Full Service Grain Merchandising and Handling

Helping You Grow And Prosper

 We know the importance of having the right grain locations and team to help with marketing decisions. Country Visions Cooperative has full-service grain elevatorsand additional storage sites to allow for capacity to market corn, soybeans, wheat, and oats. Our team of grain managers are available to help you set up a customized marketing plan.

 

 

Cash Bids

Market Update

Market Update 5-29-20
Market Update 5-29-20

5/29/2020 8:00:42 PM

Tune in to see what McKayla has to say this week!...

Cedar Grv/Random Lk


 
6/30/20
New Crop 2020
New Crop 2020
CORN
2.94 -0.35
2.98 -0.45
SOYBEANS
8.08 -0.60
7.97 -0.80
WHEAT
4.74 -0.50
4.74 -0.50
OATS
3.00 -0.46
2.45 -0.54

Grain Merchandising

Grain Merchandising

Grain Contracts

Spot Cash Contract

Spot Cash contracts are the most commonly used of any of the contracts. It is used when the cash price has reached your goal with little thought to either futures or basis.

Forward Cash Contract

Forward Cash Contracts allow the producer to lock in a cash grain price for a specific delivery date and location in the future. In addition, this contract is also preferred to lock in a crop selling price.

Delayed Price Contract

Delayed Price Contracts allow producers a high degree of price flexibility for an extended time period. A service charge may or may not be used during the marketing year. If a service charge is being used, a price increase must be expected to offset this expense.

Minimum/ Maximum Price Contract

Minimum and maximum price contracts are a very safe opportunity for the producer to participate in market movement for further profit. The producer should use when he anticipates a favorable market move that will enhance his base price but wants to market and lock in a minimum or maximum price.

Basis Contract

Basis contracts are similar to forward cash contracts in that they allow the producers to lock in a future delivery price, but only partially. The partially fixed price is basis: the difference between cash and futures; with the futures to be fixed at a later time.

Hedge To Arrive Contract

Hedge-to-arrive contracts are the reverse of a basis contract. Use this contract when futures are high and believe futures will drop and simultaneously basis is wide and should narrow.

Deferred Payment Contract

Deferred payment contracts are used to defer tax liability to another tax year. Please consult your tax accountant for proper application.

Average Price Contract

Average price contracts are used to even out the ups and downs of a volatile market. The producer commits a specific number of bushels to a location at harvest time, and an average futures price is created over the pricing period. The producer can set the basis at any time up until delivery. Contact a merchandiser for details and the deadline to enroll.

Futures

@CN0
@CN0
CORN
Symbol Last Open Close High Low Change
Jul '20 @C0N 3.2900 3.2425 3.2900 3.2950 3.2400 0.0500
Sep '20 @C0U 3.3325 3.2850 3.3325 3.3375 3.2825 0.0475
Dec '20 @C0Z 3.4275 3.3825 3.4275 3.4275 3.3775 0.0450
Mar '21 @C1H 3.5500 3.5050 3.5500 3.5500 3.5025 0.0450
May '21 @C1K 3.6125 3.5725 3.6125 3.6150 3.5675 0.0400
Jul '21 @C1N 3.6625 3.6225 3.6625 3.6675 3.6150 0.0375
SOYBEANS
Symbol Last Open Close High Low Change
Jul '20 @S0N 8.6775 8.5700 8.6775 8.7325 8.5525 0.1025
Aug '20 @S0Q 8.6875 8.5825 8.6875 8.7350 8.5725 0.0975
Sep '20 @S0U 8.7025 8.5975 8.7025 8.7450 8.5825 0.0975
Nov '20 @S0X 8.7675 8.6575 8.7675 8.7975 8.6450 0.1050
Jan '21 @S1F 8.8150 8.7000 8.8150 8.8350 8.6850 0.1100
Mar '21 @S1H 8.7900 8.6575 8.7900 8.8125 8.6450 0.1225
WHEAT
Symbol Last Open Close High Low Change
Jul '20 @W0N 5.2375 5.1225 5.2375 5.2900 5.1200 0.1175
Sep '20 @W0U 5.2750 5.1600 5.2750 5.3275 5.1575 0.1175
Dec '20 @W0Z 5.3675 5.2625 5.3675 5.4225 5.2600 0.1075
Mar '21 @W1H 5.4625 5.3575 5.4625 5.5125 5.3575 0.1050
May '21 @W1K 5.5050 5.3975 5.5050 5.5475 5.3975 0.1075
Jul '21 @W1N 5.4700 5.3675 5.4700 5.5100 5.3675 0.1075
LIVE CATTLE
Symbol Last Open Close High Low Change
Jun '20 @LE0M 95.725 95.325 95.725 96.000 95.175 0.275
Aug '20 @LE0Q 97.925 97.275 97.925 98.250 97.075 0.575
Oct '20 @LE0V 100.875 99.800 100.875 101.125 99.800 0.900
Dec '20 @LE0Z 105.025 103.800 105.025 105.200 103.725 1.050
Feb '21 @LE1G 109.000 107.875 109.000 109.175 107.700 0.950
Apr '21 @LE1J 111.450 110.250 111.450 111.550 110.000 1.125
LEAN HOGS
Symbol Last Open Close High Low Change
Jun '20 @HE0M 48.425 48.525 48.425 48.900 46.450 -0.225
Jul '20 @HE0N 53.575 53.425 53.575 54.250 52.925 0.100
Aug '20 @HE0Q 55.775 54.800 55.775 56.150 54.100 0.875
Oct '20 @HE0V 52.125 51.125 52.125 52.525 50.600 1.075
Dec '20 @HE0Z 52.825 52.025 52.825 53.075 51.700 0.900
Feb '21 @HE1G 59.725 59.000 59.725 59.925 58.275 0.875
MILK CLASS III
Symbol Last Open Close High Low Change
Jun '20 @DA0M 20.21 19.89 20.21 20.27 19.83 0.38
Jul '20 @DA0N 18.99 18.74 18.99 19.04 18.66 0.31
Aug '20 @DA0Q 17.56 17.35 17.56 17.59 17.34 0.20
Sep '20 @DA0U 17.07 17.10 17.07 17.10 16.98 0.05
Oct '20 @DA0V 16.86 16.79 16.86 16.90 16.79 0.00
Nov '20 @DA0X 16.70 16.71 16.70 16.71 16.65 0.04
DTN Click here for info on Exchange delays.

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Grain Locations