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 06-04-24            
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price
Quotes are delayed, as of June 21, 2024, 08:35:12 AM CDT 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: + 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


Commentary
Soybeans Ticking Higher Heading into Weekend
Soybeans are posting 3 to 7 cent higher trade on Friday morning. They came out of the Juneteenth holiday in bear mode, with contracts down 4 to 18 ¾ cents at the Thursday close. Soymeal futures were steady in some of the back months to $7/ton lower for July. Soy...
Cotton Mixed on Friday Morning
Cotton prices are showing mixed action this morning, with front months down 12 to 50 points and new crop up 6 to 11. Futures reverted to weakness during the day session, despite earlier overnight gains. Contracts were down 7 to 74 points on the day. Outside factors are offsetting, with...
Corn Trying to Claw Back Higher on Friday Morning
Corn prices are trading with 1 to 2 cent gains, as the market rounds out the week. Futures collapsed into the Thursday close, as contracts were down 4 ¼ to 11 cents on the day despite a solid round of EIA corn use data. July options expire on Friday, with...
Wheat Trying to Recover on Friday
The wheat complex is trading with slight gains after a week of losses to start your Friday morning. They closed with losses across the three markets on Thursday. Chicago saw losses of 9 ¼ to 14 ¼ cents across the board. Kansas City contracts were down 7 to 13 ¼...
Cattle Look to Trade Ahead of CoF Report
Live cattle futures posted mixed trade on Thursday with front months 40 to 45 cents higher and other contracts 5 to 50 cents lower. Trade talk has regionals and majors bidding $310-312 in the north, with asking prices $315 or higher and up to $200 live. Thursday’s Central Stockyards Fed...
Hogs Resume Retreat on Thursday
Lean hog futures gapped lower out of the holiday, as contracts were down $1.47 to $2.62 at midday and settled $2 to $2.62 lower in the first three delivery months. The CME Lean Hog Index was up 13 cents at $90.72 on June 18. Typical seasonal strength has been muted...

Futures Table
Quotes are delayed, as of June 21, 2024, 08:35:12 AM CDT or prior.

Local Daily Commentary

06/20/24

Market Report Email:  http://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_06_20_24.pdf

 

Wheat futures are trading lower this morning, down 7 to 10 cents in the JULY 2024 futures. Wheat can't seem to find its footing as the trend continues lower. Rains fell across Kansas yesterday but forecasts look dry for harvest there to continue to push north. SRW and HRW continue to find good crop reports for the most part, adding pressure to the futures market. Some rain looks to be in the forecast for the US northern plains and southern Canadian prairies. IKAR incrfeased the Russian wheat estimate by 500k MT to 82 MMT, apparently, regional crop tours found some areas that weren't as bad as originally thought. The current USDA estimate for Russia is 83 MMT.  Argintina is expected to see an increase to its wheat seedings by 100k hectares to 6.3 million hectares. The weekly US export sales report will be delayed until friday due to yesterday's holiday. Export desks in Portland have reportedly been pretty quiet lately so we'll see if these lower prices can attract some business.

 

Cash Futures Prices: Chicago JULY is down 7 cents at 574. KC SEP is down 10 at 599 and MPLS JULY is down 10 at 622. US Dollar is trading 0.34 higher at 105.60.


2024 Spring Canola Program

WINFIELD CROPLAN

                  IN SEASON

CP9978TF   $ 789/50# BAG

CP9221TF   $ 799/50# BAG

CP930RR     $ 699/50# 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 


Local Weather
Forecast

The CME Group Intercontinental Exchange