Walla Walla Seed Plant Hours: Monday - Friday 8am to 4:30pm Please call Nate Davin if you need to make other arrangements (509) 629-2143
Hearings to Examine Value and Impact of Northwest Hydro Dams In May 2016 ruling, U.S. District Judge Michael Simon requested the agencies to review all reasonable options (including breaching) for achieving the goals of the hydro system, in order to minimize the system’s negative impacts. Federal Agencies will hold a series of public meetings about the federal hydropower dams on the Columbia and Snake rivers. The purpose is to hear from Northwest residents about dam operations, benefits and the dams’ impact on air, water, land and wildlife, including endangered salmon.
The dams allow NWGG, thereby our members/owners, access to ship over 95% of our wheat grown to Portland by the most cost effective, environmentally friendly mode of transportation. Dam investments have resulted in record fish returns and a 20 year sustained increase in salmon populations. 2015 adult returns past McNary dam are the highest returns recorded since the dam was completed in 1957. The Pacific Northwest Waterways Association (PNWA) has put together some very valuable information in an effort to support the current operation of the dams.
Even if you didn't make it to one of the meetings, you can still submit a formal comment. The easiest way to submit is comments is to visit www.crso.info and click on the submit online comment on the right hand side of the page. You can also click the link below for a comment form, fill it out and you can either email it to firstname.lastname@example.org or return by mail to CRSO EIS, P.O. Box 2870, Portland, OR 97208-2870. NWGG board of directors strongly encourages all of our members to make a positive comment(s) on behalf of your support of the dams. You can submit as many comments as you like until January 17, 2017.
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)
12/7/16 - Grain futures were weaker on Wednesday continuing yesterday's declines. The USDA releases it's monthly supply and demand report this Friday. The biggest change for wheat on this report should be a jump in world wheat production and carryovers due to the larger Australian production estimate that was recently released. Other than that it should be a non-event as any major revisions usually wait till the January report which is released along side the quarterly stocks report and winter wheat planted acreage.
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. 12/7/16 Australia's wheat production was revised to 32.6 million metric tons, up from 28.3 mmt, which is a very negative development for the wheat market and white wheat in particular going forward. 2. 12/7/16 The extended river closure begins 12/10/16 and lasts through 3/20/17. Export demand for shipping periods post closure is starting to build but is still limited at this point and exporters aren't very deep on their bids for the period. At lower prices growers aren't selling much but if prices rise expect pressure on the basis as exporters pull back bids as they buy grain. 3. 11/10/16 The USDA surprised the grain markets by raising expected corn yield by 1.9 bpa to 175.3 bpa. Corn ending stock projections are now 2.4 billion bushels where the market had been expecting 2.29 billion bushels. 4. 11/10/16 Growers marketed a significant portion of grain durning the end of September and October as concerns rose about market conditions during the extended river closure starting December 10th, which brought ownership closer to average for this point in the marketing year. Areas that ship grain via other methods remain behind on grower sales. 5. 11/10/16 White wheat ending stocks are projected at 95 million bushels which was unchanged from the prior report.