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 12-20-24
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price
Quotes are delayed, as of December 21, 2024, 05:43:25 AM 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.

Protein Scales

HRW: + 10 cents each 1/2% above 11.5% to 13.0%; - 15 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
Cotton Comes Back to Close with Friday Gains
Cotton futures closed out Friday with contracts 11 to 18 points higher, as March cotton was down 121 points this week. The outside markets are positive factors on Friday, with the US dollar index back down 592 points and crude oil back up 13 cents/barrel. Cotton Ginnings data was updated...
Wheat Manages to Close Mixed on Friday
The wheat market went into the weekend on a mixed note, as the soft red contracts failed to push higher. Chicago SRW futures were steady to down 1 ½ cents across the board on the day, as March was down 19 ¼ cents this week. KC HRW contracts were fractionally...
Corn Rallies on Friday
Corn futures closed out the Friday session on a high note, as futures rallied o close out the week. Contracts were up anywhere from a penny to 5 ½ cents. March finished the week with a 4 ¼ cent gain. The national average Cash Corn price from cmdtyView was up...
Cattle Corrects Higher as CoF Data Comes in Neutral
Live cattle futures posted Friday gains of 62 cents to $1.85, as Feb was down $3.625 on the week. A few cattle have exchanged hands this week at $195-195.50 in the North, steady from last week, with light Southern action at $191. Feeder cattle futures were back up $1.07 to...
Hogs Rally on Friday with Fresh Hogs & Pigs Data Due Monday
Lean hog futures closed out the Friday session with contracts anywhere from 75 cents to $2.30 higher. Feb hogs managed to squeeze out a nickel gain this week. The national average base hog negotiated price was reported at $76.95 on Friday afternoon, down $2.50 from the day prior. The CME...
Soybeans Push Higher as Meal Rallies on Argentine Dryness Concerns
The soybean market took back most of the midweek losses on Thursday and Friday, with the latter session closing up 7 to 13 cents. January was still down 13 ¾ cents on the week. CmdtyView’s national front month Cash Bean price was up 11 1/4 cents at $9.24 ¾. Soymeal...

2025 Spring Canola Early Buy Program

WINFIELD CROPLAN

 

                 PAY BY DEC 15              IN SEASON

CP9978TF   $ 710/50# BAG          $ 779/50# BAG

CP9221TF   $ 720/50# BAG          $ 789/50# BAG

CP930RR    $ 645/50# BAG          $ 689/50# 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

 


Futures Table
Quotes are delayed, as of December 21, 2024, 05:43:25 AM CST or prior.

Local Daily Commentary

December 20, 2024:  Market Email    https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_12_20_24.pdf

 

 

Wheat futures are trading higher this morning, up 1 to 3 cents higher in the MARCH 2024 futures. The U.S. dollar is seeing a set-back after hitting recent highs and prices are seeing some support after the sell-off earlier this week. The wheat complex failed to join in on the rest of the grain futures bounce yesterday, heading to some fresh lows. The Corn to Chicago wheat spread has shrunk down to 88 cents in the MCH 2024 futures which makes it a little odd that wheat didn't follow corn and soybeans higher. South American weather remains favorable but there are some quality concerns for the Brazilian crop starting to show up. The European Union is projecting a much better crop next year than they recieved this year. Russia's wheat export quota for the second hald of 2024/25 has been lowered to 10.6 MMT (down from 11.0 MMT), according to government officials. The export quota is down 62% from 29.0 MMT last season. The measure was taken due to Russia's high inflation rate and their need to improve domestic supplies. This feels like it should be getting more attention by the markets which it probably will after the start of 2025.

 

Cash Futures Prices: Chicago MARCH is up 1 at 534. KC MARCH is up 3 at 546 and MPLS MARCH is up 3 at 590. US Dollar is trading 0.72 lower at 107.69.


Local Weather
Forecast

The CME Group Intercontinental Exchange