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 |
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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.
- Soybeans Rally at Midweek
- Soybeans were in rally mode on Wednesday, with the $10 area holding. Contracts were up 18 to 19 cents at the close. The cmdtyView national average Cash Bean price is up 19 cents at $9.75 1/4. Soymeal futures were up $2.20/ton, as Soy Oil was 20 to 24 points higher....
- Wheat Sees Modestly Mixed Trade on Wednesday
- Wheat posted mixed trade on Wednesday, with most contracts hard red contracts lower and soft red heading higher. Chicago SRW wheat was mostly 3 to 4 higher, vs. losses on Tuesday. KC HRW futures were fractionally to a penny lower across the front months. MPLS spring wheat futures were down...
- Cattle Rally to Contract Highs Despite Beef Losses
- Live cattle futures posted contract highs on Wednesday, with contracts closing up $1.40 to $1.50. Cash trade has yet to kick off this week, with southern bids near $225-228 and the North at $235. Some light trade was picked up in KS at $2.30 Feeder cattle closed out the Wednesday...
- Cotton Slips Weaker on Wednesday
- Cotton price action was down 1 to 26 points across most contracts on Wednesday. Thinly traded October was down the hardest. Crude oil was up a dime per barrel at $66.62, with the US dollar index giving back strong early week gains today, down $0.320 to 97.990. The Seam showed...
- Hogs Rally Back on Wednesday
- Lean hog futures posted gains of 50 cents to $1.30 on the Wednesday session. USDA’s national base hog price had a weighted average of $112.60 on Wednesday afternoon, up $3.02 from the day prior. The CME Lean Hog Index was down 6 cents at $107.19 on July 14. USDA’s FOB...
- Corn Bulls Post Gains on Wednesday
- Corn futures extended the strength on Wednesday, as contracts were 4 to 5 cents in the green at the final bell. The front month CmdtyView national average Cash Corn price was up 4 1/4 cents at $3.92 3/4. EIA data released this morning put average daily ethanol production at 1.087...
7/14/2025
Grains and oilseeds cautiously higher to start the week.
- China's soybean imports hit the highest level ever for the month of June, a Reuters calculation of customs data showed on Monday, driven by a surge in shipments from top supplier Brazil. The world's largest soybean buyer brought in 12.26 million metric tons in June, up 10.35% from 11.11 million tons a year earlier. "June's import surge was fuelled by a strong Brazilian harvest and increased buying of Brazilian beans amid ongoing China-U.S. trade tensions," said Wan Chengzhi, an analyst at Capital Jingdu Futures. According to shipping data provider Kpler, China imported 9.73 million tons of soybeans from Brazil in June, while shipments from the U.S. totalled just 724,000 tons. Official origin data is expected to be released on July 20.
- The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1. Trump stepped up his trade war on Saturday, saying he would impose a 30% tariff on most imports from the EU and Mexico from next month, adding to similar warnings for other countries including Asian economic powerhouses Japan and South Korea. White House Economic Adviser Kevin Hassett said on Sunday that countries' trade deal offers so far have not satisfied Trump and "the tariffs are real" without improvements to their proposals. "The president thinks that deals need to be better," Hassett told ABC's This Week program. "And to basically put a line in the sand, he sent these letters out to folks, and we'll see how it works out."
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China, the world’s top meat buyer, imported 533,000 tonnes of meat in June, up 3.9 % on prior month, General Administration of Customs data showed. Meat imports for January to June were 3.20 million tonnes, down 2.7% on a year ago.
- The Taiwan Flour Millers' Association has issued an international tender to purchase an estimated 89,650 metric tons of grade 1 milling wheat to be sourced from the United States, European traders said on Monday. The deadline for submission of price offers in the tender is Wednesday, July 16. The tender seeks a range of different wheat types in two consignments for shipment from the U.S. Pacific Northwest coast. One consignment of 44,575 tons was sought for shipment between September 14-28, they said. A second consignment of 45,075 tons was sought for shipment between October 2-16.
- The USDA took the EPA’s proposed fuel mandate to heart, boosting the amount of soybean oil used in 25/26 biofuel production by 1.6 billion pounds to 15.5 billion. That’s up 26+% from the 12.26 billion total forecast for the current year. To keep the balance sheet relatively unscathed, 25/26 SBO exports were slashed 1 billion to 700 million. It promises to be an interesting year for veg oil prices; Brazil exports were cut 220 mil lbs as well.
CORN:
- Export Inspections report at 10:00 am CDT. Corn—66.0 needed; 58.7 last week. Milo—2.7/0.35
- USDA Crop Progress report preview:
- corn silking as of July 6 was 18% & the average increase from July 6-13 is ~18%; 5-year average for July 13 is ~33% and 2024 was ~39%
- corn dough as of July 6 was 3% & the average increase from July 6-13 is ~3%; 5-year average for July 13 is ~5% and 2024 was ~7%
- ATI Research: bias is 24/25 U.S. corn exports could edge up even a bit more from Friday’s 2.750 bbu USDA forecast. At the other end of the spectrum, 25/26 exports at 2.675 bbu still seem high—more so with 1 MMT or so of the Brazil program likely pushed into new crop.
- The Funds sold 7 K—no surprises in Friday’s July WASDE
SOYBEANS:
- Weekly Export Inspections at 10:00 am CDT: 20.6 needed; 14.3 last week
- USDA Crop Progress report preview:
- beans blooming as of July 6 was 32% & average increase from July 6-13 is ~16%; 5-year average for July 13 is ~47% & 2024 was ~49%
- beans setting pods on July 6 was 8% & average increase from July 6-13 is ~8%; 5-year average for July 13 is ~14% & 2024 was ~17%
- ATI Research: agree with USDA’s higher old & new-crop export forecasts in Friday’s Supply/Demand report as Brazil becomes less competitive & there has been a recent pick-up in foreign buying of U.S. beans.
- Funds sold 5 SB, 2SM, bot 4 BO. July Crush, +$.15 @ $1.83
MACRO:
- Mexico and European Union hit with 30% tariffs. Stock indices lower.
- Wall Street Futures - Weaker: Dow, -147; S&P, -20.25; NAS, -77
- Asia - Mixed: Nikkei, -0.28%; Shanghai, +0.27%; Hang Seng, +0.26%
- EUROPE - Timidly Better: DAX, UNC; FTSE, +0.48%; CAC +0.41%
- August Gold: +$18.6 @$3,383 August Crude Oil: +$1.07 @$69.52 Sep U.S. Dollar Index: -0.019 @97.529