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%

+1 to 2
Fri PM
+1 to 2
Fri PM
+1 to 2
Fri PM
South Central MT490 - 508510 - 528525 - 543
Golden Triangle 494 - 531510 - 541520 - 549
Northeast MT 461 - 491471 - 501476 - 511
FOB Portland+2
640 - 651
Fri PM
+2
654 - 661
Fri PM
+2
661 - 666
Fri PM

Dark Northern Spring Wheat Cash Prices


  13% Protein 14%  15%
  +2
Fri PM
+2
Fri PM
+2
Fri PM
South Central
MT
511 - 534531 - 550539 - 558
Golden Triangle 515 - 545531 - 561539 - 569
Northeast MT 478 - 512494 - 528502 - 536
FOB Portland+2
656 - 659
Fri PM
+2
664 - 679
Fri PM
+2
664 - 679
Fri PM
 


Wheat / Durum / Barley Cash Prices

  Soft White Wheat Hard Amber Durum Feed Barley
  Steady to +3
Fri PM
Steady
Fri PM
Steady
Fri PM




South Central MT  
 
Golden Triangle  400675 - 687
Northeast MT  
435 - 450 
FOB Portland610 - 638
   

Wyoming / Nebraska / Colorado Cash Prices


Hard Red Winter WheatYellow Corn White Millet

+2
Fri PM
+2
Fri PM
Steady to +25
Fri PM
S.E. WYO-
S.W. NE

446 - 466

340 - 3621200 - 1275
North Central COLO

476 - 496

394 - 397 
Denver493 - 496397
+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:
1/18/2019  1:15 PM

DTN reports:

March soybeans finished 9 cents higher Friday, helped by an unconfirmed rumor that China offered to commit to large U.S. ag purchases earlier this month, and by a return of investor buying interest to the stock market and outside commodity markets. March contracts of corn and all three wheats were steady to higher on light volume.

Wheat:

March K.C. wheat closed up 2 cents at $5.06 Friday and was up 1 1/2 cents on the week, not showing much change yet in the month of January. However, we did see the Mar/May K.C. wheat spread narrow to -9 1/2 cents Friday, the highest it has traded since early August. It is one more sign of possible support for K.C. wheat prices to see this example of front-month buying accompany rumors of possible wheat purchases for export (see DTN Senior Analyst Dana Mantini's Before The Bell comments). Unfortunately, we do not have USDA available to confirm the export news, but if the March K.C. contract could close above the 100-day average at $5.22, it would have a chance to attract noncommercial buying. Futures spreads also look supportive to Chicago and Minneapolis wheat prices and are the best demand indicators we have during the government shutdown. For cash HRW and HRS wheat prices, the trends remain sideways, while the trend is up for cash SRW wheat. DTN's National HRW index closed at $4.80 Thursday, closer to its December high and down 24 cents from the March futures contract. DTN's National SRW index closed at $4.93 Thursday, down from its highest price in three months, but staying well-supported.

Corn:

March corn ended up 1 3/4 cents at $3.81 3/4 Friday, surviving Tuesday's 7 1/4 cent sell-off with a gain of 3 1/2 cents on the week. It is understandable for traders to be jumpy in week number four of the government shutdown while trade talks with China get closer to the March 1 deadline. As far as corn is concerned, however, the fundamental outlook is still mostly supportive for prices the next few months and U.S. exports should still be active. It is also helpful that the forecast for south-central Brazil remains hot and mostly dry the next seven days. Demand for ethanol remains a modest bearish concern for corn prices in early 2019, but so far, production is not far from expectations. Technically speaking, March corn futures are holding within their sideways range and did well to recover from Wednesday's selling. With four weeks of unreported export sales data locked away in a dark room and active weather concerns in South America, the trend in cash corn remains up. DTN's National Corn Index closed at $3.48 Thursday, near its highest price in seven months and 32 cents below the March contract. The March U.S. dollar index is up 0.28, getting a lift from January's rebounding stock market.

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