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Market Snapshot
Quotes retrieved on August 31, 2016, 06:24:41 PM CDT
Cash bids

Date Wheat Corn Soybeans Milo

08/24 3.27 2.96 9.45 2.86 bu.

08/25 3.25 2.92 9.15 2.82 bu.

08/26 3.09 2.85 9.07 2.75 bu.

08/29 2.94 2.80 9.04 2.70 bu.

08/31 2.91 2.75 8.83 2.55 bu.

Garden City Co-op

08/31 2.51 2.64 8.43 2.02 bu.

Dodge City Co-op

08/31 2.51 2.62 8.98 2.12 bu.

Irsik/Doll Hutchinson

08/31 2.91 2.75 NA 2.42 bu.

Plains

08/31 2.61 2.81 8.63 2.36 bu.

Leoti

08/31 2.51 2.66 8.63 2.26 bu.

Hays Midland Marketing

08/31 2.53 2.49 8.48 2.20 bu.

Kansas Ethanol (Lyons)

08/31 NA 2.80 NA NA bu.


Local Markets

HUTCHINSON: (Courtesy of Cargill Grain)

Wheat – $2.81 bu.

Milo - $2.35 bu.

Soybeans – $8.98 bu.

Corn - $2.41 bu.

New Crop Wheat – $3.64 bu.

New Crop Milo - $2.35 bu.

New Crop Soybean – $8.98 bu.

New Crop Corn – $2.46 bu.

HUTCHINSON: (Courtesy of ADM Grain Co.)

Wheat – $2.91 bu.

Milo - $2.55 bu.

Soybeans – $8.83 bu.

Corn - $2.75 bu.

New Crop Wheat – $3.64 bu.

New Crop Milo - $2.55 bu.

New Crop Soybean – $8.68 bu.

New Crop Corn – $2.75 bu.

Kansas City USDA Cash Bids
Commodity Bid Type Low Price High Price Price Chg (¢)
Kansas City
Corn Terminal +2.79 +2.82 -2.00 to -3.00
Ord HRW Wheat Terminal +3.13 +3.13 +3.00
Soybeans Terminal +9.71 +9.71 -8.00
More USDA cash bids...
USDA cash bids updated on August 31, 2016
Commodity commentaries
Soybeans -

Soybean futures lost another 5 1/2 to 7 1/2 cents on the session.  The November contract lost 60 cents during the month of August. USDA

Corn -

Corn futures ended Wednesday mixed with September down 2 1/2 cents, and the March 2017 contract a 1/4 cent higher. December16 futures finished the

Ag Market Commentary -

Corn futures ended Wednesday mixed with September down 2 1/2 cents, and the March 2017 contract a 1/4 cent higher. December16 futures finished the

Cotton -

Cotton futures posted another down day, with losses from 65 to 71 points. The US dollar traded on both sides of unchanged today.  Crude oil

Lean Hogs -

Lean hog futures settled Wednesday with gains from 12.5 to 80 cents.  The CME Lean Hog index for 8/27 was $66.34, down another 27 cents. The

Cattle -

Live cattle futures settled mixed on Wednesday with August up 45 cents and both Oct and Dec 90 cents lower. Feeders gave back 90 cents in the

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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