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

Pasco Elevator Corn Harvest Hours: 7:00 to 7:00 PM Monday-Saturday

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

Contact us if you want our bids sent by text or email daily  
Office #509-545-0900 & Elevator #509-545-5179

11/15/19- Boards flirting slightly weaker to unchanged this morning.  Yesterday’s weakness likely attributed to negative stories published about China trade war.  Trump has said that China has agreed to buy $50 billion of ag products annually, and China does not want to put a hard number commitment down on paper.  Their reasoning; if trade war talks escalate again, they want the ability to back out of purchases, also want to make sure the deal appears favorable for both countries.  Other sticking point of the 15% tariff increase in December remains too.  The US refuses to walk the increase back, and China thinks it should be done as a sign of good faith.  With that being said, the White House also said yesterday that phase one is close to complete and should be done Mid-December.  Both sides continue to posture, and a deal being done seems tentative at best.  Another GASC tender went down this week, Russia/Ukraine selling.  Values roughly the same as the previous, meaning neutral/bearish our markets.  Weekly export sales were ok for wheat at 238.6K MT, slightly above the low range of expectations, but nothing to get excited about.  Corn exports also ok and in line with expectations at 581.6K MT, but below what we need to average weekly to hit the USDA’s yearly number by about 250K MT.  Soybeans were good at 1,253K MT high end of the range, China major buyer. 

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.       

Cash Bids Delivered TCG

Futures Quotes
Quotes retrieved on November 18, 2019, 02:52:28 AM CST
Corn Futures go into the Weekend on a Down Note -

Corn futures lost 4 cent to 4 1/2 cents on Friday. The Commitment of Traders Report from this afternoon showed that as of Tuesday, managed money was

Bean Futures Make some Upward Movement on Friday -

Nearby bean futures finished on Friday with gains of 1 to 1 1/2 cents. Soybean meal closed Friday with $4.00/ton gain. Soybean oil lost 35 points on

Cattle Enter Weekend Mixed -

Live cattle futures closed fairly firm on Friday, with 2 to 5 cent gains, and losses of 2 cents in front months. Feeder cattle futures were down by

More Drops for Friday Wheat -

Friday wheat futures finished Friday with losses, MPLS falling as much as 9 cents on the day. CFTC reported that managed money reversed their

Ag Market Commentary -

Corn futures lost 4 cent to 4 1/2 cents on Friday. The Commitment of Traders Report from this afternoon showed that as of Tuesday, managed money was

Hog Futures Mixed on Friday -

Lean hog futures are down by as much as $1.37, with Dec futures posting a daily gain of 45 cents. Managed money open interest for lean hogs fell

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Washington USDA Newswire

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Pasco, Washington (99301)

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