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 January 22, 2021, 03:24:37 AM CST 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 January 22, 2021, 03:24:37 AM CST or prior.
Soybeans
Quotes are delayed, as of January 22, 2021, 03:24:37 AM CST or prior.
Wheat
Quotes are delayed, as of January 22, 2021, 03:24:37 AM CST or prior.
Canadian Dollar
Quotes are delayed, as of January 22, 2021, 03:24:37 AM CST 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 Hours:

Campbellford & Wooler Road

Monday - Friday 7 am - 5 pm

 

 

We are having lots of "Where is this market going?" conversations lately. The short answer is that no one knows. This thing does have a similar feeling to 2008 with fund money pushing into the grains. They can drive this a whole lot further and faster than most people think possible. That was quite a year. Record high corn at $7.50 futures in June, faded below $3 in December, and a huge puddle of tears. Turned out there was no shortage of grains. Not saying history will repeat itself here, but it often rhymes.  

 Let's focus on some knowns. What we each need to know is our cost of production. That lets us make some solid business decisions based on historic production and/or crop insurance guarantees. I can tell you the profitability on new crop contracts, even though it looks disappointing verses old crop, is wildly more profitable on beans than what we've seen for 6+ years. I would suggest not letting it all get away. Why not sell an increment that would cover your inputs, to get started? Run your 5-Step-Plan. It's a 10 minute deal that sheds great perspective on profitability. Think profit, not price. Not quite where you want to be on corn yet? Well, the trend is up.  Take that number from the 5-Step-Plan and call, text, or email in a target order. That takes the emotion out of making decisions on big up days. As much as we love you guys, there aren't too many of you who can be decisive on those days, and that's just human nature. 

 

    

 

Ag Market Commentary
Wheat Closes Lower Thursday -

The wheat/corn spread tightened up some with wheat closing the day weaker. SRW futures were down by as much as 7 cents nearby. The Chi wheat/corn

Soybeans End in Black -

Beans faded at the close, but still ended the session higher. March futures settled 3/4 of a penny in the black with old crop gains limited to 2 3/4

Lean Hogs Close Mostly Higher -

Feb futures missed out on the Thursday gains, closing 32 cents in the red. The other front months ended the day up 45 to 82 cents. Pork cutout

Cattle Higher at Close -

Live cattle futures closed the Thursday session with gains of as much as $1.07 for April. OI data as of 1/20 showed April positions more than double

Corn Recovers on Thursday -

At the close on Thursday corn prices were 1 to 3 cents higher. USDA announced a private export sale of 336,500 MT of 20/21 corn to unknown

Cotton Gains Triple Digits -

Front month cotton prices gained 98 to 111 points on the day. The dollar index continues to work lower following a blitz of spending and regulatory

Full commentary...


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