Please call to make grain transactions during active trading hours on the Chicago Board of Trade when DFE is open for business, Monday through Friday from 7:00 am to 1:20 pm.
Outside of the times listed above, we're happy to work firm offers for grain marketing needs.
Please work with DFE staff for all of your grain marketing needs. We appreciate your loyalty!
Click Here for Our 2024 Harvest Policies
Delivery Start | Delivery End | Cash Price | Basis | Futures Price | Futures Change |
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Corn | |||||
Soybeans |
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
- Hogs Close Mixed on Friday
- Lean hog futures ended the week mixed, with contracts up 60 cents to a nickel lower, as July was up $2.375 on the week. USDA’s national average base hog negotiated price was reported at $104.95 on Friday morning, down $1.00 from the day prior. The CME Lean Hog Index was...
- Cattle Fall on Friday as Cash Takes a Breather
- Live cattle futures posted Friday losses of $3.10 to $4.50, as pressure from a weaker equity market added to a risk off approach. June slipped back $1.20 this week. Cash trade has been reported at $235 in TX and $233-238 KS so far this week. Northern trade was $380 dressed...
- Cotton Close Out Friday with Gains
- Cotton futures posted marginal 22 to 45 point gains on Friday, with some help from the outside markets. July was down 26 points this week, with December closing 37 points lower. Crude oil was up $5.27/barrel on Friday, following Israel strikes on Iran overnight. The US dollar index was back...
- Soybeans Rallies as RVO Proposal Pushes Bean Oil Up the Limit
- The soybean market was well supported on Friday, following the EPA's release from this morning. Contracts closed the session with gains of 25 to 28 cents across the nearbys. That helped to push the nearby July contract in the green on the week, with a gain of 12 1/2 cents,...
- Wheat Joins the Rally on Friday to Ease Week’s Losses
- The wheat complex was in rally mode across the across the three exchanges on Friday. Chicago SRW futures were up 17 to 18 cents on the day, with July slipping back over the course of the week. Kansas City HRW contracts were also 17 to 18 cents higher at the...
- Corn Pushes Gains into Friday’s Close
- Corn futures closed out Friday trade with some strength, as July was 6 cents higher and some new crop contracts posting 2 to 3 cent gains. July corn closed the week with a 2 cent pop, with December slipping back 6 1/4 cents on the week. The front month CmdtyView...
5/29/2025
Grains and oilseeds lower on good weather forecasts in the US.
- Dry and cold weather conditions expected in the coming days will help dry out Argentina's agricultural fields, allowing producers to intensify their delayed soybean harvest following repeated rains, the Buenos Aires and Rosario stock exchanges said on Wednesday. Argentina is the world's largest exporter of soybean oil and meal, but heavy rainfall in key farming regions has stalled the oilseed harvest, raising concerns about potential yield losses. The government estimates the 2024/25 soybean crop at 49 million metric tons. The Buenos Aires Grain Exchange (BdeC) said there will be an influx of cold air that will lower temperatures, with possible frost in some production areas. "These are expected cold conditions that could help further dry out the crop and improve conditions for the soybean harvest," Cristian Russo, head of agricultural estimates at the Rosario Stock Exchange (BCR), told Reuters. "After the rains, they could be a positive factor in recovering those fields and harvesting them," he added.
- India is likely to produce a record 117.5 million metric tons of wheat in the year ending June 2025, the farm ministry said, above its March forecast of 115.4 million tons, as higher prices prompted farmers to expand the area planted with high-yielding seed varieties. India, the world's biggest wheat producer after China, produced 113.3 million tons of wheat in 2024, the farm ministry said in a statement issued late on Wednesday. However, a leading industry body said the crop was nearly 6.25% lower than the government's estimate. The country's rice production in 2025 is also set to climb to a record high, with the ministry estimating it at 149 million metric tons, up from last year's 137.8 million tons.
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Egypt, a top wheat importer, bought 3.64 million metric tons of wheat from local farmers so far this season, Ahmad Idam, head of the services sector at the ministry of agriculture, told Reuters on Thursday. The procurement season officially started in mid-April.
- Malaysian palm oil futures extended gains for a fifth consecutive session on Thursday, as stronger palm olein and robust export demand supported the bullish sentiment in the market. Crude palm oil futures traded higher on Dalian palm olein's strength and the recent export performance is seen as supporting market sentiment in the near term, said David Ng, a proprietary trader at Kuala Lumpur-based trading firm Iceberg X Sdn Bhd.
- Brazil confirmed its first outbreak of bird flu in a commercial flock on May 16. As of May 28, 41 countries have announced protocols for either a country, state, or region-wide trade ban. Last week, poultry exports (mostly chicken meat) were down 1.7%, but are expected to be further affected in June, as several countries will likely ban poultry imports from Brazil for 60 days. Brazil was the third-largest chicken meat producer in the world in 2024, and the largest exporter, with 35% market share, followed by the U.S. (22%).
CORN:
- Ethanol grind at 11:00 am CDT. Grind last week was 1,036,000 barrels/day vs. 1,068,000 on this date last year. Ethanol stocks last week were 24.944 million and last year for this week were 23.207 million
- Corn planted as of May 25 was 87% & the average increase from May 25- June 1 is ~8%; 5-year average for June 1 is ~93% and 2024 was ~90%
- Corn emerged as of May 25 was 67% & the average increase from May 25-June 1 is ~17%; 5-year average for June 1 is ~77% and 2024 was ~72%
- Temperatures will be much cooler than normal on safrinha corn in south Brazil over the next week, including some frost Fri./Sat. as lows dip into the 30s-40s, but a killing event with temps of 28°F / -2°C or colder is not expected
- The Funds sold 8 K: Good weather forecast in the U.S.
SOYBEANS:
- July futures closed at $10.484 on Wed., lowest settlement since May 8
- Beans planted as of May 25 were 76% & the average increase from May 25- June 1 is ~12%; 5-year average for June 1 is ~80% and 2024 was ~77%
- Beans emerged as of May 25 were 50% & the average increase from May 25- June 1 is ~17%; 5-year average for June 1 is ~57% and 2024 was ~53%
- The new crop corn/soybean price ratio (SX25/CZ25) closed at 2.34 on Wednesday; last year, the SX4/CZ4 ratio traded at 2.50
- Dry weather is expected over the next one to two weeks for remaining soybean harvesting in Argentina
- Funds sold 6 K SB; 3 K SM; 6 K BO. July Crush, +$1.2 @ $1.359
MACRO:
- Court blocks Trump tariffs; Nvidia reported better than expected earnings.
- Wall Street Futures - Firmer: Dow, +233; S&P, +47.25; NAS, +217
- Asia - Firmer: Nikkei, +1.88%; Shanghai, +0.7%; Hang Seng, +1.35%
- EUROPE - Mixed: DAX, +0.33%; FTSE, -0.07%; CAC +0.66%
- June Gold: +$0.4 @$3,295 June Crude Oil: +$0.56 @$62.40 June U.S. Dollar Index: +0.050 @99.785