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

Market Email Sept 02, 2025:  https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_09_02_25.pdf

Wheat futures are trading lower this morning, down 6 to 9 cents in the D-E-C 2025 futures. Grain markets are weaker to start the morning as it failed to see any follow-through strength that we ended last week with. Broadly speaking, we have plenty of supply on the world balance sheets and a lack of demand. Australia is poised to bring in another big wheat harvest, with current projections at 33.8 MMT which would rank as the fourth-largest produciton total on record. Favorable conditions in other major wheat growing areas are adding additional wheat supply. There are some early frost concerns in some of the US corn and soybean regions that could hurt the crop, but not enough of a threat to move the needle so far.

Tariff and Trade talk: China's delegate left the US after meeting with White House trade team officials with both sides of the negotiations reporting that discussions were complex. It is starting to look like nothing is going to get done ahead of the current November deadline. The US and India are keeping open lines of communication to reach a deal, but no formal talks are currently taking place. The Federal Appeals court struck down Trump's global tariffs as being illegal. Trump has said he will appeal the ruling to the US Supreme Court, but in the meantime, it makes it difficult to negotiate trade deals without the certain threat of tariff retaliation.

Cash Futures Prices: Chicago D-E-C is down 8 at 525. KC D-E-C is down 9 at 510 and MPLS D-E-C is down 6 at 573. US Dollar is trading 0.52 higher at 98.29.

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.

 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