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 Update 4-3-20
Grain Market Update 4-3-20

4/4/2020 6:22:39 PM

Mark Mentink goes over this week's grain report, in the week ending in 4-3-20. Tune in to see what happened this week....

Cedar Grv/Random Lk


 
4/30/20
New Crop 2020
New Crop 2020
CORN
3.01 -0.30
3.06 -0.45
SOYBEANS
7.94 -0.60
7.82 -0.80
WHEAT
4.99 -0.50
4.90 -0.55
OATS
3.00 0.27
3.00 0.42

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

@CK0
@CK0
CORN
Symbol Last Open Close High Low Change
May '20 @C0K 3.3075 3.3450 3.3075 3.3850 3.2800 -0.0275
Jul '20 @C0N 3.3675 3.3925 3.3675 3.4350 3.3400 -0.0175
Sep '20 @C0U 3.4225 3.4250 3.4225 3.4650 3.3950 0.0025
Dec '20 @C0Z 3.5075 3.4925 3.5075 3.5375 3.4825 0.0100
Mar '21 @C1H 3.6200 3.6175 3.6200 3.6450 3.5950 0.0075
May '21 @C1K 3.6825 3.6825 3.6825 3.7025 3.6550 0.0050
SOYBEANS
Symbol Last Open Close High Low Change
May '20 @S0K 8.5425 8.5975 8.5425 8.6450 8.5050 -0.0450
Jul '20 @S0N 8.5950 8.6475 8.5950 8.7000 8.5650 -0.0450
Aug '20 @S0Q 8.6200 8.6675 8.6200 8.7100 8.5925 -0.0350
Sep '20 @S0U 8.6050 8.6500 8.6050 8.6850 8.5750 -0.0200
Nov '20 @S0X 8.6150 8.6375 8.6150 8.6950 8.5875 -0.0150
Jan '21 @S1F 8.6250 8.6400 8.6250 8.7025 8.5975 -0.0125
WHEAT
Symbol Last Open Close High Low Change
May '20 @W0K 5.4925 5.4175 5.4925 5.5650 5.4150 0.0750
Jul '20 @W0N 5.4500 5.3800 5.4500 5.5075 5.3800 0.0625
Sep '20 @W0U 5.4700 5.4200 5.4700 5.5275 5.4200 0.0475
Dec '20 @W0Z 5.5425 5.5125 5.5425 5.6000 5.5125 0.0325
Mar '21 @W1H 5.6000 5.5850 5.6000 5.6500 5.5725 0.0275
May '21 @W1K 5.5800 5.6000 5.5800 5.6225 5.5625 0.0275
LIVE CATTLE
Symbol Last Open Close High Low Change
Apr '20 @LE0J 88.325 91.050 88.325 95.250 88.325 -4.500
Jun '20 @LE0M 80.850 82.400 80.850 87.400 78.825 -2.225
Aug '20 @LE0Q 84.300 84.300 84.300 89.100 81.000 -0.300
Oct '20 @LE0V 88.500 87.700 88.500 92.450 84.875 0.550
Dec '20 @LE0Z 92.350 91.475 92.350 95.975 89.500 0.875
Feb '21 @LE1G 97.025 96.125 97.025 100.275 94.350 0.950
LEAN HOGS
Symbol Last Open Close High Low Change
Apr '20 @HE0J 40.225 41.825 40.225 42.500 40.200 -4.475
May '20 @HE0K 41.225 43.900 41.225 43.900 40.975 -4.250
Jun '20 @HE0M 48.325 48.900 48.325 49.375 48.325 -4.500
Jul '20 @HE0N 52.725 53.525 52.725 54.250 52.725 -4.500
Aug '20 @HE0Q 54.575 55.400 54.575 56.325 53.400 -3.325
Oct '20 @HE0V 49.775 50.500 49.775 51.275 48.800 -1.625
MILK CLASS III
Symbol Last Open Close High Low Change
Apr '20 @DA0J 14.07 14.27 14.07 14.27 14.05 -0.20
May '20 @DA0K 12.18 12.85 12.18 12.90 12.13 -0.70
Jun '20 @DA0M 13.13 13.50 13.13 13.65 13.06 -0.47
Jul '20 @DA0N 14.08 14.40 14.08 14.50 13.97 -0.40
Aug '20 @DA0Q 14.62 14.85 14.62 14.87 14.55 -0.30
Sep '20 @DA0U 14.91 14.91 14.91 15.07 14.88 -0.26
DTN Click here for info on Exchange delays.

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Grain Locations