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 July 27, 2024, 09:50:26 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 July 27, 2024, 09:50:26 AM CDT or prior.
Soybeans
Quotes are delayed, as of July 27, 2024, 09:50:26 AM CDT or prior.
Wheat
Quotes are delayed, as of July 27, 2024, 09:50:26 AM CDT or prior.
Canadian Dollar
Quotes are delayed, as of July 27, 2024, 09:50:26 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 

 

 

Friday Hours: 7 am until combines shut down

Weekend: We will be open.

As time progresses, we are seeing increasing amounts of fusarium.  To be considered grade 2, wheat can have a maximum of 1% fusarium.  Grain that has up to 1.5% fusarium is grade 3.  Above 1.5% is considered feed.  At the moment, we are discounting $10/tonne for grade 3 & $30/tonne for feed. We anticipate these discounts increasing as the quality of the crop deteriorates.  Combining your grain ASAP is of utmost importance.

 

 Man these markets are a hot mess. Its been a 60 day drop in corn with no real retracement. Markets always swing too far whether it's up or down. It really feels like we are moving back to where we came from in 2020, $3.50 front month futures. It's not even that far off now. There have been years with big drops in Jun/Jul that the market second guesses itself on production, or tight handed farmer causes the market to bounce in Aug, into early Sep. My old friend Roy Smith said, always sell beans Sep 9th, just ahead of the crop report. The move lower from then until the harvest low, give or take a week of Oct 1 is the most reliable move of the year. Avoid storage, charges and interest is a killer these days and of course "the market can remain illogical longer than we can remain solvent" seems applicable. 

Wheat harvest is approaching quickly.  Here are a few pre-harvest reminders:

1. Make sure your equipment is cleaned out well.  This includes treated seed, fertilizer and anything growing in the corners of trucks and wagons that wasn't cleaned out last year.

2. Your grain is not automatically sold upon delivery.  If you do not already have your wheat contracted, it will go into storage and stay there until you instruct us to sell it.  To sell it, you need to phone, text or email us at Campbellford to make the sale.  Sales cannot be made at the dump pit or at our Trenton location.  If you want us to sell your grain as it arrives, you need to contact us and let us know.  Even if you have done this in the past, you need to contact us annually to let us know what your intentions are for this harvest.

3.  We will be using new software this harvest, so your paperwork will look different than in previous years.  We are doing everything we can to ensure a smooth transition, but if you see anything on your documents that you have questions about, please contact us.

4. We are ready to receive wheat at Campbellford and Trenton.  We have not yet extended our hours, so once you anticipate needing us to stay late, let us know ahead of time so that we can arrange staffing. 

As always, we appreciate your business, we look forward to working with you this fall, and harvest safely!

The NFA Scholarship Application deadline is Aug. 1/24.

For details click on the NFA tab at the top of this page.

 

Jeff's getting caught up on our excavating to-do list and is ready to start on yours!  If you have any projects requiring a backhoe or excavator, let us know!  Not sure what all Jeff can do?  Click on the "Excavating" tab at the top of this page.

 

 

Upcoming Events:

 

Monday, August 19: Northumberland Soil & Crop BBQ. Roseneath Fairgrounds. BBQ at 6:00. Carousel opens at 7:00.

August 21 & 22: Hastings County Plowing Match & Farm Show.  Hosted by Richard and Anne Dracup at 416 Sutherland Road, Stirling.

 

 

Ag Market Commentary
Cattle Post Mixed Trade, with Feeders Rallying -

Live cattle futures saw mixed trade on Friday, with contracts anywhere from 37 cents lower to 50 cents higher. Cash trade was quiet this week, with

Wheat Fall to New Low on Friday -

The wheat complex was in near free fall mode heading into the weekend, with losses across the three exchanges. Chicago SRW futures were down 13 to

Cotton Heads Lower on Friday -

Cotton futures were pulled lower on Friday, as contracts were down 72 to 116 points on the day. The outside markets had some effect, as crude as

Soybeans Collapse on Friday as Bulls Limited Ammo Dries Up -

Soybeans gave back all of the gains in the August contract for this week and most of November’s on Friday, as contracts fell 28 to 38 ½ cents

Hogs Mixed on Friday -

Lean hogs closed out the Friday session with contracts mixed, anywhere from 30 cents lower to 40 cents higher. The USDA National Base Hog price was

Corn Gives Back Gains on Friday as Bears Resume Selling -

Corn futures ended the Friday session with losses 10 to 11 ½ cent losses across most contracts. The weekly gain for September was 4 cents as Dc was

Full commentary...


The CME Group Intercontinental Exchange