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Cash Grain Markets

Hard Red Winter Wheat Cash Price 

  Ordinary Protein 11% 12%

-5
Thu PM

-5
Thu PM
-5
Thu PM
South Central MT279 - 361339 - 381389 - 404
Golden Triangle 332 - 369371 - 389386 - 407
Northeast MT 219 - 323279 - 379329 - 413
FOB Portland-5 to +4
339 - 424
Thu PM
-5 to +4
449 - 484
Thu PM
-5 to +4
494 - 529
Thu PM

Dark Northern Spring Wheat Cash Prices


  13% Protein 14%  15%
  -1 to 3
Thu PM
-1 to 3
Thu PM
-1 to 3
Thu PM
South Central
MT
589 - 623637 - 655657 - 672
Golden Triangle 626 - 652658 - 675673 - 691
Northeast MT 575 - 628614 - 650630 - 682
FOB Portland-3
724 - 734
Thu PM
-3
750 - 780
Thu PM
-3
758 - 812
Thu PM
 


Wheat / Durum / Barley Cash Prices

  Soft White Wheat Hard Amber Durum Feed Barley
  Steady to -5
Thu PM
-10
Wed PM
Steady
Wed PM




South Central MT  
 
Golden Triangle  700 - 725475 - 525
Northeast MT  
725 
FOB Portland489 - 525 (Aug)
   

Wyoming / Nebraska / Colorado Cash Prices


Hard Red Winter WheatYellow Corn Feed Barley 

-6
Thu PM
-2
Thu PM


S.E. WYO-
S.W. NEB
304 - 329
305 - 321 
North Central COLO
294 - 304
341 - 371 
Denver304 - 334341Not available
+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:
 8/18/2017  10:00 AM

DTN reports: 

December corn was down 1/4 cent, November soybeans were down 3/4 cent, and December Chicago wheat was up 2 3/4 cents.

Wheat:

September Chicago wheat was up 2 3/4 cents, getting an early response of bargain-hunting after falling to another new contract low on Thursday. Spot Chicago prices are still well above their 2017 low at $3.98 1/2, but after falling for over six weeks, the trend is in motion and it has been difficult to entice buyers back to the market. Commercials are wheat's best hope for supporting prices at these lower levels, but one concern is that futures spreads for both, Chicago and K.C. are showing prices in distant futures months trading above carry which is a bearish sign of near-term demand. The result is that we have some unexpectedly cheap wheat prices in a year when U.S. wheat production is anticipated to be down 25% or more and it is not clear yet where support may show up. Meanwhile, the seven-day forecast remains mostly dry in the northwestern Plains, supportive for spring wheat harvest progress where any were fortunate enough to escape this year's drought. Moderate rains are expected over Kansas and eastern Oklahoma which will be helpful for fall planting conditions. So far, winter wheat contracts remain in a downtrend. Much like Charlie Brown trusting Lucy to hold the football, I will say once again that support should be near at these lower levels. DTN's National SRW index closed at $3.86 Thursday, priced 28 cents below the September contract and at its lowest price in three months.


Corn:

December corn was down 1/4 cent early, showing a narrow, overnight range while light, scattered showers dot the western Plains. The next three days are expected to be mostly dry across the Corn Belt with Monday and Tuesday offering the best chances for rain in the week ahead. Iowa is supposed to be included in the rain path, but it is not clear yet how much rain Iowa's drier regions may get, if any. This summer's crop tours will be interesting to follow, but a good national estimate is not likely until October's WASDE report and by then, corn prices are typically trading near their seasonal lows. If this year's crop does fall short of expectations, it is more likely to show up in prices in the form of a post-harvest rally and in early 2018 when the corn is stored away. In the meantime, it is difficult to find buyers ahead of this year's harvest and that is keeping December corn near its lows in 2017. DTN's National Corn Index closed at $3.12 Thursday, priced 38 cents below the September contract and at a new 2017 low. In outside markets, the September U.S. dollar index is down 0.12, still near its lowest prices in two years while other commodities are starting the day mostly higher.


Grain Futures