What's New!
At FCEC our goal is to provide you with the information and products that will help make your operations successful. Along with our grain marketing partners at CEA we are offering you, our patrons a daily phone call informing you of what is happening in the grain markets each day. Click here to get signed up!
Big improvements are coming to our Varner Location, Click Here for more information on our upcoming project
Click Here to see our equipment currently listed on DPA Auctions
Please contact the Administration Office if you are interested in filling the Associate Director Position
Market Snapshot
Quotes are delayed, as of May 17, 2022, 05:12:51 AM CDT or prior.
Commentary
- Wheat Locked Limit at the close
- The wheat complex saw several contracts close at the limit on Monday across all three exchanges. CBT and KC contracts were up the 70 cent limit in front months with deferred contracts double digits higher as well. MPLS was up their respective 60 cent limit in the front months. The...
- Cattle Complex Mixed on Monday
- Live cattle futures were up 17 cents to $1.55 on Monday, with the front months the strongest. Cash trade has yet to develop this week, though USDA did show a few $142 sales in the North on Monday. Feeders were pressured by the strength in corn, with most contracts down...
- Hogs Rally on Monday
- Lean hog futures posted $1.32 to $3.60 gains on Monday. The National Average Base Hog price for Monday morning was $101.64 up 17 cents from the day prior. CME’s Lean Hog Index for 5/12 was 55 cents lower to $100.49. Pork cutout futures were $3.20 higher on Monday. USDA’s National...
- Cotton Sharply Higher to Start the Week
- Cotton futures were up 404 to 545 points on Monday. Outside markets were adding support, with crude oil up another $3.40 and the dollar down 391 points. The weekly Crop Progress report tallied the US cotton crop at 37% planted, on pace with the 5-year average and a 13% increase...
- Soybeans Close Higher on Monday
- Soybeans held up at the close with contracts up 9 ½ to 13 ¾ on Monday. Product values were mixed as soybean meal was up $3.60/ton, and bean oil backing off 67 points. USDA pegged soybean planting pace at 30% as of 5/15, on the low end of estimates. That...
- Corn Rallies to Start the Week
- Corn futures rallied another 15 to 28 ¼ cents on Monday to start the week on a bullish note. July climbed back over $8, with Dec back above $7.50. After the close, NASS released their weekly Crop Progress report tallying the US corn crop at 49% planted. That was slightly...
National Newswire
Kansas USDA Newswire
