Grain Wawaka

August 12th USDA Supply/Demand and Production

NEW MARKET LIMITS :  Corn limit .25cents and expanded .40cent.

Soybeans .70cents and $1.05 expanded limit

"Beginning in January 2013, USDA will release several major statistical reports at 11 a.m. Central Time, including the World Agricultural Supply and Demand Estimates, Acreage, Crop Production, Grain Stocks, Prospective Plantings, and Small Grains Summary." -USDA

News & Events

NEW CME TRADING HOURS

8:00 at night until 8:45 the following morning. Then the market stops trading from 8:45 to 9:30 At 9:30 the market resumes trading, closing now at 2:15 

* We will continue our policy of only pricing grain
while the market is trading. Spots across the scales will be at the most recent
price, even if the market is not trading. At my option, we reserve the right to
not price spots across the scales during times the market doesn't trade. *

Market Snapshot
Quotes retrieved on August 04, 2015, 10:48:23 AM CDT
Cash Bids Wawaka
Name Delivery Start Delivery End Basis Month Notes Basis Cash Price

View all cash prices...
Quotes retrieved on August 04, 2015, 10:48:23 AM CDT
Weather Outlook

Wawaka, Indiana (46794)

Current Conditions: Sunny
Temperature: 73°F Dew point: 57°F
Humidity: 57% Pressure: 29.97 in. Hg
Wind: 5 mph From: West

Zip Code:

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Commentary
Wheat -

Wheat futures are trading mostly 3 to 5 cents higher this morning. Prices were lower on Monday because the news hit their Achilles heel.

Soybeans -

Soybean futures are mostly 8 to 9 cents higher, but August is up a nickel.  USDA YTD export inspections are 212 million bushels above last

Cattle -

Live cattle futures posted solid gains yesterday, led by August cattle at $148 and up $2.30 on the session.  Cash cattle trade last week

Lean Hogs -

Lean hog futures were 82 to 170 cents higher on Monday after most contracts posted triple digit losses from Friday.  The CME Lean Hog Index

Corn -

Corn futures are trading 3 to 4 cents higher this morning after losing 4 to 5 cents on Monday. The national average basis strengthened by 5 3/4

Ag Market Commentary -

Corn futures are trading 3 to 4 cents higher this morning after losing 4 to 5 cents on Monday. The national average basis strengthened by 5 3/4

Full commentary...