USDA Daily Market Rates 04/04
DAILY MARKET RATES(GRAIN/MISCELLANEOUS COMMODITIES)
Effective: April 04, 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.) 04/04/2024
COMMODITIES
Wheat (BU) Wheat (BU) Wheat (BU) Wheat (BU)
MARKET HRW HRS SRW SWW
AMA 5.51 */(17)
CIN 4.88 */(37)
EVN 5.42 */(38)
GLF 7.36 */(18) */(19) 6.06 */(39)
*/(20) */(21)
*/(22)
KCM 7.16 */(23) 5.41 */(40)
MEM 5.28 */(41)
MIN 7.11 */(24) */(25) 6.66 */(15)
PNW 7.11 */(26) 7.03 */(16) 6.26 */(43) */(44)
TOL 5.11 */(42) 5.11 */(45)
WCD 7.11 */(27) */(28) 6.26 */(46)
THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (E.T.) 04/04/2024
COMMODITIES
Wheat (BU) Corn (BU) Barley (BU)
MARKET HAD YC BRL
AMA 4.77 */(47)
CIN 4.30 */(48)
GLF 4.82 */(49) */(50) 4.56 */(1)
*/(51) */(52)
KCM 4.47 */(53) 4.21 */(2)
LOS 10.25 */(11) */A
MEM 4.38 */(54)
MIN 9.40 */(12) */B 4.17 */(55) 3.98 */(3) */(4)
*/(5)
PNW 9.90 */(13) */C 5.72 */(56) */(57) 4.50 */(6) */(7)
TKO 4.34 */(58) */(59)
*/(60)
TOL 3.95 */(61)
WCD 10.30 */(14) */D 5.72 */(62) 4.95 */(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.) 04/04/2024
COMMODITIES
Oats (BU) Soybeans (BU) Grain Sorghum (CWT)
MARKET OAT YSB SOR
CIN 11.82 */(63) 8.09 */(31)
GLF 12.37 */(64) */(65) 9.01 */(32)
*/(66) */(67)
*/(68) */(69)
*/(70)
KCM 11.72 */(71)
MEM 11.90 */(72) 9.12 */(33)
MIN 4.04 */(29) 11.75 */(73) */(74)
NCD 7.98 */(34)
PNW 3.74 */(30) 12.97 */(75)
SCD 7.62 */(35)
TKO 11.89 */(76) */(77)
TOL 11.47 */(78)
WCD 11.23 */(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 04/04/2024 *****
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 -0.44 cents/bu (Effective 4/4/2024)
(2) KCM BRL differentials add -0.42 cents/bu (Effective 4/4/2024)
(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 -0.21 cents/bu (Effective 4/4/2024)
(6) PNW BRL differentials in MT add 0.00 cents/bu (Effective 7/5/2023)
(7) PNW BRL differentials add -0.30 cents/bu (Effective 3/21/2024)
(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 -0.20 cents/bu (Effective 3/21/2024)
(11) LOS HAD differentials add 0.20 cents/bu (Effective 12/26/2023)
(12) MIN HAD differentials add 0.37 cents/bu (Effective 2/23/2024)
(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 0.13 cents/bu (Effective 3/7/2024)
(16) PNW HRS differentials add 0.05 cents/bu (Effective 3/4/2024)
(17) AMA HRW differentials add 0.03 cents/bu (Effective 4/4/2024)
(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 -1.24 cents/bu (Effective 4/3/2024)
(23) KCM HRW differentials add -1.35 cents/bu (Effective 4/4/2024)
(24) MIN HRW differentials in SD add 0.00 cents/bu (Effective 10/11/2023)
(25) MIN HRW differentials add -1.27 cents/bu (Effective 3/26/2024)
(26) PNW HRW differentials add -1.00 cents/bu (Effective 4/3/2024)
(27) WCD HRW differentials in CA add 0.00 cents/bu (Effective 6/25/2020)
(28) WCD HRW differentials add -1.24 cents/bu (Effective 4/3/2024)
(29) MIN OAT differentials add -0.77 cents/bu (Effective 4/2/2024)
(30) PNW OAT differentials add -0.34 cents/bu (Effective 4/4/2024)
(31) CIN SOR differentials add -0.14 cents/cwt (Effective 3/28/2024)
(32) GLF SOR differentials add -0.70 cents/cwt (Effective 4/3/2024)
(33) MEM SOR differentials add -1.00 cents/cwt (Effective 4/2/2024)
(34) NCD SOR differentials add -0.32 cents/cwt (Effective 4/3/2024)
(35) SCD SOR differentials add 0.00 cents/cwt (Effective 11/29/2023)
(36) WCD SOR differentials add -2.24 cents/cwt (Effective 3/28/2024)
(37) CIN SRW differentials add 0.00 cents/bu (Effective 9/26/2023)
(38) EVN SRW differentials add -0.02 cents/bu (Effective 4/2/2024)
(39) GLF SRW differentials add -0.46 cents/bu (Effective 3/27/2024)
(40) KCM SRW differentials add 0.00 cents/bu (Effective 3/25/2024)
(41) MEM SRW differentials add 0.00 cents/bu (Effective 3/15/2024)
(42) TOL SRW differentials add 0.18 cents/bu (Effective 3/27/2024)
(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 -0.10 cents/bu (Effective 3/26/2024)
(48) CIN YC differentials add 0.01 cents/bu (Effective 4/3/2024)
(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 3/15/2024)
(53) KCM YC differentials add -0.13 cents/bu (Effective 3/14/2024)
(54) MEM YC differentials add -0.03 cents/bu (Effective 3/14/2024)
(55) MIN YC differentials add 0.04 cents/bu (Effective 4/4/2024)
(56) PNW YC differentials in ND add 0.00 cents/bu (Effective 6/25/2020)
(57) PNW YC differentials add -1.00 cents/bu (Effective 3/8/2024)
(58) TKO YC differentials in WI add 0.00 cents/bu (Effective 9/11/2023)
(59) TKO YC differentials in IL add 0.05 cents/bu (Effective 3/25/2024)
(60) TKO YC differentials add -0.04 cents/bu (Effective 3/28/2024)
(61) TOL YC differentials add 0.00 cents/bu (Effective 11/28/2023)
(62) WCD YC differentials add -0.70 cents/bu (Effective 4/4/2024)
(63) CIN YSB differentials add -0.09 cents/bu (Effective 4/2/2024)
(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 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 MN add 0.00 cents/bu (Effective 9/12/2023)
(69) GLF YSB differentials in IA add 0.00 cents/bu (Effective 1/16/2024)
(70) GLF YSB differentials add -0.33 cents/bu (Effective 4/4/2024)
(71) KCM YSB differentials add -0.08 cents/bu (Effective 4/4/2024)
(72) MEM YSB differentials add -0.15 cents/bu (Effective 3/14/2024)
(73) MIN YSB differentials in WI add 0.00 cents/bu (Effective 9/12/2023)
(74) MIN YSB differentials add -0.21 cents/bu (Effective 4/3/2024)
(75) PNW YSB differentials add -0.78 cents/bu (Effective 4/2/2024)
(76) TKO YSB differentials in IL add 0.00 cents/bu (Effective 9/11/2023)
(77) TKO YSB differentials add -0.18 cents/bu (Effective 4/2/2024)
(78) TOL YSB differentials add 0.00 cents/bu (Effective 2/12/2024)
MINOR OILSEEDS
THE FOLLOWING MARKET RATES ARE EFFECTIVE 7:00 A.M. (ET)
04/04/2024 ALL PRICES PER CWT.
MARKET CAN CRA RAP FLX MUS SAF SEM SUN
ARL 18.97
AUG 18.97
CAR 19.63
COL 50.00
COR 50.00
FAR 23.21 14.25
GFK 55.00
GRF 18.00 23.21 55.00
LAM 15.70
PAR 20.00
RDW 20.17 22.77
RIC 50.00
VEL 20.32
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)
04/04/2024. ALL PRICES PER CWT.
MARKET CHL CHK LEN PEA
USP 36.42 27.42 41.38 13.93
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, 03/29/24,
through midnight Eastern Time, Thursday, 04/04/24:
AWP = 70.88 cents per pound
FCA 2022 crop = 0.03 cents per pound
FCA 2023 crop = 0.28 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, 04/04/24.
The following world prices of rice are effective from 04/03/24 at
7:00 am eastern time until the next announcement occurs. The next
price announcement is scheduled for 04/10/24 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
_____________________________________________________________________
.
2022 CROP
. World Loan Market
World Loan . Market Gain and
Price Rate . Index LDP Rate
----Cents/Pound---- . ---$/Hundredweight---
.
Long 24.27 11.13 . 19.18 0.00
Med/Short 23.97 10.49 . 19.33 0.00
Broken 14.11 6.47 . na na
_____________________________________________________________________
.
2023 CROP . World Loan Market
World Loan . Market Gain and
Price Rate . Index LDP Rate
----Cents/Pound---- . ---$/Hundredweight---
.
Long 24.58 11.15 . 19.30 0.00
Med/Short 24.10 10.44 . 19.58 0.00
Broken 14.87 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 14.86 . 50.62/18.25
Med/Short 6.93 15.77 . 60.20/9.50
2023 CROP
Loan Rate World Price . Whole/Broken Yield
------ $/Cwt ------ . (Pounds/Cwt)
.
Long 6.76 14.91 . 49.14/18.91
Med/Short 7.04 16.18 . 61.79/8.91
