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
- Wheat Sees Positive Action on Tuesday
- The wheat market saw Turnaround Tuesday action, with winter wheats posting gains. Chicago SRW futures turned higher on Tuesday, with nearbys closing up 2 cents. Kansas City HRW futures closed with 3 to 4 cent gains. Minneapolis spring wheat futures saw continued weakness, with losses of 3 to 4 cents....
- Corn Weakness Extends to Tuesday
- The corn market was lower on Tuesday with contracts falling another 4 to 6 cents across the nearbys. The nearby CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.14 3/4. Crop Progress data from Monday afternoon showed the US corn crop at 62% planted as of...
- Soybeans Rally from Early Weakness
- Soybeans saw contracts pulling well off their lows on Tuesday, with contracts up 1 to 2 cent sin the nearbys. The cmdtyView Cash Bean price was up 1 3/4 cents to $10.22 3/4. Soymeal futures were down $3.80 to $5.20 so far on the day, with Soy Oil futures rallying...
- Cattle Post Mixed Trade on Tuesday
- Live cattle futures rounded out Tuesday with contracts holding steady, and the nearbys within a nickel of unchanged. Cash trade settled in last week $218-220 in the South, with northern action at $225-228. Feeder cattle futures closed out the Tuesday session with contracts down a nickel to 40 cents. The...
- Hogs Post Gains on Tuesday
- Lean hog futures posted gains of 25 cents to $1.20 on the Tuesday session. May expires on Wednesday. USDA’s national average base hog negotiated price was reported at $97.27 on Tuesday afternoon with a 5-day rolling average at $94.27. The CME Lean Hog Index was down 7 cents on May...
- Cotton Pulls Back on Tuesday
- Cotton futures closed out the Tuesday session with contracts slipping 6 to 35 lower. Crude oil prices are trading with gains of $1.67/barrel. The US dollar index was back down $0.789 to $100.810. Crop Progress data showed 28% of the US cotton crop planted as of 5/11, now behind the...
DAILY MARKET COMMENTARY
05/13/2025
Good afternoon. As was anticipated, today's price action was back on the choppy side, with a morning sell-off in the soybean market giving way higher to prices by the noon hour. Corn futures ended up finishing the day lower, but were some 6 cents off the lows in the old crop as buying emerged here also throughout the late morning hours.
CN closed at 4.42 and 1/2 on Tuesday, down 5 and 1/2 cents. CZ was down 4 and 1/2 cents at 4.41. New lows for the move for CN. SN finished at 10.72 and 1/2, up a penny and 1/4. SX closed at 10.59 and 1/2, up 2 cents. Both took out yesterday's highs. WN was up 2 cents also at 5.17 and 1/4. New contract low here at 5.06 and 1/4. Products were sharply mixed, July soybean meal closed at 293.30, down $4.80/ton, and July soybean oil closed at 51.48, up 1.56 cents/lb. Outside day lower for meal, while bean oil traded to its highest level in the July contract since October of 2023. Livestock markets were mixed, June live cattle closed at 216.32, down 50 cents, August feeders closed at 306.00, down 37 cents, and June hogs closed at 99.50, up $1.20. Inside days for the cattle markets and an outside day for hogs. Outside markets are also trading mixed to sharply mixed, crude oil futures are up $1.60-1.70/bbl, the Dow Jones index is down 270 points, and the US$ index is down 70-80 points; the S&P500 is up 40 points and the NASDAQ is up 310 points. Inside day for the $ index. Also an inside day for gold futures, which are up $25-30/oz.
Spreads were mixed/lower, corn spreads were up a penny and 1/4 to down 3 cents, and soybean spreads were down 3/4 of a cent to up 3 cents. CK/CN closed at -6 and 1/2, up a penny and 1/4, and SK/SN closed at -5 and 1/4, unchanged. CN/CU closed at 14 and 3/4, down 3/4 of a cent, and SN/SQ closed at 2 and 1/4, down 3/4 of a cent. New low for the move for CN/CU at 10, and also new contract lows in the CU/CZ at -13 and 1/4.
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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