| Notes | Basis | Cash Price (tonne) | Cash Price | Futures Price | Basis Month |
|---|---|---|---|---|---|
| Corn | |||||
| Soybeans | |||||
| Wheat, SRW | |||||
| Oats |
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Campbellford Office #: 705-313-2082
Wooler Road Office #: 613-885-6785
Donna: donna@maizeingacresinc.com
cell: 705-930-3488
Pete: pdarcher@xplornet.com cell: 613-391-9218
Both locations: Monday-Friday 8:00 am - 4:00 pm
PAY ATTENTION!
Markets are on the move. They typically like to take the stairs up and the elevator down. It is, of course, the wet planting season that is driving the price. The market is trying to buy corn acres away from beans and prevent plant. Nobody knows how long this rally will last, but like Ed Usset told us at our customer day, "May Sellers" (his fictional spring time forward seller) over time has done a pretty darn good job of marketing. This is the time to focus on profit and not on price. In all likelihood, enough corn will get planted, and then the risk premium that we are seeing now will get extracted. Time will tell. Worried about selling if you can't plant? We can roll contracts to another crop year if you don't get it in, but please let us know asap if you are over sold in any crop/year. That can make the difference between getting out ahead, and getting out with no head....
Katelyn Taylor's book, Within the Norm, has arrived. If you've ordered one, you can pick it up at our Campbellford office anytime. If you haven't ordered one, don't worry. We have extras available for $15. Stop by and get one. Katelyn donates all proceeds to Campbellford and Cobourg Hospitals.
We will let you know when Ed Usset's Grain Marketing is Simple (it's just not easy) arrives. It is a great resource, and will be available for $30.
We have scheduling for Kawartha corn everyday. Call for fob or delivered bids.
- Lean Hogs Basis Firming on Board Pull Back
- Lean Hog posted 12.5 cent to $1.975 losses in most contracts on Tuesday. The CME Lean Hog Index was UNCH from the previous day @ $84.59 on May 17. The USDA pork carcass cutout value was up 54 cents at $87.07 on Tuesday afternoon. The national average...
- Corn Market Takes a Breather Overnight
- Corn futures are trading 2 to 5 cents lower this morning. They ended the Tuesday session with most contracts 3 to 6 cents higher as rains continue to slow planting. The front month chart hit its highest price since May 2018 on Tuesday, with new crop ...
- Cattle Futures Wait for Cash Direction
- Live cattle futures were down 20 to 50 cents on the day. Feeder cattle futures saw losses of $1.30 to $1.775 on Tuesday, with May up 22.5 cents ahead of Thursday’s Expiration. The CME feeder cattle index was up 43 cents to $132.25 on May 20. Wh...
- Wheat Market 4 to 8 Cents Lower Wednesday Morning
- Wheat futures are currently 4 to 8 cents lower after seeing mixed trade at Tuesday’s close. MPLS spring wheat is holding up the best of the three. KC was mostly a penny to 1 1/2 cents higher, with CBT up fractionally in the front months and low...
- Ag Market Commentary
- Corn futures are trading 2 to 5 cents lower this morning. They ended the Tuesday session with most contracts 3 to 6 cents higher as rains continue to slow planting. The front month chart hit its highest price since May 2018 on Tuesday, with new crop ...
- Cotton Market Lower Overnight
- Cotton futures are trading 65 to 111 points lower this morning. The ended Turnaround Tuesday with most contracts 38 to 87 points lower. The Crop Progress report indicated that 20% of the cotton acres in TX were seeded last week, now at 39%, with GA 6...
