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May 12, 2021
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Cash Bid (5/11) Forward Bid (2021 Crop) Difference
Wheat $7.22 $7.22 … 0.3%, 0.4%, and 0.8%• The market views agricultural lending …
Soybeans
14
Crop Acres 315 316 … 7.18
Crop Insurance Proceeds 1,485.51 … 19.21 145.12
Crop Futures (259.94) (0.03 …
No-Till Soybeans
13 28
Crop Acres 181 218 … 0.02 0.42
Crop Insurance Proceeds 2,674.13 … 5,866.20 1.27 26.91
Crop Futures (161.24) (0.04) (0.89 …
Irrigated Corn
98
Crop Acres 477 478 … 2.11
Crop Insurance Proceeds 5,419.39 … 24.29
Crop Futures (6,829.85) (0.09 …
Irrigated Soybeans
16 27
Crop Acres 200 188 … 0.03) (1.52)
Crop Insurance Proceeds 2,317.05 … 3,301.59 0.31 17.56
Crop Futures (349.41) (0.03) (1.75 …
Wheat
346
Crop Acres 668 686 … 1.22
Crop Insurance Proceeds 10,987.11 … 13.90
Crop Futures (376.30) (0.02 …
Corn
49
Crop Acres 612 712 … 0.18
Crop Insurance Proceeds 4,713.82 … 13.43 242.98
Crop Futures 50.79 0.00 …
Soybeans
53
Crop Acres 201 250 … 0.20 0.00 0.00 0.00
Crop Insurance Proceeds 1,164.98 … 11,370.32 2.40 45.48
Crop Futures (57.66) (0.01 …
No-Till Corn
79 92
Crop Acres 547 627 … 0.02) (1.45)
Crop Insurance Proceeds 9,832.63 … 0.34 22.20
Crop Futures (1,406.79) (0.04 …
Irrigated Grain Sorghum
7
Crop Acres 105 81 … 3.68 0.00 0.00 0.00
Crop Insurance Proceeds 881.10 … 2,207.24 0.37 27.25
Crop Futures 0.00 0.00 0.00 0.00 …