What Are Today’s Grain Prices?

What are today's grain prices? Market Commodity Prices

Commodity Last High
Wheat 793-4 793-4
Wheat Dec21 793-4 793-4
Jul22 780-2 791-6
Lean Hogs 76.050s 77.050

What are corn prices doing today?

Agriculture

Name Price %
Corn 5.88 0.26
Feeder Cattle 1.63 -1.01
Milk 18.82 0.80
Orange Juice 1.28 1.46

What is driving the wheat market?

Winter wheat acres rise and livestock demand soars. USDA increased 2021 U.S. winter wheat acreage by 3.4% from its December 1, 2020 estimates to 33.1 million acres.

What will corn prices do in 2021?

The $5.45 forecast for 2021 is $1.00 per bushel higher than the 2020 forecast of $4.45 per bushel. From 2007 to 2021, MYA prices for corn averaged $4.38 per bushel, ranging from a low of $3.36 in the 2016 and 2017 marketing years to a high of $6.89 per bushel in 2012.

What are today's commodity prices?

Energy

Index Units Price
CL1:COM WTI Crude Oil (Nymex) USD/bbl. 71.23
CO1:COM Brent Crude (ICE) USD/bbl. 74.62
XB1:COM RBOB Gasoline (Nymex) USd/gal. 213.44
NG1:COM Natural Gas (Nymex) USD/MMBtu 3.82

Related investments for What Are Today's Grain Prices?


What is the soybean market doing today?

Soybeans Futures are available for Trading in The Chicago Board of Trade (CBOT® ).

Soybeans
Price 1,260.00
11.5000
Day 0.92%
Month 5.04%

What is a bushel of corn selling for today?

The current price of corn as of December 06, 2021 is $5.8350 per bushel.


Why is corn down today?

Corn futures dropped on Tuesday as concerns about abundant supply whacked America's biggest cash crop. It's the latest trading volatility in the commodities sector as the pandemic and the economic reopening distorted markets and led to big speculation in areas like lumber.


How much does a farmer get for a bushel of corn?

For 2019, crop revenue for corn is projected at $738 per acre based on a 208 bushel per acre yield and a $3.55 per bushel price.


Will the price of wheat go up?

Wheat Prices Climb on Strong Demand, Lower Supply. That Means the Cost of Bread Will Keep Rising. Wheat prices climbed above $8 a bushel for the first time in nearly nine years, with demand for the commodity going strong and supplies expected to end the 2021-22 marketing year at their lowest in more than a decade.


Why are grain prices going up today?

A poor harvest of spring wheat and concern over the winter crop have pushed prices for the grain to their highest levels in years and signal more food inflation ahead. Drought across the Northern Hemisphere is the main culprit.


Why is corn going up today?

The poor availability of corn for the short term is creating the sharp rise in corn prices. The driving force behind this is the Argentinian export restriction. Wheat also relies on slower exports from Russia. The wheat price gradually rose, at least for the first contract to expire (March 2021).


What is the highest corn price ever?

Historically, Corn reached an all time high of 843.75 in August of 2012.


How high will soybeans go in 2021?

Soybean price outlook bearish

The forecast rise in ending stocks is expected to put additional pressure on the situation and pull down oilseed prices. According to the USDA, soybean ending stocks in the US for 2021-22 is forecast at 320 million bu, up 25% year on year.


When should I sell my corn?

He noted that the best time to sell corn is often between May 1 and June 15, or a little on either side of those dates. "Last year, the high was $4.48½ on June 18.


Where did gold close today?

MONEX Live Gold Spot Prices

Gold Spot Prices Today Change
Gold Prices Per Ounce $1,767.00 -16.00
Gold Prices Per Gram $56.81 -0.51
Gold Prices Per Kilo $56,809.05 -514.40

What is the current market price of gold and silver?

Live Spot Prices: Gold, Silver, Platinum, and Palladium

Precious Metal Live Spot Price (oz) 1 Day % Change
Gold $1,784.03 ▲ 0.91%
Silver $22.55 ▲ 0.74%
Platinum $937.04 ▲ -0.37%
Palladium $1,821.76 ▲ 2.09%

What is the break even price for soybeans?

Based on the previous example for expenses, using typical corn and soybean yield targets, the 2021 breakeven price to cover direct and overhead expenses in 2021 would be about $3.75 to $4.00 per bushel for corn and $8.75 to $9.00 per bushel for soybeans.


Are soybean prices going up or down?

The U.S. season-average soybean price for 2020/21 is forecast at $12.10 per bushel, down 25¢. For corn, USDA estimates production at 15.1 billion bushels, up less than 1% from the previous forecast and up 7% from 2020.


How much does it cost to plant an acre of corn?

Variable equipment costs have increased 26 to 30% for both corn and soybeans. Land costs increased 11%. In the corn divisions, depending upon year, the average maximum and minimum cost per acre is $215 to $260 in the cash grain division, and $187 to $234 in the dairy and livestock division (Table 1).


How much is an acre of corn worth 2021?

Given this price and yield forecast, gross revenue is forecast at $1,247 per acre. At this point, other revenue is projected to be $0 per acre. The $1,237 gross revenue for corn in 2021 will be the highest on record if it occurs.


How many bushels of corn are in a 55 gallon drum?

Subject: RE: Bushels of corn in 55 gallon barrel? Multiply by 60, then divide by 56. Also, since a bushel is a unit of volume equal to 8 gallons, divide 55 by 8. Gets you 6.875 bushels.


How many bushels are in a ton?

Bushel Equivalents Per Tonne

GRAIN EQUIVALENT
Canola/Rapeseed 44.0920
Corn 39.3680
Faba Beans 2 36.7440
Soybeans 36.7440

Why are soybeans going up?

Since the summer of 2020, prices for oilseeds and especially soybeans have skyrocketed. Tight supplies have driven global prices upward and put immense pressure on the upcoming 2020/21 U.S. harvest. U.S. corn price spikes since August of 2020 have also fueled growth in soybean prices.


Why did soybeans drop today?

Soybean markets collapse as trade reacts to China's continued rejection of DDGS shipments. SOYBEANS stole the spotlight as last Tuesday's market activity brought a collapse in the soybean and soybean meal markets. Suderman said the price drop suddenly made DDGS attractive in domestic livestock rations.


What is the current price of wheat per bushel?

The current price of wheat as of December 07, 2021 is $8.0850 per bushel.


Can you make a living farming 500 acres?

There is no hard-and-fast land requirement. However, the farmers I spoke with said that someone would need at least 500 owned acres and 1,000 leased acres to make a living. If you bought 500 acres as a base of operations, the total land cost would be $3,750,000. The total thus far is $4,810,000.


What is the most profitable thing to farm?

10 Most Profitable Specialty Crops to Grow

  • Lavender. Lavender farming can produce above-average profits for small growers, as it is such a versatile crop.
  • Gourmet mushrooms.
  • Woody ornamentals.
  • Landscaping trees and shrubs.
  • Bonsai plants.
  • Japanese maples.
  • Willows.
  • Garlic.

  • What crop is the most profitable?

    The highest yielding crops are sugar cane, sugar beet, and tomatoes. Sugar cane accounts for about 80% of the world's sugar production, while sugar beet the remaining 20%. Not surprisingly, the most lucrative cash crops from a value per acre perspective are illegal in many parts of the world.


    Will wheat prices go up in 2021?

    Wheat price analysis and overview 2021

    The International Grain Council in its report of 14 January's projected record global wheat production for 2021/2022. Global stocks were also expected to be boosted, despite higher consumption.


    Will there be a wheat shortage?

    Widespread drought across the northern and western regions of the United States has resulted in the USDA predicting a 41% drop in production from 2020, the lowest level in more than 30 years, according to its 2021 Wheat Outlook. The agency projects a 22% drop in U.S. production of white wheat in 2021 and 2022.


    Which US state grows the most wheat?

    North Dakota
    Characteristic 2019 2020
    North Dakota 321,185 312,782
    Kansas 348,400 281,250
    Montana 217,725 227,345

    Why did China buy so much corn?

    China's grain purchases have surged this year as hog herds recover from a devastating outbreak of African swine fever. Corn imports quadrupled in the first four months from a year earlier, while sorghum arrivals jumped five times in April from a year ago. Barley shipments are up too.


    Why are crop prices so high?

    Strong cash, a reflection of resilient demand, smaller supply, or both has led the price charge higher. Another variable is money flow. Recent reports indicate that managed money, usually viewed as speculative investments, are as long in the corn market as they have ever been.


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