Grain Bids
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 04-24-24            
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price
Quotes are delayed, as of April 24, 2024, 06:21:43 PM CDT 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.

Protein Scales

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


Commentary
Soybeans Falter to Weakness on Wednesday
Soybeans faded the earlier morning strength, as contracts were mixed but well off the highs. Futures closed with contracts anywhere from down 1 ½ to up a penny. Soymeal posted some strength on the day, with contracts 80 cents to $3.70/ton higher. Soy Oil was back down to close with...
Hogs Close Mostly Lower, USDA Shows Slight Build to Pork Stocks
Lean hogs closed the midweek session with contracts a dime to $1.22 lower, as August was the lone exception, up a nickel. USDA’s National Average Base Hog negotiated price was down 36 cents on Wednesday afternoon, at $91.49. The CME Lean Hog Index was up 14 cents on April 22...
Cotton Posts Midweek Losses
Cotton futures were down anywhere from 39 to 187 points on Wednesday. The outside market influences put pressure on the market, with crude oil down 54 cents/barrel and the UD dollar index up 160 points. Export Sales data will be released on Thursday morning. ICE certified cotton stocks were up...
Cattle Back to Retreat Mode on H5N1 Virus News
Live cattle ended the day with weakness, as contracts were down $1.20 to $2.12 on Wednesday. This morning’s Fed Cattle Exchange auction saw no sales on the 894 head listed, with bids of $181 and asks of $184. A few cash sales in the South popped up today at $182,...
Wheat Extending Bull Run
The wheat complex is continuing to lead the grains bull charge this week. Kansas City futures were up 10 ¾ to 16 ¾ cents on the session. Chicago contracts were up 9 ½ to 12 cents at the close. Spring wheat futures were 9 ¼ to 13 ¼ cents higher...
Corn Closes Red Following Drop to Ethanol Production
Corn futures extended the front month losses into the close, as contracts through Dec were down 2 to 5 ¼ cents. For 2025 contracts and beyond, trade closed with contracts with in 1 ¾ cents on either side of unchanged. EIA’s weekly petroleum report tallied ethanol production at 954,000 barrels...

Futures Table
Quotes are delayed, as of April 24, 2024, 06:21:43 PM CDT or prior.

Local Daily Commentary

04/24/24

Late start with a server issue this morning so, briefly:

 

Wheat futures are trading higher this morning, up 9 to 15 cents in the JULY 2024 futures. Markets were taking a pause at the early part of this monring's session but have gathered some strength as the morning progressed. Seems to be weather issues moving the markets combined with the short positions on the speculators' books having them trim up their exposure to the upside. The recent decline in the US HRW belt (offset partially by improvement to the SRW crop) is putting some weather premium into the prices as well as continued dryness in much of the Russia / Ukraine wheat regions. This could change with some timely rains but we'll have to see. 

 

Cash Futures Prices: Chicago JULY is up 12 at 615. KC JULY is up 16 at 630 and MPLS JULY is up 11 at 683. US Dollar is trading 0.23 higher at 105.90.

 

 


2024 Spring Canola Program

WINFIELD CROPLAN

                  IN SEASON

CP9978TF   $ 789/50# BAG

CP9221TF   $ 799/50# BAG

CP930RR     $ 699/50# BAG

 

TREATED WITH HELIX VIBRANCE PLUS LUMIDERM

(VARIETIES ARE SUBJECT TO AVAILABILITY)

 

  TF* TRUE FLEX VARIETIES—44oz RATE OF GLYPHOSATE

  RR* ROUNDUP READY VARIETIES—22oz RATE OF GLYPHOSATE

 

MARKETING REBATE ON SEED—Growers who purchase their Canola seed from UCA and deliver any portion of their crop to UCA will receive a $ 0.25/cwt marketing premium when they sell their crop.

To place seed orders, please contact BEN ANDRUS 


Local Weather
Forecast

The CME Group Intercontinental Exchange