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Hours:Pasco Office Hours: 7:00 AM to 4:00 PM Monday -Friday Pasco Elevator Hours: 7:00 AM to 7:00 PM Monday-Saturday Burbank Elevators Hours: 8:00 AM to 4:30 PM Monday-FridayNOTE: 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.
Call Tri-State Seed for all of your seed needs.
Contact Mason or John at 509-234-2500
Commentary
12/2/22: Wheat markets taking it on the chin this morning led by KC. A large grain company is delivering against Dec futures expiration causing the drop. Overall futures have been locked in a bearish trend for the past couple weeks, losing over a $1 through all 3. No new fresh headlines out of the War and the government stepping in and stopping the potential rail strike all playing the part. Russia also has a glut of wheat that continues to trade limiting any “extra” export business to the US. Red wheats still have the most upside though in our opinion as we are far from resolution in the war. Domestic stocks are tighter than they have been in a long time and the HRW conditions for next years crop are already starting at a historical low point. With this drop HRW also starts to get fed again finding new demand. Believe patience is key with red wheat marketing and we will see better opportunities in the new year for both old and new crop. SWW will continue to struggle with a surplus of stocks in the US and demand limited.
**Call for New crop corn bids Cash Bids Delivered TCG
CALL FOR NEW CROP 2022 CORN BIDS. Futures Quotes
Quotes are delayed, as of December 04, 2022, 10:34:46 PM CST or prior.
Commentary
Friday Fade from Cotton Trade -
The last trade day of the week saw futures pull back and go into the weekend on 138 to 165 point losses. For March that only limited the weekly gain Dec Hogs Left Behind on Friday -December hogs closed 70 cents in the red on Friday, for a weekly drop of $1.35 as contract expiration draws nearer. The other front months rallied Friday Gains Leave Cattle Stronger for the Week -Live cattle futures ended the last trade day of the week 30 to 47 cents higher. That kept futures higher from Friday to Friday, with Dec settling up Wheat Futures Fall into Weekend -Friday wheat prices settled with double digit losses across the domestic classes. CBT SRW ended the day 2.4% to 2.8% lower for a weekly decline of Soybeans Bounce Back on Friday -The weekly bean market saw strength early before Thursday took it all back. On the last trade day of the week beans gained 8 1/4 to 10 1/2 cents, Corn Weakens into Weekend -Front month corn futures extended the week’s slide into the weekend with Friday losses of 9 33/4to 15 cents. For March that ended the week as a Full commentary... |
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