850 N 4TH AVE. * WALLA WALLA, WA  99362
Walla Walla Office (509) 525-6510
Dayton Office (509) 382-2571
FAX (509) 529-6050

Office Hours: 7:30am to 12:00pm and 1:00pm to 4:30pm

 

Phone: 800-994-4290 Wednesday, May 24, 2017
 
Home
Northwest Grain Growers
My Account
Admin Login
  

Local Cash Bids
 
  May June July/August 2017
Delivered Coast SWW ORDINARY PROTEIN Cash Price
  Chart Chart Chart
BARLEY Cash Price  
  Chart Chart
14% DNS Cash Price
  Chart Chart Chart
11.5% HRW Cash Price
  Chart Chart Chart
CANOLA Cash Price
  Chart Chart Chart
Price as of 05/24/17 08:03PM CDT.
Month Symbols
Click to view more Cash Bids

Bid Notes

Prices Updated Wednesday 2:30 pm

BIDS ARE SUBJECT TO CHANGE AT ANY TIME.
REMINDER PRICES ARE NOW DELIVERED COAST 
Buying Hours: Monday - Thursday 8:30am - 11:00am and 2:30pm - 4:30pm
Friday 8:30am - 11:00am and no afternoon market


Club Wheat Premium: +.15 max 12.0% protein

2016 SWH vs. SRW Futures Basis = $0.60/bu. SRW July 2017 futures

New Crop SWH bids are for Max 10.5% Protein Market Scales Time of Delivery 

14% DNS Scales:  +.06/-.12 ea. 1/4 from 14%, 16% max

11.5% HRW Scales:  +.15/-.30 ea. 1/2% from 11.5%, 13% max

2017 Winter Wheat RP Base Price = $5.45/bu. Portland
2017 Spring Wheat RP Base Price = $5.40/bu. Portland

 

Barge Fuel Surcharge:
May -5.3% = -$.018/bu. (negative means you get a credit back)

Country Elevator (truck/rail) Fuel Surcharge:
May 17% = $.020/bu.


Futures
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 17 431'4 434'4 431'4 433'4 1'0 432'4 07:51P Chart for @W7N Options for @W7N
Sep 17 445'4 447'4 445'4 446'6 0'6 446'0 07:51P Chart for @W7U Options for @W7U
Dec 17 467'0 470'0 467'0 468'6 1'0 467'6 07:51P Chart for @W7Z Options for @W7Z
Mar 18 485'6 488'0 485'6 488'0 2'0 486'0 07:51P Chart for @W8H Options for @W8H
May 18 499'0 499'2 499'0 499'2 0'6 498'4 07:51P Chart for @W8K Options for @W8K
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Jul 17 432'6 435'0 432'6 434'2 1'4 432'6 07:51P Chart for @KW7N Options for @KW7N
Sep 17 451'4 452'0 451'2 451'2 0'6 450'4 07:50P Chart for @KW7U Options for @KW7U
Dec 17 475'4 477'6 475'4 476'4 0'6 475'6 07:51P Chart for @KW7Z Options for @KW7Z
Mar 18 490'2 492'4 488'0 491'0 1'4 491'2s 07:51P Chart for @KW8H Options for @KW8H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Jul 17 560'0 561'0 560'0 561'0 0'0 561'0 07:49P Chart for @MW7N Options for @MW7N
Sep 17 566'0 566'0 566'0 566'0 -0'6 566'6 07:49P Chart for @MW7U Options for @MW7U
Dec 17 571'4 572'6 571'4 572'6 -0'4 573'2 07:49P Chart for @MW7Z Options for @MW7Z
Mar 18 575'6 578'0 575'0 578'0 4'4 579'4s 07:49P Chart for @MW8H Options for @MW8H
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 17 371'0 372'2 370'6 371'4 0'2 371'2 07:51P Chart for @C7N Options for @C7N
Sep 17 379'0 379'6 378'4 379'2 0'2 379'0 07:51P Chart for @C7U Options for @C7U
Dec 17 389'4 390'4 389'0 389'6 0'0 389'6 07:51P Chart for @C7Z Options for @C7Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 17 947'6 948'6 947'2 948'4 0'2 948'2 07:52P Chart for @S7N Options for @S7N
Aug 17 949'6 950'6 949'2 950'2 0'0 950'2 07:52P Chart for @S7Q Options for @S7Q
Sep 17 947'2 947'4 947'0 947'4 -0'2 947'6 07:52P Chart for @S7U Options for @S7U
My Custom Markets
Symbol Open High Low Last Change Close Time More

Local Conditions
Walla Walla, WA
Chg Zip Code: 
Temp: 68oF Feels Like: 66oF
Humid: 26% Dew Pt: 32oF
Barom: 29.76 Wind Dir: W
Cond: N/A Wind Spd: 13 mph
Sunrise: 5:09 Sunset: 8:30
As reported at WALLA WALLA, WA at 5:00 PM
View complete Local Weather

Local Forecast
Walla Walla, WA
Chg Zip:

Thursday

Friday

Saturday

Sunday

Monday
High: 69°F
Low: 50°F
Precip: 20%
High: 80°F
Low: 50°F
Precip: 0%
High: 86°F
Low: 55°F
Precip: 0%
High: 90°F
Low: 59°F
Precip: 0%
High: 92°F
Low: 61°F
Precip: 0%
View complete Local Weather

Local Radar
Walla Walla, WA
Chg Zip Code: 
 
Radar
View complete Local Weather

DTN Text Messages
Log in
Username:
Password:
Click Here to request a username/password.


Announcements

Please mark your calendars. NWGG pre-harvest meeting and high rainfall plot tour is scheduled for June 21, 2017. In addition to our regular agenda we are also inviting some of our friends from the grain industry this year and will be applying to WSDA for pesticide credits. We will provide more information as it becomes available.  
 

Check out our 2017 Spring Seed newsletter under the newsletter button on the left hand side of your screen.
 

 



 

Daily Commentary

5/24/17 - Pretty quiet today all things considered.  Wheat futures closed up a couple of cents and there wasn't any news to speak of.  Next week on Tuesday the USDA will start reporting the crop conditions for both corn and spring wheat.  So far there have been some individual states release corn ratings but they haven't made much noise even though conditions in Illinois are not off to nearly as good a start as they were last year with all the heavy rain they've been receiving.


The Weekly Top Five
These are the 5 biggest issues that NWGG feel are affecting today's markets and items to watch for as we progress through the year.     
 
1. 5/17/17  Kansas winter wheat conditions did not decline this week versus last week which was negative for prices.  At this point the market is looking at the damage caused by the blizzard at the beginning of May as being factored into the market.
2. 5/17/17  Planting progress for corn, soybeans, and spring wheat have caught up to the 5 year average after a slow start due to wet weather.
3.  5/19/17  Speculators in wheat futures covered a significant portion of their short position on the rally after the weekend blizzard and are now short 150k contracts in Chicago vs. a record short of 188k a few weeks ago.  
4. 5/17/17  The dollar has broken support and has traded to levels not seen since prior to the election which is benneficial to commodities.
5. 5/17/17 Upcoming report dates: June 9th USDA monthly supply and demand report, June 30th quarterly stocks and final planted acreage for corn, soybeans, and spring wheat.

 

DTN Ag Headline News
Todd's Take
View From the Cab
Budget Plan Lands With a Thud
Trump Proposes Farm Cuts
More Neonic Buzz
Pesticides Bill Moves
Groups Push E15
"Do No Harm" Urged in Trade Talks
Crop Tech Corner

Headline News
Trump Cabinet to Defend Budget 05/24 06:17
Panel to Release Health Bill Effect 05/24 06:24
Trump, Pope Francis Meet at Vatican 05/24 06:13
3 More Arrests in UK Bombing 05/24 06:20
Trump Hires Attorney for Russia Probe 05/24 06:23
Iraq Probes Human Rights Violations 05/24 06:16
Russia Defense Min Boasts About Weapons05/24 06:19
US Stocks Extend Gains to 5th Day 05/24 15:57

WSU AgWeatherNET











 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN