Welcome To Legacy Grain Cooperative
Our Mission Statement:
Advancing our Legacy by creating value via modern facilities, dedicated employees, superior service, and sound marketing.
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| Name | Cash Price | Basis |
|---|---|---|
| May 01, 2025 | ||
| Jun 01, 2025 | ||
| Jul 01, 2025 | ||
| Aug 01, 2025 | ||
| Sep 01, 2025 | ||
| Jan 01, 2026 |
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
FUTURES
NEWS
- Hogs Close the Week with Mixed Trade
- Lean hog futures posted mixed action on Friday, with contracts down 27 cents to up 40 cents. June was down $1.77 this week. USDA’s national average base hog negotiated price was reported at $94.47 on Friday afternoon, up $0.45. The CME Lean Hog Index was back down 9 cents on...
- Soybeans Push Higher on Friday
- Soybean bulls were gaining ground ahead of the weekend meeting with the US and China, as contracts were up 5 to 8 cents. July slipped back 6 ¼ cents on the week, with November unchanged. The cmdtyView Cash Bean price was up 6 3/4 cents to $10.00 1/4. Soymeal futures...
- Cotton Post Slight Weakness on Friday
- Cotton futures slipped back on Friday, with contracts down 8 to 15 points at the close, as July was down 180 points this week. Crude oil prices were back up $1.14/barrel. The US dollar index was down $0.235 to $100.255. CFTC data showed specs cutting another 5,182 contracts from their...
- Corn Squares Up Heading into the Weekend
- The corn market finished off the week of losses with bears taking some money off the table. Contracts were up 2 to 4 cents across most months, with July falling 19 ¼ cents (4.10%) this week and December down 8 ¼ cents. The nearby CmdtyView national average Cash Corn price...
- Wheat Falls into the Weekend
- The wheat market failed to join in on the corn and bean strength on Friday, with contracts falling lower. Chicago SRW futures posted Friday losses of 7 to 8 cents on the day, as July was down 21 ¼ cents this week. Kansas City HRW futures faced weakness, with contracts...
- Cattle Close Friday Mixed
- Live cattle futures closed with mixed action as nearby June was held up by the stronger cash action, up 42 cents, with other contracts down 40 to 55 cents. June was up $3.57 on the week. Cash trade settled in this week $218-220 in the South, with northern action at...
DAILY MARKET COMMENTARY
05/09/2025
Good afternoon. Happy Friday. Corn and soybean futures were higher to end the week this week, while the wheat market sagged on a further weakening of offers in the Black Sea region. As expected, choppy and low volume were the two main themes throughout, with attention in the ag world almost entirely focused on what might come out of discussions with the Chinese this weekend.
CN ended the week at 4.49 and 3/4, up 2 and 1/4. CZ was up 3 and 1/4 at 4.42. SN finished at 10.51 and 3/4, up 6 and 3/4. SX closed at 10.30 and 1/2, up 5 and 1/2. WN was down 7 and 1/2 cents at 5.21 and 3/4. New contract low at 5.20 and 3/4 for WN. Products ended mixed, July soybean meal closed at 294.10, down 60 cents/ton, and July soybean oil closed at 48.57, up 12 points. Livestock markets ended the week mixed, June live cattle were up 42 cents at 214.67, August feeders were down 95 cents at 300.30, and June hogs were up 40 cents at 97.57. New contract highs again for the fourth time this week in both of the cattle markets. Outside markets are trading mixed, crude oil futures are up around $1/bbl, the Dow Jones index is down 150 points, and the US$ index is down around 30 points; the S&P500 is is down 5 points and the NASDAQ is down 15 points. Inside days for all three of the major stock indices. Gold futures are up around $30/oz.
Spreads closed the week mixed in the corn and mostly higher in the beans; CK/CN closed at -8 and 1/4, up 1/4 of a cent, and SK/SN closed at -7 and 3/4, up a half cent. CN/CU closed at 20 and 1/2, down a half cent, and SN/SQ closed at 4 and 1/2, down 1/4 of a cent. Also new contract lows again in the CU/CZ at -13.
For the week: July corn was down 19 and 1/4 cents; December corn was down 9 and 1/4 cents; July soybeans were down 6 and 1/4 cents; November soybeans were unchanged; July Chicago wheat was down 21 and 1/4 cents; July soybean meal was down $2.80/ton; and July soybean oil was down 0.86 cents/lb.
There is no force in the universe stronger than...
the force that holds 5 gallon buckets together
2024 Crop Tour Results
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