Hard Red Winter Wheat Cash Price

Ordinary Protein11%12%
-11
Tue PM
-11
Tue PM
-11
Tue PM
South Central MT4.99 - 5.145.19 - 5.345.31 - 5.46
Golden Triangle4.92 - 5.165.12 - 5.29
5.27 - 5.42
Northeast MT4.58 - 4.984.68 - 5.104.73 - 5.23
FOB Portland+17
6.66
Wed PM
+17
6.86
Wed PM
+17
7.01
Wed PM

Dark Northern Spring Wheat Cash Prices

13% Protein14%15%
-6 to 13
Tue PM
-6 to 13
Tue PM
-6 to 13
Tue PM
South Central
MT
5.26 - 5.425.58 - 5.745.74 - 5.90
Golden Triangle5.36 - 5.455.60 - 5.825.68 - 6.02
Northeast MT5.21 - 5.615.37 - 5.775.45 - 5.96
FOB Portland+9
6.97 - 7.05
Wed PM
+9
7.21
Wed PM
+9
7.29 - 7.33
Wed PM

Wheat / Durum / Barley Cash Prices

Soft White WheatHard Amber DurumFeed Barley
Steady
Wed PM
Steady
Tue PM
Steady to -1.50
Tue PM
South Central MT
Golden Triangle5.50 - 7.00
Northeast MT5.90 - 6.75
FOB Portland7.50 - 7.65*priced on cwt basis

Wyoming / Nebraska / Colorado Cash Prices

Hard Red Winter WheatYellow CornSorghum
-11
Tue PM
-7
Tue PM
-7
Tue PM
S.E. WYO - S.W. NE4.985.31 - 5.39
North Central COLO5.38 - 5.665.84 - 6.09
Northwest NE4.91 - 5.185.20 - 5.595.79 - 6.84
CommodityLastChangeOpenHighLow
HARD RED WINTER WHEAT December 2022 9.9700 0.0825 9.9075 9.9700 9.8750
HARD RED WINTER WHEAT March 2023 9.9350 0.0800 9.8800 9.9350 9.8425
HARD RED WINTER WHEAT May 2023 9.8925 0.0725 9.8375 9.8925 9.8150
HARD RED WINTER WHEAT July 2023 9.6750 0.0775 9.6050 9.6750 9.5900
WHEAT December 2022 9.1525 0.0325 9.1625 9.1625 9.0575
WHEAT March 2023 9.2875 0.0375 9.2625 9.2875 9.1875
WHEAT May 2023 9.3425 0.0300 9.3125 9.3425 9.2600
WHEAT July 2023 9.1375 0.0275 9.1200 9.1425 9.1025
HARD RED SPRING WHEAT December 2022 9.8500 0.0500 9.8000 9.8500 9.7725
HARD RED SPRING WHEAT March 2023 9.8900 0.0325 9.8675 9.8900 9.8375
HARD RED SPRING WHEAT May 2023 9.8900 0.0275 9.9500 9.9700 9.8625
HARD RED SPRING WHEAT July 2023 9.8500 0.0250 9.8375 9.8500 9.8375
SOYBEANS November 2022 13.7525 0.0125 13.7375 13.7675 13.7175
SOYBEANS January 2023 13.8575 0.0175 13.8325 13.8625 13.8125
SOYBEANS March 2023 13.9200 0.0025 13.9100 13.9325 13.8825
SOYBEANS May 2023 14.0100 0.0150 13.9900 14.0100 13.9600
CORN December 2022 6.7925 -0.0150 6.8075 6.8075 6.7650
CORN March 2023 6.8575 -0.0175 6.8700 6.8700 6.8325
CORN May 2023 6.8650 -0.0150 6.8725 6.8725 6.8425
CORN July 2023 6.8025 -0.0150 6.8075 6.8150 6.7850
 

Grain Market Commentary

A periodical update from RaboResearch, this latest North America Agribusiness Review provides a market outlook for cattle, soybeans, wheat, cotton, orange juice and other key commodities. It also gives an overview of what developments to watch in the upcoming months. A couple highlights include:

  • Phosphates prices are now at the highest levels in North America since 2012. Urea is likely to see further price movement as higher corn prices improve appetite for demand.
  • Feed exports to China remain strong, increasing domestic feed prices.
  • Food-at-home’s share of total food expenditures rose to 58.1% in 2020 – more than 10 percentage points above pre-pandemic levels and the highest since 1985. RaboResearch expects this food retail momentum to continue with above-average growth even in 2021.

This report and past North America Agribusiness Reviews can be found here.

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Rabobank

 

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  

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