| 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 4-25-25 | ||||||
|---|---|---|---|---|---|---|
| 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: + 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
- Soybeans Slip Lower into the Weekend
- Soybeans slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.03 ¾. Soymeal futures were up $1.30/ton, to slip $5.60 on the...
- Cattle Hold onto Gains Heading into the Weekend
- Live cattle futures saw contracts close steady to 75 cents higher on Friday, with June up $4.175 this week. Cash trade was delayed until Friday, with the South coming in at $212-213, up $2-3 from last week. Northern trade was up to $218, $4-5 higher on the week. Feeder cattle...
- Corn Close on a Mixed Note
- The corn market closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. The nearby CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.52 3/4. USDA reported a...
- Wheat Closes Friday with Mixed Action
- The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red this week. Kansas City HRW contracts were able to sneak out fractional gains in...
- Cotton Pull Back on Friday
- Cotton futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index up $0.202 to $99.370 Weekly CFTC data showed spec funds trimming...
- Hogs Rally on Friday
- Lean hog futures closed the Friday session with contracts up 85 cents to $1.25. June was up $3.125 on the week to close over $100. USDA’s national average base hog negotiated price was back up 8 cents from the day prior at $91.39 in the Friday PM report. The CME...
Local Weather
Futures Table
April 25, 2025 Market Email: https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_04_25_25.pdf
Wheat futures are trading mixed this morning, down 1 to up 1/2 cents in the MAY 2025 futures. Kansas City HRW Futures set a new low during yesterday's trading but closed well above it and the momentum carried into the overnight session. Reports that China was looking to exempt some of the key US imports from its 125% tariff was encouraging and gave the markets a little bit of a boost in the overnight session. President Trump told reporters yesterday the US has met with China after China's spokesperson for the Ministry of Commerce said early yesterday China had not talked to the US on trade yet. Word out of the white house is that is has been a busy week with back-to-back meetings with foreign ministers and finance officials from virtually every country and that they will announce trade deals "over the next three to four weeks". Kevin Hassert, Director of the National Economic Council, says the white house and its allies had been preparing detailed action plans since Jan 20, well before the public announcement of tariffs. This groundwork, he argued, allowed the administration to move quickly and secure multiple promising trade offers.
With rains this week across winter wheat acres, we should see an increase to Good / Excellent ratings on Monday's crop condition and progress report. Spring wheat planting should see sizeable progress as well; this past Monday we were at 17%, 5% of the average. Monday's average is 21% so we should easily exceed that. South American weather continues to be favorable for harvest in Argentina while Braxil has above normal rain in the forecast for the next 10-days. The BAGE in Argy reports corn harvest at just shy of 30% vs. 28% last week and the 5-year average is 25%.
Cash Futures Prices: Chicago MAY is unchanged at 529 KC MAY is down 1/2 at 537 and MPLS MAY is down 1 at 591. US Dollar is trading 0.14 higher at 99.51.
