** Contact Mark if you want our bids by text or emailed to your phone daily? Elevator Phone# 509-545-5179. All prices quoted are deld Portland prices.
5/26/17 Wheat futures up 5-6c today and corn up 5c. Midwest corn and wheat weather forecasts project coool & wet getting Spring crops off to a slow start. N.Dak dry and creating concerns for YC & DNS. PNW will enjoy +80 degree sunshine. USDA Weekly Export Sales for the week ending 5/18 slow as 20 mil bu wheat sold (mostly new crop), 20 mil corn, & 17 mil bu beans. US export pace 1 bil bu better than LY on all grains. Brazilian president may get impeached making headlines and their currency is dropping, Corn and beans are likely to be on the defiensive.
The world has plenty of wheat inventories and the 2017 World Wheat Production is projected at 27 bil bu 3rd largest crop ever, but down 500 mil bu from this past year mostly U.S.. Southern hemisphere crops were big with Aussie having their largest wheat crop ever at 35 mil MT (1.28 bil bu).
TCG Pasco Elevator Hours 8 am - 5pm Mon thru Fri.
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