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 December 11, 2023, 12:02:51 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 December 11, 2023, 12:02:51 AM CST or prior.
Soybeans
Quotes are delayed, as of December 11, 2023, 12:02:51 AM CST or prior.
Wheat
Quotes are delayed, as of December 11, 2023, 12:02:51 AM CST or prior.
Canadian Dollar
Quotes are delayed, as of December 11, 2023, 12:02:51 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 

 

 Sunday: Closed

 

 

The free marketing period for corn is ending this week so you need to figure out whether you are paying the $4 in charge and letting the $3/month clock start ticking or just cash out. One of my "never sayings" is never leave corn in commercial storage. Market usually rallies just about enough to pay the storage. You can get 5.5% GICs now so figuring the value of money in addition to the costs, you need more than $5/ month rally for break even. A $30/t rally in the spring is break even. That's a significant rally. I'm not convinced the risk reward scenario makes sense. Maybe it's $20 lower in spring? Nobody knows. I would focus on the revenue not on the price. The amazing yields are making things profitable and you grew it for money so you might as well sell it and use the next rally for forward contracting new crop IMO

Under no circumstances can we take in grain that has treated seed in it. ABSOLUTELY NONE. We believe that part of the issue this year is that people are broadcasting treated seed in their soybean fields, and since we have not had rain, the seed it not growing; it's sitting on top of the leaves that are carpeting the ground, and being picked up by combines.  If you have planted wheat by broadcasting it, then you need to wait for it to rain to get the seed started growing before you combine the beans.  Also make sure your seed equipment is cleaned out properly.

 

 

 

 

 

 

 

 

Ag Market Commentary
Beans Spike Below $13, Stay Above for the Close -

The Friday soybean trade settled with prices 4 to 7 ¾ cents in the red. The Jan contract spiked below the $13 round number after the report, but

Cotton Sells Off After Yield Cut -

Cotton futures closed Friday ~20 points off their lows, but still 58 to 115 points in the red. The March contract printed a 200 point range from

Strong Friday Rally for Cattle Futures -

Live cattle limited the week’s draw down with a triple digit gain of as much as 2% on Friday. Feb fats were up by $3.20 for the day, but still

Corn Fades to Red after USDA Data -

Corn finished the last trade day of the week with fractional to 2 ½ cent losses across the front months. That left the March contract at just a ¾

Hogs Rally Into Weekend -

Lean hog futures finished the last trade day of the week with $0.87 to $1.52 gains. For Feb, that only reduced the week’s loss to $1.12. The

Wheats Faded into the Weekend -

After a week of buying into the data release and seeing a mostly bull-friendly update, wheat futures pulled back into the weekend. Chicago futures

Full commentary...


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