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 February 27, 2021, 12:16:51 AM CST 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 February 27, 2021, 12:16:51 AM CST or prior.
Soybeans
Quotes are delayed, as of February 27, 2021, 12:16:51 AM CST or prior.
Wheat
Quotes are delayed, as of February 27, 2021, 12:16:51 AM CST or prior.
Canadian Dollar
Quotes are delayed, as of February 27, 2021, 12:16:51 AM CST 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 Hours:

Campbellford & Wooler Road

Monday - Friday 7 am - 5 pm

 

Call if you are looking for direct ship corn bids, fob or delivered. We have lots of spot movement to Kawartha, Prescott area, Quebec, and April Hamilton. The market's not paying to carry.  

We are having lots of "Where is this market going?" conversations lately. The short answer is that no one knows. This thing does have a similar feeling to 2008 with fund money pushing into the grains. They can drive this a whole lot further and faster than most people think possible. That was quite a year. Record high corn at $7.50 futures in June, faded below $3 in December, and a huge puddle of tears. Turned out there was no shortage of grains. Not saying history will repeat itself here, but it often rhymes.  

 Let's focus on some knowns. What we each need to know is our cost of production. That lets us make some solid business decisions based on historic production and/or crop insurance guarantees. I can tell you the profitability on new crop contracts, even though it looks disappointing verses old crop, is wildly more profitable on beans than what we've seen for 6+ years. I would suggest not letting it all get away. Why not sell an increment that would cover your inputs, to get started? Run your 5-Step-Plan. It's a 10 minute deal that sheds great perspective on profitability. Think profit, not price. Not quite where you want to be on corn yet? Well, the trend is up.  Take that number from the 5-Step-Plan and call, text, or email in a target order. That takes the emotion out of making decisions on big up days. As much as we love you guys, there aren't too many of you who can be decisive on those days, and that's just human nature. 

 

    

 

Ag Market Commentary
Hogs Fall Triple Digits at Months End -

Lean hog futures were weaker in the afternoon, and closed near the lows on the day. The triple digit losses for April through June limited the front

Cotton Heads for March on Weakness -

The last Friday of February left front month cotton futures 42 to 86 points weaker. Closing the month at 87.82 for March and 88.83 for May, that was

Soy Extended Losses on Friday -

Soybean futures firmed up after double digit losses at midday, closing the Friday session down 3 1/4 to 9 cents. May soybean futures ended the week

Wheat Stayed Weak for Close -

Despite afternoon rallies for corn and beans, wheat futures closed near the lows. For SRW the 13 1/4 to 16 3/4 cent losses left the board at $6.55

Corn Fades at Month End -

Afternoon position squaring pulled the corn complex off the lows at the close for month end. Front month futures were still mostly weaker on the day

Feb Cattle Collapse at Expiration -

Cash convergence caused a $3.90 drop to $113.10 for Feb finished cattle futures to expire. CME reported another 10 deliveries scheduled for February

Full commentary...


The CME Group Intercontinental Exchange