Maizeing Acres Inc. Cash Bids
Notes Basis Cash Price (tonne) Cash Price Futures Price Basis Month
Corn
Soybeans
Wheat, SRW

Quotes are delayed, as of April 27, 2024, 06:35:44 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.
Corn
Quotes are delayed, as of April 27, 2024, 06:35:44 AM CDT or prior.
Soybeans
Quotes are delayed, as of April 27, 2024, 06:35:44 AM CDT or prior.
Wheat
Quotes are delayed, as of April 27, 2024, 06:35:44 AM CDT or prior.
Canadian Dollar
Quotes are delayed, as of April 27, 2024, 06:35:44 AM CDT or prior.
Important Information

 

Office (call or text): 705-313-2082
Donna: donna@maizeingacresinc.com
cell: 705-930-3488
Pete: pdarcher@xplornet.com cell: 613-391-9218 

 

Current Weekday Hours: 7 am - 4 pm

Weekends: Closed

If you plan on growing wheat this fall, we are knocking on $300/t. If you can hit 100 bu that's over $800/ac with no straw value. I have worked for less!

Hey on farm corn guys! Check those bins. Its been a mild winter and some problems are showing up. If you haven't cored you better do that before planting.It's kinda like my old saying, "if u r having trouble selling em something they want, God help u sell em something they don't want"

With good carry in the market, a decent strategy for direct ship on farm corn is to sell it for the better new crop price,curently $25 more so you are guaranteed movement before new crop, moving it in Oct. The good part is, if we do get a better old crop opportunity, we can sell the old crop again for quicker movement and deliver new crop against the first sale. We could also add some carry to that contract for spring ship. Call if you have questions. 

 We are also going to start our Average Price Contracts May 1. We will be using Wednesday closing prices for the following 7 weeks on all 3 commodities to establish the average price. All you need to do is commit a tonnage to the program by May 1 and you end up with a forward contract at the end for that tonnage. It is a firm commitment as we will be selling futures each week to hedge this. If we see a big spike higher along the way, we can go ahead and price the balance out at that point. Theoretically it should get some pricing done during the seasonal rally. How effective it is really depends on timing. If we only get one high priced week, that price may be watered down with 6 lower priced ones. This is one more tool in your grain marketing toolbox, and is a good option to sell some of your production.  How much should you sell?  Probably 10-20% of your anticipated production would be a good start. It's better than doing nothing at this time of year, but you should still use target orders with a plan to recalibrate if they are not filled by late June. Call with any questions.

Ag Market Commentary
Cattle Regain Strength to Round Out Week -

Cattle futures are continuing to shrug off the Wednesday overreaction, as contracts are up another 60 cents to $1.52 at midday. Cash trade kicked

Corn Settles 1 to 3 Lower on Friday, Still Up 6+ Cents for Week -

Corn settled 1 to 3 cents lower on Friday, with nearby May the firmest and May 2025 seeing the biggest day to day net loss. The solid export sales

Cotton Futures Mixed Going into Weekend -

Cotton futures settled lower on Friday, by 18 to 39 points. Nearby May is in deliveries, and only one trade was reported for the entire day, at

Hogs Correction Continued on Friday -

Lean hogs hit their high for the week on Tuesday and spent the rest of the week fading the early rally. Futures settled $1.00 to $2.525 lower on

Wheat Rally Continues into Weekend, KC Up 64 ¾ Cents For Week -

Wheat bulls continued their assault on the heights (or at least foot hills given the size of the decline in recent months) on Friday. Kansas City

Soybeans Hesitant to Head Higher on Planting Delays -

Soybeans settled 3 ¼ lower to 3 cents higher on Friday, with delivery months out through January 2025 in negative territory and the rest of the

Full commentary...


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