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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 Elevators 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
2/18/2021: Futures markets steady and slowly trending up with Artic freeze affecting NorthAmerica, Europe, and Black Sea regions. Majority regions have snow cover, but will see some freeze damage. Feb 9 crop report disappointing as USDA made no changes reducing carryouts and production. Market anticipated 200-300 mb corn stox reduction and 100-200 mb wheat reductions. Corn futures within 10c contract highs both OC and NC, while wheat still off 15-25c from Jan 15 contract highs. China demand quiet past 2 weeks celebrating Lunar New Year, they should be back next week. Covid 19 still not in rearview mirror should keep prices firm and volatile. Grain prices are up over $1/bu past couple months. Weather markets for Northern Hemisphere just getting started. df Cash Bids Delivered TCG
Futures Quotes
Quotes are delayed, as of February 28, 2021, 12:46:35 PM CST or prior.
Commentary
Hogs Fall Triple Digits at Months End -
Lean hog futures were weaker in the afternoon, and closed near the lows on the day. The triple digit losses for April through June limited the front Cotton Heads for March on Weakness -The last Friday of February left front month cotton futures 42 to 86 points weaker. Closing the month at 87.82 for March and 88.83 for May, that was Soy Extended Losses on Friday -Soybean futures firmed up after double digit losses at midday, closing the Friday session down 3 1/4 to 9 cents. May soybean futures ended the week Wheat Stayed Weak for Close -Despite afternoon rallies for corn and beans, wheat futures closed near the lows. For SRW the 13 1/4 to 16 3/4 cent losses left the board at $6.55 Corn Fades at Month End -Afternoon position squaring pulled the corn complex off the lows at the close for month end. Front month futures were still mostly weaker on the day Feb Cattle Collapse at Expiration -Cash convergence caused a $3.90 drop to $113.10 for Feb finished cattle futures to expire. CME reported another 10 deliveries scheduled for February Full commentary... |
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Washington USDA Newswire
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NOAA Weather
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