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 | ||
| 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 Holds onto Gains on Monday, Ratings Improve
- The wheat market held onto the Monday gains at the close, with contracts posting positive trade. Chicago SRW futures were 5 to 7 cents higher. Kansas City HRW contracts saw 6 to 7 gains at the close. Minneapolis spring wheat futures are were 1 to 3 cents higher. Increased tensions...
- Corn Bulls Sputter to Start the Week
- Corn futures closed out Monday with contracts 2 to 5 ¾ cents in the red, as the bear spreading continues. The front month CmdtyView national average Cash Corn price was down 6 1/2 cents at $4.13 1/4. Weekly Crop Progress data showed the US corn crop now 93% planted, matching...
- Cattle Rallies to Start New Month
- Live cattle futures were in rally mode on Monday, with contracts up $1.07 to $1.80. Cash trade has yet to see much this week, with last week at $221-223 in the South and some up to $225, with business at $234-237 in the North. Feeder cattle futures saw a Monday...
- Hogs Close Mixed on Monday
- Lean hog futures pulled back on Monday, with June down 47 cents. Other contracts were a nickel to $1 higher. USDA’s national average base hog negotiated price was not reported on Monday morning with light volume, as the 5-day rolling average is at $98.04. The CME Lean Hog Index was...
- Soybeans Fall to Start June, as Conditions Lineup with Expectations
- Soybean futures faced weakness for much of the session, as the wetter outlook and weaker products continue to pressure the market. Contracts closed with 7 to 10 cents losses. The cmdtyView Cash Bean price was down 7 1/2 cents to $9.88 3/4. Soymeal futures posted 80 cent to $2.30ton losses,...
- Cotton Posts Monday Strength
- Cotton futures started the week off with a little strength, as contracts were up 65 to 107 points at the close. Crude oil prices shot higher, up $2.25, with the US dollar index down $0.644 to $98.615. The Monday afternoon Crop Progress report indicated 66% of the US cotton crop...
DAILY MARKET COMMENTARY
06/02/2025
Good afternoon. Corn and soybean markets started the new week and month lower on Monday, as renewed tensions between the US and China mixed with ongoing favorable weather forecasts caused sellers to be active throughout the session. The wheat market, meanwhile, finished the day in the green on further short covering which was likely based on dry forecasts for Canada and Europe and another round of Russia/Ukraine headlines.
CN closed Monday at 4.38 and 1/4, down 5 and 3/4. CZ finished at 4.35 and 3/4, down 2 and 3/4 cents. Outside day lower for old crop corn. SN closed at 10.33 and 1/2, down 8 and 1/4. SX was down 9 and 3/4 at 10.17 and 3/4. WN closed at 5.39, up 5 cents. High for the day was 5.49 and 1/2. Products started the week lower, July soybean meal closed at 293.90, down $2.40/ton, and July soybean oil closed at 46.28, down 61 points. Livestock markets closed Monday higher, August live cattle closed at 211.00, up $1.65, August feeders closed at 301.75, up $2.92, and July hogs closed at 104.97, up 5 cents. Inside day for the cattle markets. Outside markets have been mixed to start the week, crude oil futures are up around $2/bbl, the Dow Jones index is up 70 points, and the US$ index is down 60-70 points; the S&P500 is up 20 points and the NASDAQ is up 150 points. Gold futures are up around $90/oz.
Spreads were mixed, corn spreads finished Monday up a quarter cent to down 4 and 1/4 cents and soybean spreads were up 2 cents to down 6 cents. CN/CU closed at 17 and 1/2, down 3 and 1/4 cents, and SN/SQ closed at 6 and 1/4, up a penny and 1/4. CU/CZ matched its contract low from Friday at -15 and 1/2, and SX/SF also matched its contract low made in April at -14 and 1/2.
There is no force in the universe stronger than...
the force that holds 5 gallon buckets together
2024 Crop Tour Results
WEATHER
