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Market Snapshot
Quotes retrieved on January 24, 2017, 09:07:36 AM CST
Cash bids

Date Wheat Corn Soybeans Milo

01/12 3.54 3.08 9.40 2.93 bu.

01/13 3.59 3.08 9.46 2.93 bu.

01/18 3.62 3.15 9.75 3.00 bu.

01/19 3.52 3.16 9.70 3.01 bu.

01/20 3.53 3.19 9.67 3.04 bu.

Garden City Co-op

01/20 3.18 3.17 9.43 2.65 bu.

Dodge City Co-op

01/20 3.23 3.20 9.58 2.70 bu.

Irsik/Doll Hutchinson

01/20 3.53 3.20 NA 3.05 bu.

Plains

01/20 3.18 3.27 9.58 2.75 bu.

Leoti

01/20 3.18 3.17 9.53 2.68 bu.

Hays Midland Marketing

01/20 3.28 2.95 9.43 2.64 bu.

Kansas Ethanol (Lyons)

01/20 NA 3.44 NA 3.14 bu.


Local Markets

HUTCHINSON: (Courtesy of Cargill Grain)

Wheat – $3.53 bu.

Soybeans - $9.77 bu.

Milo – $3.04 bu.

Corn – $3.24 bu.

New Crop Wheat – $3.91 bu.

New Crop Soybeans - $9.48 bu.

New Crop Milo - $3.25 bu.

New Crop Corn –$3.43 bu.

HUTCHINSON: (Courtesy of ADM Grain Co.)

Wheat – $3.53 bu.

Soybeans - $9.67 bu.

Milo - $3.04 bu.

Corn - $3.19 bu.

New Crop Wheat – $3.96 bu.

New Crop Soybeans - $9.53 bu.

New Crop Milo - $3.35 bu.

New Crop Corn – $3.50 bu.

Kansas City USDA Cash Bids
Commodity Bid Type Low Price High Price Price Chg (¢)
Kansas City
Corn Terminal +3.50 +3.55 UNCH
Ord HRW Wheat Terminal +3.80 +3.80 +2.00
Soybeans Terminal +10.03 +10.06 -13.00 to -10.00
More USDA cash bids...
USDA cash bids updated on January 23, 2017
Commodity commentaries
Soybeans -

Soybean futures are currently 4 to 7 cents higher after they closed 7 3/4 to 9 3/4 cents lower on Monday. Prices were hindered by drier weather in

Wheat -

Wheat futures are trading a penny higher to a penny lower since settling mixed with CBT and KC both higher and MPLS down 4 1/4 cents

Cattle -

Live cattle closed a dime lower to 20 cents higher on Monday. Feeder futures saw most contracts down 17.5 to 60 cents.  Wholesale beef prices

Lean Hogs -

Lean hogs finished lower on Monday with Feb and May futures down 30 cents, and April hogs 70 cents lower. The CME lean hog index for 1/19 was

Cotton -

Cotton futures are 14 to 25 points lower this morning after triple digit gains in the front three contracts on Monday.  Dec17 futures gained

Ag Market Commentary -

Corn futures are trading fractionally higher this morning. They finished Monday mixed and most contracts were within 1/4 cent of unchanged. Weekly

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.

USDA News

More news...
InsideFutures Commentary

More news...
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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