Correction to soybean, corn and wheat prices published on May 1 and May 4: pricing notice

Fastmarkets has corrected the assessments for several soybean, corn and wheat prices that were published incorrectly on May 1 and May 4 due to a procedural error.

The following prices were affected: 

May 1

Soybean
AG-SYB-0019 Soybean CIF US Gulf Barge Premium c$/bu was published incorrectly on May 1 as:

Jun: 84.0 cents per bushel
Jul: 87.5 cents per bu
Aug: 84.5 cents per bu
Sep: 76.5 cents per bu
Oct: 81.5 cents per bu
Nov: 89.5 cents per bu

It has been corrected to:

Jun: 84 cents per bu
Jul: 87 cents per bu
Aug: 85 cents per bu
Sep: 76 cents per bu
Oct: 81 cents per bu
Nov: 89 cents per bu

AG-SYB-0018 Soybean CIF US Gulf Barge $/mt was published incorrectly on May 1 as:

Jun: $472.75 per tonne
Aug: $470.75 per tonne
Oct: $464.25 per tonne
Nov: $467.25 per tonne

It has been corrected to:

Jun: $473.00 per tonne
Aug: $471.00 per tonne
Oct: $464.50 per tonne
Nov: $467.50 per tonne

AG-SYB-0021 Soybean FOB US Gulf Premium c$/bu was published incorrectly on May 1 as:

Jun: 103 cents per bu
Jul: 93 cents per bu
Aug: 95 cents per bu
Sep: 92 cents per bu
Oct: 100 cents per bu
Nov: 100 cents per bu

It has been corrected to:

Jun: 93 cents per bu
Jul: 95 cents per bu
Aug: 92 cents per bu
Sep: 100 cents per bu
Oct: 106 cents per bu
Nov: 115 cents per bu

AG-SYB-0020 Soybean FOB US Gulf $/mt was published incorrectly on May 1 as:

Jun: $479.75 per tonne
Jul: $476.00 per tonne
Aug: $474.60 per tonne
Sep: $466.00 per tonne
Oct: $471.00 per tonne
Nov: $471.00 per tonne

It has been corrected to:

Jun: $476.25 per tonne
Jul: $477.00 per tonne
Aug: $473.75 per tonne
Sep: $469.25 per tonne
Oct: $473.75 per tonne
Nov: $477.00 per tonne

AG-SYB-0023 Soybean FOB US PNW Premium c$/bu was published incorrectly on May 1 as: 

Jun: 150 cents per bu
Jul: 141 cents per bu

It has been corrected to:

Jun: 141 cents per bu
Jul: 145 cents per bu

AG-SYB-0022 Soybean FOB US PNW $/mt was published incorrectly on May 1 as: 

Jun: $497.00 per tonne
Jul: $493.75 per tonne

It has been corrected to:

Jun: $493.75 per tonne
Jul: $495.25 per tonne

Corn
AG-CRN-0074 Corn CIF US Gulf Barge Premium c$/bu was published incorrectly on May 1 as:

Sep: 81 cents per bu
Jan: 84 cents per bu
Feb: 80 cents per bu

It has been corrected to:

Sep: 82 cents per bu
Jan: 80 cents per bu
Feb: 84 cents per bu

AG-CRN-0073 Corn CIF US Gulf Barge $/mt was published incorrectly on May 1 as:

Sep: $223.50 per tonne
Jan: $235.25 per tonne
Feb: $233.75 per tonne

It has been corrected to:

Sep: $224.00 per tonne
Jan:  $233.50 per tonne
Feb:  $235.25 per tonne

AG-CRN-0076 Corn FOB US Gulf Premium c$/bu was published incorrectly on May 1 as:

Jun: 93 cents per bu
Jul: 96 cents per bu
Aug: 94 cents per bu
Sep: 92 cents per bu
Oct: 95 cents per bu
Nov: 101 cents per bu
Jan: 102 cents per bu
Feb: 96 cents per bu

It has been corrected to:

Jun: 96 cents per bu
Jul: 94 cents per bu
Aug: 92 cents per bu
Sep: 95 cents per bu
Oct: 101 cents per bu
Nov: 102 cents per bu
Jan: 96 cents per bu
Feb: 100 cents per bu

AG-CRN-0075 Corn FOB US Gulf $/mt was published incorrectly on May 1 as:

Jun: $225.5 per tonne
Jul: $226.75 per tonne
Aug: $227.75 per tonne
Sep: $226.75 per tonne
Oct: $233.75 per tonne
Nov: $236.00 per tonne
Jan: $241.50 per tonne
Feb: $239.25 per tonne

It has been corrected to:

Jun: $227.50 per tonne
Jul: $227.00 per tonne
Aug: $228.00 per tonne
Sep: $229.00 per tonne
Oct: $237.00 per tonne
Nov: $237.50 per tonne
Jan: $240.00 per tonne
Feb: $241.50 per tonne

AG-CRN-0078 Corn FOB US PNW Premium c$/bu was published incorrectly on May 1 as:

Jun: 119 cents per bu
Oct: 115cents per bu
Jan:  113 cents per bu
Feb:  108 cents per bu

It has been corrected to:

Jun: 115 cents per bu
Oct: 113 cents per bu
Jan: 108 cents per bu
Feb: 110 cents per bu

AG-CRN-0077 Corn FOB US PNW $/mt was published incorrectly on May 1 as:

Jun: $235.75 per tonne
Oct: $241.5 per tonne
Jan: $245.75 per tonne
Feb: $244 per tonne

It has been corrected to:

Jun: $235.25 per tonne
Sep: $237 per tonne
Oct: $241.75 per tonne
Jan: $244.75 per tonne
Feb: $245.5 per tonne 

May 4

Corn
AG-CRN-0076 
Corn FOB US Gulf Premium c$/bu was published incorrectly on May 4 as:

Jan: 102 cents per bu
Feb: 103 cents per bu

It has been corrected to:

Jan: 96 cents per bu
Feb: 100 cents per bu

AG-CRN-0075 Corn FOB US Gulf $/mt was published incorrectly on May 4 as:

Jan: $243.5 per tonne
Feb: $244 per tonne

It has been corrected to:

Jan: $241.25 per tonne
Feb: $242.75 per tonne

AG-CRN-0078 Corn FOB US PNW Premium c$/bu was published incorrectly on May 4 as:

Jun: 119 cents per bu
Oct: 115 cents per bu
Jan: 113 cents per bu
Feb: 108 cents per bu

It has been corrected to:

Jun: 115 cents per bu
Oct: 113 cents per bu
Jan: 108 cents per bu
Feb: 110 cents per bu

AG-CRN-0077 Corn FOB US PNW $/mt was published incorrectly on May 4 as: 

Jun: $238.00 per tonne
Oct: $243.50 per tonne
Jan: $247.75 per tonne
Feb: $245.75 per tonne

It has been corrected to:

Jun: $236.50 per tonne
Oct: $243.00 per tonne
Jan: $246.00 per tonne
Feb: $246.75 per tonne

Wheat
AG-WHE-0024 
Wheat 11% FOB US Gulf HRW Premium c$/bu was published incorrectly on May 4 as: 

Jun: 140 cents per bu
Jul: 130 cents per bu
Aug: 125 cents per bu
Sep: 120 cents per bu
Oct: 130 cents per bu

It has been corrected to:

June: 130 cents per bu
July:  125 cents per bu
August: 120 cents per bu
September: 130 cents per bu
October: 140 cents per bu

AG-WHE-0026 Wheat 11% FOB US Gulf HRW $/mt was published incorrectly on May 4 as: 

June: $307 per tonne
July: $303.50 per tonne
August: $306 per tonne
September: $304.25 per tonne
October: $313.25 per tonne

It has been corrected to:

June: $303.50 per tonne
July: $301.50 per tonne
August: $304.25 per tonne
September: $307.75 per tonne
October: $316.75 per tonne

AG-WHE-0029 Wheat 13.5% FOB Canada CWRS Premium c$/bu was published incorrectly on May 4 as:

June: 103 cents per bu

It has been corrected to:

June: 93 cents per bu

The AG-WHE-0028 Wheat 13.5% FOB Canada CWRS $/mt was published incorrectly on May 4 as:

Jun: $294.75 per tonne

It has been corrected to:

Jun: $291 per tonne

AG-WHE-0057 Wheat 10.5%, fob US Gulf SRW premium, c/bu was published incorrectly on May 4 as:

Jun: 95 cents per bu
Jul: 75 cents per bu
Aug: 60 cents per bu
Sep: 50 cents per bu

It has been corrected to:

Jun: 75 cents per bu
Jul: 60 cents per bu
Aug: 50 cents per bu
Sep: 60 cents per bu

AG-WHE-0058 Wheat 10.5%, fob US Gulf SRW $/tonne was published incorrectly on May 4 as:

Jun: $270.50 per tonne
Jul: $263.25 per tonne
Aug: $263.25 per tonne
Sep: $267.50 per tonne

It has been corrected to:

Jun: $263.25 per tonne
Jul: $257.75 per tonne
Aug: $259.75 per tonne
Sep: $271 per tonne
 
AG-WHE-0027 
Wheat 10% FOB US Pacific Northwest SW $/mt was published incorrectly on May 4 as:

Jul: $246 per tonne
Aug: $244 per tonne

It has been corrected to:

Jul: $244 per tonne
Aug: $240 per tonne

Fastmarkets’ pricing database has been updated to reflect these changes.

For more information or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact pricing@fastmarkets.com and grains_oilseeds@fastmarkets.com. Please add the subject heading “re: Correction of soybean, corn and wheat prices on May 1 and May 4.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

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