Wheat

2015 Projected & Harvest Pricing

Crop Exchange Contract Projected Price Harvest Price
Corn CBOT Dec. $4.15 $3.79
Cotton ICE Dec. $0.64 $0.63
Sorghum CBOT Dec. $3.99 $3.64
Wheat KCBOT Dec. $6.30 $5.31
For crops for which revenue protection is available, a projected price and a harvest price will be determined in accordance with the Commodity Exchange Price Provisions (CEPP). ALL INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED.

 

Base Contract: KCBT July HRW Wheat 2015 (KWN15)*

State: Texas

Practice: All

Type: Winter

Sales Closing Date: September 30, 2014

Discovery Period: 08/15/14 – 09/14/14

Status:  Price Set

Projected Price Per Bushel    $6.30

Daily Ending Value
Week Mon. Tues. Wed. Thur. Fri.
1
6.3825
2 6.3825 6.4175 6.3425 6.3400 6.4400
3 6.3500 6.3575 6.4025 6.4550 6.4600
4 6.3500 6.2050 6.2150 6.2425
5 6.2500 6.2025 6.1450 6.0725 5.9625

*(1) This application used to create this table is in Public Beta status, there are no assumptions of accuracy or completeness at this time.
(2) Yield Protection plans do not use Price Volatility or Harvest Price.
(3) Area Risk plans of insurance are not included for the 2013 CY.
(4) Market data and Implied Volatilities are licensed through Barchart.com.
(5) RMA calculated values are not final until the discovery period has ended and the price is approved.
(6) Market Price for Wheat is calculated from a base contract price for HRW Wheat.

2014-09-13T06:51:25+00:00|Wheat|

2014 WINTER WHEAT (KCBOT)*

State: Texas
Discovery Period: 08/15/13 – 09/14/13
Final Base Price: $7.02

Week Mon. Tues. Wed. Thur. Fri.
 1
7.0625 7.0475
 2 7.0725 7.0075 7.0200 6.9475 6.9750
 3 7.1500 7.1325 7.1325 7.0450 7.0775
 4 7.0200 7.0125 6.9325 6.9675
 5 6.9200 6.9775 6.9325 7.0250 6.9125

*All information is deemed reliable but not guaranteed.
RMA calculated values are not final until the discovery period has ended and the price is approved.


 

2013-09-14T09:26:07+00:00|Ag News, Wheat|

2013 July HRW Wheat-KCBOT*

STATE: Texas
BASE PRICE MONTH: June 1 – June 30, 2013
APPROVED HARVEST PRICE $7.22
*All information is deemed reliable but not guaranteed.
   Mon.  Tues.  Wed.  Thurs.  Fri.
Week 1 7.5150 7.5075 7.4325 7.3850 7.3500
Week 2 7.2600 7.3000 7.1650 7.1850 7.1150
Week 3 7.1375 7.1925 7.3975 7.3700 7.3650
Week 4 7.1525 7.0425  6.9425 6.8650 6.7675
 

 

 

 

RP WINTER WHEAT: Texas

State: Texas
Discovery Period: 08/15/13 – 09/14/13
Final Base Price: $7.02

Week Mon. Tues. Wed. Thur. Fri.
 1
7.0625 7.0475
 2 7.0725 7.0075 7.0200 6.9475 6.9750
 3 7.1500 7.1325 7.1325 7.0450 7.0775
 4 7.0200 7.0125 6.9325 6.9675
 5 6.9200 6.9775 6.9325 7.0250 6.9125

*All information is deemed reliable but not guaranteed.
RMA calculated values are not final until the discovery period has ended and the price is approved.


 

STATE: Texas
BASE PRICE MONTH: June 1 – June 30, 2013
APPROVED HARVEST PRICE $7.22
*All information is deemed reliable but not guaranteed.
  Mon. Tues. Wed. Thurs. Fri.
Week 1 7.5150 7.5075 7.4325 7.3850 7.3500
Week 2 7.2600 7.3000 7.1650 7.1850 7.1150
Week 3 7.1375 7.1925 7.3975 7.3700 7.3650
Week 4 7.1525 7.0425 6.9425 6.8650 6.7675
 
 
 
 
 
 
 
 
 

 

State: TX
Base Price Month: Aug. 15 – Sept. 14, 2012
Approved Projected Price=$8.78
 *All information is deemed reliable but not guaranteed.

Daily Ending Market Value
Date Ending Value
08/15 8.4350
08/16
8.5000
08/17 8.7000
08/20
8.7325
08/21 8.8100
08/22
8.7725
08/23
8.7150
08/24
8.6725
08/27
8.6800
08/28
8.6550
08/29 8.8100
08/30 8.7975
08/31 8.8025
09/04 8.8475
09/05 8.7525
09/06 8.8400
09/07 8.9050
09/10 8.8125
09/11 8.8975
09/12 8.9350
09/13 8.9775
09/14 9.1275

Insurability of Crops Behind Headed Wheat–Rule Change

NO crop can be insured if it follows headed wheat. RMA has removed the 50% rule for cotton and says that NO heads can be found in the field. This includes volunteer plants that have headed out. If an adjuster goes to the field and finds any wheat heads in the crop that followed a wheat crop, the claim must be denied. This only applies to a non irrigated practice. Read the complete informational memorandum: Insurability of Non-Irrigated Cotton Planted on Acreage Following a Failed Small Grain Crop

2011-05-14T13:04:27+00:00|Cotton, RMA Bulletins, Wheat|