| SWW | ||||||
|---|---|---|---|---|---|---|
| Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
| Club Wheat Max 10.5% | ||||||
|---|---|---|---|---|---|---|
| Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
| HRW 11.5% | ||||||
|---|---|---|---|---|---|---|
| Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
| DNS 14.0% | ||||||
|---|---|---|---|---|---|---|
| Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
| Barley (Coast) | ||||||
|---|---|---|---|---|---|---|
| Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
| CANOLA FOB UTOWN 10-10-24 | ||||||
|---|---|---|---|---|---|---|
| Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
HRW: + 5 cents each 1/2% above 11.5% to 13.0%; - 10 cents each 1/2% below 11.5%
DNS: + 3 cents each 1/4% above 14.0% to 15.5%; - 7 cents each 1/4% below 14.0%
SWW: + 0 cents each 1/10% below 10.5%; - 0 cents each 1/10% from 10.5% to 12.0%. Max = -$0.00
** CLUB WHEAT MAX 10.5% PROTEIN ONLY **
Premiums and Discounts are Subject to Change...Please Call to Confirm
- Soybeans Extend Losses into Tuesday, as Jan Fights to Hold $10
- Soybeans closed out the Tuesday session with contracts down 5 to 9 cents across most months. CmdtyView’s national front month Cash Bean price was down 4 1/4 cents at $9.30 1/2. Soymeal futures were down $3.20 to $4/ton on the day. Soy Oil contracts were steady to 55 points higher...
- Cattle Trade Posts Tuesday Losses
- Live cattle futures ended the Tuesday session with contracts down $1.30 to $1.55. There were another 10 deliveries to the West Point, NE location on Tuesday, to take the total for the month to 20. Cash sales were reported in the north at $187-188 last week, even to $1 higher...
- Hogs Weaker on Tuesday
- Lean hog futures closed the Tuesday session with contracts down 40 to 60 cents in the front months. The national average base hog price was reported a $76.80 on Tuesday afternoon, up $2.33 from the day prior. The CME Lean Hog Index was reported at $84.16 on October 11, down...
- Corn Weakness Continues on Tuesday
- Corn futures ended the Tuesday trading session with contracts down 6 to 7 ¼ cents across most months. The national average Cash Corn price from cmdtyView was down 6 3/4 cents at $3.69 3/4 per bu. The average close for December corn futures, which indicates the fall crop insurance price,...
- Wheat Slide Continues into Tuesday
- The wheat complex posted another round of losses across the three exchanges on Tuesday. Chicago SRW futures were down 5 to 7 cents on the day. KC HRW contracts were 7 to 8 cents lower. MPLS spring wheat fell another 9 to 11 cents. A private export sale of 120,000...
- Cotton Posts Weaker Action on Tuesday
- Cotton futures closed Tuesday with losses of 40 to 44 points. The outside markets were mixed with the crude oil a pressure factor, down $2.92/barrel and the US dollar index 40 points lower. This afternoon’s Crop Progress report from NASS indicated a total of 88% of the US cotton crop...
Octover 15, 2024 Markets https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_10_15_24.pdf
Wheat futures are trading lower this morning, down 6 to 8 cents in the DEC 2024 futures. Wheat futures are leaning lower this morning but have recovered above the session lows. Traders are focused on improved weather in the US and Black Sea, so with rains in the forecasts we are seeing a trend lower. There is some talk that the new pricing floor for Russian wheat gives some hope that the US may pick up some business or at least increase the overall pricing of wheat. There were reports, however, of some Russian FOB prices in the low $230/MT range versus the suggested minimum price of $250 which is providing a bearish influence but the increased Russian attacks on Ukrainian ports and ships we are seeing the war premium still providing some support. Better weather in most of the driest production areas in the world are still keeping a lid on any rallies but the last 6 or so weeks of speculative traders closing out most of their short positions has us set for a good rally if we can get demand to heat back up. Friday's WASDE report was very neutral in terms of its effect on the markets. The market was expecting slight changes and that is EXACTLY what the USDA delivered. The report did, however, provide a little bit of a bearish tone with its increases on the World balance sheet. For world wheat, the USDA did show a 1 MMT cut to the EU and Russian production, with Ukraine up 0.6 MMT. However, a larger carryover, with 2.36 MMT lower use and smaller exports, helped to raise the world carryout for 2024/25 by 0.5 MMT to 257.72 MMT.
Cash Futures Prices: Chicago DEC is down 6 at 579 KC DEC is down 7 at 583 and MPLS DEC is down 8 at 618. US Dollar is trading 0.06 lower at 103.24.
