Currencies Futures

The relationship between the U.S. and Canadian dollar directly dictates your local grain value and cross-border input purchasing power. Track the CAD benchmark to time your international sales, manage currency risk, and protect your net returns.

Canadian Dollar (CAD/USD)

6CV26 Oct 2026 $0.7074 -0.0004 -0.06%
6CX26 Nov 2026 $0.7083 -0.0005 -0.06%
6CZ26 Dec 2026 $0.7092 -0.0006 -0.08%
6CF27 Jan 2027 — — 0.00%
6CG27 Feb 2027 — — 0.00%
6CH27 Mar 2027 $0.7125 -0.0005 -0.06%
6CJ27 Apr 2027 — — 0.00%
6CK27 May 2027 — — 0.00%
6CM27 Jun 2027 — — 0.00%
6CN27 Jul 2027 $0.7171 -0.0001 -0.01%
6CQ27 Aug 2027 $0.7180 -0.0002 -0.02%
6CU27 Sep 2027 — — 0.00%
6CV27 Oct 2027 $0.7199 -0.0001 -0.01%
6CX27 Nov 2027 $0.7206 -0.0001 -0.01%
6CZ27 Dec 2027 — — 0.00%
6CF28 Jan 2028 $0.7222 -0.0001 -0.01%
6CG28 Feb 2028 $0.7230 0.0000 0.00%
6CH28 Mar 2028 — — 0.00%
6CJ28 Apr 2028 $0.7246 +0.0001 +0.01%
6CK28 May 2028 $0.7253 +0.0001 +0.01%

FAQs

What futures matter most to grain farms?

For most grain operations, start with revenue markets and the input markets that drive costs.

  • Revenue: Corn, Soybeans, Wheat (Chicago/SRW, Kansas City/HRW, Minneapolis/HRS). Canadian growers should also track Canola.
  • Key inputs (costs): ULSD (diesel) for fuel, Propane for grain drying, and Fertilizer (Urea, DAP).
  • Also useful: Natural Gas (fertilizer feedstock), Crude/Refined products (broader energy trend), and USD/CAD if you sell or buy across the border.

How do I use futures to estimate cash price?

Use your local basis to translate board price to a farmgate estimate.

Formula: Estimated Cash = Futures + Basis

  • Pick the delivery month your buyer is quoting.
  • Find the current futures price for that month.
  • Add your local basis (it can be negative or positive).

Example: If Dec Corn = $5.20 and your basis is –$0.25, estimated cash ≈ $4.95.

Tip: Basis changes over time—always check posted bids for actual offers.

What affects basis in my area?

Basis = local reality. Common drivers:

  • Local supply & demand: harvest pressure, on-farm/storage availability, end-user needs.
  • Logistics: rail/barge capacity, river levels, truck availability, diesel costs.
  • Buyer competition & margins: ethanol/crush plants, mills, exporters.
  • Quality & specs: moisture, protein, damage.
  • Seasonality & weather: storms, freeze/thaw, road bans.
  • Currency: Canadian Dollar (CAD/USD) shifts can move cross-border basis.

Should I track diesel/propane alongside grain prices?

Yes. They’re big, volatile input costs. Watching ULSD (diesel) and Propane next to grain helps you:

  • Budget and lock in fuel/drying costs when prices dip.
  • Protect margins by timing purchases relative to crop price moves.
  • Plan harvest/drying with fewer surprises.

Which months are “new-crop” vs “old-crop”?

“Old-crop” = grain already in the bin/current marketing year. “New-crop” = the upcoming harvest. Typical references:

  • Corn: Dec = new-crop; Mar/May/Jul = old-crop.
  • Soybeans: Nov = new-crop; Jan/Mar/May = old-crop.
  • Wheat:
    • Chicago SRW & KC HRW: Jul = new-crop; Sep/Dec/Mar/May = old-crop.
    • Minneapolis Spring Wheat (HRS): Sep = new-crop; Dec/Mar/May/Jul = old-crop.
  • Canola (ICE): Nov = new-crop; Jan/Mar/May = old-crop.

Note: Local harvest timing and buyer conventions can vary—match the month your buyer uses.

Reports

Mon28 Crop Progress Tomorrow · 4:00 pm ET
Wed30 Grain Stocks Wed, Sep 30 · 12:00 pm ET
Thu1 Export Sales Thu, Oct 1 · 8:30 am ET
Mon5 Crop Progress Mon, Oct 5 · 4:00 pm ET
DISCLAIMER: The grain price information provided on Farmbucks.com is for informational purposes only and is subject to change at any time. Prices are sourced from participating grain companies, verified farmer reports and our trusted partners such as Barchart and DTN. While we work to ensure accuracy, discrepancies may occur between the prices listed on this website and those provided by grain buyers. Users are responsible for contacting the purchaser directly to confirm current prices and selling instructions. Farmbucks does not guarantee the accuracy, completeness, or timeliness of the prices displayed and assumes no liability for decisions made based on this information.

Futures Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. This data is for informational purposes only and may be subject to delays or inaccuracies. Please consult official exchange sources or your broker for trading decisions.

Questions or Feedback: For any additional information, questions, or feedback, please visit our Contact Us page. We're here to help.