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Market Snapshot
Quotes retrieved on March 28, 2017, 02:33:46 PM CDT
Cash bids

Date Wheat Corn Soybeans Milo

02/10 3.80 3.24 9.59 3.09 bu.

02/13 3.86 3.25 9.54 3.10 bu.

02/14 3.85 3.24 9.45 3.09 bu.

02/16 3.78 3.23 9.43 3.08 bu.

02/17 3.76 3.18 9.32 3.03 bu.

Garden City Co-op

02/17 3.41 3.18 9.18 2.63 bu.

Dodge City Co-op

02/17 3.46 3.18 9.23 2.68 bu.

Irsik/Doll Hutchinson

02/17 3.76 3.18 NA 3.03 bu.

Plains

02/17 3.41 3.25 9.23 2.73 bu.

Leoti

02/17 3.41 3.17 9.18 2.66 bu.

Hays Midland Marketing

02/17 3.46 2.93 9.08 2.63 bu.

Kansas Ethanol (Lyons)

02/17 NA 3.38 NA 3.03 bu.


Local Markets

HUTCHINSON: (Courtesy of Cargill Grain)

Wheat – $3.76 bu.

Soybeans - $9.47 bu.

Milo – $2.98 bu.

Corn – $3.26 bu.

New Crop Wheat – $4.06 bu.

New Crop Soybeans - $9.38 bu.

New Crop Milo - $3.24 bu.

New Crop Corn –$3.42 bu.

HUTCHINSON: (Courtesy of ADM Grain Co.)

Wheat – $3.76 bu.

Soybeans - $9.32 bu.

Milo - $3.03 bu.

Corn - $3.18 bu.

New Crop Wheat – $4.11 bu.

New Crop Soybeans - $9.43 bu.

New Crop Milo - $3.34 bu.

New Crop Corn – $3.49 bu.

Kansas City USDA Cash Bids
Commodity Bid Type Low Price High Price Price Chg (¢)
Kansas City
Corn Terminal +3.36 +3.36 UNCH
Ord HRW Wheat Terminal +3.76 +3.76 -7.00
Soybeans Terminal +9.32 +9.32 +6.00 to +4.00
More USDA cash bids...
USDA cash bids updated on March 27, 2017
Commodity commentaries
Corn -

Corn futures are trading mostly 1 1/4 to 1 3/4 cents higher on Tuesday. TX corn planting is 45% complete, with 14% already emerged. KS is at 2%, LA

Soybeans -

Soybean futures are currently steady to fractionally higher. Soymeal futures are up a dime and soy oil is 17 points higher. The national average

Wheat -

Wheat futures are mostly trading 3 cents higher on the three exchanges. MPLS and KC is up 3 and CHI is 3 3/4 cents higher. KS winter wheat

Cattle -

Live cattle are 7.5 cents to 42.5 cents higher on the front months. Feeder cattle futures are mixed with March 15 cents higher. The CME feeder

Lean Hogs -

Lean hog futures are trading mostly 15 to 57.5 cents lower on Tuesday. The CME Lean Hog Index for 3/24 was down 67 cents to $70.24. USDA’s

Cotton -

Cotton futures are mixed with the front months 27-28 points higher and lower on the back months. The dollar index is currently gaining 228 points

Full commentary...
From Kansas State

Energy Resources – including price forecasts for diesel fuel, economics of bio-energy, and energy use in Kansas agriculture.

KFMA Farm Income Summaries – executive summaries, enterprise summaries, and whole-farm analysis with data from the KFMA.

InsideFutures Commentary

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Kansas State Grain Update

1. Grain Outlook Newsletter

And outlook for all Kansas crops by Dan O’Brien, Kansas State University

2. Crop Basis Maps  

GIS maps showing this week’s basis and deviation from 3 year average for corn, wheat, soybeans, and milo in the central Plains.

3. Updated Crop Basis Tool 

This interactive tool can be used to examine historical weekly nearby basis for corn, sorghum (milo), soybeans, and wheat for various locations in Kansas, Nebraska, Missouri, Oklahoma, and parts of Colorado and Texas.

4. Historical Custom Rates for 2016

5. KFMA Newsletter

6. Futures Based Price Forecasts for Diesel Fuel

Updated forecasts of diesel fuel prices based on oil futures. 

7. MYA Price Estimates Updated for ARC and PLC Commodity Programs 

Art Barnaby provides the MYA price estimates, updated for 2016 .

 

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