Full Service Grain Merchandising and Handling

Helping You Grow And Prosper

 We know the importance of having the right grain locations and team to help with marketing decisions. Country Visions Cooperative has full-service grain elevatorsand additional storage sites to allow for capacity to market corn, soybeans, wheat, and oats. Our team of grain managers are available to help you set up a customized marketing plan.

 

 

Cash Bids

Market Update

Grain Market Report 7-24-20
Grain Market Report 7-24-20

7/24/2020 7:46:49 PM

Check out this week's market report from Brad Jaeger at Country Visions Cooperative....

Cedar Grv/Random Lk


 
8/31/20
New Crop 2020
New Crop 2020
CORN
2.83 -0.35
2.84 -0.45
SOYBEANS
8.36 -0.60
8.26 -0.70
WHEAT
4.71 -0.50
OATS
2.45 -0.32

Grain Merchandising

Grain Merchandising

Grain Contracts

Spot Cash Contract

Spot Cash contracts are the most commonly used of any of the contracts. It is used when the cash price has reached your goal with little thought to either futures or basis.

Forward Cash Contract

Forward Cash Contracts allow the producer to lock in a cash grain price for a specific delivery date and location in the future. In addition, this contract is also preferred to lock in a crop selling price.

Delayed Price Contract

Delayed Price Contracts allow producers a high degree of price flexibility for an extended time period. A service charge may or may not be used during the marketing year. If a service charge is being used, a price increase must be expected to offset this expense.

Minimum/ Maximum Price Contract

Minimum and maximum price contracts are a very safe opportunity for the producer to participate in market movement for further profit. The producer should use when he anticipates a favorable market move that will enhance his base price but wants to market and lock in a minimum or maximum price.

Basis Contract

Basis contracts are similar to forward cash contracts in that they allow the producers to lock in a future delivery price, but only partially. The partially fixed price is basis: the difference between cash and futures; with the futures to be fixed at a later time.

Hedge To Arrive Contract

Hedge-to-arrive contracts are the reverse of a basis contract. Use this contract when futures are high and believe futures will drop and simultaneously basis is wide and should narrow.

Deferred Payment Contract

Deferred payment contracts are used to defer tax liability to another tax year. Please consult your tax accountant for proper application.

Average Price Contract

Average price contracts are used to even out the ups and downs of a volatile market. The producer commits a specific number of bushels to a location at harvest time, and an average futures price is created over the pricing period. The producer can set the basis at any time up until delivery. Contact a merchandiser for details and the deadline to enroll.

Futures

@CU0
@CU0
CORN
Symbol Last Open Close High Low Change
Sep '20 @C0U 3.1750 3.1500 3.1750 3.1825 3.1500 0.0150
Dec '20 @C0Z 3.2850 3.2600 3.2850 3.2900 3.2600 0.0150
Mar '21 @C1H 3.4025 3.3750 3.4025 3.4050 3.3750 0.0200
May '21 @C1K 3.4800 3.4525 3.4800 3.4825 3.4525 0.0200
Jul '21 @C1N 3.5375 3.5125 3.5375 3.5400 3.5125 0.0150
Sep '21 @C1U 3.5625 3.5500 3.5625 3.5650 3.5350 0.0075
SOYBEANS
Symbol Last Open Close High Low Change
Aug '20 @S0Q 8.9750 8.9850 8.9750 9.0300 8.9300 0.0000
Sep '20 @S0U 8.9300 8.9025 8.9300 8.9625 8.8900 0.0275
Nov '20 @S0X 8.9625 8.9250 8.9625 8.9975 8.9125 0.0375
Jan '21 @S1F 9.0175 8.9750 9.0175 9.0525 8.9675 0.0375
Mar '21 @S1H 9.0000 8.9525 9.0000 9.0325 8.9450 0.0450
May '21 @S1K 9.0175 8.9800 9.0175 9.0550 8.9750 0.0350
WHEAT
Symbol Last Open Close High Low Change
Sep '20 @W0U 5.2100 5.2700 5.2100 5.2825 5.1700 -0.1025
Dec '20 @W0Z 5.2925 5.3450 5.2925 5.3575 5.2525 -0.0950
Mar '21 @W1H 5.3725 5.4175 5.3725 5.4275 5.3325 -0.0850
May '21 @W1K 5.4175 5.4575 5.4175 5.4700 5.3750 -0.0800
Jul '21 @W1N 5.4175 5.4425 5.4175 5.4575 5.3700 -0.0725
Sep '21 @W1U 5.4700 5.4900 5.4700 5.5000 5.4325 -0.0700
LIVE CATTLE
Symbol Last Open Close High Low Change
Aug '20 @LE0Q 103.025 103.100 103.025 103.425 102.550 0.200
Oct '20 @LE0V 108.275 107.925 108.275 108.450 107.525 0.400
Dec '20 @LE0Z 111.825 111.550 111.825 112.050 111.350 0.275
Feb '21 @LE1G 115.075 114.475 115.075 115.225 114.300 0.525
Apr '21 @LE1J 116.600 115.750 116.600 116.700 115.650 0.750
Jun '21 @LE1M 110.425 109.750 110.425 110.550 109.750 0.475
LEAN HOGS
Symbol Last Open Close High Low Change
Aug '20 @HE0Q 49.875 51.275 49.875 51.500 49.650 -2.125
Oct '20 @HE0V 48.400 49.000 48.400 49.375 48.050 -1.225
Dec '20 @HE0Z 50.075 50.050 50.075 50.375 49.425 -0.300
Feb '21 @HE1G 59.050 59.000 59.050 59.400 58.250 -0.250
Apr '21 @HE1J 65.125 64.925 65.125 65.450 64.250 -0.300
May '21 @HE1K 69.825 69.825 69.825 69.825 69.825 -0.050
MILK CLASS III
Symbol Last Open Close High Low Change
Aug '20 @DA0Q 20.40 20.38 20.28 20.40 20.38 0.12
Sep '20 @DA0U 18.15 18.15 18.17 18.15 18.15 -0.02
Oct '20 @DA0V
Nov '20 @DA0X
Dec '20 @DA0Z
Jan '21 @DA1F
DTN Click here for info on Exchange delays.

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Grain Locations