** 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.
Oct23- Grains still holding near resistance and have come off the recent bottoms by 50c on wheat and 35c/bu on corn. 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 premiums to get cars now 50-60c/bu vs over $1/bu 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.