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 1-16-25
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price
Quotes are delayed, as of January 17, 2025, 08:02:23 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
Hogs Back Lower on Thursday
Lean hog futures posted Thursday losses of 27 to 82 cents. The national average base hog negotiated price was reported at $80.24 on Thursday morning, up 3 cents from the day prior. The CME Lean Hog Index was reported at $81.10 on January 14, up 11 cents from the previous...
Soybeans Mixed on Friday AM Trade
Soybeans are showing mixed action early on Friday, with front months up 1 to 2 ½ cents and new crop fractionally lower. The soybean market was in sell mode on Thursday, with contracts down 18 to 24 cents in most nearby contracts at the close. CmdtyView’s national front month Cash...
Cattle Back Lower on Thursday
Live cattle futures posted losses of $1.47 to $1.92 on Thursday in risk off mode. Cash trade has started this week at $201 in the South, with sales reported of $202-205 on NE. The Thursday morning Central Stockyards Fed Cattle Exchange online auction showed sales on two lots at $201....
Wheat Mixed on Friday Morning
The wheat market is mixed on Friday morning, with spring wheat the strongest. Wheat futures closed out the Thursday session with losses across the three exchanges. The Chicago SRW market was down 9 to 10 cents on the day. KC HRW posted front month losses of 9 to 10 cents...
Cotton Heading Higher to Start Friday
Cotton prices are trading with Friday morning gains of 29 to 49 points. Futures fell on Thursday, with contracts down 104 to 107 points in the nearby contracts. The outside markets were mixed factors, as the US dollar index was down 151 points, with crude oil $1.33/barrel lower and back...
Corn Sneaking Back Higher to Start Friday
The corn market is trading with fractional gains so far on Friday morning. Corn closed out the Thursday session with contracts down 4 to 5 cents across most front months. The national average Cash Corn price from cmdtyView was down 4 1/2 cents at $4.40 3/4. USDA’s Export Sales report...

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 January 17, 2025, 08:02:23 AM CST or prior.

Local Daily Commentary

January 16 2025 AM Bids Email   https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_01_16_25.pdf

 

Markets will be closed Monday, January 20 for the Martin Luther King holiday and we will be closed as well.

 

Wheat futures are trading lower this morning, down 3 to 6 cents in the MARCH 2025 futures. Improving weather patterns for ARgentina and Brazil are pressuring corn and soybeans, and the wheat markets are following. Weekly Export sales came out this morning  and are being perceived as neutral. Corn and wheat came in above the high end of pre-report estimates but the targets were not set very high. Soybean sales for the week came in at the middle of the expected range of estimates. The trade is keeping an eye on South American weather and harvest and monitoring Russian export pricing and volume for signs they are sticking to their export tariff plans. The markets probably have more upside potential than downside but it will likely take some kind of catalyst to push things that direction. With a tenuous Isreal - Hamas ceasefire in progress, the ongoing Russia - Ukraine conflict, the start of a new presidential term this weekend, and the ongoing weather challenges for Russian wheat there is definitely a lot of potential for something to shake things up.

 

Cash Futures Prices: Chicago MARCH is down 5 at 541. KC MARCH is down 7 at 550 and MPLS MARCH is down 3 at 583. US Dollar is trading 0.13 lower at 108.96.


Local Weather
Forecast

The CME Group Intercontinental Exchange