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!
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Danvers location only Cash Bids
| Delivery Start | Delivery End | Cash Price | Basis | Futures Price | Futures Change |
|---|---|---|---|---|---|
| Corn | |||||
| Soybeans |
Quotes are delayed, as of February 18, 2025, 10:25:23 AM CST or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Ag Commentary
- Hogs Shift Focus to Fresh Week of Trade
- Lean hog futures felt some pressure on Friday, as contracts closed down 50 to 62 cents. Expiring February was up a dime. USDA reported the national average base hog negotiated price at $89.51 on Monday afternoon up $1.28 from the previous day. The CME Lean Hog Index was another 71...
- Corn Starting Off the Week with Gains
- The corn market is trading with 1 to 3 cents higher trade so far on Tuesday morning. Corn futures got some spillover support from the wheat market on Friday, as futures were up fractionally to 3 cents higher. March was up 8 ¾ cents on the week. The CmdtyView’ national...
- Cattle Look to New Week After Friday Losses
- Live cattle futures fell weaker on the Friday session, with losses of $1.80 to $2.27. February was $3.025 lower last week. Cash trade for the week settled in at $202-203 in the South and $203 in the North down from $205 and $208 respectively last week. Feeder cattle futures headed...
- Wheat Back to Weaker Action on Tuesday AM
- The wheat complex is facing weakness on Tuesday morning, with the three main markets lower. Wheat was rallying across all three exchanges on Friday. Chicago SRW futures were up 20 to 23 cents in the front months, with March up 17 ¼ cents last week. KC HRW futures rallied 20...
- Soybeans Sneaking Higher on Tuesday Morning
- Beans are trading with 1 to 2 cent gains so far on Tuesday morning. Soybeans gained some strength on Friday, with contracts popping 5 to 7 cents higher in the nearbys. March was still down 13 ½ cents on the week. The national front month The national front month Cash...
- Cotton Rallying to Start Tuesday Trade
- The cotton market is showing gains of 62 to 77 points this morning. Cotton prices closed out last week with Friday gains of 23 to 33 points. March was up 148 points on the week. Crude oil futures were down 75 cents/barrel on the day, with the US dollar index...
Local Weather
AG - News, Notes & Nugs
2/18/2025
Grain markets are up this morning, flirting with resistance levels again. Can we break through $5.00 CH 25 futures?
- Brazil's soybean harvest for the 2024/25 season reached 23% of the planted area as of last Thursday, agribusiness consultancy AgRural said on Monday, up 8 percentage points from the previous week. At the same time last year, 32% of the total area had been reaped, AgRural added. Delays to reap the soy affects planting of Brazil's second corn crop, which is cultivated in the same areas as oilseed and represents about 75% of national production in a given year.
- Rainfall recorded over the weekend in Argentina was crucial in preventing further losses in the 2024/25 soybean and corn cycle, the Rosario grains exchange said in a report on Monday. The exchange cut its soybean and corn harvest estimates last week to 47.5 million and 46 million metric tons respectively due to the impact of a drought in January. Argentina, the world's top exporter of soyoil and meal and the third-largest exporter of corn, has seen better-than-expected rains in the first half of February, which have boosted water levels in dried-up areas in the core farming regions.
- Canada has reported an outbreak of highly pathogenic H5N5 avian influenza on a non-commercial backyard layer poultry farm in the eastern part of the country, the World Organization for Animal Health said on Tuesday. The spread of avian influenza, commonly called bird flu, has ravaged flocks around the world, disrupting supply and fuelling higher food prices. Its spread to mammals, including dairy cows in the United States, has raised concerns among governments about a risk of human transmission.
- Cool weather dominates through Wed.-Thu. in Argentina, as highs stay in the 70s-80s, followed by one week of heat with 90s-100s common. Most areas will be dry over the next five days after thunderstorms through Tue. in the north, followed by scattered thunderstorms south (where they are most needed) Sat.-Mon. (Feb. 22-24), and then across a wider area in 7 to 10 days as a cool front approaches / passes and breaks heat next Tue.-Thu. (Feb. 25-27). The likely result is for 1.25”- 2.50” over the next 14 days, which is less than the ~2.25” that is normal, but with best rains focused on the south and with the most benefit (since most fell to the north in recent days/weeks).
CORN:
- Export Inspections to be released at 10 am CST. Corn—51.4 needed; 52.5 last week. Milo—5.4 needed; 0.09 last week
- Consultant: Brazil 24/25 corn production estimate is unchanged this week at 123.0 MMT; neutral to lower bias going forward • safrinha corn was 36% planted nationwide as of late last week compared to 59% last year (AgRural); this represents an advance of 16% for the week
- safrinha corn was 36% planted nationwide as of late last week compared to 59% last year (AgRural); this represents an advance of 16% for the week
- best progress was made in the largest producing state of Mato Grosso where IMEA pegs planting at 44.95% as of Feb. 14 v. 65.17% last yr & 53.58% avg.
- safrinha corn was 36% planted nationwide as of late last week compared to 59% last year (AgRural); this represents an advance of 16% for the week
- The Funds bought 3 K as trade concerns eased; tariffs deferred to Apr 1
SOYBEANS:
- U.S. Export Inspections at 10 am CST—17.7 needed; 38.3 last week
- Consultant: Brazil 24/25 soybean production estimate is unchanged this week at 171.0 MMT; neutral bias going forward
- soybeans were 27.2% harvested nationwide as of late last week compared to 30.7% last year and 28.5% average according to Patria Agronegocios. This represents an advance of 10.5% for the week
- best progress was made in the largest producing state of Mato Grosso where IMEA pegs harvest at 50.08% as of Feb. 14 v. 65.07% last yr & 53.21% avg.
- soybeans were 27.2% harvested nationwide as of late last week compared to 30.7% last year and 28.5% average according to Patria Agronegocios. This represents an advance of 10.5% for the week
- Funds bought SB, sold 2 SM & bought 3 BO. March Crush, unch@ $1.22
MACRO:
- Futures are firm as U.S./Russia diplomats meet to discuss Ukraine.
- Wall Street Futures - Firmer: Dow, +45; S&P, +17.75; NAS, +76
- Asia - Firmer: Nikkei, +0.25%; Shanghai, +0.93%; Hang Seng, +1.59%
- EUROPE - Slightly Firmer: DAX, +0.17; FTSE, +0.1%; CAC +0.01%
- April Gold: +$24.1 @$2,925 March CRUDE: +$0.84 @$71.58 Mar U.S. Dollar Index: +0.230 @106.575
February 2025 WASDE Report
