** Contact Mark if you want our bids by text or emailed to your phone daily? Elevator Phone# 509-545-5179. Grain futures now trading 17.5 hours a day.
Apr 17- Ugly week for wheat. Futures are down 30-44c this past week. Drought busting rains hit the Southern plains which is in time to top off crops. US export sales pothetic with 6 mil bu US wheat sold last week, only 1.8 mil was oc. Since Feb5, only 9 mil bu of PNW OC SW has been sold. Corn futures were up 2c for the week and corn country has plenty of moisture . US and World have plenty of grain stox and coming crops look ok. Many foreign buyers now buying new crop wheat. Spec Funds are record short wheat futures and market should find some support? There may be a small chance for another 30-40c futures rally next 30days, make sure you sell it if materializes. Cheaper oil prices will keep grain prices down. Many price outlook pictures still pointing down this coming year. Will take major weather crop catastrophies to pull prices out of the doldrums. Max 10.5% pro SW garnering 20-25c premium vs high pro SW. White Club wheat premiums about done OC and 50c newcrop. Canadian DNS trading approx 50c/bu less than good US DNS. Sell new crop wheat on any 50c rallies. 2015 YC crop probably a sale in $175 to $180 range.
TCG Pasco Elevator Hours normal 8 am - 5 pm Mon thru Fri. TCG Burbank Elevator Hours: 8 am - 4 pm Mon thru Fri.
During Saturday, rain will again form in much of the Plains except for northern and southwestern sectors, with showers developing in the western Midwest and Delta. We'll also see more snow in the central Rockies. » More DTN Weather Commentary