Maizeing Acres Inc. Cash Bids
Notes Basis Cash Price (tonne) Cash Price Futures Price Basis Month
Corn
Soybeans
Wheat, SRW

Quotes are delayed, as of May 16, 2024, 10:10:48 PM CDT 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.
Corn
Quotes are delayed, as of May 16, 2024, 10:10:48 PM CDT or prior.
Soybeans
Quotes are delayed, as of May 16, 2024, 10:10:48 PM CDT or prior.
Wheat
Quotes are delayed, as of May 16, 2024, 10:10:48 PM CDT or prior.
Canadian Dollar
Quotes are delayed, as of May 16, 2024, 10:10:48 PM CDT or prior.
Important Information

 

Office (call or text): 705-313-2082
Donna: donna@maizeingacresinc.com
cell: 705-930-3488
Pete: pdarcher@xplornet.com cell: 613-391-9218 

 

Current Weekday Hours: 7 am - 4 pm

Weekends: Closed

Did someone say COOKIES??? Quite happy to see so many of you folks leaning into some meaningful sales now. Markets aren't logical; they are psychological.  At this time of year, there is a lot clanging and banging with weather and fundamentals, but it's also normal human behaviour to worry about things that probably aren't ever going to happen anyways. That's why we need to try and keep our heads free of too much noise and look at cost of production based targets while the cookie plate is going around. New crop corn approaching $50/t premium to where some old crop panic sales had to be made a couple months ago.

If you plan on growing wheat this fall, we are over $300/t. If you can hit 100 bu that's over $800/ac with no straw value. I have worked for less! We also just added '26 wheat bids and they are right there too.How sweet is that?!

 

There is an old saying that says, "Sell in May and go away". Not that we want you to go away but over time there is pretty good data to back this up. I'm not convinced the Midwest rain isn't a good thing for the crop in the long run. The unknown is giving us opportunity now. A month ago we were supposed to kill the crop with a drought. It reminds me of a conversation about 25 yrs ago in July with Neil Hannah and a few others lamenting a big drop in corn prices. Neil asked how we were doing with the new bin setup and I said I got lucky with a target order that hit around Mother's Day and I was all sold  out. Neil quickly replied, "You make your own luck and if you are selling corn with market orders it doesn't have a damn thing to do with luck". I've never forgot that. Miss that guy.  

 

 

Ag Market Commentary
Corn Closes With Losses as Planting Window is Open -

Corn futures closed Thursday trade, following similar action from Wednesday, fading the early session gains. Contracts closed with losses of 3 ½ to

Soybeans Close Mixed Following Lackluster Export Sales Data -

Soybeans faded off into the Thursday close, as contracts were up ½ 5o 2 ¾ cents in the front two months and down 1 to 3 ¾ cents in the tother

Cattle Rally in Unison with Boxed Beef -

Live cattle posted Thursday gains of a nickel to 92 cents, as boxed beef price continue to rally ahead of Memorial Day. Cash action has been quiet

Cotton Posts Thursday Strength -

The cotton market was back up on Thursday to post gains of 83 to 105 points at the close. The outside market factors are a mixed bag, with crude oil

Wheat End the Thursday Session in the Red -

The wheat complex found weakness again on Thursday, again quickly fading the early session gains. Chicago contracts were down 2 to 3 cents across

Hogs Pull Back from Highs, Still Close with Gains -

Lean hogs faded off of some of the midday strength, but still found solid ground to post 5 to 87 cent higher trade. USDA’s National Average Base

Full commentary...


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