** 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.
2/21/17 Wheat futures down 4-5c today and corn up 1c. Prices still within 20c of 6-8 month highs all grains. Warm weather in the Plains interesting but they getting some rains. Taiwan in tonight for 100,000 MT April May wheat. Japan's next slots will be for LHApril-FHMay shipments. In the PNW: warmer weather still forecasted just around the corner with a few chances for moisture as well.
Expecting harvest to be 3-4 weeks later than LY. Thinking DNS and Corn the most profitable grain crops to plant this Spring. 2017 World Wheat Production projected at 27 bil bu 3rd largest crop ever, but down 500 mil bu from this past year. Lots of wheat around.. US export sales for week ending 2/9 were good with 21 mil bu wheat, 42 mil bu corn, and 40 mil bu soybeans sold. New crop DNS & HRW prices are attractive and profitable. Aussie finished largest wheat harvest ever at 35 mil MT (1.28 bil bu).
Snake & Columbia River system barge traffic is now shut down til March 20th re-opening. Won't help prices any.
HRW ldp now 0c. DNS & SW still a mile away. Your County FSA office has form 633EZ to fill out to collect ldp payments.
TCG Pasco Elevator Hours 8 am - 4pm Mon thru Fri.
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Heavy snow coming to areas of Wyoming, Nebraska, South Dakota and Minnesota. That system will spread eastward and southward today and Friday. Rain in western and northern Midwest. Dry elsewhere. » More DTN Weather Commentary