Cash Bids Snapshot
Notes Short Month Basis Cash Price Cash Price (tonne) Futures Change
Corn
Soybeans
Wheat, SRW

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Quotes are delayed, as of June 10, 2023, 01:14:31 PM 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.
Market Snapshot
Quotes are delayed, as of June 10, 2023, 01:14:31 PM CDT or prior.
National Newswire

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Commentary
Mixed Close for Cotton Futures -

The cotton market ended the final trade day of the week with a 27 point loss in July, but 15 to 28 point gains in new crop. July fell by 201 points

July Hogs Led the Friday Rally -

July lean hog futures closed ~60 cents under their session high, but still up by a 2.8%. That netted a weekly gain of $4.97. The other front months

Cattle Turned Around for Mostly Higher Close -

The live cattle futures market reversed course and ended Friday mostly higher. June and August futures ended in the red by 55 and 40 cents

Chicago Wheat Rallies on Friday -

CBT SRW futures closed with Friday gains of 1 1/4 to 4 cents. That left the July contract at a net 11 1/4 cent gain for the week. KC HRW futures

Meal Slides as Beans and Oil Rally -

Soymeal missed out on Friday buying as beans closed with 1.2% to 1.7% gains and soy oil rallied nearly 4%. For July soybeans that left the board at

Red Close for Friday Corn Trade -

Corn futures ended the report day near their initial report marks. July closed with a 6 cent loss for the session, which flipped the board net lower

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IP Soybean Contracts

Now for some much needed rain!

 

2023 IP Soybean Premiums

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Variety             Heat Unit        Premium

S03W4             2650               $5.50

S07M8            2725                $5.00

S10R2             2800                $5.00

Acoras            2800                $4.50

SQWH               Any                 $3.50

On Farm Storage rates available!

 

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Jeff 519-703-0574 

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