📈 Commodity Prices Today

Grain futures prices on AGSIST refresh every 30 minutes during CME trading hours Monday through Friday, sourced from Yahoo Finance. The timestamp at top right shows time since the last update. Weekend prices reflect the last Friday settlement. For real-time streaming quotes, use the TradingView chart on each commodity's detail page (corn, soybeans, or wheat).

US grain futures are priced in US dollars. When the Dollar Index (DXY) rises, US grain becomes more expensive for foreign buyers paying in other currencies — which reduces export demand and typically pressures corn and soybean futures prices. When the dollar weakens, US exports become more price-competitive globally, which tends to support futures prices. A 5-point swing in DXY can influence corn and soybean prices by 10–30 cents depending on the export demand environment. This is why the Dollar Index is shown alongside grain prices on the AGSIST markets page.

Natural gas is the primary feedstock for nitrogen fertilizer production, including anhydrous ammonia, urea, and UAN. Ammonia production is energy-intensive — approximately 33 mmBtu of natural gas per ton of anhydrous ammonia. When natural gas prices rise above $3.50–$4.00 per mmBtu, nitrogen fertilizer costs typically follow within 60–90 days as producers reprice inventory. Monitoring natural gas prices lets you anticipate input cost changes before making fertilizer purchase decisions. AGSIST shows Henry Hub natural gas futures so you can track this input alongside grain prices.

Class III Milk (DC=F) is the futures benchmark for fluid milk used in cheese production, priced in dollars per hundredweight (100 lbs). It's included because dairy operations compete for corn and soybean meal as feed inputs — dairy herd profitability directly affects corn and soy meal demand. Strong milk prices typically support feed grain demand; weak milk prices can cause herd liquidation that temporarily reduces feed grain consumption. For grain producers selling into dairy feed markets, milk prices are a key demand signal.

AGSIST's Cash Bids page shows live local elevator bids sourced from the Barchart OnDemand API, located by your GPS position or ZIP code. This shows the actual price your nearest elevators are paying for corn and soybeans today — including the local basis, which is the difference between the futures price and what your elevator pays. Cash bid data is essential for storage and marketing decisions because basis varies significantly by location, season, and elevator competition.