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Market Snapshot
Quotes retrieved on January 17, 2017, 07:33:08 PM CST
Cash bids

Date Wheat Corn Soybeans Milo

01/09 3.48 3.10 9.05 2.95 bu.

01/10 3.48 3.08 9.13 2.93 bu.

01/11 3.41 3.07 9.11 2.92 bu.

01/12 3.54 3.08 9.40 2.93 bu.

01/13 3.59 3.08 9.46 2.93 bu.

Garden City Co-op

01/13 3.24 3.06 9.31 2.54 bu.

Dodge City Co-op

01/13 3.24 3.04 9.36 2.59 bu.

Irsik/Doll Hutchinson

01/13 3.59 3.09 NA 2.94 bu.

Plains

01/13 3.24 3.16 9.36 2.64 bu.

Leoti

01/13 3.24 3.06 9.31 2.57 bu.

Hays Midland Marketing

01/13 3.29 2.84 9.21 2.53 bu.

Kansas Ethanol (Lyons)

01/13 NA 3.38 NA 2.98 bu.


Local Markets

HUTCHINSON: (Courtesy of Cargill Grain)

Wheat – $3.59 bu.

Soybeans - $9.56 bu.

Milo – $2.93 bu.

Corn – $3.13 bu.

New Crop Wheat – $3.97 bu.

New Crop Soybeans - $9.38 bu.

New Crop Milo - $3.16 bu.

New Crop Corn –$3.32 bu.

HUTCHINSON: (Courtesy of ADM Grain Co.)

Wheat – $3.59 bu.

Soybeans - $9.46 bu.

Milo - $2.93 bu.

Corn - $3.08 bu.

New Crop Wheat – $4.02 bu.

New Crop Soybeans - $9.43 bu.

New Crop Milo - $3.26 bu.

New Crop Corn – $3.41 bu.

Kansas City USDA Cash Bids
Commodity Bid Type Low Price High Price Price Chg (¢)
Kansas City
Corn Terminal +3.46 +3.51 +7.00
Ord HRW Wheat Terminal +3.87 +3.87 +3.00
Soybeans Terminal +10.19 +10.19 +23.00 to +18.00
More USDA cash bids...
USDA cash bids updated on January 17, 2017
Commodity commentaries
Soybeans -

Soybean futures traded sharply higher by 18 1/2 to 23 cents, reaching a 6 month high. Crop losses are expected in Argentina due to heavy rains. A

Wheat -

Wheat futures closed higher in CBT and KC contracts, but sharply lower in MPLS contracts. MPLS was down 16 ¼ at $5.66 ½ after touching

Cattle -

Live cattle futures finished higher in all contracts, from 50 cents to $1.075; feeder cattle futures followed suit and were 47.5 to 75 cents higher.

Lean Hogs -

Lean hogs were a dime to 30 cents higher in the front three contracts today. The CME lean hog index for 1/13 was another $1.18 higher at $64.10. The

Cotton -

Cotton futures closed the day 9 to 16 points lower. This was unusually steady trade considering the sharply lower US Dollar Index. Crude oil futures

Ag Market Commentary -

Corn futures settled mostly 7 higher on Tuesday, benefitting from continued losses on the US Dollar chart. March 17 futures closed at their highest

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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