850 N 4TH AVE. * WALLA WALLA, WA  99362
TELEPHONE (509) 525-6510
FAX (509) 529-6050

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

 

Phone: 800-994-4290 Saturday, March 28, 2015
 
Home
Northwest Grain Growers
My Account
Admin Login
  

Local Cash Bids
 
  March April May June July/Aug 15
Walla Walla SOFT WHITE WHEAT Cash Price
  Chart Chart Chart Chart Chart
BARLEY Cash Price    
  Chart Chart Chart
14% DNS Cash Price  
  Chart Chart Chart Chart
11.5% HRW Cash Price  
  Chart Chart Chart Chart
CLUB PREMIUM Cash Price        
  Chart
CANOLA Cash Price        
  Chart
Price as of 03/28/15 08:03PM 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

2015 Winter Wheat RP Base Price = $6.20/bu. Portland

2015 Spring Wheat RP Base Price = $6.55/bu. Portland

Soft White vs. SRW May Futures Basis = $1.65/bu.

New Crop Soft White vs. SRW Sep. Futures Basis = $1.10/bu

14% DNS Scales:  +.15/-.25 ea. 1/4 from 14%

11.5% HRW Scales:  +.00/-.04 ea. 1/2% from 11.5%

2014/15 Barge and Rail/Truck fuel surcharges have been capped at 30% to our members. 

Barge Fuel Surcharge:
March 17% = $.037/bu.
April 18% = $.04/bu.

Country Elevator Fuel Surcharge:
March 17% = $.02/bu.
April 18% = $.022/bu.


Futures
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 15 499'0 509'0 499'0 507'4 8'4 507'6s 03/27 Chart for @W5K Options for @W5K
Jul 15 505'0 513'0 504'0 512'0 7'2 512'0s 03/27 Chart for @W5N Options for @W5N
Sep 15 514'0 522'0 514'0 520'6 6'6 521'0s 03/27 Chart for @W5U Options for @W5U
Dec 15 528'6 536'2 528'0 535'2 6'2 535'0s 03/27 Chart for @W5Z Options for @W5Z
Mar 16 544'0 548'2 542'4 548'0 6'2 548'2s 03/27 Chart for @W6H Options for @W6H
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 15 542'4 554'2 542'4 552'6 10'0 553'0s 03/27 Chart for @KW5K Options for @KW5K
Jul 15 548'4 558'6 548'4 558'0 9'0 557'6s 03/27 Chart for @KW5N Options for @KW5N
Sep 15 560'0 569'2 560'0 568'2 8'6 568'6s 03/27 Chart for @KW5U Options for @KW5U
Dec 15 575'4 584'4 575'0 583'2 9'0 584'0s 03/27 Chart for @KW5Z Options for @KW5Z
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
May 15 564'0 576'0 563'2 575'4 11'6 575'0s 03/27 Chart for @MW5K Options for @MW5K
Jul 15 572'0 581'4 569'0 581'0 11'2 580'2s 03/27 Chart for @MW5N Options for @MW5N
Sep 15 576'6 588'4 576'6 588'2 10'4 587'2s 03/27 Chart for @MW5U Options for @MW5U
Dec 15 588'2 598'4 588'0 597'6 10'0 597'2s 03/27 Chart for @MW5Z Options for @MW5Z
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 15 391'0 393'4 389'2 391'4 -0'2 391'0s 03/27 Chart for @C5K Options for @C5K
Jul 15 399'0 401'2 397'2 399'4 -0'2 399'0s 03/27 Chart for @C5N Options for @C5N
Sep 15 406'4 408'2 404'4 406'6 -0'2 406'4s 03/27 Chart for @C5U Options for @C5U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 15 974'0 976'2 965'0 968'0 -7'2 967'2s 03/27 Chart for @S5K Options for @S5K
Jul 15 978'0 980'6 970'0 972'4 -6'4 972'2s 03/27 Chart for @S5N Options for @S5N
Aug 15 978'0 979'4 969'0 971'0 -6'4 971'2s 03/27 Chart for @S5Q Options for @S5Q
My Custom Markets
Symbol Open High Low Last Change Close Time More

Local Conditions
Walla Walla, WA
Chg Zip Code: 
Temp: 62oF Feels Like: 62oF
Humid: 41% Dew Pt: 38oF
Barom: 30.3 Wind Dir: W
Cond: N/A Wind Spd: 15 mph
Sunrise: 6:38 Sunset: 7:17
As reported at WALLA WALLA, WA at 5:00 PM
View complete Local Weather

Local Forecast
Walla Walla, WA
Chg Zip:

Sunday

Monday

Tuesday

Wednesday

Thursday
High: 66°F
Low: 43°F
Precip: 0%
High: 72°F
Low: 46°F
Precip: 0%
High: 58°F
Low: 48°F
Precip: 65%
High: 57°F
Low: 41°F
Precip: 68%
High: 58°F
Low: 39°F
Precip: 26%
View complete Local Weather

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


Announcements

Seed Plant Hours:

Monday to Friday 8am to 4pm
Saturday 8am to 2pm
If you would like to load your seed early in the morning, you may make an appointment lo load between 6:30am and 8am Monday through Friday by calling the main office at 525-6510.



NWGG Wheat Buying Hours

SWW 8:30am -11am and 2:30pm to 4:30pm (no markets Friday afternoon)
HRW & DNS 8:30am to 11am (no afternoon markets)

 


Daily Commentary

3/27/15 - Today was all about short covering ahead of the weekend and next week's USDA reports in wheat futures.   Chicago futures closed up 8 cents on the day while corn was unchanged and soybeans fell.  Tuesday is month end and with it brings the USDA's prospective plantings and quarterly stocks reports.  The quarterly stocks numbers are always a wildcard especially for corn supplies.  Spring wheat acres figure to be up this year especially with weather that is providing some early planting opportunities in the Northern Plains.  The fate of corn may hold sway over wheat as these numbers are usually all about the row crops.  


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. 3/25/15 Prices in Chicago wheat futures have rallied about 40 cents since the beginning of the month however there is still a sizable speculative short in the market that could provide a sharp rally should something cause them to cover their position.
2. 3/25/15 Despite extremely tight ending stocks of SWW this year a lack of producer selling for the past month and a half has extended available supplies a bit further than usual, combined with slowing export business exporters have pulled back on basis levels and are unwilling to buy grain at current prices unless they've got export business secured.
3. 3/25/15 Russian grain winter damage was reduced from 20% to 16% this morning and the Ag ministry is still projecting a total grain crop of over 100 million metric tons.
4. 3/25/15 Japan is buying western white wheat for late May and June now and there isn't much business left to go.  

5. 3/25/15 Winter wheat conditions in the U.S. are much better than a year ago and have been improving even more the past few weeks.

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

My LDP
 
Chg Zip: 
County LDP
USDA has adjusted the calculations of LDP data.
Click here for more information.

Make us your homepage
 
Follow the steps below to make Northwest Grain Growers automatically appear when you launch your browser and when you click the Home button:
  • Open the Edit menu and choose Preferences.
  • Select the Navigator category.
  • Choose Home page under Navigator starts with.
  • In the Home page section, type
    http://www.nwgrgr.com
    in the Location box.
  • Click the OK button.


DTN Ag Headline News
Dr. Dan Talks Agronomy
USDA Extends ARC-PLC Deadline
Senior Partners - 1
Making Money With Manure - 3
Group Questions USDA Science
South China Drives Sorghum Demand
Farmers Expect More Soybeans
The Market's Fine Print
Windy Day Danger

Headline News
Congress,Obama to Spar Over GOP Budget 03/28 10:09
Kerry Orders Review of Recordkeeping 03/28 10:18
Nuke Talks Continue as Deadline Looms 03/28 10:05
Al-Qaida in Syria Seizes Northern City 03/28 10:12
Yemen Pres: Shiite Rebels Iran Puppets 03/28 10:17
Painstaking Recovery at Alps Crash Site03/28 10:08
Anxiety Over Replacement for Reid Seat 03/28 10:11
Stocks Close With Slight Gains 03/27 15:35

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