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 |
|---|---|---|
| Apr 01, 2025 | ||
| May 01, 2025 | ||
| Jun 01, 2025 | ||
| Jul 01, 2025 | ||
| Sep 01, 2025 |
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
- Wheat Mixed at Wednesday’s Close
- Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses of 1 to 2 cents on the day. Kansas City HRW contracts settled with 3 to 4 cent gains on Wednesday. MPLS spring wheat was...
- Cotton Closes Lower on Wednesday, as Reciprocal Tariffs Announced
- Cotton futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US dollar index was $0.614 lower on the day, mostly coming following the tariff announcement. President Trump’s “Liberation Day” tariffs came with reciprocal tariffs on Pakistan...
- Cattle Rally on Liberation Day
- Live cattle futures were rallying into Liberation Day, with contracts up $1.25 to $2 at the close. This morning’s Fed Cattle Exchange online auction from Central Stockyards showed sales on 2 lots totaling 397 head (of the 1,408 listed) at $210. Feeder cattle futures ended the midweek session with contracts...
- Hogs Round Out Wednesday Mixed, as Mexico Left Off the Reciprocal Tariffs
- Lean hog futures posted mixed trade on Wednesday, with contracts down 35 to 50 cents in the nearbys and pulling off their lows into the close. Nearby April was up 7 cents. The USDA national average base hog negotiated price was up 62 cents from the day prior at $88.88...
- Soybeans Slip Lower on Wednesday, with Reciprocal Tariffs Announced
- Soybeans pulled off the lows on Wednesday, but still closed in the red, down 2 to 5 cents. CmdtyView’s national front month Cash Bean price was down 5 cents at $9.73. Soymeal futures were down $3.20 to $5.10/ton at the close, with Soy Oil futures up another 66 to 111...
- Corn Fall on Wednesday as Liberation Day Tariffs Announced
- Corn futures closed the midweek session with contracts fractionally lower in some new crop months to as much 4 cents in the red for nearbys. The CmdtyView national average Cash Corn price was down 3 3/4 cents on the day at $4.27 1/2. President Trump’s “Liberation Day” tariffs came with...
DAILY MARKET COMMENTARY
4/2/2025
Good afternoon. Grain markets saw mostly lower closes at mid-week on Wednesday, as Tuesday's speculative money inflow dried up a bit and volume on spot corn and beans retracted by about a third from where it was yesterday. There have been leaks and rumors throughout the day regarding Trump's tariffs announcements this afternoon in the news and on social media, but amid a lack of confirmation, it remains that most all market participants will be waiting to hear details directly from the horse's mouth later this afternoon.
CK closed Wednesday at 4.57 and 3/4, down 4 cents. CN was down 3 cents at 4.65 and 1/4. Inside day for CN. SK closed at 10.29 and 1/2, down 4 and 3/4. SN finished at 10.45, down 4 and 1/4. Inside day for the beans also. WK closed at 5.39 and 1/4, down a penny and 1/4. Products were mixed, May soybean meal closed at 287.20, down $5.10/ton, and May soybean oil closed at 48.50, up 1.06 cents/lb. New contract lows for May meal at 287.10, and bean oil came within a tick of the February high at 48.55. Livestock markets were higher on Wednesday, April live cattle closed at 210.37, up $1.25, April feeders closed at 288.87, up 60 cents, and April hogs closed at 87.45, up 7 cents. Outside markets have had a choppy day but are mostly higher at the moment; crude oil futures are up 50-60 cents/bbl, the Dow Jones index is up 280 points and the US$ index is down 45-50 points. The S&P500 is up 40 points and the NASDAQ is up 160 points. Gold futures are up $15-20/oz, but have had an inside day so far and have not made new contract highs for the first session this week.
Spreads ended the day mostly lower, with corn spreads down a half cent to down 4 and 1/4 cents, and soybean spreads finished 3 and 3/4 cents lower to a quarter of a cent higher. CK/CN closed at -7 and 1/2, down a penny, and SK/SN closed at -15 and 1/2, down a half cent. SK/SN traded to its lowest level since late February at -16.
2024 Crop Tour Results
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