Northern Ag Network
Northern Ag Network
Northern Broadcasting System    Northern News Network    Northern Sports Network
Search This Site...
Search This Site...

Cash Grain Markets

Hard Red Winter Wheat Cash Price 

  Ordinary Protein 11% 12%

-7 to 9
Mon PM
-7 to 9
Mon PM
-7 to 9
Mon PM
South Central MT474 - 489494 - 509519 - 534
Golden Triangle 483 - 506499 - 522513 - 545
Northeast MT 449 - 479459 - 489464 - 504
FOB Portland-8
593 - 614
Mon PM
-8
607 - 624
Mon PM
+1
615 - 630
Tue AM

Dark Northern Spring Wheat Cash Prices


  13% Protein 14%  15%
  Steady to -4
Mon PM
Steady to -4
Mon PM
Steady to -4
Mon PM
South Central
MT
509 - 527529 - 544537 - 552
Golden Triangle 537 - 559549 - 575552 - 583
Northeast MT 494 - 530502 - 541502 - 549
FOB PortlandSteady to -3
653 - 668
Mon PM
-1
668 - 680
Tue AM
Steady to -2
676 - 682
Mon PM
 


Wheat / Durum / Barley Cash Prices

  Soft White Wheat Hard Amber Durum Feed Barley
  Steady
Tue AM
Steady
Mon PM
Steady
Mon PM




South Central MT  
 
Golden Triangle  400645 - 675
Northeast MT  
400 - 450 
FOB Portland615 - 635
   

Wyoming / Nebraska / Colorado Cash Prices


Hard Red Winter WheatYellow Corn White Millet

-9
Mon PM
-3
Mon PM
Steady 
Mon PM
S.E. WYO-
S.W. NE

400 - 439

322 - 337950 - 975 (cwt)
North Central COLO

414 - 454

377 - 381 
Denver444 - 454377
+9
525 - 545
Mon PM
+1 to 6
Mon PM
+1 to 6
Mon PM
-1
Thu PM
-1
Thu PM
-13
520 - 533
Thu PM
+7 to 13
Thu  PM
+7 to 13
Thu  PM
+5
Thu PM
Ordinary Protein11%12%
 +5
Mon PM
-8
Wed PM
+12
614 - 643
Thu PM
+3
626 - 645
Thu PM
-11
448 - 483
Thu PM
-11
448 - 483
Thu PM
-11
448 - 483
Thu PM
-11
508 - 543
Thu PM
-7
Fri PM
-7
Fri PM
-2
579 - 599
Thu PM
Steady
Wed PM

Grain Market News

>> More Grain Market News

Grain Market Commentary

Market Commentary from the Northern Ag Network:
11/19/2018  2:00 PM

DTN reports:

January soybeans fell 18 1/2 cents Monday after the U.S. and China could not come to terms for a concluding statement at the weekend's Pacific Rim summit. Corn and all three wheats also finished lower, influenced by soybeans and the slow pace of wheat exports.

Wheat:

March Kansas City wheat fell 7 3/4 cents to a new 2018 low of $4.98 3/4, taking cash HRW wheat prices below $4.50 for the first time in six months. It will be interesting later Monday to see if USDA notes any planting progress in winter wheat the past week. Very little planting seems likely at this late date, especially in Southern Plain states like Arkansas where weather has been hostile. Much of the focus this time of year is on the demand side of the market and in that regard, the pace of wheat exports remains sluggish, especially for HRW wheat. USDA did show an increase in last week's wheat inspections on Monday, but total inspections remain well below USDA's expectation for a 14% increase, at 18% below a year ago. Based on cash prices, SRW wheat and spring wheat continue to trend sideways, while the trend in HRW wheat turned lower on Monday's close. DTN's National HRW index closed at $4.55 Friday, 28 cents below the December contract and holding above support at $4.50. Similarly, DTN's National SRW index closed at $4.75 Friday.

Corn:

December corn ended down 2 1/2 cents at $3.62 1/4 Monday, pressed to the lower end of its sideways trading range of the past seven weeks as harvest likely made steady progress last week. Except for a narrow band of precipitation across southern Iowa over the weekend, the weather has been mostly dry and is expected to stay that way the next five days. On the demand side, USDA said 5.4 million bushels (mb) (138,000 metric tons) of U.S. corn were sold to South Korea for 2018-19. Later Monday morning, USDA said 31.4 mb of corn were inspected for export last week, a lower amount that still has total inspections up 80% from a year ago. Monday afternoon's report of harvest progress from USDA is likely to show corn in the low 90s, ahead of Thanksgiving. DTN's National Corn Index closed at $3.32 Friday, well above its September low of $3.00 and priced 33 cents below the December contract. In outside markets, the December U.S. dollar index is down 0.29 with increased comments that slower world growth may ease the need for more rate hikes from the Federal Reserve. Outside commodities were mostly lower early, but mixed in early afternoon.
Trading volume was relatively light Monday, but all three wheat contracts posted double-digit gains, bouncing back from last week's four-day losing streak. Corn and soybeans were slightly higher with traders behaving cautiously ahead of Wednesday's WASDE report from USDA.
Trading volume was relatively light Monday, but all three wheat contracts posted double-digit gains, bouncing back from last week's four-day losing streak. Corn and soybeans were slightly higher with traders behaving cautiously ahead of Wednesday's WASDE report from USDA.
It was a risk-off day for commodities on Thursday, with energy, metals and grains under pressure, the latter still feeling the sting of Wednesday's bearish USDA report. This is despite the U.S. dollar index that reached two-week lows on weaker-than-expected inflation data. Hurricane Florence has been downgraded, which has eased concerns in the crude oil market. Equities are trading higher.
It was a risk-off day for commodities on Thursday, with energy, metals and grains under pressure, the latter still feeling the sting of Wednesday's bearish USDA report. This is despite the U.S. dollar index that reached two-week lows on weaker-than-expected inflation data. Hurricane Florence has been downgraded, which has eased concerns in the crude oil market. Equities are trading higher.
December contracts of Kansas City and Chicago wheat both posted double-digit gains Friday, reducing their losses for the week with help from excessively wet conditions in the U.S. and another reduction in Australia's wheat crop estimate. December corn and November soybeans also finished higher with ongoing harvest challenges still a concern.
December contracts of Kansas City and Chicago wheat both posted double-digit gains Friday, reducing their losses for the week with help from excessively wet conditions in the U.S. and another reduction in Australia's wheat crop estimate. December corn and November soybeans also finished higher with ongoing harvest challenges still a concern.
December contracts of Kansas City and Chicago wheat both posted double-digit gains Friday, reducing their losses for the week with help from excessively wet conditions in the U.S. and another reduction in Australia's wheat crop estimate. December corn and November soybeans also finished higher with ongoing harvest challenges still a concern.

Grain Futures