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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
1/19/2021: Wheat futures continued to run up early this morning up 6-10 cents. Main drivers Russia limiting exports, and Argentina threatening to. Have since faded all the way back and currently floating around unchanged. Wheat was on a standalone mission when it was up, corn and beans both down on improved rainfall in South America. Jan crop report friendly reducing production and carry outs 1-2% US and World. This run up close to over done, but will stay highly volatile even with weather not on the 1st page right now. Since Dec 1- OC wheat and corn futures up 90c to $1.10/bu and new crop (NC) slower rise up 50c for YC futures and up 80-90c for wheat futures. SW up 50c/bu same time frame. Prices profitable and worth selling into these rallies. Will be 3-4 months before we get clearer picture on Northern Hemisphere production prospects. Expect volatility to continue.
Cash Bids Delivered TCG
Futures Quotes
Quotes are delayed, as of January 21, 2021, 08:31:48 AM CST or prior.
Commentary
Cotton Futures Sharply Higher on Dollar Weakness -
Cotton prices are up 120 to 141 points in strong risk on trade activity. Many contracts are posting new life of contract highs. The dollar index is Wheat Futures Up 5 to 8 Cents Early -Wheat markets are 5 to 8 cents higher, led by KC HRW. Front month wheat futures ended the Wednesday session with losses. SRW futures closed 0.67% to Soybeans Flashing Double Digit Gains -Early in the Thursday session, soy futures are 7 to 15 cents higher. Soybean ended Wednesday with 16 to 19 1/2 cent losses. There was some Hogs Put Up Triple Digit Gains to Reverse Tuesday Losses -Lean hog futures showed $1.20 to $1.95 gains yesterday to fade or totally erase Tuesday losses. Pork cutout futures ended the session $1.02 to $1.20 Corn Up 4 to 8 Cents Per Bushel on Old Crop Interest -Overnight action in the corn futures market has the board 4 to 8 cents higher to start Thursday price discovery. Yesterday futures ended 4 to 6 Cattle Futures Mixed As Choice Beef Holds Strong Premium -At the close on Wednesday, Feb cattle futures were 2 cents higher to $113.50. The other finished cattle futures closed the Wednesday session down 37 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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