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HoursPasco Office Hours: 7:00 AM to 4:00 PM Monday -Friday Pasco Elevator Hours: 8:00 AM to 5:00 PM Monday-FridayBurbank Elevator Hours: 8:00 AM to 4:00 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.
Commentary
12/2/20: Wheat futures back up 8-14c and YC up 3c. Wheat futures are down 25-35c the past 30 days and YC down 15c. New crop '21 YC trading around $170/ST. Markets taking a breather as South America, Black Sea region and US HRW country getting moisture. YC & Bean harvest mostly done in US and Northern Hem. US grain exports pace at 4-5 year high. Rail car prems have dropped 30c/bu past 60 days dropping wheat and feed grains basis some. China demand has been a big price driver for the past 6-7 mos, raising all grain prices by a buck/bu. New crop '21 prices are on the verge of being profitable!
Cash Bids Delivered TCG
Futures Quotes
Quotes retrieved on December 04, 2020, 05:06:56 AM CST
Commentary
Corn Closes with Thursday Gains -
Corn closed the Thursday session with 2 1/4 to 3 1/2 cent gains, adding to Wednesday’s corrective move. USDA reported 1.371 MMT of corn sold on Hogs Close Thursday Lower -Lean hog futures closed with 10 to 95 cent losses on Thursday, with Feb the weakest. The CME Lean Hog Index was back up 4 cents to $66.71 on 12/1. Cattle End Triple Digits Lower -At the end of Thursday’s trade live cattle futures were off their lows, but still down by triple digits in Dec and Feb. The other front months Soy Market Ends Thursday in Black -Soybean futures closed with double digit gains. The 15 1/2 cent gain for March and 16 1/4 cent gain in May erased the past two days’ move. Cotton Market Weakens on Thursday -At the closing bell cotton futures were down 45 to 57 points. USDA’s weekly Export Sales report showed 277,863 RBs of cotton booked on the week Wheat Market Weakens on Thursday -Front month wheat futures turned back south on Thursday for inside day givebacks. SRW wheat closed 0.3% to 0.7% lower. KC HRW wheat futures ended Full commentary... |
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National Newswire
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Washington USDA Newswire
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NOAA Weather
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