Hours 

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

Pasco Elevator Hours: 8:00 AM to 5:00 PM 

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

NOTE: 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

1/15/2020: Phase one was signed this morning, details remain scarce but $40 billion per year in US Ag products for the next two years.  No immediate purchases of wheat or corn announced at this time.  All wheat boards remain firm with the deal being signed, and managed money long both KC and Chicago.  World wheat values continue to appreciate as we move along in Q3 of the marketing year, but the US remains uncompetitive currently and incremental demand is not forthcoming.  USDA report was slightly friendly wheat with ending stocks being lowered both domestically and globally.  HRW acres planted came in at 21.8 million, a slight decrease to last year’s 22.5 million acres.  In addition, SRW acres were increased slightly year over year at 5.64 million.  Wheat numbers are supportive, but not balance table changing by any means.  Still plenty of wheat with another crop around the corner, we need some incremental demand to come the US’s way to continue to push things higher.  Report for corn was uneventful.  Harvested acres were decreased slightly, but yield was increased by 1 bpa.  Result was no change to 2019 corn production.  A decrease in exports occurred, as expected and ending stocks came in a touch under 1.9 billion bu.  Market needs fresh demand or fear that boards will grind lower.  Early estimations are up to 95 million acres planted this coming spring, and we have proven its pretty difficult to kill a corn crop.

MARKET UPDATES AND GRAIN INFORMATION now also available via Washington Grain Commission Podcast here 


Cash Bids Delivered TCG

Futures Quotes
Quotes retrieved on January 20, 2020, 08:52:10 AM CST
Commentary
Hog Market Mixed to Mostly Higher -

Lean hog May contracts were 2 cents lower at the end of Friday’s session, whereas Feb and Apr futures made gains. The 80 cent gain in the Feb

Beans Bounce A Bit -

The 5 3/4 cent gain in the March futures was not enough to erase the 16 1/4 cent loss on the week, however front month soybean futures did finish 5

Triple Digit Takeback for Cotton -

Cotton futures rallied 49 to 103 points in the front month futures. March futures ended the week with a 1 point loss. In the weekly Commitment of

Cattle Close Mostly Higher -

Live cattle futures came back from midday lows and ended the week on a high note with Friday gains of 22 to 82 cents in the nearbys. Feb futures

Corn Recovers Thursday Losses Before Weekend -

Corn futures came all the way back from the Thursday sell off, and even gained some ground with futures closing 13 3/4 to 9 3/4 cents higher. March

Wheat Higher on Friday -

Wheat closes the week with Friday gains, and MPLS spring wheat led the way. MGE HRS futures were 8 1/2 to 9 3/4 cents higher at the close, which was

Full commentary...
National Newswire

More news...
Washington USDA Newswire

More news...
Local Weather
Weather radar map

Pasco, Washington (99301)

Current Conditions: Clear
Temperature: 31°F Dew point: 28°F
Humidity: 89% Pressure: 30.14 in. Hg
Wind: 4 mph From: East

Forecast

Monday
Weather condition
Hi: 36°
Lo: 30°
Tuesday
Weather condition
Hi: 40°
Lo: 34°
Wednesday
Weather condition
Hi: 46°
Lo: 38°
Thursday
Weather condition
Hi: 47°
Lo: 41°
Friday
Weather condition
Hi: 50°
Lo: 41°

Zip Code:

© 2020 Freese-Notis Weather



The CME Group Intercontinental Exchange