Announcements

2023 Spring Production reports have been mailed out. Please contact your agent if you have any questions about filling out your paperwork.

Please notify your Agent to turn in an appraisal before chopping corn. 

2024 Wheat applications are due September 30th if you plan to make any changes please contact your agent.  

 

 
Pricing

2023 Corn Base Price - Michigan
(Harvest Price set in November for Michigan and October for all other states) 

Yield Protection Base Price  5.91 None   
Revenue Protection Base Price  5.91 Harvest Price  
Revenue Protection w/Harvest Price Exclusion Base Price  5.91 Harvest Price  
ARPI Base Price  5.91 Harvest Price  
ARP None      




2023 Soybean Base / harvest Price - Michigan
(Harvest Price set in October for Michigan and other states)

Yield Protection

Base Price   13.76  None    
Revenue Protection Base Price   13.76  Harvest Price   12.84
Revenue Protection w/Harvest Price Exclusion Base Price      13.76  Harvest Price  12.84
ARPI Base Price   13.76   Harvest Price  12.84
ARP None      



2024 Wheat Base/Harvest Price - Michigan
(Harvest Price set in July) 

Yield Protection                                                       Base Price     None  
Revenue Protection Base Price     6.72 Harvest Price  
Revenue Protection w/Harvest Price Exclusion Base Price     6.72 Harvest Price  
ARPI Base Price     6.72 Harvest Price  
ARP                                                    None       

 

Market Snapshot
Quotes are delayed, as of December 08, 2023, 03:19:23 PM CST or prior.
Local Weather
Forecast
National Newswire
Ag Commentary
Hogs Near Top End of $1.15 Range -

Midday hog futures are trading 40 to 62 cents in the black, with the Feb contract ~20 cents off the session high. Feb futures have seen a$1.15 range

Triple Digit Losses for Cotton After Yield Cut -

Cotton futures are trading triple digits in the red, and are just 11 points off their daily lows. The March contract has printed a 200 point range

Wheat Selling the Fact on Report Day -

After a mostly bull friendly report, the wheat market is trading in the red through Friday’s midday. Chicago futures are down by double digits for

Cattle Rallying Triple Digits through Friday -

Despite a bear friendly report, the cattle futures market is trading with triple digit gains of as much as 1.7%. Feeder cattle are leading the way

Corn Off Highs after Report’s Release -

Midday corn futures are trading a penny to 1 ½ cents in the red, following the report. March is sitting near the low for the day, and is 5 ¼ cents

Beans Fade Initial Report Rally -

Soybeans rallied out of the report initially, but gave it all back and then some for midday quotes 4 ¼ to 5 ¾ cents in the red. Soymeal is trading

Full commentary...


The CME Group Intercontinental Exchange