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 6-10-25 | ||||||
---|---|---|---|---|---|---|
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
- Hogs Close Tuesday Mixed
- Lean hog futures were mixed on Tuesday, with nearbys up 37 cents to $1 and August down 30 cents. USDA’s national average base hog negotiated price was reported at $105.84 on Tuesday afternoon, up $2.62 from the day prior. The CME Lean Hog Index was up 67 cents on June...
- Corn Recovers from Overnight Lows
- Corn futures were in a recovery mode of sorts on the Tuesday session, as contracts closed with gains of 2 to 5 cents across most months. Overnight lows reached the lowest price for the July contract since last fall. The front month CmdtyView national average Cash Corn price was up...
- Wheat Posts Another Round of Losses on Tuesday
- Wheat is trading with losses across most contracts on Tuesday. Chicago SRW futures were 7 to 9 cents lower across the front months on Tuesday. Kansas City HRW contracts were 10 to 11 cents in the red. Minneapolis spring wheat futures saw 8 to 10 cent losses. A Bloomberg survey...
- Cattle Rebound from Midday Pressure
- Live cattle futures were mixed on Tuesday, with June up 7 cents and other contracts down as much as $1.05. There were no deliveries issued against June cattle on Tuesday. Cash trade has yet to see much action this week, with some light $235 reported in the South. An ICE...
- Soybeans Sneak Out Slight Tuesday Gains
- Soybeans of their hat on Tuesday, with contracts closing fractionally to 2 cents higher on the day. The cmdtyView Cash Bean price was up 1 1/2 cents to $10.13. Soymeal futures were mixed with contracts up 40 cents to down $1.70/ton, as Soy Oil was 30 to 41 points higher....
- Cotton Falls on Tuesday
- Cotton futures posted Tuesday losses of 50 to 70 points across most contracts, with October slipping 120 points. Crude oil prices were down $0.59/barrel, with the US dollar index back up $0.119 to $99.025. Rains are expected to fall from the central part of Texas to over the Southeast in...
Local Weather
Effective July 1st, 2025
We know every dollar counts, especially in agriculture, and that's why I'm delighted to announce that the Board of Directors has approved a 10% reduction in wheat handling rates. This will bring the rate down from 15 cents to 13.5 cents per bushel, effective July 1st, 2025.
This decision was made with you, our valued members, at the forefront. We firmly believe that by reducing these rates, we can help put more money back into your pockets and support the vital work you do every day on your farms. This is about strengthening our co-op together, and ensuring we continue to provide the best possible value for your hard-earned dollar.
Additionally, we're pleased to report that our storage expansion project is ahead of schedule and under budget, and we're also wrapping up another strong fiscal year. Due to these positive developments, we anticipate sharing more exciting news to benefit our members soon!
To help us continue making smart decisions that enrich our members, we'd greatly appreciate it if you could please take a few moments to fill out our Acres for Storage Survey at this link. Your input is so helpful as we plan for the future.
Thank you for your continued loyalty and for being such an integral part of our co-op community. Your success is our success, and we're committed to doing everything we can to support you.
Sincerely,
Garrett Egland
General Manager
Futures Table
June 10, 2025 Morning Market Email:
Wheat futures are trading lower this morning, down 9 to 11 cents in the J-U-L-Y 2025 futures. Weekly crop conditions report yesterday were seen as mostly favorable to crop development and planting with the only real area of concern being the Montana region. Our local weather is potentially sucking some yield out with the early June heat but there is a cooler forecast over the next week. Sure could use some rain. Heavy rains are expected across the Southern Plains, with active rains through ligher amounts through the Delta, Tenessee River basis and Southeast. Drier weather is expected for the Central Plains across the lower Midwest, while the upper Midwest and Northern Plains will see rain chances throughout the week. There is a WASDE report coming out Thursday morning that is not expected to be a real market-mover but that potential is always there.
The U.S. and China finished day 2 of their meetings in London with an optimistic tone. Talks reportedly lasted seven hours monday and resumed Tuesday morning. Negotiations are centering on a potential deal that would see the U.S. ease certain tech export restrictions in exchange for Beijing lifting limits on rare earth shipments - critical components for US industries ranging from smartphones to military hardware.
The Russia - Ukraine conflict continues to escalate with Russia vowing retaliation over the drone and missile strikes deep inside Russia's border that included Russia's nuclear bombers and a key bridge connecting Russia to the Crimean penninsula. If Russia targets Ukraine's grain infrastructure it could disrupt wheat shipments out of the Black Sea region.
Cash Futures Prices: Chicago J-U-L-Y is down 9 at 533. KC J-U-L-Y is down 10 at 526 and MPLS J-U-L-Y is down 11 at 611. US Dollar is trading 0.14 higher at 99.08.