Cash Grain Markets

Hard Red Winter Wheat Cash Price

Ordinary Protein11%12%
-4 to 5
Wed PM
-4 to 5
Wed PM
-4 to 5
Wed PM
South Central MT3.92 - 4.074.12 - 4.274.27 - 4.51
Golden Triangle4.15 - 4.344.23 - 4.504.29 - 4.63
Northeast MT3.57 - 3.893.67 - 3.973.72 - 4.14
FOB Portland-5
5.36 - 5.46
Wed PM
-5
5.56 - 5.66
Wed PM
-5
5.66 - 5.76
Wed PM

Dark Northern Spring Wheat Cash Prices

13% Protein14%15%
-2 to 3
Wed PM
-2 to 3
Wed PM
-2 to 3
Wed PM
South Central
MT
4.36 - 4.554.56 - 4.714.64 - 4.79
Golden Triangle4.54 - 4.734.70 - 4.894.78 - 4.97
Northeast MT4.15 - 4.494.23 - 4.574.23 - 4.61
FOB Portland-3 to 13
5.82 - 5.86
Wed PM
-3 to 13
6.02
Wed PM
-3 to 13
6.02 - 6.10
Wed PM

Wheat / Durum / Barley Cash Prices

Soft White WheatHard Amber DurumFeed Barley
Steady to +5
Wed PM
Steady
Wed PM
Steady
Wed PM
South Central MT
Golden Triangle4.006.50 - 6.75
Northeast MT4.60 - 4.75
FOB Portland5.75 - 6.20

Wyoming / Nebraska / Colorado Cash Prices

Hard Red Winter WheatYellow CornWhite Millet
- 3 to 5
Wed PM
+1
Wed PM
Steady
Wed PM
S.E. WYO - S.W. NE3.72 - 3.974.11 - 4.3610.25 - 11.50
North Central COLO3.87 - 3.974.42 - 4.56
Denver3.87 - 3.974.56
 

Grain Market Commentary

AccuWeather predicts the 2019 U.S. yield for corn will be the lowest since 2012. A new AccuWeather analysis estimates there will be just over 13 billion bushels of corn, based on 167 bushels per acre on 78 million acres harvested. Continued rain and flooding so far have marred the 2019 growing season, with many farmers forced to plant corn far later than usual. That has also affected initial estimates of the condition of the corn, with historically low estimates of “good” or “excellent” the last three weeks of the U.S. Department of Agriculture’s Crop Progress.

Find more details from AccuWeather here.

Across Northern Ag country, Montana is sitting at over 70% good to excellent, Wyoming corn has 83% in the top tier, North Dakota near 80% but South Dakota is struggling with only 62% good to excellent.

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AccuWeather News

Northern Ag Network

 

 

Links to Market Analysis

Ag Center – Cattle Report Livestock Marketing Information Center Kansas State – AgManager.info North Dakota State – Livestock Economics University of Missouri – Farm Marketing CattleFax  

Grain Market News

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WASHINGTON (DTN) -- Senate Agriculture Appropriations Subcommittee Chairman John Hoeven, R-N.D., said Tuesday he hopes that within "a week or so" the Trump administration...
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