Lots of green on the board today with most commodity and equity markets higher. Consumer Price Index came in a bit hotter than expected with inflation showing a 0.3% rise to 8.3% Y/Y vs 8.1% expected. The US$ index is moderately lower. EU Matif wheat ended higher overnight. Planting delays for spring seeded crops and hot/dry conditions in the U.S. Southern Plains providing underlying support. All wheat production estimate for Thursday's USDA report is 1.791 billion bushels. Wheat futures are 20 to 30 cents better, corn is up 13, and soybeans are 20 cents higher.

Market Commentary: 

Big D Ranch Inc.

208-888-1710

7590 S. tenmile rd.

Meridian, Idaho, 83642

Prices subject to change, please call for current pricing. 

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"Meeting the needs of today's farmers "

Current Grain Prices
5/12/2022

SWW- $10.30
SWW Aug 22- $10.00

DNS- $12.51
DNS Aug 22- $12.44

HRW - $12.30
HRW Aug 22- $12.31

B
arley- $12.50 cwt
Corn- $327 ton
Corn 22- $303

Pinto Beans- $45.00

 


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