This chart shows the relationship between the KC wheat futures and UAN futures. These values correlate back to the producer as the number of bushels of wheat that they must sell to purchase a ton of liquid nitrogen fertilizer. Currently that ratio is setting at historical lows. This makes it a great time for producers to lock in some profit by forward contracting some wheat sales and locking in pricing on 28% before the prices go up with the spring demand.
Nitrogen prices continue to rise, contact our Waukomis office to speak with Richard or Jeremy about locking in UAN or Urea prices.
Now forward contracting fertilizer.
Contact the Waukomis office to get the best deals of the year.
Prices continue to rise. Lock in your nitrogen and phospate needs today.
Please contact us to help you get your summer crop seed inputs locked in.
John Deere account programs we have:
60 days NP/NI - 90 days NP/NI - 150 days NP/NI-
Fall Fertilizer: NP/NI until 1/15/2021, program ends 11/30/2020
Spring Fertilizer option available also.
Credenz Soybean Seed Now Available
Land Run Farmers Coop is now a Credenz dealer. Contact us to find a variety to meet your needs.
Soybean closed the session in the red with 16 to 19 1/2 cent losses. Dalian soybeans closed the 19th at 5,764 yuan/MT (~ $24.25/bu) for March. May beans in China closed in the black at 5,800 yuan/MT (~ $24.40/bu). The ~15 cent carry in China compares to a 2 3/4...
Corn Prices End in Red - January 20, 2021
Wobble Wednesday corn trading saw prices climb back from overnight weakness, March briefly traded above $5.26. Futures ultimately ended 4 to 6 cents lower. March closed with a red candle for the third consecutive session, which is the first time since October the front month continuation had three red candles....
Hogs Bounce Triple Digits - January 20, 2021
The Wobble Wednesday session closed with lean hog futures showing $1.20 to $1.95 gains to fade Tuesday losses. Pork cutout futures ended the session $1.02 to $1.20 higher. The CME Lean Hog Index was back up by 36 cents on 1/18 to $65.92. USDA’s National Average Base Hog price was...
Wheat Closes in Red on Wednesday - January 20, 2021
Front month wheat futures ended the Wednesday session with losses. SRW futures closed 0.67% to 1.3% in the red. December Chicago futures dropped a dime to $6.55. KC HRW closed 1.1% to 1.2% weaker. The new crop Chi/KC spread is 6 3/4 cents. Minneapolis wheat futures ended the Wednesday session...
Cattle Close Mixed on Wednesday - January 20, 2021
At the close on Wednesday, Feb cattle futures were 2 cents higher to $113.50. The other finished cattle futures closed the Wednesday session down 37 to 57 cents. Feeder cattle futures closed the session with gains of $0.72 to $1.12. The CME Feeder Cattle Index was $0.51 lighter at $132.90...
Cotton Closes Higher on Wednesday - January 20, 2021
After trading firm on either side of UNCH at midday, cotton found strength in the afternoon and ended 43 to 44 points higher. Nearby March is 5 points stronger to 81.20 cents/lb. May and October contracts are UNCH, and new crop Dec is down 27 points. Chinese cotton futures closed...