While volatility persists in all market sectors, there will be times that DFE will be taking protection in our bids and/or going no-bid for the protection of our owners.
We ask that customers please call to make grain transactions during active trading hours on the Chicago Board of Trade when DFE is open for business,
Monday through Friday from 7:00 am to 1:20 pm.
Outside of the times listed above, we're happy to work firm offers for grain marketing needs.
Please work with DFE staff for all of your grain marketing needs. We appreciate your loyalty!
Click Here for Our 2024 Harvest Policies
| Delivery Start | Delivery End | Cash Price | Basis | Futures Price | Futures Change |
|---|---|---|---|---|---|
| Corn | |||||
| Soybeans |
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
- Wheat Fades Lower to Kick Off Thanksgiving Week, as Conditions Improve
- Wheat showed up to this week’s Thanksgiving prelude with weakness across the three markets. Chicago SRW futures were down 7 ½ to 10 ¼ cents across the board. KC HRW contracts were 7 ¾ to 10 ¾ cents lower on the session. MPLS spring wheat was down 5 to 5...
- Cotton Rallies as Dollar Falls
- Cotton futures closed out the trade session with gains of 53 to 95 points on Monday. The outside markets were mixed, as the US dollar index is down 667 points. Crude oil futures are down $2.15/barrel. The last NASS Crop Progress report of the year showed the US cotton harvest...
- Soybeans Hold Gains on Monday with Meal Pop
- The soybean market held the gains to start the week, with contracts up 1 ¾ to 3 ½ cents on Monday. CmdtyView’s national front month Cash Bean price was up 2 cents at $9.35. Soymeal futures were up $2.50 to $4.50/ton on the day. Soy Oil futures were down 40...
- Cattle Close Mixed After Feeders Gap Higher
- Live cattle futures were mixed at the Monday close, as contracts were down 7 to 50 cents in the nearbys and deferreds up 2 to 25 cents. Cash trade settled in last week at $186-188, with most trade hovering at $187. Feeder cattle held the gains after gapping on the...
- Hogs Posts Gains to Start Turkey Week
- Lean Hog bulls were taking the reins to start the short week, with gains of 7 to 30 cents at the close. The national average base hog negotiated price was not reported Monday afternoon, with the 5-day rolling average at $83.31. The CME Lean Hog Index was reported at $87.01...
- Corn Slips Lower on Monday
- Corn posted weakness to close out the Monday session, with contracts down anywhere from ¾ to 3 ¾ cents. The national average Cash Corn price from cmdtyView was down 1 cent at $4.02 3/4 per bu. USDA reported a private export sale of 454,090 MT of corn to Mexico this...
11/25/24 Commentary:
Brazil’s soybean line-up declined 400 K MT the past week to 1.3 million (63 million bu.) and is a little more than 1/3rd of 2023’s 5.4 million metric tons total. Corn eased 47 K to 3.5 million metric tons (141 million bu.) and is barely 40% of 2023’s 8.3 million metric tons figure. The current line-up for both suggests November soybean exports of 2.7 million metric tons, down from 4.2 in 2023. Corn exports area forecast at 50% of LY’s 7.4 November total or, 3.7 million metric tons.
CORN:
- Export Inspections at 10 am CST. Corn—46.9 needed; 32.3 last week. Milo—4.5 needed; 2.47 last week
- Early corn across South America to see increased rain near-term
- 73% in Argentina to see normal to above normal rain next 14 days
- 88% in Brazil to see normal to above normal rain next 14 days
- December 2024 corn futures closed at $4.2550 on Fri.; one year ago, December 2023 corn futures closed at $4.6325
- Argentina’s October corn exports slipped to 2.7 million metric tons from 3.0 million metric tons in September, while exceeding 1.4 million metric tons shipped in 2023
- year-to-date exports of 26.3 million metric tons on pace to reach USDA est of 33.0
- The Funds sold 2 K, corn remains range bound, new fundamentals lacking
SOYBEANS:
- December soyoil futures closed at 41.77 on Fri., which is the lowest settlement price since Oct. 16
- Export Inspections report to be released at 10:00 am CST. Beans—28.2 needed; 79.6 last week
- January 2025 bean futures closed at $9.8350 on Fri.; one year ago, January 2024 bean futures closed at $13.3075
- Argentina’s soybean meal exports are running ~4.5 million metric tons above last year
- October crush was another record at 4.1 million metric tons, which is 2.3 more than last year’s drought-reduced total
- Funds bot 3 SB, 2 SM, sold 2 BO. Dec crush: -$.07 @ $1.12
FINANCIALS:
Scott Bessent, Treasury Secretary nominee boosts futures.
WALL STREET FUTURES - Firmer:
Dow, +294; S&P, +29; NAS, +114
Asia - Mostly weaker:
Nikkei, +1.3%; Shanghai, +0.15%;
Hang Seng, -0.41%
EUROPE - Firmer:
DAX, +0.92%; FTSE, +0.05%; CAC +0.58%
December Gold: $-26.6 @2,686
January CRUDE: $-0.22 @$71.02
Dec U.S. Dollar Index: -0.592 @107.507
