** 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.
Oct24- Small spark in grains this week. Wheat futures were up 15c- 25c this week at the highs today & corn up 20c for the week. Russian dry weather & now turning cold for the wheat crop is on the world crop radar. Egypt bot 10 mil bu Black Sea/French wheat Monday night at $20/MT cheaper than any US wheat. US Xport sales for week ending 10/16 disappointing for corn 40 mil bu, 80 mil beans, and bad for wheat at 11 mil bu sold. Corn harvest progress still behind at 31% complete vs 5 yr ave of 55% has kept corn firm. US Northern Plains and Canadian Spring wheat harvest done with lower protein and lower DHV has importers rethinking specs. Rail equipment costs to get cars now at 50-60c/bu premium vs $1.50/bu premium 3 weeks ago causing corn basis to drop 10-15c/bu this week.
Futures markets open 5pm to 5:45am, 45 min break and start again 6:30am til 11:15am PST. Elevator Hours normal again 8 am - 7 pm Mon thru Fri. 8am to 5pm on Saturdayfor corn harvest. Office Hours: 7am - 4:30pm Mon thru Fri.