Grain Bids
SWW
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price

Club Wheat Max 10.5%
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price

HRW 11.5%
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price

DNS 14.0%
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price

Barley (Coast)
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price

CANOLA FOB UTOWN 7-03-25
Delivery Start Notes Basis Cash Price Delivery End Basis Month Futures Price
Quotes are delayed, as of July 10, 2025, 02:32:01 AM CDT or prior.
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

Protein Scales

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


Local Daily Commentary

07/08/2025

Local Commentary care of NWGG

Outside Markets:  

  • USD is higher

  • Crude is lower

  • Gold is lower

Market News:  

  • Wheat is lower

  • Corn is lower

  • Soybeans are lower

 

Daily Trivia: In what year was The Dalles, Oregon officially incorporated as a city?

 

Its July 9th. An anticipated date in the tariff timeline. Unfortunately, thus far, it's just a rather anticlimactic Wednesday morning. According to the administration, new tariff rates for seven additional countries are expected to be announced today with rates for another 15–20 nations said to be “coming soon.” Meanwhile, we’re also still waiting patiently for the first of the trade deals that were promised before today's deadline. President Trump did announce that the long-threatened 50% tariffs on copper will take effect by late July or August 1. He also revealed plans to impose tariffs of up to 200% on imported pharmaceuticals but the drug companies would have about 12 to 18 months to adjust before those go into effect. Additionally, he indicated that significant tariffs on semiconductors are being considered, though no specific details or timeline were given. In global conflicts we have an overnight development, Ukrainian officials are claiming they were hit by Russia’s largest drone assault since the war began. The attack came shortly after President Trump promised increased military aid to Kyiv and criticized Russian President Vladimir Putin for being dishonest about peace negotiations. According to Ukraine’s Air Force, the strike involved 728 drones and 13 missiles which far surpasses the previous record of 539 drones. Most of the attack was intercepted, limiting the damage. Ukrainian President Volodymyr Zelensky called the strike a “demonstrative attack” and criticized Russia for rejecting peace efforts. Markets had a pretty limited reaction following the intensified Russian attacks on Ukraine as no major damage to grain or export infrastructure has been reported so far. 

 

Corn pollination window still showing some of the best conditions ever. Thats the only weather update for the morning. Here's a little geology though... Apparently, a cluster of hundreds of small earthquakes were recorded early yesterday beneath Mount Rainier. Yeah, the one not very far from here. According to the US Geological Survey’s Cascade Volcano Observatory, the tremors began just before 1:30 a.m. and have been occurring several times per minute. The quakes are occurring between 1.2 and 3.7 miles beneath the summit, and all have been low in magnitude. The strongest recorded so far measured 1.7, though none have been strong enough to feel on the surface. According to my thorough, in depth, 4-minute internet scroll these quake swarms are not uncommon at Mount Rainier, but this one stands out due to the sheer number of quakes. Normally, Mount Rainier experiences about nine quakes per month. The last major swarm occurred in 2009, when over 1,000 tremors were recorded over three days. Sounds pretty wild overall... But everything I found online emphasized that geologists say there's no reason for alarm. Guess I'll take their word for it. 

 

The USDA's monthly Crop Production and Agricultural Supply and Demand reports will be released this Friday at 9:00AM so expect slight delays in bids that morning. We apologize for the inconvenience on those days, but it allows us a little time to gauge the market response. 

Source: StoneX 

 

Trivia Answer: 1857

- Riley Kretschmer


Exciting News! Wheat Handling Rates Reduced!

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

Quotes are delayed, as of July 10, 2025, 02:32:01 AM CDT or prior.

Commentary
Cotton Posts Midweek Pop
Cotton posted gains of 28 to 40 points on the Wednesday session to rebound from recent weakness. The July contract rolled off the board at 64.96. Crude oil was down 4 cents/barrel to close at $68.29, with the US dollar index $0.012 lower to $97.160. Tuesday’s online auction from The...
Corn Holds Higher into the Wednesday Close
Corn bulls showed up on Wednesday to defend the $4 level on September, but fell short by the close. Contracts were still 1 to 2 cents in the green at the close. The front month CmdtyView national average Cash Corn price was up 1 ½ cents at $3.85 1/2. Wednesday...
Soybeans Pressured to Close with Double Digit Losses on Wednesday
Soybeans slipped even further into the Wednesday close, as most contracts were down 10 to 12 cents at the final bell. The cmdtyView national average Cash Bean price was down 12 1/2 cents at $9.68 ½. Soymeal futures were down a dime to $1.40/ton, as Soy Oil was 45 to...
Cattle Close Higher on Wednesday as Beef Falters
Live cattle futures closed out the Wednesday session with contracts up 50 to 70 cents and August down 20. Cash trade saw very light $225 Southern action reported on Tuesday. The Wednesday morning Fed Cattle Exchange online auction from Central Stockyards, showed no sales on the 928 head, with bids...
Hog Bulls Recover on Wednesday Trade
Lean hog futures rounded out the midweek trade with contracts up anywhere from 12 to 80 cents in the front months. USDA’s national base hog price was reported at $111.90 on Wednesday afternoon, down 12 cents from the day prior. The CME Lean Hog Index was down $1.00 at $107.33...
Wheat Posts Mixed Trade on Wednesday
The wheat complex ended Wednesday on a mixed note, as the hard red contracts were busy posting slight strength. Chicago SRW wheat was fractionally lower to close out the session. KC HRW contracts posted slight 1 to 2 cent gains at the close. MPLS spring wheat was up 1 to...

Local Weather

Forecast

The CME Group