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

Grain Market Update 11-20-20
Grain Market Update 11-20-20

11/20/2020 11:08:39 PM

McKayla goes over the grain market update for the week ending in 11-20-20....

Cedar Grv/Random Lk


 
Cash Bid
New Crop 2021
New Crop 2021
CORN
3.70 -0.50
3.56 -0.55
SOYBEANS
11.09 -0.75
9.70 -0.80
WHEAT
5.28 -0.60
5.32 -0.65
OATS
2.45 -0.41

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

@CZ0
@CZ0
CORN
Symbol Last Open Close High Low Change
Dec '20 @C0Z 4.2000 4.2600 4.2000 4.2750 4.2000 -0.0575
Mar '21 @C1H 4.2750 4.3300 4.2750 4.3475 4.2725 -0.0500
May '21 @C1K 4.3025 4.3575 4.3025 4.3775 4.3000 -0.0550
Jul '21 @C1N 4.3150 4.3675 4.3150 4.3850 4.3125 -0.0500
Sep '21 @C1U 4.1250 4.1500 4.1250 4.1650 4.1175 -0.0225
Dec '21 @C1Z 4.1075 4.1250 4.1075 4.1350 4.1000 -0.0150
SOYBEANS
Symbol Last Open Close High Low Change
Jan '21 @S1F 11.8400 11.9750 11.8400 11.9850 11.8325 -0.0725
Mar '21 @S1H 11.8575 11.9900 11.8575 12.0025 11.8475 -0.0750
May '21 @S1K 11.8400 11.9725 11.8400 11.9850 11.8300 -0.0800
Jul '21 @S1N 11.7975 11.9425 11.7975 11.9450 11.7900 -0.0800
Aug '21 @S1Q 11.5750 11.7150 11.5750 11.7150 11.5700 -0.0775
Sep '21 @S1U 10.9875 11.0975 10.9875 11.1025 10.9750 -0.0700
WHEAT
Symbol Last Open Close High Low Change
Dec '20 @W0Z 5.8825 6.1275 5.8825 6.1650 5.8700 -0.2300
Mar '21 @W1H 5.9650 6.1900 5.9650 6.2275 5.9525 -0.2100
May '21 @W1K 5.9975 6.2025 5.9975 6.2325 5.9825 -0.1900
Jul '21 @W1N 5.9700 6.1200 5.9700 6.1500 5.9525 -0.1500
Sep '21 @W1U 5.9950 6.1425 5.9950 6.1625 5.9775 -0.1425
Dec '21 @W1Z 6.0675 6.2175 6.0675 6.2250 6.0525 -0.1350
LIVE CATTLE
Symbol Last Open Close High Low Change
Dec '20 @LE0Z 111.375 111.525 111.375 111.650 110.875 0.200
Feb '21 @LE1G 114.175 114.250 114.175 114.350 113.600 0.225
Apr '21 @LE1J 117.425 117.425 117.425 117.775 116.850 0.275
Jun '21 @LE1M 112.325 112.200 112.325 112.425 111.550 0.425
Aug '21 @LE1Q 111.600 111.250 111.600 111.700 110.800 0.450
Oct '21 @LE1V 114.975 114.875 114.975 115.325 114.625 0.150
LEAN HOGS
Symbol Last Open Close High Low Change
Dec '20 @HE0Z 66.175 65.400 66.175 66.325 64.925 0.875
Feb '21 @HE1G 67.675 66.900 67.675 67.850 66.525 0.925
Apr '21 @HE1J 70.750 70.250 70.750 70.900 70.075 0.525
May '21 @HE1K 75.800 75.225 75.800 75.850 75.050 0.625
Jun '21 @HE1M 81.175 80.825 81.175 81.350 80.625 0.350
Jul '21 @HE1N 81.725 81.475 81.725 81.850 81.250 0.300
MILK CLASS III
Symbol Last Open Close High Low Change
Nov '20 @DA0X 23.11 23.14 23.11 23.24 23.10 -0.03
Dec '20 @DA0Z 15.33 15.51 15.33 15.57 15.28 -0.30
Jan '21 @DA1F 16.02 16.29 16.02 16.30 15.99 -0.28
Feb '21 @DA1G 16.28 16.33 16.28 16.38 16.25 -0.12
Mar '21 @DA1H 16.39 16.40 16.39 16.42 16.35 -0.01
Apr '21 @DA1J 16.52 16.45 16.52 16.52 16.45 0.00
DTN Click here for info on Exchange delays.

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Grain Locations