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
3.71 -0.50
3.55 -0.55
SOYBEANS
10.88 -0.75
9.58 -0.80
WHEAT
5.11 -0.65
5.15 -0.65
OATS
2.45 -0.62

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 4.1700 4.2225 4.1700 4.2275 4.1575 -0.0550
Mar '21 @C1H 4.2050 4.2600 4.2050 4.2675 4.1925 -0.0600
May '21 @C1K 4.2325 4.2825 4.2325 4.2875 4.2200 -0.0550
Jul '21 @C1N 4.2400 4.2900 4.2400 4.2925 4.2275 -0.0550
Sep '21 @C1U 4.1050 4.1250 4.1050 4.1350 4.0775 -0.0200
Dec '21 @C1Z 4.1025 4.1075 4.1025 4.1150 4.0700 -0.0050
SOYBEANS
Symbol Last Open Close High Low Change
Jan '21 @S1F 11.6300 11.6800 11.6300 11.7250 11.5775 -0.0525
Mar '21 @S1H 11.6500 11.6975 11.6500 11.7450 11.6000 -0.0525
May '21 @S1K 11.6375 11.6775 11.6375 11.7250 11.5875 -0.0450
Jul '21 @S1N 11.6075 11.6400 11.6075 11.6925 11.5550 -0.0425
Aug '21 @S1Q 11.4075 11.4400 11.4075 11.4725 11.3550 -0.0375
Sep '21 @S1U 10.8450 10.8600 10.8450 10.8900 10.8050 -0.0175
WHEAT
Symbol Last Open Close High Low Change
Dec '20 @W0Z 5.6650 5.6375 5.6650 5.6475 5.6375 -0.0525
Mar '21 @W1H 5.7550 5.8500 5.7550 5.8550 5.7525 -0.0900
May '21 @W1K 5.7875 5.8700 5.7875 5.8875 5.7850 -0.0900
Jul '21 @W1N 5.7950 5.8750 5.7950 5.8800 5.7850 -0.0800
Sep '21 @W1U 5.8375 5.9075 5.8375 5.9175 5.8250 -0.0775
Dec '21 @W1Z 5.9225 5.9875 5.9225 6.0075 5.9100 -0.0775
LIVE CATTLE
Symbol Last Open Close High Low Change
Dec '20 @LE0Z 108.875 109.400 108.875 109.400 107.975 -0.725
Feb '21 @LE1G 112.400 112.425 112.400 112.525 111.150 -0.175
Apr '21 @LE1J 116.175 116.100 116.175 116.475 115.225 -0.125
Jun '21 @LE1M 111.050 111.025 111.050 111.375 110.300 -0.225
Aug '21 @LE1Q 110.625 110.575 110.625 110.850 109.800 -0.225
Oct '21 @LE1V 114.450 114.425 114.450 114.550 113.550 -0.150
LEAN HOGS
Symbol Last Open Close High Low Change
Dec '20 @HE0Z 65.875 65.450 65.875 65.950 64.600 -0.150
Feb '21 @HE1G 66.575 66.200 66.575 66.700 64.600 -0.350
Apr '21 @HE1J 70.500 69.650 70.500 70.575 68.525 0.025
May '21 @HE1K 75.125 74.600 75.125 75.075 73.850 -0.175
Jun '21 @HE1M 80.875 80.750 80.875 80.925 79.475 -0.250
Jul '21 @HE1N 81.450 81.275 81.450 81.550 80.250 -0.200
MILK CLASS III
Symbol Last Open Close High Low Change
Dec '20 @DA0Z 15.35 15.45 15.35 15.55 15.32 -0.10
Jan '21 @DA1F 15.72 16.05 15.72 16.18 15.68 -0.26
Feb '21 @DA1G 16.42 16.64 16.42 16.82 16.40 -0.13
Mar '21 @DA1H 16.70 16.80 16.70 16.99 16.65 -0.05
Apr '21 @DA1J 16.72 16.86 16.72 16.99 16.67 -0.08
May '21 @DA1K 16.78 16.89 16.78 16.95 16.76 -0.08
DTN Click here for info on Exchange delays.

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Grain Locations