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 Report 4-30-21
Grain Market Report 4-30-21

4/30/2021 7:23:40 PM

Grain Merchandiser, Brad, takes use through the markets for the week ending on 4-30-21....

Cedar Grv/Random Lk


 
5/31/21
New Crop 2021
New Crop 2021
CORN
6.87 -0.30
5.58 -0.55
SOYBEANS
15.08 -0.45
13.20 -0.70
WHEAT
6.92 -0.55
6.82 -0.65
OATS
3.00 -1.23
2.80 -1.18

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

@CK1
@CK1
CORN
Symbol Last Open Close High Low Change
May '21 @C1K 7.6175 7.6100 7.5325 7.6750 7.6100 0.0850
Jul '21 @C1N 7.1725 7.0950 7.0850 7.2250 7.0950 0.0875
Sep '21 @C1U 6.3625 6.3300 6.3100 6.4125 6.3175 0.0525
Dec '21 @C1Z 6.1325 6.0800 6.0475 6.1575 6.0500 0.0850
Mar '22 @C2H 6.1575 6.0875 6.0850 6.1875 6.0825 0.0725
May '22 @C2K 6.1500 6.1000 6.0975 6.1850 6.0950 0.0525
SOYBEANS
Symbol Last Open Close High Low Change
May '21 @S1K 15.8200 15.9125 15.8200 15.9125 15.7375 0.0500
Jul '21 @S1N 15.5325 15.4700 15.4225 15.5500 15.4300 0.1100
Aug '21 @S1Q 15.0075 14.9575 14.9150 15.0225 14.9225 0.0925
Sep '21 @S1U 14.2500 14.2500 14.1550 14.2950 14.1725 0.0950
Nov '21 @S1X 13.8975 13.8875 13.8275 13.9675 13.8300 0.0700
Jan '22 @S2F 13.8750 13.8500 13.8050 13.9425 13.8300 0.0700
WHEAT
Symbol Last Open Close High Low Change
May '21 @W1K 7.6000 7.6100 7.5575 7.6100 7.6000 0.0425
Jul '21 @W1N 7.4725 7.4675 7.4450 7.5025 7.4525 0.0275
Sep '21 @W1U 7.4600 7.4600 7.4400 7.4950 7.4500 0.0200
Dec '21 @W1Z 7.4800 7.4725 7.4600 7.5175 7.4675 0.0200
Mar '22 @W2H 7.5150 7.5050 7.4950 7.5475 7.5050 0.0200
May '22 @W2K 7.4300 7.4350 7.4300 7.4350 7.4300 0.0000
LIVE CATTLE
Symbol Last Open Close High Low Change
Jun '21 @LE1M 114.425 113.450 114.425 114.550 113.100 1.400
Aug '21 @LE1Q 117.725 116.950 117.725 118.000 116.675 1.100
Oct '21 @LE1V 123.100 122.000 123.100 123.375 121.750 1.350
Dec '21 @LE1Z 127.225 125.925 127.225 127.400 125.575 1.650
Feb '22 @LE2G 130.375 128.875 130.375 130.450 128.700 1.650
Apr '22 @LE2J 132.500 131.050 132.500 132.600 130.775 1.550
LEAN HOGS
Symbol Last Open Close High Low Change
May '21 @HE1K 111.375 111.050 111.375 111.525 110.650 0.225
Jun '21 @HE1M 114.425 113.950 114.425 114.575 112.550 0.875
Jul '21 @HE1N 114.475 113.875 114.475 114.725 112.500 1.050
Aug '21 @HE1Q 109.800 108.900 109.800 109.950 107.725 1.325
Oct '21 @HE1V 91.875 91.225 91.875 92.175 90.250 1.050
Dec '21 @HE1Z 83.800 83.250 83.800 83.950 82.500 0.775
MILK CLASS III
Symbol Last Open Close High Low Change
May '21 @DA1K
Jun '21 @DA1M
Jul '21 @DA1N
Aug '21 @DA1Q
Sep '21 @DA1U 19.67 19.67 19.67 19.67 19.67 0.00
Oct '21 @DA1V 19.39 19.39 19.39 19.39 19.39 0.09
DTN Click here for info on Exchange delays.

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Grain Locations