Hours 

Pasco Office Hours: 7:00 AM to 4:00 PM Monday -Friday

Pasco Elevator Hours: 8:00 to 5:00 PM Monday-Friday

Burbank Elevator Harvest Hours: 8:00 to 4:00 Monday-Friday

Corn Harvest Note:  The Bonneville Dam shut down is affecting how quickly we can get our house ready for the upcoming corn harvest.  Current estimation is that the dam will re-open on September 30th.  It will take us 5-10 days to get wheat shipped and the house in order to being taking wet corn.  As of today, we are advising/hoping Oct 7-10 is when we will be able to start taking corn.  It is completely tied to the Dam opening so we will continue to update as the Corp updates us.  Please call with any questions. 

Cash Bids & Our Comments

NOTE: ALL PRICES ARE NOW DELIVERED PASCO, NOT PORTLAND 
Contact us if you want our bids sent by text or email daily  
Office #509-545-0900 & Elevator #509-545-5179

9/12/19- Main headline from the report, corn production forecast at 13.8 billion bu, carryout at 2.45 billion bu.  Decrease in exports and ethanol use, increase in supply.  So bearish report but futures are hanging in there.  Australian wheat production lowered 2 million metric tons like expected.  Domestic carryout on wheat still north of a billion bu.  No real surprises, market seems to reflect that after initially dropping hard and coming back.  The US has decided to push back increased Oct 1 Tariffs for two weeks as a sign of good faith to the Chinese government.  This is ahead of the early Oct meeting that is set up in Washington DC.  Hopefully a small positive step towards getting a deal done.  If it feels like you have heard that before, it would be because this will now be the 11th attempt at ending the dispute.  Believe it when we see it, and now we wait for early October for updates.  Boards all opening higher this AM and getting back yesterday’s losses.  Strong exports and the positive rumors with China likely the cause.  Still no details on increased YC ethanol blending in gasoline, but rumors continue to swirl that something will be announced, just doesn’t feel like it will be that big of a deal at the end of the day.  No specifics on the trade deal that has been reached with Japan either.  Logistic specific, the Bonneville Dam on the Columbia River shut down this past week due to a broken lock.  As of right now the Corp estimates that repairs will take at least two additional weeks and estimate that the river will re-open on September 30th.  Until its fixed zero barge movement on the river.  Will keep updates out as they are available.

Strong weekly exports for wheat and soybeans this week, corn on the low end of expectations.  Wheat totaled 610.9K MT exceeding expectations.  HRW, HRS and SWW were all 160-190K MT so balanced in terms of classes sold.  Soybeans were 1,172.2K MT also exceeding expectations, major buyer was again Mexico.  Corn exports were 498.1K MT, low end of expectations but in line.  Major buyers were Mexico, Japan and Columbia.

9/9/19  Percent Harvested Last week 2018 5 year avg Percent G/E Last week  2018 5 year avg
DNS  71% 55% 92% 87% N/A N/A N/A N/A
YC N/A N/A N/A N/A 55% 58% 68% 69%
Soybeans N/A N/A N/A N/A 55% 55% 68% 67%
 
MARKET UPDATES AND GRAIN INFORMATION now also available via Washington Grain Commission Podcast here
 
 
The new Market Facilitation Program payments are here.  Rates are per acre and posted by county.  Make sure to check eligibility and get signed up.  Sign up runs through December 6th.
 
Unfortunately, at current prices LDP rates are back in play, specifically for Spring wheat.  Rates change daily depending on market movement, and for the past few weeks we have been 5-20 cents away on DNS.  You can use the link below to check daily, and the formula for determining how close we are is at the bottom of the printout.  Also, a good idea to contact your local FSA agency and see what needs to be done to get signed up.  
 
       

Cash Bids Delivered TCG

Futures Quotes
Quotes retrieved on September 15, 2019, 05:24:22 PM CDT
Commentary
Wheat Nicked by Friday Profit Taking -

Wheat futures ended the Friday session with most KC and MPLS contracts steady to 4 cents lower and CBT slightly higher. Credit that to pre-weekend

Ag Market Commentary -

Corn futures closed firm to 1 3/4 cents higher in most contracts, as Dec was up 3.73% on the week. The 8-14 day outlook shows above normal temps for

Soybeans Hold Gains on Friday -

Soybeans futures saw 1 to 3 1/4 cent gains on Friday, with Nov 4.78% higher this week. Soybean meal was $2.10/ton higher, with soy oil 8 points

Cattle Close Mixed, Show Record Fund Net Short Position -

Live cattle futures settled the Friday session with most contracts 10 to 65 cents lower, as October was down 3.37% this week. Feeder cattle futures

Corn Up 3.73% This Week -

Corn futures closed firm to 1 3/4 cents higher in most contracts, as Dec was up 3.73% on the week. The 8-14 day outlook shows above normal temps for

Cotton Closes Mostly Higher -

Cotton futures closed the day with 7 to 20 point gains in the front months, thinly traded Oct down 49 points. Dec gained 6.32% this week. China did

Full commentary...
National Newswire

More news...
Washington USDA Newswire

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Local Weather
Weather radar map

Pasco, Washington (99301)

Current Conditions: Scattered Clouds
Temperature: 78°F Dew point: 49°F
Humidity: 36% Pressure: 29.68 in. Hg
Wind: 16 mph From: West

Forecast

Sunday
Weather condition
Hi: 80°
Lo: 57°
Monday
Weather condition
Hi: 70°
Lo: 53°
Tuesday
Weather condition
Hi: 72°
Lo: 57°
Wednesday
Weather condition
Hi: 69°
Lo: 54°
Thursday
Weather condition
Hi: 71°
Lo: 55°

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