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

Cedar Grv/Random Lk


 
2/29/20
Cash Bid
New Crop 2020
CORN
3.67 -0.05
3.37 -0.45
SOYBEANS
8.12 -0.62
8.25 -0.80
WHEAT
5.01 -0.35
4.72 -0.65
OATS
3.00 0.30

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

@CH0
@CH0
CORN
Symbol Last Open Close High Low Change
Mar '20 @C0H 3.7225 3.7625 3.7225 3.7625 3.7000 -0.0475
May '20 @C0K 3.7625 3.8000 3.7625 3.8000 3.7350 -0.0450
Jul '20 @C0N 3.7950 3.8275 3.7950 3.8275 3.7675 -0.0400
Sep '20 @C0U 3.7775 3.8100 3.7775 3.8125 3.7625 -0.0425
Dec '20 @C0Z 3.8225 3.8500 3.8225 3.8525 3.8050 -0.0375
Mar '21 @C1H 3.9175 3.9375 3.9175 3.9375 3.9000 -0.0350
SOYBEANS
Symbol Last Open Close High Low Change
Mar '20 @S0H 8.7425 8.8800 8.7425 8.8850 8.7075 -0.1625
May '20 @S0K 8.8250 8.9625 8.8250 8.9675 8.7925 -0.1650
Jul '20 @S0N 8.9400 9.0750 8.9400 9.0750 8.9075 -0.1575
Aug '20 @S0Q 8.9800 9.1000 8.9800 9.1000 8.9475 -0.1500
Sep '20 @S0U 8.9975 9.1075 8.9975 9.1100 8.9625 -0.1350
Nov '20 @S0X 9.0500 9.1600 9.0500 9.1600 9.0175 -0.1250
WHEAT
Symbol Last Open Close High Low Change
Mar '20 @W0H 5.3625 5.5025 5.3625 5.5050 5.3400 -0.1475
May '20 @W0K 5.3475 5.5150 5.3475 5.5150 5.3250 -0.1725
Jul '20 @W0N 5.3675 5.5175 5.3675 5.5200 5.3400 -0.1525
Sep '20 @W0U 5.4350 5.5700 5.4350 5.5700 5.4100 -0.1450
Dec '20 @W0Z 5.5425 5.6725 5.5425 5.6725 5.5125 -0.1350
Mar '21 @W1H 5.6325 5.7300 5.6325 5.7325 5.6025 -0.1250
LIVE CATTLE
Symbol Last Open Close High Low Change
Feb '20 @LE0G 117.000 118.025 117.000 118.275 116.800 -2.725
Apr '20 @LE0J 115.250 115.950 115.250 116.000 115.250 -3.000
Jun '20 @LE0M 107.375 108.250 107.375 108.325 107.275 -2.900
Aug '20 @LE0Q 106.725 107.775 106.725 107.925 106.400 -2.675
Oct '20 @LE0V 110.700 111.650 110.700 111.750 110.275 -2.575
Dec '20 @LE0Z 114.825 116.000 114.825 116.000 114.525 -2.700
LEAN HOGS
Symbol Last Open Close High Low Change
Apr '20 @HE0J 64.625 65.000 64.625 65.350 64.075 -2.400
May '20 @HE0K 71.875 71.900 71.875 72.325 71.050 -2.150
Jun '20 @HE0M 79.950 79.850 79.950 80.100 79.000 -1.900
Jul '20 @HE0N 81.275 81.275 81.275 81.425 80.250 -1.450
Aug '20 @HE0Q 80.875 80.575 80.875 81.125 79.850 -1.250
Oct '20 @HE0V 69.475 69.275 69.475 69.675 68.800 -1.225
MILK CLASS III
Symbol Last Open Close High Low Change
Feb '20 @DA0G 17.01 17.00 17.01 17.03 17.00 0.00
Mar '20 @DA0H 16.62 16.62 16.62 16.62 16.62 0.00
Apr '20 @DA0J 16.47 16.43 16.47 16.47 16.43 0.00
May '20 @DA0K
Jun '20 @DA0M
Jul '20 @DA0N
DTN Click here for info on Exchange delays.

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Grain Locations