| 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 5-09-25 | ||||||
|---|---|---|---|---|---|---|
| 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
- Soybeans Pulling Back on Tuesday Morning
- The bean market is showing weaker trade early on Tuesday, down 4 to 6 cents. Soybeans closed out the Monday session with contracts rallying 20 to 27 cents. Preliminary open interest showed net new buying, up 16,325 contracts. The cmdtyView Cash Bean price was up 19 3/4 cents to $10.60....
- Cattle Look to Tuesday Trade after Monday Rally
- Live cattle futures were $1.50 to $2.15 higher into the close on Monday. Preliminary open interest was down 1,079 contracts. Cash trade settled in last week $218-220 in the South, with northern action at $225-228. Feeder cattle futures were in a rally mode on Monday, with gains of $5.12 to...
- Hogs Shift Focus to Tuesday Following Monday Strength
- Lean hog futures saw gains on Monday, with contracts up anywhere from 35 cents to $2.05. Preliminary open interest was up 6,894 contracts on Monday. USDA’s national average base hog negotiated price was reported at $95.29 on Monday afternoon, up $0.82 The CME Lean Hog Index was down 8 cents...
- Corn Pressure Continues as Planting Pace Continues
- The corn market is trading with contracts down 2 to 4 cents across the front months. Futures fell back from the higher post-USDA report trade on Monday, with nearbys slipping 1 to 2 cents. New crop contracts were 3 to 4 cents in the green at the close. Preliminary open...
- Cotton Looking at Higher Trade on Tuesday AM
- Cotton prices are trading with 25 to 66 point gains early on Tuesday morning. Futures fell back from the early session high, but held onto gains on Monday of 2 to 18 points into the close. Crude oil prices posted gains of $1.10/barrel. The US dollar index was back up...
- Wheat Losses Extend to New Lows
- The wheat market is looking at new lows on Tuesday morning, with losses across the board. Wheat futures fell lower across the three exchanges on Monday, pressured by less than bullish USDA data. Chicago SRW futures were 6 to 7 cents in the red on the Monday session. Tuesday’s preliminary...
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Futures Table
May 12, 2025 Morning Market Email: https://s3.amazonaws.com/media.agricharts.com/sites/2446/Markets_AM_05_12_25.pdf
Wheat futures are trading lower this morning, down 5 to 9 cents in the J-U-L-Y 2025 futures. Delayed cash bids while we waited for the WASDE report to come out at 9 AM PST. Wheat futures were trading mixed to mostly higher prior to the report and have dropped off a little into the red after the report showed ending stocks on the higher end of estimates. The US and China made headlines with temporary tariff reductions down to 30% (US against China) and 10% (China against US) while they work on a more permanent agreement. There are still specific exemptions to the tariffs on certain goods like steel, pharmaceuticals, etc but this is a very positive first step. Ukraine and Russia have agreed to a face-to-face meeting later this week which could lead to at least a temporary cease-fire, and maybe eventually a peace agreement. The weekly US crop condition and ratings report comes out this afternoon.
WASDE Report: This is our first look at new-crop global balance sheets. In general terms, the estimates came within the range of estimates. Wheat ending stocks for the US came in at 923 million bushels, increased from the 841 ending stocks from last year but below the average trade guess of 863. Increases in supplies, increased domestic use, and decreases in exports combined for the increase. Corn ending stocks for the US came in at 1,800 MBU, increased from 1,465 last year but below the average trade estimate of 2,020. Record supplies and total use netted together for the increase. Soybean ending stocks for the US came in at 295 mbu, which is a decrease from last year's number of 350. The average trade guess was 362 mbu. Decreased supplies, increased crush, decreased exports combined for the reduction in ending stocks.
Cash Futures Prices: Chicago J-U-L-Y is down 5 at 516 KC J-U-L-Y is down 7 at 510 and MPLS J-U-L-Y is down 9 at 584. US Dollar is trading 1.50 higher at 101.83.
