15.0%

Any information, materials and opinions (together, “CHS Materials”) presented by CHS to the recipient of such CHS Materials, whether in written or oral form, is for general information purposes only and does not constitute legal or other professional advice and should not be relied on or treated as a substitute for specific advice relevant to particular circumstances.  CHS makes no warranties, representations or undertakings, whether express or implied, about any CHS Materials (including, without limitation, any as to the quality, accuracy, completeness or fitness for any particular purpose of any CHS Materials). Recipient agrees that CHS shall not be liable to recipient relating to or resulting from the use of any CHS Materials or any inaccuracies or errors therein or omissions therefrom.

 

© 2018 CHS Inc.