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 Friday, June 24, 2016
 
Home
Northwest Grain Growers
My Account
Admin Login
  

Local Cash Bids
 
  June July August September
Delivered Coast SWW ORDINARY PROTEIN Cash Price
  Chart Chart Chart Chart
SWW 10.5% PROTEIN Cash Price
  Chart Chart Chart Chart
BARLEY Cash Price      
  Chart
14% DNS Cash Price
  Chart Chart Chart Chart
11.5% HRW Cash Price
  Chart Chart Chart Chart
Price as of 06/24/16 08:30PM 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 


2015 SWW LOW PROTEIN PREMIUMS (DLVD JULY-AUGUST 2015)
10.5% AND BELOW  +0.05



2016 New Crop SWH bids are for Ordinary Protein.  If you want to guarantee Max 10.5% protein you will receive a +$.05 premium.

Club Premium: +.10 max 10.5% protein

2015/2016 SWH vs. SRW Futures Basis = $.55/bu. SRW Sept 2016 futures

2016 Winter Wheat RP Current Base Price = $5.63/bu. Portland

14% DNS Scales:  +.04/-.08 ea. 1/4 from 14%, 16% max, 12% min

11.5% HRW Scales:  +.03/-.06 ea. 1/2% from 11.5%, 13% max, 9.5% min

Barge Fuel Surcharge:
May -9.1% = $.03/bu. (negative means you get a credit back)
June -7.1% = $.023/bu. (negative means you get a credit back)

Country Elevator (truck/rail) Fuel Surcharge:
May 11% = $.013/bu.
June 13% = $.016/bu.


Futures
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Jul 16 454'4 456'0 441'6 455'0 0'4 454'6s 02:34P Chart for @W6N Options for @W6N
Sep 16 465'4 466'2 453'2 465'2 -0'6 465'0s 02:59P Chart for @W6U Options for @W6U
Dec 16 485'0 486'2 473'2 485'0 -1'4 484'6s 01:30P Chart for @W6Z Options for @W6Z
Mar 17 505'4 505'4 493'2 502'6 -2'0 502'6s 01:20P Chart for @W7H Options for @W7H
May 17 513'0 513'4 505'0 513'0 -2'2 513'0s 01:30P Chart for @W7K Options for @W7K
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Jul 16 427'6 428'4 418'0 424'0 -5'0 422'6s 03:42P Chart for @KW6N Options for @KW6N
Sep 16 446'0 446'2 435'4 442'0 -4'4 441'0s 03:38P Chart for @KW6U Options for @KW6U
Dec 16 470'6 471'4 460'6 467'4 -4'0 466'6s 02:57P Chart for @KW6Z Options for @KW6Z
Mar 17 488'0 488'0 477'6 484'0 -4'2 483'2s 01:30P Chart for @KW7H Options for @KW7H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Jul 16 521'4 521'4 515'0 518'2 -3'6 517'6s 02:30P Chart for @MW6N Options for @MW6N
Sep 16 531'0 532'2 523'2 526'6 -4'4 526'4s 01:31P Chart for @MW6U Options for @MW6U
Dec 16 546'0 546'0 538'4 541'2 -4'0 541'4s 01:31P Chart for @MW6Z Options for @MW6Z
Mar 17 559'0 559'0 552'0 555'2 -3'2 555'0s 01:31P Chart for @MW7H Options for @MW7H
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Jul 16 387'4 390'0 373'4 385'2 -2'6 384'4s 03:39P Chart for @C6N Options for @C6N
Sep 16 392'4 395'0 378'0 390'0 -3'4 389'0s 03:55P Chart for @C6U Options for @C6U
Dec 16 398'0 400'4 382'4 395'0 -3'4 394'2s 03:29P Chart for @C6Z Options for @C6Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Jul 16 1124'6 1132'0 1099'2 1109'2 -21'4 1103'0s 03:51P Chart for @S6N Options for @S6N
Aug 16 1123'2 1131'0 1097'4 1107'0 -22'0 1101'4s 02:46P Chart for @S6Q Options for @S6Q
Sep 16 1110'2 1116'6 1082'0 1091'6 -22'6 1086'2s 02:31P Chart for @S6U Options for @S6U
My Custom Markets
Symbol Open High Low Last Change Close Time More

Local Conditions
Walla Walla, WA
Chg Zip Code: 
Temp: 71oF Feels Like: 74oF
Humid: 31% Dew Pt: 39oF
Barom: 30.13 Wind Dir: W
Cond: N/A Wind Spd: 18 mph
Sunrise: 5:03 Sunset: 8:48
As reported at WALLA WALLA, WA at 6:00 PM
View complete Local Weather

Local Forecast
Walla Walla, WA
Chg Zip:

Saturday

Sunday

Monday

Tuesday

Wednesday
High: 80°F
Low: 53°F
Precip: 0%
High: 90°F
Low: 55°F
Precip: 0%
High: 94°F
Low: 61°F
Precip: 0%
High: 94°F
Low: 65°F
Precip: 0%
High: 94°F
Low: 64°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

Northwest Grain Growers will have a new delivery location for the 2016 harvest season. We have taken over the former Gavilon ground piles in Umatilla County. Midway will be available for harvest deliveries. If you are interested in delivering to this ground pile, please call the office and let us know. 

PRE-HARVEST GROWER MEETINGS AND FIELD TOURS

Walla Walla June 23rd 10:00 a.m. Walla Walla Country Fair Grounds
RSVP 509-525-6510
Dayton June 24th 10:00 a.m. Best Western in Dayton
RSVP 509-382-2571
Lunch will be provided after the meetings. Please RSVP so we can get a head count for lunch.

Field Tours: Higher Rainfall Test Plot June 23rd at 1:30 p.m.
Heading East on HWY 12 from Walla Walla, turn right (South) onto Harbert Rd. just past the weigh station. 
Lower Rainfall Test Plot June 24th at 8:00 a.m.
Heading East on HWY 124, turn left (South) onto North Touchet Rd.



Crop surveys and crop splits have both been mailed out in seperate mailings. Please return both of those items as soon as possible. Harvest is fast approaching and those items help us be prepared for your crop deliveries. Thank you.
 

 

 

2016 Off Coast By Location




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

6/23/16 - The market is a little punchy this morning as the Brexit vote is underway in England today.  If they leave the EU it could throw financial markets in to some short term turmoil which would theoretically boost the value of the dollar and be negative to commodities.  If they vote to remain then it's business as usuall with weather still at the forefront of the grain markets.  The corn belt has received needed rains over the last two days.  Wheat export sales this week were decent at 17 million bushels overall with 4.2 million bushels being white wheat.


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. 6/13/16  The USDA increased projected HRW production by 75 million bushels on this month's supply and demand report which is a huge jump for one month.
2. 6/13/16  Areas of Europe have seen flooding rains recently which will probably cause a downgrade of wheat quality in those areas.
3. 6/13/16  Wheat production in our export competitors still looks high this year.
4. 6/13/16  The USDA stocks and acreage report on June 30th will be hotly traded as the market looks for an indication on how many acres of corn switched to soybeans given the run in soybean prices since March.
5. 6/13/16  Spring wheat acreage should be cut on the report at the end of the month as producers switch to alternative crops due to low wheat prices. 

DTN Ag Headline News
Britain Votes to Leave EU
High Hopes for Costco Poultry
Crop Tech Corner
Senators Reach GMO Compromise
Plant Detective
Ready for Farm Overtime?
FAA Releases UAS Rules
RFS Under the Microscope
Glyphosate Assessment Ongoing

Headline News
The Latest News on Brexit 06/24 17:28
EU Must Stop Unraveling -- If It Can 06/24 06:34
Reactions to Brexit Vote to Leave EU 06/24 07:03
Supreme Court in a Bind 06/24 06:56
Sit-in From Civil Rights Playbook 06/24 06:43
North Korea Won't Abandon Nukes 06/24 06:36
Sanders to Vote for Clinton 06/24 07:24
Global Stocks Tumble After Brexit Vote 06/24 15:57

WSU AgWeatherNET











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