SWW | ||||||
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Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
Club Wheat Max 10.5% | ||||||
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Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
HRW 11.5% | ||||||
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Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
DNS 14.0% | ||||||
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Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
Barley (Coast) | ||||||
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Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
CANOLA FOB UTOWN 7-17-25 | ||||||
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Delivery Start | Notes | Basis | Cash Price | Delivery End | Basis Month | Futures Price |
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
HRW: + 5 cents each 1/2% above 11.5% to 13.0%; - 10 cents each 1/2% below 11.5%
DNS: + 3 cents each 1/4% above 14.0% to 15.5%; - 7 cents each 1/4% below 14.0%
SWW: + 0 cents each 1/10% below 10.5%; - 0 cents each 1/10% from 10.5% to 12.0%. Max = -$0.00
** CLUB WHEAT MAX 10.5% PROTEIN ONLY **
Premiums and Discounts are Subject to Change...Please Call to Confirm
July 18, 2025
Local Commentary Provided by NWGG
Outside Markets:
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USD is lower
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Crude is higher
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Gold is higher
Market News:
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Wheat is higher
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Corn is higher
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Soybeans are higher
Daily Trivia: In what year was Walla Walla Community College named the Aspen Institutes Top Community College in the United States? Hint: It was my freshman year as a Warrior
I know what you're thinking, "Riley, why is the board up today?" Well... I'm thinking the same thing. It's 6:45am and for the next 1.5 hours our marketing team will collaborate and try to find a conclusive response, but spoiler alert: if you're reading this intro right now and it hasn't been deleted you can assume we yielded little conclusions outside of a few chart indicators. Sometimes algos are triggered and money moves. Leading the grains rally last night and this morning is soybeans which we can assume is driven by oil updates, but there’s nothing new this morning regarding RVOs. The ongoing "deal" discussions with China persist, yet no concrete developments have emerged. In wheat, The French wheat harvest is apparently 71% complete, with crop ratings improving by 1% to 69% Good/Excellent. In contrast, corn ratings dropped by 3% to 72% Good/Excellent. German Coop officials estimate the 2025 wheat crop at 21.56 million metric tons, a slight increase from their previous forecast, and a 16% rise compared to last year. Does any of that matter much? Eh. In other news, Ukrainian officials report a wheat harvest of 4.67 million metric tons so far, but yields are below expectations. It remains to be seen if yields improve, but it appears that total wheat production in the Black Sea may decline? Nothing conclusive yet, but maybe that's the underlying positive sentiment in the wheat market this morning? Maybe I should delete the first couple sentences? Maybe it all makes sense? Nah. I'll stick with inconclusive bullish evidence until Monday. If you need money soon, our advice would be selling the "bounce" today. But that's also coming from the guy who can't give you a conclusive reason behind the "bounce" outside of technical indicators... So, naturally I'm only thinking of it as a "bounce" with no evidence towards a long-term market shift. So naturally I'm going to view it as a sell opportunity if it's a "bounce", with no big headline, right? Because it wouldn't be a "bounce" if it didn't come back down on Monday, right?... What came first the chicken or the egg... If a tree falls in the woods... I never took a philosophy class at WWCC, so I'll never know those answers. But our marketing team views it as a bounce.
Rant over. In other news, the S&P 500 reached a new all-time high yesterday, with most other major indices showing strong gains as well. Earnings reports from major companies have consistently surpassed expectations, and yesterday's economic data was broadly favorable, retail sales increased, unemployment decreased, manufacturing showed positive growth, and the import/export balance indicated a gradual easing of inflation. Tariff discussions have taken a back seat for now, and consumer sentiment remains upbeat. The only thing showing a decline is the USDX, and it's only slightly down, but still remaining within the new steep uptrend channel that started with the July 1 bottom.
Speaking of US dollars, I'm filling contracts as quick as I can now that grades are steadily rolling in. Keep an eye out for some checks and deposits.
Have a good "weekend" everybody? Is there really weekends during harvest? Ask your significant others and see what they say.
Trivia Answer: 2013. Go Warriors!
- Riley Kretschmer
Effective July 1st, 2025
We know every dollar counts, especially in agriculture, and that's why I'm delighted to announce that the Board of Directors has approved a 10% reduction in wheat handling rates. This will bring the rate down from 15 cents to 13.5 cents per bushel, effective July 1st, 2025.
This decision was made with you, our valued members, at the forefront. We firmly believe that by reducing these rates, we can help put more money back into your pockets and support the vital work you do every day on your farms. This is about strengthening our co-op together, and ensuring we continue to provide the best possible value for your hard-earned dollar.
To help us continue making smart decisions that enrich our members, we'd greatly appreciate it if you could please take a few moments to fill out our Acres for Storage Survey at this link. Your input is so helpful as we plan for the future.
Thank you for your continued loyalty and for being such an integral part of our co-op community. Your success is our success, and we're committed to doing everything we can to support you.
Sincerely,
Garrett Egland
General Manager
Futures Table
- Cotton Bulls Make Strides on the week Despite Friday Pull Back
- Cotton futures rounded out the week with losses of 10 to 13 points on Friday. December was still up 126 points on the week. Crude oil futures were back down 21 cents per barrel, with the US dollar index down $0.236 to $98.210. Weekly CFTC data showed a total of...
- Corn Rallies into the Weekend
- Corn future closed the Friday session with contracts up 6 to 7 cents across most front months. Short covering was likely a culprit heading into a weekend, as September was up 12 ½ cents on the week. The CmdtyView national average Cash Corn price was $3.95, up 6 ½ cents....
- Wheat Closes the Week with Gains
- The wheat market was in rally mode on Friday, with spring wheat joining in with slightly higher movement. CBT prices were 12 to 13 cents higher across most nearbys, with September up 1 1/4 cents. KC contracts were 11 to 12 cents in the green, as Sep was up 4...
- Hogs Close Higher on Friday
- Lean hog futures posted gains on Friday of as little as a tick to 65 cents. August was up $1.80 since last Friday. USDA’s national base hog price had a weighted average of $105.55 on Friday afternoon, down $5.15 from Thursday. The CME Lean Hog Index was up 43 cents...
- Cattle Fade Lower into the Weekend
- Live cattle were lower on Friday as contracts pulled off midday lows to close with 12 to 70 cent losses. August was still up $1.35 this week. Cash trade was light this week, with trade picked up in KS at $230-231 and $240-242 northern action. Feeder cattle posted losses of...
- Soybeans Continue Higher Helped by Meal Gains
- Soybeans posted Friday gains of 6 to 9 cents in the nearbys, as August was up 23 ½ cents over the course of the week. The cmdtyView national average new crop Cash Bean price was up 7 ¾ cents today at $9.90. Soymeal futures were $5.30 higher, as August was...