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Market Snapshot
Quotes retrieved on February 19, 2017, 05:13:27 PM CST
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 +3.48 +3.50 -6.00
Ord HRW Wheat Terminal +4.06 +4.06 -2.00
Soybeans Terminal +9.83 +9.85 -11.00
More USDA cash bids...
USDA cash bids updated on February 17, 2017
Commodity commentaries
Ag Market Commentary -

Corn futures closed the week mostly 5 cents lower. Since last Friday, March 17 Futures were down 6 1/4 cents, but hit a 7 month high on Thursday at

Cotton -

Cotton futures posted triple digit losses in the three nearby contracts. March has lost $2.34 on the week, a 3.09% loss. The dollar was 460 points

Lean Hogs -

Lean hogs finished $1 higher in the May 17 contract with April up 95 cents on Friday.   The CME Lean Hog Index for 2/15 was at $75.98, up

Cattle -

Live cattle futures ended Friday higher by triple digits in the front three months. Over the course of the week Feb 17 was $1.525 higher. Feeder

Wheat -

Wheat futures settled lower again on Friday. March 17 CHI was the weakest today, down 6 3/4 cents. It was also 1.78% lower on the week. KC was

Soybeans -

Soybean futures traded sharply lower again today, coming off yesterday’s double digits losses. On the week, soybeans lost 26 1/2 cents,

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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