|
Grain
Market Price Differentials Originating from Southwest Kansas |
|
|
|
|
|
|
|
|
I. Corn Price
Differentials from Southwest Kansas |
|
|
|
|
Tuesday, October 02, 2007 |
|
|
|
|
|
|
|
|
|
|
A. Corn Futures, Cash
Corn Prices & Basis Levels in Southwest Kansas |
|
|
|
|
Corn $/bu |
Basis $/bu |
vs Sublette |
vs Dodge City |
|
|
|
CBOT DEC 2007 Corn Futures |
$3.49 |
********** |
********** |
********** |
|
|
|
Sublette |
$3.46 |
($0.03) |
********** |
($0.03) |
|
|
|
Dodge City |
$3.37 |
($0.12) |
($0.12) |
********** |
|
|
|
Garden City |
$3.42 |
($0.07) |
($0.04) |
$0.05 |
|
|
|
Protection |
$3.49 |
$0.00 |
$0.03 |
$0.12 |
|
|
|
Scott City |
$3.34 |
($0.15) |
($0.12) |
($0.03) |
|
|
|
Syracuse |
$3.39 |
($0.10) |
($0.07) |
$0.02 |
|
|
|
Ulysses |
$3.47 |
($0.02) |
$0.01 |
$0.10 |
|
|
|
|
|
|
|
|
B. Northwest Kansas Corn
Markets |
|
|
|
|
|
Corn $/bu |
Basis $/bu |
vs Sublette |
vs Dodge City |
|
|
|
Colby |
$3.11 |
($0.38) |
($0.35) |
($0.26) |
|
|
|
Goodland |
$3.11 |
($0.38) |
($0.35) |
($0.26) |
|
|
|
Sharon Springs |
$3.19 |
($0.30) |
($0.27) |
($0.18) |
|
|
|
Bird City |
$3.01 |
($0.48) |
($0.45) |
($0.36) |
|
|
|
Oberlin |
$3.10 |
($0.39) |
($0.36) |
($0.27) |
|
|
|
McCook NE |
$3.18 |
($0.31) |
($0.28) |
($0.19) |
|
|
|
Hoxie |
$3.09 |
($0.40) |
($0.37) |
($0.28) |
|
|
|
Grainfield |
$3.05 |
($0.44) |
($0.41) |
($0.32) |
|
|
|
Norton |
$3.09 |
($0.40) |
($0.37) |
($0.28) |
|
|
|
Hill City |
$3.05 |
($0.44) |
($0.41) |
($0.32) |
|
|
|
Wakeeney |
$3.05 |
($0.44) |
($0.41) |
($0.32) |
|
|
|
|
|
|
|
|
C. South Central Kansas
Terminal & Processor Corn Markets |
|
|
|
|
|
Corn $/bu |
Basis $/bu |
vs Sublette |
vs Dodge City |
|
|
|
Salina (Terminal) |
$3.39 |
($0.10) |
($0.07) |
$0.02 |
|
|
|
Newton (Terminal) |
$3.28 |
($0.21) |
($0.18) |
($0.09) |
|
|
|
Hutchinson (Terminal) |
$3.32 |
($0.17) |
($0.14) |
($0.05) |
|
|
|
Wichita (Terminal) |
$3.24 |
($0.25) |
($0.22) |
($0.13) |
|
|
|
Wellington (Terminal) |
$3.21 |
($0.28) |
($0.25) |
($0.16) |
|
|
|
Arkansas City (Terminal) |
$3.23 |
($0.26) |
($0.23) |
($0.14) |
|
|
|
Atchison (Processor) |
$3.15 |
($0.34) |
($0.31) |
($0.22) |
|
|
|
|
|
|
|
|
D. Nebraska Corn Markets |
|
|
|
|
|
Corn $/bu |
Basis $/bu |
vs Sublette |
vs Dodge City |
|
|
|
Beatrice (Southeast) |
$3.05 |
($0.44) |
($0.41) |
($0.32) |
|
|
|
Columbus (East Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Dorchester (Southeast) |
$3.06 |
($0.43) |
($0.40) |
($0.31) |
|
|
|
Grand Island (South Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Hastings (South Central) |
$3.09 |
($0.40) |
($0.37) |
($0.28) |
|
|
|
Holdrege (South Central) |
$3.09 |
($0.40) |
($0.37) |
($0.28) |
|
|
|
Imperial (Southwest) |
$3.19 |
($0.30) |
($0.27) |
($0.18) |
|
|
|
Kimball-Dix (Panhandle) |
$3.17 |
($0.32) |
($0.29) |
($0.20) |
|
|
|
Lexington (West Central) |
$3.09 |
($0.40) |
($0.37) |
($0.28) |
|
|
|
McCook (Southwest) |
$3.17 |
($0.32) |
($0.29) |
($0.20) |
|
|
|
Nebraska City (Southeast) |
$3.02 |
($0.47) |
($0.44) |
($0.35) |
|
|
|
Ogallala-Brule (West Central) |
$3.09 |
($0.40) |
($0.37) |
($0.28) |
|
|
|
Omaha - Council Bluffs (East Central) |
$3.05 |
($0.44) |
($0.41) |
($0.32) |
|
|
|
Osceola (East Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Superior (South Central) |
$3.09 |
($0.40) |
($0.37) |
($0.28) |
|
|
|
Waverly (Southeast - East Central) |
$2.97 |
($0.52) |
($0.49) |
($0.40) |
|
|
|
Wayne (Northeast) |
$3.00 |
($0.49) |
($0.46) |
($0.37) |
|
|
|
|
|
|
|
|
E. Eastern Colorado Corn
Markets |
|
|
|
|
|
Corn $/bu |
Basis $/bu |
vs Sublette |
vs Dodge City |
|
|
|
Northern Northeast CO Elevators |
$3.34 |
($0.15) |
($0.12) |
($0.03) |
|
|
|
Southern Northeast CO Elevators |
$3.44 |
($0.05) |
($0.02) |
$0.07 |
|
|
|
Cheyenne Wells - East Central CO |
$3.13 |
($0.36) |
($0.33) |
($0.24) |
|
|
|
I-70 Elevators - East Central CO |
$3.22 |
($0.27) |
($0.24) |
($0.15) |
|
|
|
Southeast CO Elevators |
$3.47 |
($0.02) |
$0.01 |
$0.10 |
|
|
|
|
|
|
|
|
F. Northern Oklahoma Corn
Markets |
|
|
|
|
|
Corn $/bu |
Basis $/bu |
vs Sublette |
vs Dodge City |
|
|
|
Hooker (Panhandle - Northwest) |
$3.54 |
$0.05 |
$0.08 |
$0.17 |
|
|
|
Keyes (Panhandle - Northwest) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Manchester (North Central) |
$3.49 |
$0.00 |
$0.03 |
$0.12 |
|
|
|
Miami (Northeast) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Ponca City (North Central) |
$3.47 |
($0.02) |
$0.01 |
$0.10 |
|
|
|
|
|
|
|
|
ID. National Corn
Markets |
|
|
|
|
|
|
|
Corn $/bu |
Basis $/bu |
vs Sublette |
vs Dodge City |
|
|
|
Kansas City |
$3.26 |
($0.23) |
($0.20) |
($0.11) |
|
|
|
Minneapolis |
$2.93 |
($0.56) |
($0.53) |
($0.44) |
|
|
|
|
Southern Iowa |
$3.08 |
($0.41) |
($0.38) |
($0.29) |
|
|
|
|
Omaha |
$3.05 |
($0.44) |
($0.41) |
($0.32) |
|
|
|
|
Louisiana Gulf (barge delivery) |
$4.09 |
$0.60 |
$0.63 |
$0.72 |
|
|
|
|
Toledo - Great Lakes |
$3.29 |
($0.20) |
($0.17) |
($0.08) |
|
|
|
|
Chicago - Great Lakes |
$3.09 |
($0.40) |
($0.37) |
($0.28) |
|
|
|
|
Norfolk - Atlantic Coast |
$3.49 |
$0.00 |
$0.03 |
$0.12 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
II.
Grain Sorghum Price Differentials from Southwest Kansas |
|
|
|
|
Tuesday, October 02, 2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
A. Corn Futures, Cash
Grain Sorghum Prices & Basis Levels in Southwest KS |
|
|
|
|
|
|
Corn $/bu |
|
|
|
|
|
CBOT DEC 2007 Corn Futures |
|
$3.49
|
|
|
|
|
|
|
Milo $/cwt |
Milo $/bu |
Basis $/bu |
vs Sublette |
|
|
|
|
Sublette |
$5.71 |
$3.20 |
($0.29) |
********** |
|
|
|
|
Dodge City |
$5.57 |
$3.12 |
($0.37) |
($0.08) |
|
|
|
|
Garden City |
$5.57 |
$3.12 |
($0.37) |
($0.08) |
|
|
|
|
Protection |
$5.70 |
$3.19 |
($0.30) |
($0.01) |
|
|
|
|
Scott City |
$5.52 |
$3.09 |
($0.40) |
($0.11) |
|
|
|
|
Syracuse |
$5.61 |
$3.14 |
($0.35) |
($0.06) |
|
|
|
|
Ulysses |
$5.70 |
$3.19 |
($0.30) |
($0.01) |
|
|
|
|
|
|
|
|
|
|
|
B. Northwest Kansas Grain
Sorghum Markets |
|
|
|
|
|
|
Milo $/cwt |
Milo $/bu |
Basis $/bu |
vs Sublette |
|
|
|
|
Colby |
$5.48 |
$3.07 |
($0.42) |
($0.13) |
|
|
|
|
Sharon Springs |
$5.52 |
$3.09 |
($0.40) |
($0.11) |
|
|
|
|
Bird City |
$5.09 |
$2.85 |
($0.64) |
($0.35) |
|
|
|
|
Oberlin |
$5.92 |
$3.32 |
($0.17) |
$0.12 |
|
|
|
|
McCook NE |
$5.50 |
$3.08 |
($0.41) |
($0.12) |
|
|
|
|
Hoxie |
$5.27 |
$2.95 |
($0.54) |
($0.25) |
|
|
|
|
Grainfield |
$5.38 |
$3.01 |
($0.48) |
($0.19) |
|
|
|
|
Norton |
$5.55 |
$3.11 |
($0.38) |
($0.09) |
|
|
|
|
Hill City |
$5.38 |
$3.01 |
($0.48) |
($0.19) |
|
|
|
|
Wakeeney |
$5.38 |
$3.01 |
($0.48) |
($0.19) |
|
|
|
|
|
|
|
|
|
|
C. South Central Kansas
Terminal Grain Sorghum Markets |
|
|
|
|
|
|
Milo $/cwt |
Milo $/bu |
Basis $/bu |
vs Sublette |
|
|
|
|
Concordia |
$6.18 |
$3.46 |
($0.03) |
$0.26 |
|
|
|
|
Salina |
$6.50 |
$3.64 |
$0.15 |
$0.44 |
|
|
|
|
Newton |
$5.95 |
$3.33 |
($0.16) |
$0.13 |
|
|
|
|
Hutchinson |
$6.41 |
$3.59 |
$0.10 |
$0.39 |
|
|
|
|
Wichita |
$6.41 |
$3.59 |
$0.10 |
$0.39 |
|
|
|
|
Wellington |
$6.32 |
$3.54 |
$0.05 |
$0.34 |
|
|
|
|
Arkansas City |
$6.05 |
$3.39 |
($0.10) |
$0.19 |
|
|
|
|
|
|
|
|
|
|
D. Nebraska Grain Sorghum
Markets |
|
|
|
|
|
|
Milo $/cwt |
Milo $/bu |
Basis $/bu |
vs Sublette |
|
|
|
|
Beatrice (Southeast) |
$5.89 |
$3.30 |
($0.19) |
$0.10 |
|
|
|
|
Columbus (East Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
|
Dorchester (Southeast) |
$5.88 |
$3.29 |
($0.19) |
$0.10 |
|
|
|
|
Grand Island (South Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
|
Hastings (South Central) |
$5.75 |
$3.22 |
($0.27) |
$0.02 |
|
|
|
|
Holdrege (South Central) |
$5.70 |
$3.19 |
($0.30) |
($0.01) |
|
|
|
|
McCook (Southwest) |
$5.55 |
$3.11 |
($0.38) |
($0.09) |
|
|
|
|
Osceola (East Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
|
Superior (South Central) |
$6.09 |
$3.41 |
($0.08) |
$0.21 |
|
|
|
|
Waverly (Southeast - East Central) |
$5.70 |
$3.19 |
($0.30) |
($0.01) |
|
|
|
|
|
|
|
|
|
|
E. Eastern Colorado Grain
Sorghum Markets |
|
|
|
|
|
|
Milo $/cwt |
Milo $/bu |
Basis $/bu |
vs Sublette |
|
|
|
|
Southeast CO Elevators |
$5.70 |
$3.19 |
($0.30) |
($0.01) |
|
|
|
|
|
|
|
|
|
|
F. Northern Oklahoma
Grain Sorghum Markets |
|
|
|
|
|
|
Milo $/cwt |
Milo $/bu |
Basis $/bu |
vs Sublette |
|
|
|
|
Alva (North Central - Northwest) |
$5.66 |
$3.17 |
($0.32) |
($0.03) |
|
|
|
|
Buffalo (North Central - Northwest) |
$5.66 |
$3.17 |
($0.32) |
($0.03) |
|
|
|
|
Hooker (Panhandle - Northwest) |
$5.73 |
$3.21 |
($0.28) |
$0.01 |
|
|
|
|
Keyes (Panhandle - Northwest) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
|
Manchester (North Central) |
$5.88 |
$3.29 |
($0.19) |
$0.10 |
|
|
|
|
Medford (North Central) |
$5.67 |
$3.18 |
($0.31) |
($0.02) |
|
|
|
|
Miami (Northeast) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
|
Ponca City (North Central) |
$5.87 |
$3.29 |
($0.20) |
$0.09 |
|
|
|
|
Shattuck (Northwest) |
$5.16 |
$2.89 |
($0.60) |
($0.31) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
III. Wheat
Price Differentials from Southwest Kansas |
|
|
|
|
Tuesday, October 02, 2007 |
|
|
|
|
|
|
|
|
|
A. Wheat Futures, Cash
Wheat Prices & Basis Levels in Southwest KS |
|
|
|
|
|
Wheat $/bu |
Basis $/bu |
vs Dodge City |
vs Garden City |
|
|
|
KCBT DEC 2007 Wheat Futures |
$9.19 |
********** |
********** |
********** |
|
|
|
Dodge City |
$8.41 |
($0.78) |
********** |
(0.01) |
|
|
|
Garden City |
$8.42 |
($0.77) |
0.01 |
********** |
|
|
|
Protection |
$8.45 |
($0.74) |
0.04 |
0.03 |
|
|
|
Scott City |
$8.36 |
($0.83) |
(0.05) |
(0.06) |
|
|
|
Sublette |
$8.41 |
($0.78) |
0.00 |
(0.01) |
|
|
|
Syracuse |
$8.49 |
($0.70) |
0.08 |
0.07 |
|
|
|
Ulysses |
$8.40 |
($0.79) |
(0.01) |
(0.02) |
|
|
|
|
|
|
|
|
B. Northwest Kansas Wheat
Markets |
|
|
|
|
|
Wheat $ |
Basis $/bu |
vs Dodge City |
vs Garden City |
|
|
|
|
|
Colby |
$8.42 |
($0.77) |
0.01 |
0.00 |
|
|
|
|
|
Goodland |
$8.41 |
($0.78) |
0.00 |
(0.01) |
|
|
|
Sharon Springs |
$8.42 |
($0.77) |
0.01 |
0.00 |
|
|
|
Bird City |
$8.44 |
($0.75) |
0.03 |
0.02 |
|
|
|
Oberlin |
$7.85 |
($1.34) |
(0.56) |
(0.57) |
|
|
|
McCook NE |
$8.29 |
($0.90) |
(0.12) |
(0.13) |
|
|
|
Hoxie |
$8.44 |
($0.75) |
0.03 |
0.02 |
|
|
|
Grainfield |
$8.42 |
($0.77) |
0.01 |
0.00 |
|
|
|
Norton |
$8.36 |
($0.83) |
(0.05) |
(0.06) |
|
|
|
Hill City |
$8.42 |
($0.77) |
0.01 |
0.00 |
|
|
|
Wakeeney |
$8.42 |
($0.77) |
0.01 |
0.00 |
|
|
|
|
|
|
|
|
C. South Central Kansas
Terminal & Processor Wheat Markets |
|
|
|
|
|
Wheat $ |
Basis $/bu |
vs Dodge City |
vs Garden City |
|
|
|
Concordia (Terminal) |
$8.54 |
($0.65) |
0.13 |
0.12 |
|
|
|
Salina (Terminal) |
$8.79 |
($0.40) |
0.38 |
0.37 |
|
|
|
Newton (Terminal) |
$8.63 |
($0.56) |
0.22 |
0.21 |
|
|
|
Hutchinson (Terminal) |
$8.86 |
($0.33) |
0.45 |
0.44 |
|
|
|
Wichita (Terminal) |
$8.80 |
($0.39) |
0.39 |
0.38 |
|
|
|
Wellington (Terminal) |
$8.89 |
($0.30) |
0.48 |
0.47 |
|
|
|
Arkansas City
(Terminal) |
$8.68 |
($0.51) |
0.27 |
0.26 |
|
|
|
Atchison-Ord (Processor) |
$8.64 |
($0.55) |
0.23 |
0.22 |
|
|
|
Wichita-11% (Processor) |
$9.29 |
$0.10 |
0.88 |
0.87 |
|
|
|
Wichita-12% (Processor) |
$9.39 |
$0.20 |
0.98 |
0.97 |
|
|
|
Wichita-13% (Processor) |
$9.49 |
$0.30 |
1.08 |
1.07 |
|
|
|
|
|
|
|
|
|
|
D. Nebraska Wheat Markets |
|
|
|
|
|
Wheat $ |
Basis $/bu |
vs Dodge City |
vs Garden City |
|
|
|
Beatrice (Southeast) |
$8.57 |
($0.62) |
0.16 |
0.15 |
|
|
|
Columbus (East Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Dorchester (Southeast) |
$8.59 |
($0.60) |
0.18 |
0.17 |
|
|
|
Grand Island (South Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Hastings (South Central) |
$8.51 |
($0.68) |
0.10 |
0.09 |
|
|
|
Holdrege (South Central) |
$8.57 |
($0.62) |
0.16 |
0.15 |
|
|
|
Imperial (Southwest) |
$8.25 |
($0.94) |
(0.16) |
(0.17) |
|
|
|
Kimball-Dix (Panhandle) |
$8.14 |
($1.05) |
(0.27) |
(0.28) |
|
|
|
Lexington (West Central) |
$8.49 |
($0.70) |
0.08 |
0.07 |
|
|
|
McCook (Southwest) |
$8.29 |
($0.90) |
(0.12) |
(0.13) |
|
|
|
Ogallala-Brule (West Central) |
$8.11 |
($1.08) |
(0.30) |
(0.31) |
|
|
|
Osceola (East Central) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Superior (South Central) |
$8.54 |
($0.65) |
0.13 |
0.12 |
|
|
|
Waverly (Southeast - East Central) |
$8.52 |
($0.67) |
0.11 |
0.10 |
|
|
|
|
|
|
|
|
E. Eastern Colorado Wheat
Markets |
|
|
|
|
|
Wheat $ |
Basis $/bu |
vs Dodge City |
vs Garden City |
|
|
|
Northern Northeast CO Elevators |
$8.25 |
($0.94) |
(0.16) |
(0.17) |
|
|
|
Southern Northeast CO Elevators |
$8.25 |
($0.94) |
(0.16) |
(0.17) |
|
|
|
Cheyenne Wells - East Central CO |
$8.31 |
($0.88) |
(0.10) |
(0.11) |
|
|
|
I-70 Elevators - East Central CO |
$8.29 |
($0.90) |
(0.12) |
(0.13) |
|
|
|
Southeast CO Elevators |
$8.49 |
($0.70) |
0.08 |
0.07 |
|
|
|
|
|
|
|
|
|
|
F. Northern Oklahoma
Wheat Markets |
|
|
|
|
|
|
Wheat $ |
Basis $/bu |
vs Dodge City |
vs Garden City |
|
|
|
Alva (North Central - Northwest) |
$8.61 |
($0.58) |
0.20 |
0.19 |
|
|
|
Buffalo (North Central - Northwest) |
$8.56 |
($0.63) |
0.15 |
0.14 |
|
|
|
Cherokee (North Central - Northwest) |
$8.53 |
($0.66) |
0.12 |
0.11 |
|
|
|
Hooker (Panhandle - Northwest) |
$8.44 |
($0.75) |
0.03 |
0.02 |
|
|
|
Keyes (Panhandle - Northwest) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Manchester (North Central) |
$8.62 |
($0.57) |
0.21 |
0.20 |
|
|
|
Medford (North Central) |
$8.58 |
($0.61) |
0.17 |
0.16 |
|
|
|
Miami (Northeast) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Okeene (North Central - Northwest) |
NA |
#VALUE! |
#VALUE! |
#VALUE! |
|
|
|
Perry (North Central) |
$8.54 |
($0.65) |
0.13 |
0.12 |
|
|
|
Ponca City (North Central) |
$8.65 |
($0.54) |
0.24 |
0.23 |
|
|
|
Shattuck (Northwest) |
$8.37 |
($0.82) |
(0.04) |
(0.05) |
|
|
|
Stillwater (North Central) |
$8.54 |
($0.65) |
0.13 |
0.12 |
|
|
|
|
|
|
|
|
|
|
G. National Wheat
Markets |
|
|
|
|
|
|
|
Wheat $ |
Basis $/bu |
vs Dodge City |
vs Garden City |
|
|
|
Kansas City (HRW Ord) |
$8.79 |
($0.40) |
0.38 |
0.37 |
|
|
|
Portland (HRW Ord) |
$9.73 |
$0.54 |
1.32 |
1.31 |
|
|
|
Houston - Gulf (HRW Ord) |
$9.69 |
$0.50 |
1.28 |
1.27 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IV. Soybean
Price Differentials from Southwest Kansas |
|
</ |