USDA Daily Market Rates 12/26

USDA Daily Market Rates 12/26 DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES) Effective: December 26, 2023 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.) 12/26/2023 COMMODITIES Wheat (BU) Wheat (BU) Wheat (BU) Wheat (BU) MARKET HRW HRS SRW SWW AMA 5.58 */(17) CIN 5.11 */(37) EVN 6.01 */(38) GLF 6.28 */(18) */(19) 6.86 */(39) */(20) */(21) */(22) KCM 7.30 */(23) 5.96 */(40) MEM 5.70 */(41) MIN 7.52 */(24) */(25) 7.11 */(15) PNW 7.13 */(26) 7.55 */(16) 7.41 */(43) */(44) TOL 5.51 */(42) 5.51 */(45) WCD 7.13 */(27) */(28) 7.41 */(46) THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (E.T.) 12/26/2023 COMMODITIES Wheat (BU) Corn (BU) Barley (BU) MARKET HAD YC BRL AMA 5.18 */(47) CIN 4.63 */(48) GLF 5.13 */(49) */(50) 4.95 */(1) */(51) */(52) KCM 4.83 */(53) 4.60 */(2) LOS 10.90 */(11) */A MEM 4.73 */(54) MIN 9.85 */(12) */B 4.43 */(55) 4.40 */(3) */(4) */(5) PNW 10.55 */(13) */C 5.83 */(56) */(57) 4.60 */(6) */(7) TKO 4.73 */(58) */(59) */(60) TOL 4.13 */(61) WCD 10.95 */(14) */D 5.83 */(62) 4.80 */(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.) 12/26/2023 COMMODITIES Oats (BU) Soybeans (BU) Grain Sorghum (CWT) MARKET OAT YSB SOR CIN 13.14 */(63) 8.17 */(31) GLF 13.58 */(64) */(65) 9.09 */(32) */(66) */(67) */(68) */(69) */(70) KCM 13.15 */(71) MEM 13.00 */(72) 8.70 */(33) MIN 4.28 */(29) 12.90 */(73) */(74) NCD 9.07 */(34) PNW 3.50 */(30) 14.48 */(75) SCD 8.54 */(35) TKO 13.00 */(76) */(77) TOL 12.65 */(78) WCD 10.41 */(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 12/26/2023 ***** 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 -0.11 cents/bu (Effective 12/18/2023) (2) KCM BRL differentials add -0.11 cents/bu (Effective 12/18/2023) (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 0.05 cents/bu (Effective 12/19/2023) (6) PNW BRL differentials in MT add 0.00 cents/bu (Effective 7/5/2023) (7) PNW BRL differentials add 0.28 cents/bu (Effective 12/22/2023) (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 0.64 cents/bu (Effective 12/22/2023) (11) LOS HAD differentials add 0.20 cents/bu (Effective 12/26/2023) (12) MIN HAD differentials add 0.47 cents/bu (Effective 12/26/2023) (13) PNW HAD differentials add 0.30 cents/bu (Effective 12/26/2023) (14) WCD HAD differentials add 0.10 cents/bu (Effective 12/26/2023) (15) MIN HRS differentials add 0.05 cents/bu (Effective 12/26/2023) (16) PNW HRS differentials add -0.07 cents/bu (Effective 12/14/2023) (17) AMA HRW differentials add 0.00 cents/bu (Effective 1/13/2023) (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 0.30 cents/bu (Effective 12/26/2023) (23) KCM HRW differentials add -1.07 cents/bu (Effective 12/26/2023) (24) MIN HRW differentials in SD add 0.00 cents/bu (Effective 10/11/2023) (25) MIN HRW differentials add -1.21 cents/bu (Effective 12/26/2023) (26) PNW HRW differentials add -0.57 cents/bu (Effective 12/26/2023) (27) WCD HRW differentials in CA add 0.00 cents/bu (Effective 6/25/2020) (28) WCD HRW differentials add -0.82 cents/bu (Effective 12/26/2023) (29) MIN OAT differentials add -0.85 cents/bu (Effective 12/19/2023) (30) PNW OAT differentials add 0.01 cents/bu (Effective 12/22/2023) (31) CIN SOR differentials add 0.00 cents/cwt (Effective 12/12/2023) (32) GLF SOR differentials add 0.53 cents/cwt (Effective 12/26/2023) (33) MEM SOR differentials add 0.00 cents/cwt (Effective 10/2/2023) (34) NCD SOR differentials add -0.12 cents/cwt (Effective 12/26/2023) (35) SCD SOR differentials add 0.00 cents/cwt (Effective 11/29/2023) (36) WCD SOR differentials add -0.14 cents/cwt (Effective 12/26/2023) (37) CIN SRW differentials add 0.00 cents/bu (Effective 9/26/2023) (38) EVN SRW differentials add -0.06 cents/bu (Effective 12/19/2023) (39) GLF SRW differentials add -0.68 cents/bu (Effective 12/26/2023) (40) KCM SRW differentials add -0.01 cents/bu (Effective 12/14/2023) (41) MEM SRW differentials add 0.00 cents/bu (Effective 10/2/2023) (42) TOL SRW differentials add 0.33 cents/bu (Effective 12/18/2023) (43) PNW SWW differentials in ID add 0.00 cents/bu (Effective 6/2/2017) (44) PNW SWW differentials add -0.53 cents/bu (Effective 8/11/2023) (45) TOL SWW differentials add -0.05 cents/bu (Effective 9/30/2019) (46) WCD SWW differentials add -0.53 cents/bu (Effective 10/2/2023) (47) AMA YC differentials add -0.22 cents/bu (Effective 12/12/2023) (48) CIN YC differentials add -0.02 cents/bu (Effective 12/21/2023) (49) GLF YC differentials in MN add 0.00 cents/bu (Effective 6/25/2020) (50) GLF YC differentials in MO add 0.00 cents/bu (Effective 8/21/2023) (51) GLF YC differentials in IA add 0.00 cents/bu (Effective 12/19/2023) (52) GLF YC differentials add -0.20 cents/bu (Effective 12/22/2023) (53) KCM YC differentials add -0.14 cents/bu (Effective 12/21/2023) (54) MEM YC differentials add -0.02 cents/bu (Effective 12/15/2023) (55) MIN YC differentials add 0.00 cents/bu (Effective 12/19/2023) (56) PNW YC differentials in ND add 0.00 cents/bu (Effective 6/25/2020) (57) PNW YC differentials add -0.68 cents/bu (Effective 12/21/2023) (58) TKO YC differentials in IL add 0.00 cents/bu (Effective 9/11/2023) (59) TKO YC differentials in WI add 0.00 cents/bu (Effective 9/11/2023) (60) TKO YC differentials add -0.07 cents/bu (Effective 12/21/2023) (61) TOL YC differentials add 0.00 cents/bu (Effective 11/28/2023) (62) WCD YC differentials add -0.49 cents/bu (Effective 12/19/2023) (63) CIN YSB differentials add -0.21 cents/bu (Effective 12/26/2023) (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 AL add 0.00 cents/bu (Effective 6/29/2023) (67) GLF YSB differentials in MO add 0.00 cents/bu (Effective 8/21/2023) (68) GLF YSB differentials in IA add 0.00 cents/bu (Effective 9/11/2023) (69) GLF YSB differentials in MN add 0.00 cents/bu (Effective 9/12/2023) (70) GLF YSB differentials add -0.37 cents/bu (Effective 12/26/2023) (71) KCM YSB differentials add -0.29 cents/bu (Effective 12/12/2023) (72) MEM YSB differentials add 0.00 cents/bu (Effective 10/10/2023) (73) MIN YSB differentials in WI add 0.00 cents/bu (Effective 9/12/2023) (74) MIN YSB differentials add -0.19 cents/bu (Effective 12/15/2023) (75) PNW YSB differentials add -1.14 cents/bu (Effective 12/21/2023) (76) TKO YSB differentials in IL add 0.00 cents/bu (Effective 9/11/2023) (77) TKO YSB differentials add -0.06 cents/bu (Effective 12/21/2023) (78) TOL YSB differentials add 0.00 cents/bu (Effective 12/19/2023) MINOR OILSEEDS THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (ET) 12/26/2023 ALL PRICES PER CWT. MARKET CAN CRA RAP FLX MUS SAF SEM SUN ARL 20.52 AUG 20.52 CAR 21.18 COL 50.00 COR 50.00 FAR 23.66 16.00 GFK 55.00 GRF 18.00 23.21 55.00 LAM 17.00 PAR 20.00 RDW 21.72 23.66 RIC 50.00 VEL 21.87 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) 12/26/2023. ALL PRICES PER CWT. MARKET CHL CHK LEN PEA USP 37.92 29.92 40.07 14.22 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, 12/22/23, through midnight Eastern Time, Thursday, 12/28/23: AWP = 63.80 cents per pound FCA 2022 crop = 0.35 cents per pound FCA 2023 crop = 0.60 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, 12/28/23. The following world prices of rice are effective from 12/20/23 at 7:01 am eastern time until the next announcement occurs. The next price announcement is scheduled for 12/27/23 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 _____________________________________________________________________ . 2022 CROP . World Loan Market World Loan . Market Gain and Price Rate . Index LDP Rate ----Cents/Pound---- . ---$/Hundredweight--- . Long 24.15 11.13 . 19.11 0.00 Med/Short 23.85 10.49 . 19.25 0.00 Broken 14.04 6.47 . na na _____________________________________________________________________ . 2023 CROP . World Loan Market World Loan . Market Gain and Price Rate . Index LDP Rate ----Cents/Pound---- . ---$/Hundredweight--- . Long 24.52 11.15 . 19.55 0.00 Med/Short 24.04 10.44 . 19.49 0.00 Broken 14.83 6.74 . na na _____________________________________________________________________ The above prices are based on the following loan rates, world prices and milling yields per hundredweight of rough rice: 2022 CROP Loan Rate World Price . Whole/Broken Yield ------ $/Cwt ------ . (Pounds/Cwt) . Long 6.81 14.79 . 50.62/18.25 Med/Short 6.93 15.69 . 60.20/9.50 2023 CROP Loan Rate World Price . Whole/Broken Yield ------ $/Cwt ------ . (Pounds/Cwt) . Long 7.00 15.40 . 53.50/15.38 Med/Short 7.00 16.05 . 60.37/10.35