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 May 02, 2024, 10:57:39 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.
Corn
Quotes are delayed, as of May 02, 2024, 10:57:39 PM CDT or prior.
Soybeans
Quotes are delayed, as of May 02, 2024, 10:57:39 PM CDT or prior.
Wheat
Quotes are delayed, as of May 02, 2024, 10:57:39 PM CDT or prior.
Canadian Dollar
Quotes are delayed, as of May 02, 2024, 10:57:39 PM 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

Trenton closed Friday May 3rd and Monday May 6th

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!We also just added '26 wheat bids and they are right there too.How sweet is that?!

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
Soy Meal Leading Soy Complex Charge on Thursday -

Soybeans got a boost from the meal value on Thursday, with contracts up 14 to 34 ¼ cents across the board. Soymeal paved the way for the rally,

Corn Rallies into Close -

Corn futures closed out the Thursday session with gains of 4 ½ to 9 cents across most contracts. Some precip is expected to make its way across the

Cotton -

Cotton futures reverted to continued weakness as the recent drop in prices hasn’t seemed to attract much export business according to recent USDA

Cattle Hold Opening Strength to Close Higher on Thursday -

Live cattle shot higher following Wednesday’s late USDA H5N1 announcement, closing with $1.90 to $2.95 gains. Cash trade has been slow to develop

Wheat Comes Back to Post Thursday Strength -

Wheat bulls held their ground on Thursday, with gains across the three exchanges. Kansas City futures were up 11 to 11 ½ cents across most

Hogs Mixed Around on Thursday -

Lean hogs continue the mixed trade this week, as Thursday closed with contracts down 10 to 50 cents in the front months and other contracts up 5 to

Full commentary...


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