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Cash Grain Markets

Hard Red Winter Wheat Cash Price 

  Ordinary Protein 11% 12%

-7 to 8
Mon PM
-7 to 8
Mon PM
-7 to 8
Mon PM
South Central MT379- 429429 - 459479 - 489
Golden Triangle 416 - 449456 -479489 - 504
Northeast MT 369 - 499409 - 439444 - 474
FOB PortlandNA
574 - 602

-7
619 - 621
Mon PM

Dark Northern Spring Wheat Cash Prices


  13% Protein 14%  15%
  -3
Mon PM
-3
Mon PM
-3
Mon PM
South Central
MT
467 - 502515 - 534535 - 550
Golden Triangle 458 - 487490 - 514506 - 530
Northeast MT 434 - 464458 - 492474 - 520
FOB Portland-3
583 - 611
Mon PM
-3
623 - 643
Mon PM
-3
647 - 659
Mon PM
 


Wheat / Durum / Barley Cash Prices

  Soft White Wheat Hard Amber Durum Feed Barley
  Steady to -5
Mon PM
Steady 
Mon PM
Steady
Mon PM




South Central MT  
 
Golden Triangle  450600 - 625
Northeast MT  
485 - 500 
FOB Portland580 - 608 (July)
   

Wyoming / Nebraska / Colorado Cash Prices


Hard Red Winter WheatYellow Corn White Millet

+11
Mon PM
+1 to 2
Mon PM
Steady
Mon PM
S.E. WYO-
S.W. NE

410 - 444

299 - 322800 - 825
North Central COLO

386 - 440

342 - 354 
Denver435 - 440342
+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:
 7/16/2018  3:30 PM

DTN reports:

Corn was up 1/2 cent in the September contract and up 1/2 cent in the December. Soybeans were up 10 3/4 cents in the August contract and up 11 1/2 cents in the November. Wheat closed down 8 1/2 cents in the September Chicago contract, down 7 1/4 cents in the September Kansas City and down 3 1/2 cents in the September Minneapolis contract.

Wheat:

September Chicago wheat closed down 8 1/2 cents and September K.C. wheat was down 7 1/4 cents at $4.84 1/2, still holding above its 2018 low of $4.66 1/2, but having a hard time sustaining any rally without a bullish fundamental argument. July's WASDE report showed crop estimate reductions for all the usual places, from Europe to Australia, but the new production estimate of 736.26 million metric tons (27.1 billion bushels) is still only down 3% from last year's record global harvest. Monday afternoon's Crop Progress report is apt to show winter wheat harvest around 70% or more complete and another high good-to-excellent rating for spring wheat. Speaking of spring wheat, Friday's CFTC data showed noncommercials in Minneapolis wheat bearish, holding 9,412 net-shorts as of July 10, while commercials continue to find value at the lower prices, holding 11,979 net-longs. September Minneapolis wheat is not showing signs of stabilizing yet, but support should be near with commercials finding good value at these cheaper prices. For now, the trends for all three wheat futures remain down. DTN's National SRW index closed at $4.71 Friday, up from a new two-month low and 26 cents below the September contract. DTN's National HRW index closed at $4.75, also up from its lowest prices in two months.


Corn:

 

December corn closed up 1/2 cent at $3.55 1/4 Monday, finding slight support near its lowest prices in 2018, but no strong reasons to bid prices significantly higher. After a hot and mostly dry weekend across the Corn Belt, temperatures are expected to be more moderate the next seven days with rain in the Western Corn Belt earlier in the week and over the Eastern Corn Belt later in the week. USDA's Crop Progress report may show a slightly lower good-to-excellent rating for corn on Monday afternoon, but it is still likely to be historically high as crops are doing well overall. On the demand side, USDA said 47.9 million bushels (mb) of corn were inspected for export last week, a bearish showing that has total inspections down 5% in 2017-18 from a year ago and well below USDA's estimate for a 5% increase. Another bearish concern for corn prices is the level of noncommercial bullishness still in the market. Friday's CFTC data showed noncommercials reluctantly cutting net longs, from 148,352 to 109,320 as of July 10 -- positions that continue to lose money and encourage more selling. So far, the trend remains down for December corn. DTN's National Corn Index closed at $3.10 Friday, near its lowest price in 2018 and 31 cents below the September contract. In outside markets, the September U.S. dollar index is down 0.20 and August crude oil is down $2.82 with unconfirmed talk that Russia may supply more oil, if needed.


Grain Futures