|Delivery Start||Basis||Futures Price||Futures Change||Cash Price||Basis Month||Notes|
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Mountain Lake, Minnesota (56159)
Ag Market Commentary
- Cattle Rally Triple Digits
- Following Friday’s USDA reports, cattle futures climbed triple digits to close near the highs. October fats led the way with a $2.05 gain. Feeder cattle also gained triple digits, closing the session with $1.60 to $2.30 gains. The 7/22 CME Feeder Cattle Index was $152.03, up another 64 cents. The...
- Cotton Board Ends Mixed
- Going home on Monday, the cotton complex was mixed on the board. October and December contracts were red by 3 and 6 points respectively with March UNCH. The deferred May and June ’22 contracts gained 11 to 22 points to narrow the inverse. The Crop Progress from NASS showed that...
- Monday Wheat Closes Red
- Front month wheat futures ended the first trade day of the new week with losses. CBT futures were 5 1/2 to 7 cents red at the close. KC futures gave back 5 3/4 to 7 cents on Monday. Spring wheat futures were firmer on the day, having closed only 3...
- Lean Hogs Close Monday Mostly Higher
- December hog futures ended the Monday session with a nickel loss, while the rest of the complex was green by 2 to 47 cents. USDA’s National Average Base hog price for Monday morning was $108 flat, with no comparison. Friday afternoon’s quote was $104.59. The CME Lean Hog Index for...
- Corn Closes Black on Monday
- After trading lower through the morning, corn prices found afternoon strength to end the first trade day of the week 2 1/2 to 6 1/2 cents higher on the day. Silking progress had advanced to 79% of the national crop according to NASS as of the 25th. That compares to...
- Beans Close Monday with Gains
- Soybean futures spent most of the Monday session recovering from overnight double digit losses. At the close the board showed soybean futures were 6 to 11 3/4 cents stronger in the front months. Soymeal prices also staged a recovery, though were still UNCH to 60 cents/ton red at the close....