News & Resources

USDA Daily Market Rates 10/21

21 Oct 2024
USDA Daily Market Rates 10/21 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: October 21, 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.) 10/21/2024 COMMODITIES Wheat (BU) Wheat (BU) Wheat (BU) Wheat (BU) MARKET HRW HRS SRW SWW AMA 5.01 */(17) CIN 4.83 */(37) EVN 5.34 */(38) GLF 7.26 */(18) */(19) 6.18 */(39) */(20) */(21) */(22) KCM 6.56 */(23) 5.28 */(40) MEM 5.38 */(41) MIN 6.31 */(24) */(25) 5.60 */(15) PNW 7.46 */(26) 7.17 */(16) 6.47 */(43) */(44) TOL 5.65 */(42) 5.65 */(45) WCD 7.46 */(27) */(28) 6.47 */(46) THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (E.T.) 10/21/2024 COMMODITIES Wheat (BU) Corn (BU) Barley (BU) MARKET HAD YC BRL AMA 4.95 */(47) CIN 3.85 */(48) GLF 4.55 */(49) */(50) 4.37 */(1) */(51) */(52) KCM 4.35 */(53) 4.12 */(2) LOS 9.40 */(11) */A MEM 4.20 */(54) MIN 8.35 */(12) */B 3.80 */(55) 3.70 */(3) */(4) */(5) PNW 9.10 */(13) */C 5.45 */(56) */(57) 4.61 */(6) */(7) TKO 3.80 */(58) */(59) */(60) TOL 3.70 */(61) WCD 9.45 */(14) */D 5.45 */(62) 5.01 */(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.) 10/21/2024 COMMODITIES Oats (BU) Soybeans (BU) Grain Sorghum (CWT) MARKET OAT YSB SOR CIN 9.65 */(63) 7.69 */(31) GLF 10.25 */(64) */(65) 8.53 */(32) */(66) */(67) */(68) */(69) */(70) KCM 9.60 */(71) MEM 10.03 */(72) 8.39 */(33) MIN 4.28 */(29) 9.85 */(73) */(74) NCD 7.05 */(34) PNW 4.31 */(30) 11.35 */(75) SCD 6.78 */(35) TKO 9.60 */(76) */(77) TOL 9.25 */(78) WCD 10.22 */(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 10/21/2024 ***** 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 -0.51 cents/bu (Effective 10/15/2024) (2) KCM BRL differentials add -0.61 cents/bu (Effective 10/15/2024) (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 -0.20 cents/bu (Effective 10/15/2024) (6) PNW BRL differentials in MT add 0.00 cents/bu (Effective 7/5/2023) (7) PNW BRL differentials add -0.68 cents/bu (Effective 10/16/2024) (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 -0.53 cents/bu (Effective 10/16/2024) (11) LOS HAD differentials add -0.10 cents/bu (Effective 7/8/2024) (12) MIN HAD differentials add 0.12 cents/bu (Effective 10/11/2024) (13) PNW HAD differentials add -0.10 cents/bu (Effective 7/8/2024) (14) WCD HAD differentials add -0.30 cents/bu (Effective 7/8/2024) (15) MIN HRS differentials add 0.43 cents/bu (Effective 10/21/2024) (16) PNW HRS differentials add -0.80 cents/bu (Effective 10/21/2024) (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 -1.03 cents/bu (Effective 10/16/2024) (23) KCM HRW differentials add -0.75 cents/bu (Effective 10/21/2024) (24) MIN HRW differentials in SD add 0.00 cents/bu (Effective 10/11/2023) (25) MIN HRW differentials add -0.42 cents/bu (Effective 10/16/2024) (26) PNW HRW differentials add -1.34 cents/bu (Effective 10/21/2024) (27) WCD HRW differentials in CA add 0.00 cents/bu (Effective 6/25/2020) (28) WCD HRW differentials add -1.54 cents/bu (Effective 10/21/2024) (29) MIN OAT differentials add -1.03 cents/bu (Effective 10/15/2024) (30) PNW OAT differentials add -0.93 cents/bu (Effective 10/21/2024) (31) CIN SOR differentials add -0.37 cents/cwt (Effective 10/21/2024) (32) GLF SOR differentials add -0.87 cents/cwt (Effective 10/16/2024) (33) MEM SOR differentials add -0.92 cents/cwt (Effective 10/21/2024) (34) NCD SOR differentials add -0.06 cents/cwt (Effective 10/21/2024) (35) SCD SOR differentials add 0.00 cents/cwt (Effective 8/13/2024) (36) WCD SOR differentials add -1.91 cents/cwt (Effective 10/17/2024) (37) CIN SRW differentials add 0.00 cents/bu (Effective 10/3/2024) (38) EVN SRW differentials add -0.05 cents/bu (Effective 10/17/2024) (39) GLF SRW differentials add -0.64 cents/bu (Effective 10/17/2024) (40) KCM SRW differentials add 0.05 cents/bu (Effective 10/21/2024) (41) MEM SRW differentials add -0.02 cents/bu (Effective 10/21/2024) (42) TOL SRW differentials add -0.41 cents/bu (Effective 10/21/2024) (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 -0.76 cents/bu (Effective 10/21/2024) (48) CIN YC differentials add 0.01 cents/bu (Effective 10/21/2024) (49) GLF YC differentials in MN add 0.00 cents/bu (Effective 7/19/2024) (50) GLF YC differentials in MO add 0.00 cents/bu (Effective 8/7/2024) (51) GLF YC differentials in IA add 0.00 cents/bu (Effective 10/10/2024) (52) GLF YC differentials add -0.35 cents/bu (Effective 10/21/2024) (53) KCM YC differentials add -0.43 cents/bu (Effective 10/8/2024) (54) MEM YC differentials add -0.21 cents/bu (Effective 10/18/2024) (55) MIN YC differentials add 0.03 cents/bu (Effective 10/21/2024) (56) PNW YC differentials in ND add 0.00 cents/bu (Effective 6/25/2020) (57) PNW YC differentials add -1.09 cents/bu (Effective 10/21/2024) (58) TKO YC differentials in WI add 0.00 cents/bu (Effective 10/17/2024) (59) TKO YC differentials in IL add 0.03 cents/bu (Effective 10/17/2024) (60) TKO YC differentials add 0.10 cents/bu (Effective 10/21/2024) (61) TOL YC differentials add 0.00 cents/bu (Effective 10/21/2024) (62) WCD YC differentials add -0.89 cents/bu (Effective 9/24/2024) (63) CIN YSB differentials add -0.11 cents/bu (Effective 10/21/2024) (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 MO add 0.00 cents/bu (Effective 7/12/2024) (67) GLF YSB differentials in IA add 0.00 cents/bu (Effective 7/19/2024) (68) GLF YSB differentials in AL add 0.00 cents/bu (Effective 7/29/2024) (69) GLF YSB differentials in MN add 0.00 cents/bu (Effective 8/16/2024) (70) GLF YSB differentials add -0.41 cents/bu (Effective 10/21/2024) (71) KCM YSB differentials add -0.16 cents/bu (Effective 10/21/2024) (72) MEM YSB differentials add -0.40 cents/bu (Effective 10/21/2024) (73) MIN YSB differentials in WI add 0.00 cents/bu (Effective 8/19/2024) (74) MIN YSB differentials add -0.51 cents/bu (Effective 10/21/2024) (75) PNW YSB differentials add -1.38 cents/bu (Effective 10/21/2024) (76) TKO YSB differentials in IL add 0.00 cents/bu (Effective 7/24/2024) (77) TKO YSB differentials add -0.10 cents/bu (Effective 10/17/2024) (78) TOL YSB differentials add 0.00 cents/bu (Effective 10/16/2024) MINOR OILSEEDS THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (ET) 10/21/2024 ALL PRICES PER CWT. MARKET CAN CRA RAP FLX MUS SAF SEM SUN ARL 17.00 AUG 17.00 CAR 17.66 COL 50.00 COR 50.00 FAR 22.71 18.58 GFK 30.00 GRF 18.00 23.21 30.00 LAM 19.50 PAR 20.00 RDW 18.20 22.71 RIC 50.00 VEL 18.35 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) 10/21/2024. ALL PRICES PER CWT. MARKET CHL CHK LEN PEA USP 31.67 21.67 34.29 12.71 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, 10/18/24, through midnight Eastern Time, Thursday, 10/24/24: AWP = 59.24 cents per pound FCA 2023 crop = 0.02 cents per pound FCA 2024 crop = 0.00 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 10/24/24. The following world prices of rice are effective from 10/16/24 at 7:00 am eastern time until the next announcement occurs. The next price announcement is scheduled for 10/22/24 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 _____________________________________________________________________ . 2023 CROP . World Loan Market World Loan . Market Gain and Price Rate . Index LDP Rate ----Cents/Pound---- . ---$/Hundredweight--- . Long 20.99 11.15 . 17.12 0.00 Med/Short 20.54 10.44 . 17.19 0.00 Broken 12.70 6.74 . na na _____________________________________________________________________ . 2024 CROP . World Loan Market World Loan . Market Gain and Price Rate . Index LDP Rate ----Cents/Pound---- . ---$/Hundredweight--- . Long 21.40 11.05 . 17.60 0.00 Med/Short 20.91 10.32 . 17.44 0.00 Broken 14.15 7.31 . na na _____________________________________________________________________ The above prices are based on the following loan rates, world prices and milling yields per hundredweight of rough rice: 2023 CROP Loan Rate World Price . Whole/Broken Yield ------ $/Cwt ------ . (Pounds/Cwt) . Long 6.76 12.73 . 49.14/18.91 Med/Short 7.04 13.79 . 61.79/8.91 2024 CROP Loan Rate World Price . Whole/Broken Yield ------ $/Cwt ------ . (Pounds/Cwt) . Long 6.99 13.54 . 51.99/17.18 Med/Short 7.00 14.12 . 61.33/9.37