| 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 10-18-24 | ||||||
|---|---|---|---|---|---|---|
| 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
- Soybeans Slipping on Tuesday Morning
- Soybeans are showing losses of 1 to 2 cents so far on Tuesday. They settled the Monday session with contracts up 2 ½ to 11 cents, led by the nearbys. Preliminary open interest showed net new buying across most contracts, up 13,560 contracts cross all but the November contract, which...
- Cotton Hovering Near Unchanged on Tuesday Morning
- Cotton prices are withing a few points of unchanged on Tuesday AM trade, as contracts are up 3 to down 2 .Futures closed out the Monday session with contracts up 28 to 121 points. The outside markets are mixed, with crude oil back up $1.26/barrel and the US dollar index...
- Wheat Weakness Continues on Tuesday Morning
- Wheat futures are showing 4 to 5 cent losses across the three markets on Tuesday morning. The wheat complex fell back from their intraday highs on Monday to close mixed. Chicago SRW futures were fractionally mixed on the day. KC HRW contracts were fractionally to 1 3/4 cents higher on...
- Corn Sticking Close to Unchanged to Start Tuesday Trade
- Corn prices are showing fractionally mixed trade so far on Tuesday AM. Futures closed out the Monday session with fractional to 4 ¾ cent gains following a slew of export sales announcements totaling 498,118 MT to unknown, Mexico, and South Korea. Preliminary open interest showed net new buying, up 20,956...
- Cattle Traders Look to Tuesday After Pressure on Monday
- Live cattle futures closed out the day with contracts down 30 to 62 cents across the board. There were no new deliveries on Monday for October cattle. Last week there were Southern cash sales of $188 and Northern sales of $188 live and $296 in the beef. Feeder cattle futures...
- Hogs Post Modest Strength on Monday
- Lean hog futures saw modest gains of 15 to 45 cents on Monday. The national average base hog price was reported at $75.22 on Monday afternoon, up $3.17 from the previous day. The CME Lean Hog Index was reported at $83.96 on October 17, up 12 cents from the day...
Octover 21, 2024 Markets https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_10_21_24.pdf
Wheat futures are trading higher this morning, up 0 to 3 cents in the DEC 2024 futures. Futures took a hit on Friday with no real smoking gun to point at for a reason. Futures were gaining back some of the losses in early trading. The weekly export inspections report came out just now and showed corn and soybean totals near the higher end of the range of expectations. Corn came in at 999,811 MT vs the 500,000-1,100,000 MT expectations and Soybeans came in at 2,433,530 MT vs the 1,200,000-2,850,000 range of expectations. Wheat inspections for the week were dissappointingly low, coming in at 268,375 MT, below the 350,000-650,000 MT expectations and the second-lowest total for this marketing year and could be taking a little bit of the juice out of the wheat's green numbers on the futures board.
Weather in the Northern Hemisphere has caused some difficulties in some of the wheat growing regions that could give it a rough start as it goes into winter but could still be helped with some favorable spring weather. The US plains and Russia are much drier than at this time last year but the South American weather has been doing what it is supposed to do after its dry start and most of the areas are have seen some improvement. We are seeing some widespread rains locally and in the PNW that should give our winter crops a better start.
Cash Futures Prices: Chicago DEC is up 1 at 573 KC DEC is up 3 at 583 and MPLS DEC is unchanged at 617. US Dollar is trading 0.43 higher at 103.92.
