As this page is opened or refreshed, cash prices are current, based on the 10-minute delay CBOT quotes listed below. Cash prices reflect the electronic trade, including the overnight trade.
Grain price info
Corn price limits - 40 cents; soybean price limits - 70 cents. Daily price limits can expand twice, by approximately 50% each time, when the price of two or more futures contract months within the same crop year closes at the limit (up or down): when the daily limit conditions are met, expanded limits on the 1st day would be corn 60 cents, wheat 90 cents, and beans $1.05; expanded limits on the 2nd day would be corn 90 cents, wheat $1.35, and beans $1.60. Daily price limits for these commodities will revert to their previous levels when no futures contract month for that commodity closes at limit bid or limit offer that day. Electronic trade opens at 6:00 pm and closes at 7:15 am; daytime electronic and open outcry trades from 9:30 am to 1:15 weekdays.
Futures
@C - CORN - CBOT
Month
Last
High
Low
Change
Open
Time
More
Mar 12
641'6s
642'2
631'0
7'2
633'4
02:43P
May 12
647'4s
648'0
636'4
7'4
639'0
03:14P
Jul 12
651'0s
651'6
640'4
7'2
643'2
02:47P
Sep 12
594'0s
594'4
587'0
5'2
588'0
01:40P
Dec 12
571'0s
571'6
564'0
5'0
566'0
02:47P
Mar 13
583'0s
583'2
576'4
4'6
577'2
01:40P
@S - SOYBEANS - CBOT
Month
Last
High
Low
Change
Open
Time
More
Mar 12
1219'0s
1225'6
1215'0
-3'6
1221'6
02:50P
May 12
1228'4s
1235'0
1224'6
-3'4
1231'0
01:40P
Jul 12
1238'2s
1244'2
1234'4
-3'4
1239'6
01:40P
Aug 12
1236'2s
1238'6
1233'4
-3'2
1238'6
01:40P
Sep 12
1228'2s
1231'6
1225'0
-1'4
1231'4
01:40P
Nov 12
1222'2s
1225'0
1217'4
0'4
1219'6
02:52P
Jan 13
1229'2s
1230'0
1225'2
0'4
1228'2
01:40P
Mar 13
1234'6s
1235'0
1231'6
0'2
1234'4
01:40P
@W - WHEAT - CBOT
Month
Last
High
Low
Change
Open
Time
More
Mar 12
647'2s
656'4
645'0
-6'2
653'2
03:12P
May 12
661'6s
668'6
659'2
-5'0
665'4
01:40P
Jul 12
674'6s
681'0
673'2
-5'2
677'0
01:40P
EB - BRENT CRUDE - IPE
Month
Last
High
Low
Change
Open
Time
More
Mar 12
111.50
111.99
110.49
0.71
111.00
03:14P
Apr 12
111.29
111.71
110.30
0.68
110.78
03:14P
May 12
111.01
111.43
110.18
0.54
110.62
03:14P
DJ - DJ INDUSTRIAL AVERAGE - CBOT
Month
Last
High
Low
Change
Open
Time
More
Mar 12
12620.00
12650.00
12577.00
- 64.00
12620.00
03:14P
Jun 12
12615.00s
0.00
0.00
- 4.00
0.00
01/26
Sep 12
12552.00s
0.00
0.00
- 4.00
0.00
01/26
My Custom Markets
Symbol
Last
High
Low
Change
Open
Time
More
Decatur direct
For our customers hauling direct to Decatur
ADM - Friday 01/27/12
Corn: 6am-4pm
Beans: 6am-2pm Hours are subject to change; please confirm
Agrisure Viptera™ - Topflight Grain is asking that you please notify us if you are growing corn with the Agrisure Viptera™ trait.Topflight Grain will take corn with this trait; However, it is most imperative that we get this corn adequately separated from other corn within our system. The concern revolves around the fact that this trait is NOT approved for China and is not approved for food or feed usage in the EU. Corn processors in our area have stated they will NOT take corn with this trait for fear it will end up in their DDG products shipped to China. Topflight Grain is asking that you please let us know if you are growing corn with this trait so a.) we know how much to plan for, b.) we can be sure we are shipping it to approved destinations. We are not there yet, but testing may occur to inbound corn if necessary at the processor (which will reject) and elevator (we just need to separate it from other corn) levels. Let’s try to work together to make this situation be as easy as possible for everyone. Thank you!!
Morning Comments
Jan 27 7:45 am
Good Morning.
Corn up 5, beans unchanged.
Quiet mixed trade overnight. The outside markets were mixed with the dollar weaker and crude higher. No rains in Brazil or Argentina yesterday, but that was expected. This morning’s forecast has a little more rain in it. GDP numbers released this morning were a little weaker than expected and showed a gain of 2.8 compared to the gain of 3 percent expected.
S American Outlook: No precipitation was seen in central Brazilian areas and south into Argentina yesterday as expected. The forecasts in both the GFS and Euro models are unchanged from midday/late yesterday, though this morning’s forecast is wetter than what was seen early yesterday. The Euro remains much broader with general heavy precipitation in most key South American areas than any of the GFS runs. Temps remain very warm but under the extreme levels, similar to yesterday runs.
World stocks fell from a 5-1/2 month high on Friday as gains spurred by the Federal Reserve's pledge of low interest rates gave way to concerns about Portugal, seen as the next domino in the euro zone crisis, and uncertainty over Greek debt talks. Portuguese five- and 10-year government bond yields were set to remain under pressure after hitting euro-era highs on Thursday as fears grow that the country may follow Greece in requiring another bailout or seeking to restructure its debt. Athens is locked in tough negotiations with its private creditors on a restructuring it needs quickly to avert a disorderly default when a major bond redemption falls due in March. Greece's bondholders are demanding the European Central Bank contribute to a deal to put the country's messy finances back on track. Italian and Spanish bond yields are down 18-22 basis points today.
S Korea bought 110,000 t of feed wheat, but results from the same tender for 250,000 t of May/June arrival corn are only partial known, so far 110,000 t of corn sales have been announced but all results are not finalized yet.
Japan bought 150,191 t of wheat in their weekly tender, of which 52,928 t was from the US, the Iraqi Grain Board has issued an international tender to purchase at least 50,000 tons of wheat from any origin excluding the United States and Romania, European traders said on Friday. Shipment dates were not given. Bidding deadline was Feb. 5 and offers must remain valid until Feb. 9.
Temps in some of the grain areas in northern Ukraine into the Russian wheat areas may fall to -20 degrees or lower next week, it appears there is a at least 6-8” of snow in most areas in Russia that will see the temps, however in Ukraine only 2-4” of snow coverage is seen.
Early calls are mixed.
Have a great day!
Adam Jackson
Grain Originator :: Topflight Grain Cooperative, Inc.
420 W. Marion :: Monticello, Illinois
phone :: (217) 762-2163
email :: ajackson@topflightgrain.com
web :: www.topflightgrain.com
Evening comments
Good Thursday Afternoon.
Corn unchanged, Beans up 9.
Grains closed mostly higher but off session highs. Higher US cash corn basis continued to offer support to corn futures. Uncertainty over Middle east tension may have slowed new speculative buying and triggered some midsession long liquidation. Improved South America weather triggered some selling around mid-day. We could open a little lower as the outside markets have weakened this afternoon.
Have a good evening.
Adam Jackson
Grain Originator :: Topflight Grain Cooperative, Inc.
420 W. Marion :: Monticello, Illinois
phone :: (217) 762-2163
email :: ajackson@topflightgrain.com
web :: www.topflightgrain.com
