The Local Advantage
With 20+ locations across Ohio, a Heritage Cooperative® grain facility is never far away. Between our well-trained employees and well-maintained equipment, our goal is to get you unloaded and back on the road as quickly as possible. Many of our locations are open extra hours during harvest season to keep local combines rolling.
Just as importantly, however, is that your Heritage grain team works for you, our farmer-owners. It’s in our best interest to get you the highest possible price for your grain. Our traders are in the market every day, and bring years of grain marketing experience to bear on your behalf.
Ask the Expert: Grain
Have a question about grain marketing, pricing strategies or world and national events affecting the grain markets? Send them to us, and read the answers to previous questions here!
New Grain App
The Heritage Cooperative app provides real-time harvest information to better serve you.
Cash Bids & Futures
@CK4
| Symbol | Contract | Last | Open | Close | High | Low | Change | ||
|---|---|---|---|---|---|---|---|---|---|
| May '24 | @C4K | May '24 | 4.5600 | 4.5700 | 4.5950 | 4.5500 | -0.0100 | ||
| Jul '24 | @C4N | Jul '24 | 4.6825 | 4.6850 | 4.7200 | 4.6675 | -0.0075 | ||
| Sep '24 | @C4U | Sep '24 | 4.7675 | 4.7650 | 4.7925 | 4.7450 | 0.0000 | ||
| Dec '24 | @C4Z | Dec '24 | 4.8900 | 4.8850 | 4.9100 | 4.8600 | 0.0050 | ||
| Symbol | Contract | Last | Open | Close | High | Low | Change | ||
| May '24 | @S4K | May '24 | 12.3925 | 12.3450 | 12.3925 | 12.3000 | 0.0450 | ||
| Jul '24 | @S4N | Jul '24 | 12.4750 | 12.4700 | 12.5500 | 12.4025 | -0.0125 | ||
| Aug '24 | @S4Q | Aug '24 | 12.4525 | 12.4300 | 12.5125 | 12.3750 | -0.0075 | ||
| Sep '24 | @S4U | Sep '24 | 12.2675 | 12.2125 | 12.2875 | 12.1625 | 0.0250 | ||
| Symbol | Contract | Last | Open | Close | High | Low | Change | ||
| May '24 | @W4K | May '24 | 6.3500 | 6.3500 | 6.3225 | 6.3500 | 6.3500 | 0.0275 | |
| Jul '24 | @W4N | Jul '24 | 6.4625 | 6.4575 | 6.5375 | 6.3600 | -0.0250 | ||
| Sep '24 | @W4U | Sep '24 | 6.6575 | 6.6600 | 6.7300 | 6.5600 | -0.0275 | ||
| Dec '24 | @W4Z | Dec '24 | 6.9075 | 6.9050 | 6.9700 | 6.8100 | -0.0250 | ||
Weather
68
Sunny
Feels Like
68 F
Humidity
71 %
Dew Point
58 F
Barometer
29.83 inHg
Winds
S 5 mph
Sunrise
06:24 AM
Sunset
08:35 PM
Tue 5/07
Wed 5/08
Thu 5/09
Fri 5/10
Sat 5/11
High
78 F
81 F
65 F
62 F
63 F
Low
56 F
60 F
54 F
47 F
45 F
Precip
74 %
54 %
70 %
42 %
70 %
Current Rates & Discounts
Click to download PDFs
Grain Discount Schedules
Rates & Service Charges
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Contact us with your questions.
DTN Cash Bid Updates
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Grain Marketing & Services
There are plenty of options for storing, selling and taking payment for your grain at Heritage Cooperative. You may click on any of the topics listed below, contact our Grain Department. We’d be happy to provide further explanation.
Click each topic for more information
Spot Sale
Spot Sale
Grain is delivered to the elevator for the current cash price. Unless specified, bushels delivered for cash/spot sale will receive the closing price on the day the grain is delivered.
Fixed Price Contract
Fixed Price Contract
An agreement that establishes a fixed price, Chicago Board of Trade plus local basis, for a specified amount of grain to be delivered to a named location during an agreed upon delivery period.
Basis Contract
Basis Contract
An agreement that establishes basis, which is the difference between the Chicago Board of Trade and the local cash grain price, for a specified amount of grain for any delivery period and location. The basis is the only fixed portion of the price. A monetary advance can be requested after delivery of the bushels. Final Pricing must be completed prior to an agreed upon expiration date.
Target Price Order
Target Price Order
The customer sets a target price that if hit will result in a fixed price contract or as pricing for delayed price bushels. If the target is hit the contract is written or the delayed price bushels are settled.
Hedge to Arrive Contract
Hedge to Arrive Contract
An agreement that establishes the Chicago Board of Trade price for a specified amount of grain to be delivered to a named location during a specified delivery period. The delivery period cannot exceed 12 months from the contract date. The futures price is the only fixed portion of the price. Final pricing must be completed prior to an agreed upon expiration date or at time of delivery, whichever occurs first. Service fees will apply.
Delayed Price
Delayed Price
Grain can be delivered to the elevator with title passing to Heritage Cooperative. The customer can price the grain for the current market price at a later date.
Open Storage
Open Storage
Grain is delivered to the elevator and title remains with the customer. Open storage is commonly used for government loan programs. Space available for open storage may be limited and storage rates will apply.
Deferred Payment
Deferred Payment
The customer may elect to defer payment for grain delivered against contracts or spot sales. Deferred payment periods are pre-set and current interest rates apply.
Brokerage Service
Brokerage Service
Brokerage services are available for producers interested in setting up hedging accounts for their personal farm operation and risk management practices. The trading of futures and options involves substantial risk of loss and is not suitable for all investors.
Grain News
USDA Daily Market Rates 05/07
5/7/2024 - 07:01:00
USDA Daily Market Rates 05/07
DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES)
Effective: May 07, 2024
The following Market Rates are established to aid in the development of the
Posted
County Prices (PCPs) which are used by county Farm Services Agency (FSA) Offices
for loan redemption
purposes. Uses of these rates for other purposes may not be appropriate.
Questions concerning the grain, pulses and oilseed market values should be
directed to:
Agricultural Marketing Service/Warehouse & Commodity Management
Division/Commodity Management Branch
at: (816) 926-3816
THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (E.T.) 05/07/2024
COMMODITIES
Wheat (BU) Wheat (BU) Wheat (BU) Wheat (BU)
MARKET HRW HRS SRW SWW
AMA 6.20 */(17)
CIN 5.64 */(37)
EVN 6.04 */(38)
GLF 8.40 */(18) */(19) 6.69 */(39)
*/(20) */(21)
*/(22)
KCM 7.52 */(23) 6.02 */(40)
MEM 5.97 */(41)
MIN 8.13 */(24) */(25) 7.62 */(15)
PNW 7.90 */(26) 7.89 */(16) 7.19 */(43) */(44)
TOL 6.19 */(42) 6.19 */(45)
WCD 7.90 */(27) */(28) 7.19 */(46)
THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (E.T.) 05/07/2024
COMMODITIES
Wheat (BU) Corn (BU) Barley (BU)
MARKET HAD YC BRL
AMA 5.49 */(47)
CIN 4.66 */(48)
GLF 5.07 */(49) */(50) 4.52 */(1)
*/(51) */(52)
KCM 4.84 */(53) 4.27 */(2)
LOS 10.50 */(11) */A
MEM 4.77 */(54)
MIN 9.50 */(12) */B 4.57 */(55) 3.94 */(3) */(4)
*/(5)
PNW 10.15 */(13) */C 6.04 */(56) */(57) 4.35 */(6) */(7)
TKO 4.67 */(58) */(59)
*/(60)
TOL 4.37 */(61)
WCD 10.55 */(14) */D 6.04 */(62) 4.80 */(8) */(9)
*/(10)
DURUM DISCOUNTS
*/A LOS DISCOUNT ($-0.75) FOR AMBER DURUM AND ($-1.00) FOR DURUM
*/B MIN DISCOUNT ($-1.00) FOR AMBER DURUM AND ($-1.40) FOR DURUM
*/C PNW DISCOUNT ($-1.10) FOR AMBER DURUM AND ($-1.50) FOR DURUM
*/D WCD DISCOUNT ($-0.75) FOR AMBER DURUM AND ($-1.00) FOR DURUM
THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (E.T.) 05/07/2024
COMMODITIES
Oats (BU) Soybeans (BU) Grain Sorghum (CWT)
MARKET OAT YSB SOR
CIN 12.48 */(63) 8.89 */(31)
GLF 12.85 */(64) */(65) 9.50 */(32)
*/(66) */(67)
*/(68) */(69)
*/(70)
KCM 12.34 */(71)
MEM 12.49 */(72) 9.84 */(33)
MIN 4.59 */(29) 12.29 */(73) */(74)
NCD 8.73 */(34)
PNW 4.27 */(30) 13.79 */(75)
SCD 8.20 */(35)
TKO 12.50 */(76) */(77)
TOL 12.09 */(78)
WCD 11.76 */(36)
COMMODITIES
BRL - Barley
HAD - Durum
HRS - Hard Red Spring
HRW - Hard Red Winter
OAT - Oats
SOR - Sorghum
SRW - Soft Red Winter
SWW - Soft White Wheat
YC - Yellow Corn
YSB - Yellow Soybeans
MARKET REGIONS
GLF - Gulf Marketing Area
KCM - Kansas City Marketing Area
MIN - Minnesota Marketing Area
PNW - Pacific Northwest
WCD - West Coast Domestic
LOS - Los Angeles, CA
AMA - Amarillo, TX
CIN - Cincinnati, OH
MEM - Memphis, TN
NCD - North Central Domestic
SCD - South Central Domestic
EVN - Evansville, IN
TOL - Toledo, OH
TKO - Decatur, IL
****NOTE CHANGES TO DIFFERENTIAL INFORMATION EFFECTIVE 05/07/2024 *****
POSTED COUNTY PRICE DIFFERENTIAL INFORMATION (Cents per bushel except as noted)
UNTIL FURTHER NOTICE THE TERMINAL MARKETS LISTED BELOW WILL HAVE DIFFERENTIALS
ADJUSTED AS FOLLOWS:
(1) GLF BRL differentials add -0.49 cents/bu (Effective 4/18/2024)
(2) KCM BRL differentials add -0.59 cents/bu (Effective 4/18/2024)
(3) MIN BRL differentials in MT add 0.00 cents/bu (Effective 6/25/2020)
(4) MIN BRL differentials in WY add 0.00 cents/bu (Effective 6/30/2023)
(5) MIN BRL differentials add -0.27 cents/bu (Effective 4/18/2024)
(6) PNW BRL differentials in MT add 0.00 cents/bu (Effective 7/5/2023)
(7) PNW BRL differentials add -0.28 cents/bu (Effective 4/26/2024)
(8) WCD BRL differentials in ID add 0.00 cents/bu (Effective 6/30/2023)
(9) WCD BRL differentials in MT add 0.00 cents/bu (Effective 6/30/2023)
(10) WCD BRL differentials add -0.17 cents/bu (Effective 4/26/2024)
(11) LOS HAD differentials add -0.05 cents/bu (Effective 4/15/2024)
(12) MIN HAD differentials add 0.17 cents/bu (Effective 4/23/2024)
(13) PNW HAD differentials add 0.05 cents/bu (Effective 4/15/2024)
(14) WCD HAD differentials add -0.15 cents/bu (Effective 4/15/2024)
(15) MIN HRS differentials add 0.03 cents/bu (Effective 5/6/2024)
(16) PNW HRS differentials add 0.05 cents/bu (Effective 3/4/2024)
(17) AMA HRW differentials add 0.00 cents/bu (Effective 4/23/2024)
(18) GLF HRW differentials in OK add 0.00 cents/bu (Effective 7/17/2018)
(19) GLF HRW differentials in KS add 0.00 cents/bu (Effective 8/21/2023)
(20) GLF HRW differentials in CO add 0.00 cents/bu (Effective 9/19/2023)
(21) GLF HRW differentials in NE add 0.00 cents/bu (Effective 10/17/2023)
(22) GLF HRW differentials add -1.17 cents/bu (Effective 5/6/2024)
(23) KCM HRW differentials add -0.69 cents/bu (Effective 5/2/2024)
(24) MIN HRW differentials in SD add 0.00 cents/bu (Effective 10/11/2023)
(25) MIN HRW differentials add -1.29 cents/bu (Effective 5/2/2024)
(26) PNW HRW differentials add -0.78 cents/bu (Effective 5/3/2024)
(27) WCD HRW differentials in CA add 0.00 cents/bu (Effective 6/25/2020)
(28) WCD HRW differentials add -0.98 cents/bu (Effective 5/6/2024)
(29) MIN OAT differentials add -0.64 cents/bu (Effective 5/3/2024)
(30) PNW OAT differentials add -0.19 cents/bu (Effective 4/25/2024)
(31) CIN SOR differentials add -0.34 cents/cwt (Effective 5/6/2024)
(32) GLF SOR differentials add -0.67 cents/cwt (Effective 5/6/2024)
(33) MEM SOR differentials add -1.20 cents/cwt (Effective 4/16/2024)
(34) NCD SOR differentials add -0.57 cents/cwt (Effective 5/1/2024)
(35) SCD SOR differentials add 0.00 cents/cwt (Effective 11/29/2023)
(36) WCD SOR differentials add -2.24 cents/cwt (Effective 5/6/2024)
(37) CIN SRW differentials add 0.00 cents/bu (Effective 9/26/2023)
(38) EVN SRW differentials add 0.00 cents/bu (Effective 5/6/2024)
(39) GLF SRW differentials add -0.27 cents/bu (Effective 5/7/2024)
(40) KCM SRW differentials add 0.17 cents/bu (Effective 5/7/2024)
(41) MEM SRW differentials add 0.00 cents/bu (Effective 3/15/2024)
(42) TOL SRW differentials add -0.11 cents/bu (Effective 5/2/2024)
(43) PNW SWW differentials in ID add 0.00 cents/bu (Effective 6/2/2017)
(44) PNW SWW differentials add -0.48 cents/bu (Effective 2/12/2024)
(45) TOL SWW differentials add 0.00 cents/bu (Effective 2/12/2024)
(46) WCD SWW differentials add -0.48 cents/bu (Effective 2/12/2024)
(47) AMA YC differentials add -0.43 cents/bu (Effective 5/6/2024)
(48) CIN YC differentials add 0.07 cents/bu (Effective 5/7/2024)
(49) GLF YC differentials in MN add 0.00 cents/bu (Effective 6/25/2020)
(50) GLF YC differentials in MO add 0.00 cents/bu (Effective 8/21/2023)
(51) GLF YC differentials in IA add 0.00 cents/bu (Effective 12/19/2023)
(52) GLF YC differentials add 0.00 cents/bu (Effective 5/7/2024)
(53) KCM YC differentials add -0.06 cents/bu (Effective 5/7/2024)
(54) MEM YC differentials add 0.00 cents/bu (Effective 5/7/2024)
(55) MIN YC differentials add 0.00 cents/bu (Effective 4/30/2024)
(56) PNW YC differentials in ND add 0.00 cents/bu (Effective 6/25/2020)
(57) PNW YC differentials add -0.78 cents/bu (Effective 5/7/2024)
(58) TKO YC differentials in WI add 0.00 cents/bu (Effective 9/11/2023)
(59) TKO YC differentials in IL add 0.00 cents/bu (Effective 5/2/2024)
(60) TKO YC differentials add 0.13 cents/bu (Effective 5/7/2024)
(61) TOL YC differentials add 0.00 cents/bu (Effective 11/28/2023)
(62) WCD YC differentials add -0.59 cents/bu (Effective 5/6/2024)
(63) CIN YSB differentials add -0.11 cents/bu (Effective 5/7/2024)
(64) GLF YSB differentials in MS add 0.00 cents/bu (Effective 6/29/2023)
(65) GLF YSB differentials in LA add 0.00 cents/bu (Effective 6/29/2023)
(66) GLF YSB differentials in AL add 0.00 cents/bu (Effective 6/29/2023)
(67) GLF YSB differentials in MO add 0.00 cents/bu (Effective 8/21/2023)
(68) GLF YSB differentials in IA add 0.00 cents/bu (Effective 1/16/2024)
(69) GLF YSB differentials in MN add 0.00 cents/bu (Effective 5/7/2024)
(70) GLF YSB differentials add -0.20 cents/bu (Effective 5/7/2024)
(71) KCM YSB differentials add -0.04 cents/bu (Effective 5/7/2024)
(72) MEM YSB differentials add -0.05 cents/bu (Effective 5/7/2024)
(73) MIN YSB differentials in WI add 0.00 cents/bu (Effective 5/1/2024)
(74) MIN YSB differentials add -0.14 cents/bu (Effective 5/7/2024)
(75) PNW YSB differentials add -0.99 cents/bu (Effective 5/7/2024)
(76) TKO YSB differentials in IL add 0.00 cents/bu (Effective 9/11/2023)
(77) TKO YSB differentials add -0.12 cents/bu (Effective 5/7/2024)
(78) TOL YSB differentials add 0.00 cents/bu (Effective 2/12/2024)
MINOR OILSEEDS
THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (ET)
05/07/2024 ALL PRICES PER CWT.
MARKET CAN CRA RAP FLX MUS SAF SEM SUN
ARL 19.08
AUG 19.08
CAR 19.74
COL 50.00
COR 50.00
FAR 23.21 14.38
GFK 55.00
GRF 18.00 23.21 55.00
LAM 16.00
PAR 20.00
RDW 20.28 23.66
RIC 50.00
VEL 20.43
COMMODITIES: MARKETS:
CAN - CANOLA ARL - ARLINGTON, GA
CRA - CRAMBE AUG - AUGUSTA, GA
RAP - RAPESEED CAR - CARRINGTON, ND
FLX - FLAX COL - COLUSA, CA
SEM - SESAME SEED COR - CORCORAN, CA
SUN - SUNFLOWER SEEDS (OIL TYPE) FAR - FARGO, ND
SAF - SAFFLOWER GFK - GRAND FORKS, ND
MUS - MUSTARD (INCLUDES): GRF - GREAT FALLS, MT
YMU - YELLOW LAM - LAMAR, CO
BMU - BROWN PAR - PARIS, TX
CMU - ORIENTAL RDW - RED WING, MN
XMU - MIXED RIC - RICHMOND, CA
VEL - VELVA, ND
PULSES
THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (ET)
05/07/2024. ALL PRICES PER CWT.
MARKET CHL CHK LEN PEA
USP 35.58 26.58 40.79 14.02
COMMODITIES: MARKETS:
CHL - LARGE CHICKPEAS
CHK - SMALL CHICKPEAS USP - United States Pulses
LEN - LENTILS
PEA - PEAS*
YPE - YELLOW
GPE - GREEN
* ALSO INCLUDES, WRINKLED, DRY, WINTER DRY (AUSTRIAN WINTER),
MISCELLANEOUS (MARROWFAT - TYPE PEAS), MIXED.
COTTON PRICES
UPLAND COTTON ADJUSTED WORLD PRICE (AWP), FINE COUNT ADJUSTMENT (FCA), COARSE
COUNT ADJUSTMENT (CCA), and
MARKETING LOAN GAIN/LOAN DEFICIENCY PAY RATE (LDP) effective 12:01 a.m. Eastern
Time, Friday, 05/03/24,
through midnight Eastern Time, Thursday, 05/09/24:
AWP = 60.55 cents per pound
FCA 2022 crop = 0.10 cents per pound
FCA 2023 crop = 0.35 cents per pound
CCA = 0.00 cents per pound
LDP Rate = 0.00 cents per pound, subject to allowable fine count or coarse count
adjustment.
The next scheduled AWP, FCA, CCA, and LDP announcement will be at 4:00 p.m.
Eastern Time, Thursday, 05/09/24.
The following world prices of rice are effective from 05/01/24 at
7:00 am eastern time until the next announcement occurs. The next
price announcement is scheduled for 05/08/24 at 7:00 am eastern time.
. Rates Per Hundredweight Rough
Rates Per Pound For . Rice for Farm-Stored and
Milled Rice Kernels . Warehouse Loans and LDPs
_____________________________________________________________________
.
2022 CROP
. World Loan Market
World Loan . Market Gain and
Price Rate . Index LDP Rate
----Cents/Pound---- . ---$/Hundredweight---
.
Long 23.73 11.13 . 18.85 0.00
Med/Short 23.44 10.49 . 18.98 0.00
Broken 13.80 6.47 . na na
_____________________________________________________________________
.
2023 CROP . World Loan Market
World Loan . Market Gain and
Price Rate . Index LDP Rate
----Cents/Pound---- . ---$/Hundredweight---
.
Long 24.09 11.15 . 19.00 0.00
Med/Short 23.61 10.44 . 19.25 0.00
Broken 14.57 6.74 . na na
_____________________________________________________________________
The above prices are based on the following loan rates, world prices
and milling yields per hundredweight of rough rice:
2022 CROP
Loan Rate World Price . Whole/Broken Yield
------ $/Cwt ------ . (Pounds/Cwt)
.
Long 6.81 14.53 . 50.62/18.25
Med/Short 6.93 15.42 . 60.20/9.50
2023 CROP
Loan Rate World Price . Whole/Broken Yield
------ $/Cwt ------ . (Pounds/Cwt)
.
Long 6.76 14.61 . 49.14/18.91
Med/Short 7.04 15.85 . 61.79/8.91
Market Commentary
Understand how the latest news and world events are likely to affect U.S. grain markets. Our grain specialists weigh in weekly.
Regional Grain Branches
Corporate Office
grain@heritagecooperative.com
877-240-4393
Kenton Grain
800-288-2318
Upper Sandusky Grain
800-686-9278
Urbana Grain
800-424-2584
Mechanicsburg Grain
937-834-2416
Marysville Ag Campus
937-642-3841
Canfield Region
800-772-7707