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Gavilon cash grain bids.....
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coochief
Posted 3/22/2013 16:42 (#2983516)
Subject: Gavilon cash grain bids.....


SE MT

Edited:   Sorry, can't get the bold print to go away.

Gavilon has a real nice website http://www.gavilon.com/locations#cashbids for Cash bids.  They do not have it for my closest elevator Billings MT.   They had 82 elevators listed.  But had fun comparing basis and new crop vs. old crop spreads. 

 I used Creston Iowa for example (see below, copy & paste).   $2. 30 spread from old crop to new crop!       Holding old crop corn past March 13' does not pay currently, only 3 cent reward for waiting till July cash bid. 

I think basis contracts might be the way to go if you are not yet content with todays prices.   I'm still stumped on how to deal with next years crop....  Same issues on old vs.new wheats,  sold some old crop DNS on a basis contract last week, yet to lock the futures board.  

I guess we will all know the answers a year from now...    For now I guess we just let Fry, Cupps bros, Clicker, Garvo, and the rest of the "Good ol' boys" keep us entertained and keep our sanity..... 

Does anyone have other websites that conveniently show basis and cash bids??

http://www.gavilon.com/locations#cashbids

Gavilon Grain - Creston

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Cash Bid Information

Please refresh this page to see the most recent data (information below will not update automatically). Futures prices are delayed by ten minutes. All cash bids are subject to change without notice. Call the facility to confirm current prices.

Gavilon Grain - Creston

Cash bids for Friday, March 22, 2013, at 3:15 PM (CDT).

YELLOW CORN
DeliveryBidBasisFuturesChangeFutures MonthLast Trade*
Mar 20137.590.337.2625-6.75May 13 Corn (E)02:00 PM
Apr 20137.600.347.2625-6.75May 13 Corn (E)02:00 PM
May 20127.640.387.2625-6.75May 13 Corn (E)02:00 PM
June 20137.620.537.0850-8.75Jul 13 Corn (E)02:00 PM
July 20137.620.537.0850-8.75Jul 13 Corn (E)02:00 PM
New Crop 135.30-0.355.6525-3.25Dec 13 Corn (E)02:00 PM
YELLOW SOYBEANS
DeliveryBidBasisFuturesChangeFutures MonthLast Trade*
LH Mar 201314.460.0514.4050-8.50May 13 Soybeans (E)02:00 PM
Apr 201314.410.0014.4050-8.50May 13 Soybeans (E)02:00 PM
May 201314.410.0014.4050-8.50May 13 Soybeans (E)02:00 PM
New Crop 1311.99-0.6512.6375-11.50Nov 13 Soybeans (E)02:00 PM

 



Edited by coochief 3/22/2013 16:45
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