| 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 4-17-25 | ||||||
|---|---|---|---|---|---|---|
| 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
- Cattle Rally Ahead of Cattle on Feed Release
- Live cattle futures closed out the week with Thursday gains of $1.175 to $2.75, as June rounded out the short week with a $7.27 pop higher Cash trade picked up on Thursday, with sales of $208-210 in the South and $212 in the North. That would be up $4-6 from...
- Hogs Hold Gains on Thursday
- Lean hog futures saw slightly Thursday gains with contracts up 7 to 25 cents, as June was up $4.70 this week. USDA’s national average base hog negotiated price was not reported on Thursday afternoon with the 5-day rolling average at $84.74. The CME Lean Hog Index was down another 28...
- Cotton Rounds Out the Week with Strength
- Cotton futures posted gains of 53 to 76 points on Thursday to round out the week with May up 43 points this week. Crude oil futures were up $2.10/barrel on the day, with the US dollar index back up $0.037 to $99.180. The markets will be closed on Friday in...
- Corn Slips Lower into 3-day Weekend
- Corn futures failed to hold the slight midday gains into the close on Thursday, with loses of fractionally to 2 cents. May was back down 8 cents this week, as December was up 2 ½ cents. The front month CmdtyView national average Cash Corn price was down 1 ¾ cents...
- Wheat Slips Late on Thursday to Close Mixed
- The wheat markets closed the Thursday session on the mixed side, pulling back from early gains. Chicago SRW futures saw 1 to 2 cent gains to closed out Thursday, as May was down 7 cents this week. Kansas City HRW was the weak spot, steady to down 3 cents on...
- Soybeans Retreat into the Weekend
- Soybeans fell lower on Thursday, with losses of 1 to 3 cents heading into the 3-day weekend. May beans were down 6 ¼ cents this week, as November was up 7 cents. CmdtyView’s national front month Cash Bean price was down 2 cents at $9.85 3/4. Soymeal futures was back...
Local Weather
Futures Table
Market Email April 17, 2025 https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_04_17_25.pdf
Notice: No markets tomorrow, April 18 as the markets will be closed for Good Friday.
Wheat futures are trading higher this morning, up 2 to 4 cents in the MAY 2025 futures. Corn, soybean, and wheat futures are all in positive territory ahead of the long weekend (no markets tomorrow on Good Friday). Trade uncertainties continue and we'll probably see choppy trade as tariff information is released. Crude oil prices are higher following U.S. sanctions to curb Iranian oil exports. Weekly export sales report didn't hold any surprises with corn, soybeans, and wheat all landing within expectations. Japanese officials were in D.C. to discuss tariffs but have not reached an agreement yet. There was reportedly "good progress" made and another meeting is scheduled for later this month. These first trade agreements may take a bit more hashing out as they will likely serve as a sort of template for the rest of the trade deals so they are taking their time. We are one week into the 90-day pause in tariffs and while that sounds like plenty of time, there is alot to get done. China has appointed a new chief negotiator, Li Chenggan, into the role. This could signal an intention to re-engage in trade talks which have been at an impass so far. Interestingly, Li Chenggan was an intergal part of the team during Trumps last presidency and the tariff agreements that were done before.
Tuesday's weekly Crop Progress report from NASS showed conditions of the winter wheat crop doen 1% to 47% good / excellent, with the Brugler500 index rising 1 point to 329 on a 2% shift out of the poor / very poor categories. By state, the HRW states took much of the weaker conditions, with NE down 30 points, CO losing 12 and KS dropping 9 points. Spring plantings for wheat were seen at 7% planted which is in-line with the 5-year average of 7% planted at this time. While much of the US HRW wheat regions are too dry, there is a band of heavy rain forecast to fall through Missouri, Illinois, Indiana, and Ohio that could drop between 1 anf 4 inches of total precipiation in the coming week that has the potential to delay row crop planting in the eastern corn belt.
Cash Futures Prices: Chicago MAY is up 4 at 552. KC MAY is up 3 at 561 and MPLS MAY is up 2 at 606. US Dollar is trading 0.19 higher at 99.57.
