Welcome To Legacy Grain Cooperative

Our Mission Statement:

Advancing our Legacy by creating value via modern facilities, dedicated employees, superior service, and sound marketing. 
[read more about Legacy Grain] 


CASH BIDS

Name Cash Price Basis
Apr 01, 2025
May 01, 2025
Jun 01, 2025
Jul 01, 2025
Sep 01, 2025
Quotes are delayed, as of April 02, 2025, 01:21:18 AM 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.


FUTURES


Futures
Quotes are delayed, as of April 02, 2025, 01:21:18 AM CDT or prior.

NEWS


Ag Market Commentary
Cotton Rally Higher on Tuesday
Cotton futures posted 89 to 142 point gains across most nearby contracts on Tuesday. Futures shrugged off negative outside factors. Crude oil futures were back down 34 cents/barrel, as the US dollar index was $0.032 higher on the day. The monthly NASS Cotton Systems report showed 257 RB of extra...
Soybeans Post Double-Digit Gains on Bean Oil Strength
The soybean market rallied hard on Tuesday, following the bean oil gains. Contracts were up 19 to 22 cents at the close. CmdtyView’s national front month Cash Bean price was down 21 3/4 cents at $9.79. Soymeal futures were mixed, with contracts up a dime to down 70 cents/ton. with...
Corn Rallies on April Fool’s Day
Corn futures started off April with contracts 4 to 8 cents higher across most contracts. New crop contracts led the way, as rains in the forecast may limit any early planting. The CmdtyView national average Cash Corn price was up 7 ¾ cents on the day at $4.31 1/4. Monthly...
Hogs Post Gains on Tuesday
Lean hog futures posted $1.07 to $1.75 against on Tuesday with April down 35 cents. The USDA national average base hog negotiated price was down 23 cents from the day prior at $88.26 in the Tuesday PM report. The CME Lean Hog Index was down another 28 cents from the...
Cattle Bulls Not Fooled on April 1
Live cattle futures closed out Tuesday with contracts up $1.32 to $2.30. Cash action has been mostly compiling showlists on early this week. Feeder cattle futures were pushing higher into the close up $1.82 to $2.90. The CME Feeder Cattle Index was back down 48 cents on March 31, with...
Wheat Hold Higher at Tuesday’s Close
Wheat held gains into Tuesday’s close, as contracts were following up the Monday strength on the acreage cut. Chicago SRW futures were 3 to 4 cents higher on the day. Kansas City HRW contracts were 6 to 9 cents in the green at the close. MPLS spring wheat was up...



DAILY MARKET COMMENTARY


 

4/1/2025

 

 

Good afternoon. Following a rather uneventful start to the week despite all the NASS data on Monday, ag markets sprung to life on Tuesday with the soy complex (beans and oil) being the upside leader on further biofuel policy chatter. Ideas that a group coalition made up of members from both the oil and biofuel lobbies had come to an agreement on higher blending mandates led bean oil futures to one of their better days of the year, which in turn drug the soybeans higher also.

CK closed at 4.61 and 3/4 on Tuesday, up 4 and 1/2 cents. CN was up 5 at 4.68 and 1/4. SK finished at 10.34 and 1/4, up 19 and 1/2 cents. SN closed at 10.49 and 1/4, up 21 cents. Outside day higher for the beans. WK finished at 5.40 and 1/2, up 3 and 1/2 cents. Products were mixed, May soybean meal closed at 292.30, down 40 cents/ton, and May soybean oil closed at 47.44, up 2.55 cents/lb. The high for the day in May bean oil was 47.49. Another firmer day in the cattle markets on Tuesday, as April live cattle were up $1.32 at 209.12, and April feeders closed at 288.27, up $1.82; April hogs made new highs for the week early this morning but then rolled over and closed 35 cents lower at 87.37. Outside markets are trading mixed/lower, crude oil futures are down 20-30 cents/bbl ,the Dow Jones index is down 20 points, and the US$ index is trading near unchanged. The S&P500 is up 20 points and the NASDAQ is up 170 points. Gold futures are quietly lower, with the June contract making a new contract high overnight at $3,177.0.

Spreads were mixed/lower to end Tuesday, corn spreads were down 3 and 1/4 to up a penny, and soybean spreads were up 3 and 1/4 to down 2 and 1/4. CK/CN closed at -6 and 1/2, down a half cent, and SK/SN closed at -15, down a penny and a half.

 

 

 

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