| 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 04-15-23 | ||||||
|---|---|---|---|---|---|---|
| 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
- Corn Heading Higher Following EPA Announcement
- Midday action in the corn market has futures with 5 to 7 cent gains across most front months. The EPA today issued an emergency waiver to allow sales of E15 this summer. The waiver overrides the current policy that prohibits summer sales beginning on June 1 from retailers. USDA reported...
- Wheat Still Higher at Midday
- Despite pulling off the overnight highs by 15-20 cents across some contracts, the wheat complex is still in the green on Friday. Chicago contracts are leading the way, with 9 to 10 cent gains in the front months. MPLS is next in line, with 5 to 7 cent gains. Kansas...
- Soybeans Rallying Double Digits into the Weekend
- Soybeans are posting double digit gains across the front months on Friday, with gains of 10 to 14 cents. Soymeal is up $5.60 to $6 in the nearbys at midday. Soy Oil is 6 to 7 points higher so far. A private export sale ofo121,500 MT of soybeans was reported...
- Hogs Rallying on Friday
- Lean hogs are posting a midday rally, with contracts up $1.30 to $2.02. USDA’s National Average Base Hog negotiated price was down $1.80 in the Friday morning report at $88.69. The CME Lean Hog Index was another dime higher at $91.46 on April 17. China’s ministry of ag reported the...
- Cotton Modestly Higher at Midday
- The cotton market is trading 2 to 72 points higher to round out the week. Crude oil futures had a volatile night, and are back up 33 cents at midday, with the morning lows more than $4 off the overnight highs. That was after after reports of several presumed Israeli...
- Cattle Squaring Up Ahead of CoF Data
- Live cattle traders are squaring their positions ahead of this afternoons Cattle on Feed report with contracts anywhere form 25 cents higher to 55 cents lower. Cash action has been quiet so far this week, with some $183 live and $292 dressed action reported in the North, down $1 from...
04/19/24
Commentary Care of Northwest Grain Growers
All wheat futures are making gains higher this morning as it seems that Chicago is going to be leading the way. It seems that trade is trying to cover some of their shorts as no one wants to be short going into the weekend with the current conflict between Israel and Iran.
SovEcon is reporting the Russian 2024 wheat crop at 93 mmt. This is down 1 mmt from their previous forecast. It is nice to see that the crop has dropped by 1 mmt but, that is still a lot of wheat for the rest of the world to have to compete with.
In weather, it looks like Kansas and Oklahoma will have another shot of rain in the 6–7-day forecast. If these rains do come to fruition this will keep wheat bulls tempered for the time being. In the PNW, it still looks dry in the 7-day outlook.
-Hanson
WINFIELD CROPLAN
IN SEASON
CP9978TF $ 789/50# BAG
CP9221TF $ 799/50# BAG
CP930RR $ 699/50# BAG
TREATED WITH HELIX VIBRANCE PLUS LUMIDERM
(VARIETIES ARE SUBJECT TO AVAILABILITY)
TF* TRUE FLEX VARIETIES—44oz RATE OF GLYPHOSATE
RR* ROUNDUP READY VARIETIES—22oz RATE OF GLYPHOSATE
MARKETING REBATE ON SEED—Growers who purchase their Canola seed from UCA and deliver any portion of their crop to UCA will receive a $ 0.25/cwt marketing premium when they sell their crop.
To place seed orders, please contact BEN ANDRUS
