850 N 4TH AVE. * WALLA WALLA, WA  99362
Walla Walla Office (509) 525-6510
Dayton Office (509) 382-2571
St. John Office (509) 648-3316
FAX (509) 529-6050

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

 

Phone: 800-994-4290 Monday, June 18, 2018
 
Home
Northwest Grain Growers
My Account
Admin Login
  

Local Cash Bids
 
  June July August September
Delivered Coast SWW Cash Price
  Chart Chart Chart Chart
BARLEY Cash Price
  Chart Chart Chart Chart
14% DNS Cash Price
  Chart Chart Chart Chart
11.5% HRW Cash Price
  Chart Chart Chart Chart
CANOLA Cash Price
  Chart Chart Chart Chart
Price as of 06/18/18 12:13AM CDT.
Month Symbols
Click to view more Cash Bids

Bid Notes

Prices Updated Friday 8:30 am

BIDS ARE SUBJECT TO CHANGE AT ANY TIME.
REMINDER PRICES ARE NOW DELIVERED COAST
RED WHEAT MARKETS ARE MORNING ONLY
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: +.00 max 12.0% protein

Old Crop 2018 SWH vs. SRW Futures Basis = $1.05/bu. SRW July 2018 futures

New Crop 2018 SWH vs. SRW Futures Basis = $0..80/bu. SRW Sept 2018 futures

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

14% DNS Scales:  +.04/-.08 ea. 1/4 from 14%, 16% max

11.5% HRW Scales:  +.10/-.20 ea. 1/2% from 11.5%, 13% max

2018 Winter Wheat RP Base Price = $5.92/bu. Portland

2018 Spring Wheat RP Base Price = $6.30/bu. MGE
Barge Fuel Surcharge:
June -.9% = -$.003/bu. (negative means you get a credit back)

Country Elevator (truck/rail) Fuel Surcharge:
June 19% = $.023/bu.
 


Futures
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 18 495'4 499'0 493'0 496'6 -2'6 499'4 12:02A Chart for @W8N Options for @W8N
Sep 18 509'6 512'4 507'0 510'2 -3'2 513'4 12:02A Chart for @W8U Options for @W8U
Dec 18 527'2 532'4 527'2 530'6 -3'4 534'2 12:02A Chart for @W8Z Options for @W8Z
Mar 19 549'4 550'0 547'0 548'6 -5'0 553'6 12:02A Chart for @W9H Options for @W9H
May 19 560'2 561'0 558'2 560'2 -4'6 565'0 12:02A Chart for @W9K Options for @W9K
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Jul 18 515'0 518'6 511'6 514'4 -5'2 519'6 12:02A Chart for @KW8N Options for @KW8N
Sep 18 530'4 533'4 526'0 529'0 -5'2 534'2 12:02A Chart for @KW8U Options for @KW8U
Dec 18 552'0 557'2 549'4 552'2 -5'6 558'0 12:02A Chart for @KW8Z Options for @KW8Z
Mar 19 570'2 573'4 566'4 569'0 -5'4 574'4 12:02A Chart for @KW9H Options for @KW9H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Jul 18 570'0 571'6 568'2 571'6 1'0 570'6 12:02A Chart for @MW8N Options for @MW8N
Sep 18 580'2 583'0 579'4 582'0 1'0 581'0 12:02A Chart for @MW8U Options for @MW8U
Dec 18 594'0 596'0 593'6 596'0 1'0 595'0 12:02A Chart for @MW8Z Options for @MW8Z
Mar 19 609'2 609'2 609'0 609'0 -0'6 609'6 12:02A Chart for @MW9H Options for @MW9H
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 18 359'4 362'0 358'4 359'6 -1'4 361'2 12:02A Chart for @C8N Options for @C8N
Sep 18 369'2 371'6 368'2 369'2 -1'4 370'6 12:02A Chart for @C8U Options for @C8U
Dec 18 381'0 383'4 380'0 381'2 -1'4 382'6 12:02A Chart for @C8Z Options for @C8Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 18 905'4 914'0 903'6 908'6 3'2 905'4 12:02A Chart for @S8N Options for @S8N
Aug 18 911'4 919'6 910'2 914'6 3'2 911'4 12:02A Chart for @S8Q Options for @S8Q
Sep 18 918'4 926'4 917'0 921'4 3'2 918'2 12:02A Chart for @S8U Options for @S8U
My Custom Markets
Symbol Open High Low Last Change Close Time More

Local Conditions
Walla Walla, WA
Chg Zip Code: 
Temp: 68oF Feels Like: 67oF
Humid: 59% Dew Pt: 53oF
Barom: 29.82 Wind Dir: E
Cond: N/A Wind Spd: 7 mph
Sunrise: 5:01 Sunset: 8:47
As reported at WALLA WALLA, WA at 9:00 PM
View complete Local Weather

Local Forecast
Walla Walla, WA
Chg Zip:

Monday

Tuesday

Wednesday

Thursday

Friday
High: 72°F
Low: 59°F
Precip: 80%
High: 81°F
Low: 58°F
Precip: 80%
High: 88°F
Low: 60°F
Precip: 80%
High: 91°F
Low: 64°F
Precip: 20%
High: 87°F
Low: 65°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

NWGG Field Days Schedule
NWGG/WSU/OSU Lower Rainfall Plot Tour in Eureka
Monday June 18, 2018 @ 3pm

NWGG/WSU/OSU High Rainfall Plot Tour in Walla Walla
Wednesday June 20, 2018 @ 1pm
NWGG will host a short marketing meeting and lunch at the Walla Walla Fairgrounds starting at 11am on June 20th before the Walla Walla tour

NWGG/WSU/OSU Dayton Plot Tour
Friday June 22, 2018 @ 8am

Map pins for all three plots can be found at:

http://smallgrains.wsu.edu/variety/2018-location-maps/


 

 


A reminder from your local FSA offices:
“The Farm Service Agency (FSA) deadline for 2018 acreage reporting for spring seeded crops  is Monday, July 16, 2018. Please call your local FSA office to make an appointment.  Any appointments made after the July 16, 2018 deadline will be subject to a late file fee per farm number.”
`
Kelley Betts
County Executive Director
Email: kelley.betts@wa.usda.gov
 

Daily Commentary

6/14/18 - Wheat futures broke through trendline support levels for the first time in the last two months today as the dollar rallied sharply.  There's hot weather in the corn belt but moisture is good in most areas but parts of the south central belt are getting kind of dry.  The short term outlook for prices isn't good and without a bullish news item it seems like markets will drift lower into the end of the month's acreage and stocks report which will be very influential.


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: 6/1/18  Black Sea winter wheat areas are drier than normal which raises concern about Russia's production potential this year.  If drought develops in the area world wheat exports would certainly be affected as Russia is the number one wheat exporter in the world right now.  Spring wheat acreage in Russia may fall below projections as it has been very wet in Siberia which could also impact Russian production this year.
2: 6/1/18  The corn crop in the U.S. is off to a very good start as plantings have caught up to average pace and the first crop condition ratings of the year were among the best in 20 years.  The only remaining question is acreage which the USDA will put out their planted acres report on June 29th.
3: 6/1/18  Chicago wheat futures have been in an uptrend since the first of the year, albeit a volatile one.  There have been several price spikes and selloffs with each selloff settling a bit higher than the previous one.  Each spike has provided a favorable opportunity to price new crop bushels and producers should continue to take advantage of the rallies.
4: 6/1/18  Conditions for the rest of the spring in Russia and then pollination for the U.S. corn crop are the two significant weather related items on the radar at the moment.  Australia has been very dry as well but looks to see some rain next week and has a long way to go to see what kind of a crop they'll end up with.
5: 6/1/18 The next USDA supply and demand report is on June 12th but the stocks and acreage report on June 29th will be more important.

DTN Ag Headline News
Ag Groups Tweet #TradeNotTariffs
DTN Field Roundup
The Market's Fine Print
Court Upholds Glyphosate Labels Block
Senate Farm Bill Advances
Growing Pains
View From the Cab
Japan Ag Trip Packed
Ethanol Groups Assess RFS Damage

Headline News
Giuliani: Trump May Pardon After Probe 06/17 10:41
OMB Official Nominated for Consumer Grp06/17 10:48
3 Dems Look to Make Wisconsin History 06/17 10:37
MN Regulators Near Pipeline Decision 06/17 10:44
Migration Fight Shakes German Gov't 06/17 10:47
Coalition Strikes Yemen Airport 06/17 10:40
Ford to Restore Mich. Central Station 06/17 10:43
US Stocks Dip Amid Trade Worries 06/15 15:51

WSU AgWeatherNET











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