To view Pride Ag Resources Historical Prices and Basis click here.
As you are well aware of, the grain futures markets have been very volatile because of the Russia/Ukraine conflict. Now basis is becoming just as volatile. At this point, we are going to buy new crop wheat against the September futures with a September basis. There is a significant inverse from the July to the September, and traders are unwilling to buy July wheat. They are quoting off the September futures. For as long as most of us have been in the grain business, we have not encountered these same circumstances, and we understand there are a lot of unknowns at stake. Please call the main office, and we’ll be happy to discuss the options we have in regards to forward contracting July wheat.
Pride Ag Resources
Pride Ag Resources 106th Annual Meeting
May 24th, 2022, 6:00PM
Dodge City USD 443, Civic Center 2110 First Ave.
Pride Ag Resources is pleased to announce, our Annual Meeting guest speaker will be Gregg Doud. Gregg served in the Office of the U.S. Trade Representative, as Chief Agricultural Negotiator with the rank of U.S. Ambassador. He was one of the primary architects of the U.S.-China "Phase One" trade agreement. Gregg has previously served as President of the Commodity Markets Council, was a senior staff member of the Senate Agriculture Committee, and he helped craft the 2012 Senate Farm Bill. Doud served as Chief Economist for the National Cattlemen’s Beef Association for eight years and is a former market analyst for the U.S. Wheat Associates. I hope you can attend to listen to a very insightful speaker.
Pride Ag Reosurces is here to help with your Hedging and Market needs. Click here for additional information.
Services:
Advantage Secure : Special financing options for approved customers to finance Chemical, Seed, Fertilizer and Application . 0-2% for A& B Credit backed by Winfield United
Advantage GFI : Marketing program utilizing forward grain contracts to purchase forward input needs. The program allows mechanisms for the customer to contract grain in months of historical highs to pay for inputs. Example , contract New Crop 2022 grain for 2023 inputs.
Advantage RX: Under development, Prescription of Seed, Fertility, etc. that provides a level
- Crop Plan: PAR Agronomy Business Manager: Fertility plan, Seed plan, Herbicide and fungicide plan. If there is a claim, we will need invoices for verification. Soil sample to start and fields mapped.
- Warranty on production – level TBD based on farm qualifications.
Pride Ag Resources is excited to announce our "New Pride Ag Resources app" powered by Bushel. Download the free App from Google Play Store or Apple App Store.
- July Cotton Has Near Limit Loss
- July cotton fell over 3% on Thursday with a 455 point loss and closed just 25 points off the low. New crop cotton started Thursday weak as well, but followed the other row crops higher. The new crop contracts went home on Thursday with 28 to 53 point losses. July’s...
- Cattle Close Mostly Lower
- Live cattle futures closed mixed as the nearby June and August months held onto 7 to 10 cent gains due to the firmer cash market. The deferred months ended the day 2 to 27 cents weaker, which loosened the Dec-June premium to $11.42. USDA reported light Thursday cash business from...
- Hogs Closed Triple Digits Higher
- Front month lean hog futures ended the Thursday round of trading with triple digit gains of as much as $3.87 in the July contract. USDA’s National Average Base Hog price for Thursday afternoon was $1.27 weaker to $111.35. CME’s Lean Hog Index for 5/24 was up by 84 cents to...
- Corn Futures Close Mid-Range on Red Thursday
- Front month corn prices ended the day with 3 1/2 to 7 1/4 cent losses. The board was down double digits early on Thursday before rising into midday. That rally ultimately failed and the market closed mostly mid-range USDA reported 151,646 MT of old crop corn was sold for export...
- Soybeans Close Off Highs but Still Up Double Digits
- After overnight weakness the soy complex took off as July beans were up +50 cents by midday. Going into the close the rally cooled off and soybeans went home 22 1/2 to 45 1/2 cents in the black. Meal futures also cooled off, but held onto $3.80 to $4.10/ton gains....
- Mixed Thursday for Wheat Market
- Wheat futures followed soybeans higher through midday, and rallied +40 cents off Thursday’s earlier lows. Ultimately winter wheat futures faded back to red for the close. SRW ended the day 3 1/4 to 5 cents lower in the front months, and KC wheat closed with 3 1/2 to 4 3/4...
Locations
Grain Elevators
Beeler Branch 101 S Main Beeler, KS 67518 Phone: (785) 848-2224 |
Cimarron Branch 122 S Main Cimarron, KS 67835 Phone: (620) 855-3421 |
Dodge City 708 W.Trail Dodge City, KS 67801 Phone: (620) 227-8671 |
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Ensign Branch |
Ford Branch |
Grey Branch |
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Haggard Branch |
Hanston Branch |
Howell Branch |
|
Ingalls Branch |
Jetmore Branch |
Kalvesta Branch |
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Kingsdown Branch |
Montezuma Branch |
Saddle Road Branch |
Agronomy Facilities |
ACE Hardware Retail Stores |
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Beeler - Agronomy 101 S Main Beeler, KS 67518 Phone: (785) 848-2224 |
Dodge City Feedmill 708 W Trail Dodge City, KS 67801 Phone: (620) 227-8671 |
Ensign 706 Bent Street Ensign, KS 67801 Phone: (620) 865-2221 |
Ace Dodge City 401 W. Trail Dodge City, KS 67801 Phone: (620) 225-0067 |
Ace Lyon's 1121 W. Main Lyon's, KS 67554 Phone: (620) 257-5000 |
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Ingalls Fertilizer |
Montezuma Fertilizer |
Richland Valley |
Ace Meade |
Ace Maize |
Car Care Centers
Jetmore Car Care
1220 S Main
Jetmore, KS 67854
Phone: (620) 357-5414
Locations
Grain Elevators
Beeler Branch 101 S Main Beeler, KS 67518 Phone: (785) 848-2224 |
Cimarron Branch 122 S Main Cimarron, KS 67835 Phone: (620) 855-3421 |
Dodge City 708 W.Trail Dodge City, KS 67801 Phone: (620) 227-8671 |
|
Ensign Branch |
Ford Branch |
Grey Branch |
|
Haggard Branch |
Hanston Branch |
Howell Branch |
|
Ingalls Branch |
Jetmore Branch |
Kalvesta Branch |
|
Kingstown Branch |
Montezuma Branch |
Saddle Road Branch |
Agronomy Facilities |
|
Beeler - Agronomy 101 S Main Beeler, KS 67518 Phone: (785) 848-2224 |
Dodge City Feedmill 708 W Trail Dodge City, KS 67801 Phone: (620) 227-8671 |
Ingalls Fertilizer |
Montezuma Fertilizer |
ACE Hardware Retail Stores |
|
Ace Dodge City 401 W. Trail Dodge City, KS 67801 Phone: (620) 225-0067 |
Ace Lyon's 1121 W. Main Lyon's, KS 67554 Phone: (620) 257-5000 |
Ace Meade 923 W Carthage Meade, KS 67864 Phone: (620) 873-2234 |
Ace Maize 5204 N Maize Maize, KS 67101 Phone: (316) 722-0181 |
Car Care Centers
Jetmore Car Care
1220 S Main
Jetmore, KS 67854
Phone: (620) 357-5414