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Cash Grain Markets

Hard Red Winter Wheat Cash Price 

  Ordinary Protein 11% 12%

-4 to 6
Mon PM
-4 to 6
Mon PM
-4 to 6
Mon PM
South Central MT485 - 501505 - 521519 - 536
Golden Triangle 487 - 523503 - 533511 - 541
Northeast MT 455 - 484465 - 494469 - 500
FOB Portland-4
629 - 640
Tue PM
-4
643 - 650
Tue PM
-4
650 - 655
Tue PM

Dark Northern Spring Wheat Cash Prices


  13% Protein 14%  15%
  -4 to 5
Mon PM
-4 to 5
Mon PM
-4 to 5
Mon PM
South Central
MT
503 - 525523 - 541531 - 549
Golden Triangle 509 - 536525 - 552533 - 560
Northeast MT 469 - 503485 - 519493 - 527
FOB Portland-3
644 - 647
Tue PM
-3
652 - 667
Tue PM
-3
652 - 667
Tue PM
 


Wheat / Durum / Barley Cash Prices

  Soft White Wheat Hard Amber Durum Feed Barley
  Steady
Tue PM
Steady to +25
Mon PM
Steady
Mon PM




South Central MT  
 
Golden Triangle  400675 - 687
Northeast MT  
435 - 450 
FOB Portland610 - 635
   

Wyoming / Nebraska / Colorado Cash Prices


Hard Red Winter WheatYellow Corn White Millet

-5 to 6
Mon PM
+1
Mon PM
Steady to +25
Mon PM
S.E. WYO-
S.W. NE

439 - 459

336 - 3591200 - 1250
North Central COLO

469 - 479

393 - 394 
Denver494394
+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:
1/15/2019  3:00 PM

DTN reports:

Corn, soybeans and wheat fell hard on Tuesday, reeling from very poor economic news from China, and a dearth of demand news, as the government shutdown continues.

Wheat:

Wheat is along for the bearish ride Tuesday, falling in sympathy with corn and soybeans, and on the continued lack of any confirmation of alleged China purchases of U.S. wheat and corn. The trade has become weary of the rumor mill, which had driven earlier gains. The good news is that with Tuesday's 5 to 6 cent break in wheat, U.S. wheat offers will become even more competitive. Currently, U.S. wheat, on a FOB basis, is said to be a $12 to $13 per metric ton (33 to 35 cents per bushel) cheaper than both EU and Russian wheat. Business should be shifting in the direction of the U.S. on wheat! I would not be surprised to see Egypt's GASC tender tonight following the weak close. Winter wheat has received some beneficial moisture of late, with no drought issues in the U.S., but a brutal cold spell early next week will be closely watched. The U.S. Midwest is expected to see much below normal temps into mid-February. DTN's National HRW Index closed at $4.75 on Monday, an average basis of 24 under Kansas City March futures.

Corn:

Corn plunged on Tuesday, fueled early by poor economic news out of China, and losses accelerated on the falling soybean market and alleged comments by U.S. Trade Representative Robert Lighthizer that little progress has been made with China on trade talks. Although progress has been good on China's proposed ag product purchases, apparently agreement on intellectual property and other issues has failed so far. The next meeting is not until Jan. 30. In the meantime, U.S. corn is enjoying a price advantage to world corn importers and, although we have seen no confirmation of new business due to the shutdown, the U.S. is well positioned to garner new corn business. Competition does remain formidable still, with Ukraine corn exports, at 28 mmt and up some 10 mmt from last year. Safrinha planting has begun in parts of Brazil, and at some point, the hot and dry weather, and declining soil moisture could affect corn. Funds are likely liquidating corn futures Tuesday, as corn remains the only primary ag product that funds have been net long. March corn broke below the trend line, which should lead to more weakness, while December corn is just a penny above the trend. DTN's National Corn Index closed at 3.46 on Monday, and reflects an average basis of 33 under March.

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.

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