| 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 10-17-24 | ||||||
|---|---|---|---|---|---|---|
| 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
- Cotton Settles Lower on Thursday
- Cotton futures were down 22 to 50 points across most contracts on Thursday. The outside markets are a pressure factor, with crude oil down $0.35/barrel and the US dollar index 190 points higher. The Seam reported 2,657 bales of online sales on October 16 at an average price of 69.08...
- Wheat Posts Strength on Thursday
- The wheat complex posted gains across the three exchanges on Thursday. Chicago SRW futures were 4 to 4 ½ cents higher on the day. KC HRW contracts were up 4 ¼ to 7 1/4 cents on the session. MPLS spring wheat rallied 4 ¼ to 8 cents higher into the...
- Cattle Closes Mixed on Thursday
- Live cattle futures were mixed again on the Thursday session contracts anywhere from 50 cents lower to 22 cents higher. The 6 deliveries against October from Wednesday were retendered on Thursday. The Thursday morning Central Stockyards online Fed Cattle Exchange auction showed no sales on the 2,720 head listed for...
- Hogs Mixed at the Close
- Lean hog futures were mixed with contracts 45 cents higher to 35 cents lower. The national average base hog price was reported at $76.15 on Thursday afternoon, down $1.28 from the previous day. The CME Lean Hog Index was reported at $83.85 on October 15, down 23 cents from the...
- Soybeans Pull Out Gains on Thursday
- Soybeans faced early weakness on Thursday, but bulls fought back to close the day with contracts up 1 ¾ to 8 ¾ cents as Nov was narrowing some spreads. CmdtyView’s national front month Cash Bean price was up 9 1/2 cents at $9.30. Soymeal futures were mixed, with front months...
- Corn Comes Back into Thursday’s Close
- Corn futures closed out the Thursday session with contracts puling off the early low and closing steady to 2 cents higher in the nearbys. Other contracts were fractionally to a penny lower. The national average Cash Corn price from cmdtyView was up 2 1/4 cents at $3.75 3/4 per bu....
Octover 17, 2024 Markets https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_10_17_24.pdf
Wheat futures are trading higher this morning, up 3 to 5 cents in the DEC 2024 futures. Favorable harvest results in the US and improving weather forecast in South America are pressuring corn and beans early on. Wheat futures followed at the start but have since climbed into the green. Showers are forecast for 25-30% of Brazil's major corn and soybean areas. As of Sunday, 9.1% of the Brazilian soybean planting is complete. Nice rains are expected for the western portion of the southern plains with heavy amounts expected in eastern Colorado and the panhandle region. Much of Kansas is expected to get some rain with the heavier amounts focused on the western third of the state. Wheat futures found some support yesterday as there are parts outside the US that are dry including Russia and Australia.
Discussions on Russia's minimum tariffs have the trade encouraged as it could mean higher prices for the cheapest wheat if they stick to it. Their Exporter's Union said the indicative export price for wheat with 12.5% protein content on a FOB basis from the Black Sea port of Novorosslysk was $240/MT for October, $245/MT for Nov and $250/MT for December. There is increasing discussion on how US trade with China will look if Trump wins the presidency. He tends to use a combination of the stick and candy which seemed to work in the long term but there could be some chaos in the near term.
Cash Futures Prices: Chicago DEC is up 3 at 588 KC DEC is up 4 at 593 and MPLS DEC is up 5 at 626. US Dollar is trading 0.22 higher at 103.81.
