Welcome



Mission Statement
"To grow profitablility, retire shareholder equity, and provide sound employment opportunities while striving to keep the local communities strong."



GOOD AFTERNOON APRIL 17, 2014
 

There WIll Not Be Any Markets On Friday April 18th
In Observance Of Good Friday!



Lunar Eclipse
April 15, 2014










 

 
 

 
 



 



Co-Ag Farm

Recently there have been many questions about wether or not an HTA contract is feasible right now....so let's find out.
Starting today, I sold 1 (5000bu) September 2014 Chicago (ZWU14) futures contract at 6.14, cash today was at 6.85.  That gives me a starting basis point of +71.  Today's nearby basis is +1.18.  If the Septemeber basis runs to anything close to that number it will be great, and will add to what would have been a 6.85 cash sale.   However, if the basis goes the other way it will be taking away from what would have been a 6.85 cash sale, and if it goes negative it will really hurt!

I'll also do the same with a December 2014 Chicago contract (ZWZ14) sold at 6.29, cash at 6.95 with a +66 starting basis to see is the later months fare any better or turn out worse. 

I'm taking a beating on my basis levels so far with both HTA contracts!!  Currently SEP14 basis is at +38 and DEC14 basis is at +36 setting me back 33 and 30 respectively.  If I locked them today my SEP Portland price would be 6.52 and my DEC Portland price would be 6.65. 

 I'll update weekly to track how this HTA contract is working out.

Take a look at the Co-Ag Farms J.V. Link to find out more.
 


Local Cash Bids
 
SOFT WHITE WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  679'4 @W4K Chart
 May  687'2 @W4N Chart
 June  687'2 @W4N Chart
 July  696'0 @W4U Chart
 August  696'0 @W4U Chart
 September  696'0 @W4U Chart
 December  709'0 @W4Z Chart
 January  721'2 @W5H Chart

HARD RED WINTER WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  754'4 @KW4N Chart
 May  754'4 @KW4N Chart
 August  764'4 @KW4U Chart
 December  784'0 @KW5H Chart

DARK NORTHERN SPRING WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  729'6 @MW4N Chart
 May  729'6 @MW4N Chart
 August  735'4 @MW4U Chart
 December  765'2 @MW5H Chart

BARLEY
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  NONE Chart
 May  NONE Chart
 August  NONE Chart
 December  NONE Chart
 January  NONE Chart

PARDINA
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  NONE Chart

BREWER/MERRITT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  NONE Chart

GREEN PEAS
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  NONE Chart

YELLOW PEAS
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  NONE Chart

CANOLA
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  NONE Chart
 May  NONE Chart
 June  NONE Chart
 AUGUST  NONE Chart

Price as of 04/20/14 10:19PM CDT.
Month Symbols
Click to view more Cash Bids

FSC & Discounts

Fuel Surcharges       
Wheat               Barley

 

$.084 per bu   $3.15 per ton

 


Protein Discount Scales
14.0% DNS (+10 -15c/.25% from 14% to 15.5%)
11.5% HRW (+2c, -4c/.5% from 11.5% to 13%)

Wheat & Barley prices are quoted FOB Portland. Elevator differentials and storage charges apply.

Pea, Lentil, and Oilseed prices are grower prices.  Receiving and storage charges apply.

*minus storage & $4.50 handle for net grower price(oats only).  Extra freight @ Chewelah $8/tn, K Falls $10/tn


Canola price is FOB Co-Ag elevator.

 


My Market Watch
Click Here to Customize
Commodities
C4K 494'0 -2'6
S4K 1516'0 -4'6
W4K 690'0 3'2
O4K 459'4 -1'0
Stocks
MSFT 40.0100 -0.3900
WMT 77.6600 0.4400
XOM 100.420000 0.480000
TWX 65.1500 0.6600



DTN Weather
Local Weather
Radar
County Forecast
State Forecast
DTN Weather Commentary
US Satellite
Current Surface Analysis
Wind Conditions
Today's Forecast Highs
Tonight's Forecast Lows
24 Hr Surface Forecast
Jet Stream Forecast
24 Hr Rainfall Estimate
24 Hr StormPath Accum
48 Hr StormPath Accum
6-10 Day Temp Forecast
6-10 Day Precip Forecast
Thunderstorm Outlook
US Drought Monitor
US Palmer Drought Index
US Crop Moisture Index
US Growing Degree Days
Soil Temperatures
Hurricane Tracking


Our Market Comments
Wheat futures closed up 2.  Wheat bulls continue to ask how much damage has been done to the US HRW wheat crop by the recent round of sub-freezing temps. The good folks over at Kansas State University are saying that at "boot stage," severe damage can occur when it's sub-30 degrees Fahrenheit for more than two hours. In the "jointing stage," you get moderate-to-severe damage when temp's drop to sub-24 degrees for more than two hours.

Pea & Lentil bids -  03/31/14 - Markets are steady to improving.  We have sold a good volume of regular lentils at current levels.  Good demand has pushed Pardina lentils and Green Peas higher.  Yellow Split Peas purchased by the USDA on the last tender averaged over $2.00/cwt higher than previous tenders.  The higher levels were at or slightly above current bid levels.  USDA continues to request offers of Yellow Splits, so higher offers may be possible.  Early expectations are that green pea acres will be up this spring, while yellow peas and regular lentil acres will be down.  Pardina lentils will likely be unchanged.

Futures
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 14 690'4 691'0 676'2 679'4 -11'6 691'2 10:08P Chart for @W4K Options for @W4K
Jul 14 698'0 698'0 683'6 687'2 -11'6 699'0 10:08P Chart for @W4N Options for @W4N
Sep 14 707'0 707'0 694'0 696'0 -12'2 708'2 10:08P Chart for @W4U Options for @W4U
Dec 14 720'0 720'0 707'0 709'0 -12'0 721'0 10:08P Chart for @W4Z Options for @W4Z
Mar 15 722'6 722'6 721'0 721'2 -12'2 733'4 10:08P Chart for @W5H Options for @W5H
May 15 742'0 742'0 737'2 737'2 3'6 738'2s 10:08P Chart for @W5K Options for @W5K
Jul 15 707'6 709'4 707'6 707'6 -11'6 719'4 10:08P Chart for @W5N Options for @W5N
Sep 15 710'0 710'0 710'0 710'0 -12'6 722'6 10:08P Chart for @W5U Options for @W5U
Dec 15 735'6 736'2 735'4 736'0 1'0 731'0s 10:08P Chart for @W5Z Options for @W5Z
Mar 16 737'2 737'2 736'6 736'6 0'6 733'6s 10:08P Chart for @W6H Options for @W6H
May 16 739'0 739'0 739'0 739'0 0'4 732'0s 07:00P Chart for @W6K Options for @W6K
Jul 16 700'0 -0'2 694'4s 10:08P Chart for @W6N Options for @W6N
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 14 759'0 759'0 745'4 748'2 -9'6 758'0 10:08P Chart for @KW4K Options for @KW4K
Jul 14 765'0 765'0 751'6 754'4 -10'4 765'0 10:08P Chart for @KW4N Options for @KW4N
Sep 14 768'0 768'0 761'0 764'4 -7'0 771'4 10:08P Chart for @KW4U Options for @KW4U
Dec 14 777'0 777'0 770'0 771'0 -10'0 781'0 10:08P Chart for @KW4Z Options for @KW4Z
Mar 15 784'0 784'0 Chart for @KW5H Options for @KW5H
May 15 782'0 789'4 778'0 778'0 0'2 775'4s 10:08P Chart for @KW5K Options for @KW5K
Jul 15 766'2 770'2 753'2 753'2 -4'0 754'0s 10:08P Chart for @KW5N Options for @KW5N
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
May 14 725'0 725'0 722'4 722'4 -10'2 732'6 10:08P Chart for @MW4K Options for @MW4K
Jul 14 739'0 739'0 728'0 729'6 -10'0 739'6 10:08P Chart for @MW4N Options for @MW4N
Sep 14 740'2 740'2 735'4 735'4 -10'4 746'0 10:08P Chart for @MW4U Options for @MW4U
Dec 14 748'2 748'2 745'0 747'4 -9'2 756'6 10:08P Chart for @MW4Z Options for @MW4Z
Mar 15 765'2 765'2 Chart for @MW5H Options for @MW5H
May 15 774'0 776'2 769'0 769'0 3'0 769'0s 10:08P Chart for @MW5K Options for @MW5K
Jul 15 775'0 2'4 774'4s 09:34P Chart for @MW5N Options for @MW5N
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 14 494'0 494'0 492'0 492'4 -2'2 494'6 10:09P Chart for @C4K Options for @C4K
Jul 14 499'0 499'2 497'4 498'2 -2'2 500'4 10:08P Chart for @C4N Options for @C4N
Sep 14 496'4 497'0 494'6 495'4 -2'6 498'2 10:08P Chart for @C4U Options for @C4U
Dec 14 495'4 496'2 493'0 494'0 -2'6 496'6 10:09P Chart for @C4Z Options for @C4Z
Mar 15 502'6 503'4 501'0 501'4 -3'0 504'4 10:09P Chart for @C5H Options for @C5H
May 15 509'0 509'0 507'0 507'2 -3'0 510'2 10:08P Chart for @C5K Options for @C5K
Jul 15 512'6 512'6 511'2 511'6 -2'4 514'2 10:08P Chart for @C5N Options for @C5N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 14 1515'0 1525'0 1514'2 1521'0 7'0 1514'0 10:06P Chart for @S4K Options for @S4K
Jul 14 1503'6 1512'2 1503'4 1506'4 4'2 1502'2 10:07P Chart for @S4N Options for @S4N
Aug 14 1420'4 1426'6 1420'4 1426'0 5'4 1420'4 10:06P Chart for @S4Q Options for @S4Q
Sep 14 1297'0 1304'0 1297'0 1302'0 3'6 1298'2 10:07P Chart for @S4U Options for @S4U
Nov 14 1238'0 1243'4 1237'6 1241'0 1'6 1239'2 10:09P Chart for @S4X Options for @S4X
Jan 15 1242'2 1247'2 1242'2 1246'2 2'0 1244'2 10:07P Chart for @S5F Options for @S5F
Mar 15 1247'0 1250'2 1247'0 1247'0 -1'0 1248'0 10:07P Chart for @S5H Options for @S5H
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Apr 14 145.750 145.750 143.800 144.250 - 1.550 144.200s 02:00P Chart for @LE4J Options for @LE4J
Jun 14 135.625 135.750 134.100 134.600 - 1.250 134.375s 09:13P Chart for @LE4M Options for @LE4M
Aug 14 133.475 133.650 132.300 132.875 - 0.725 132.825s 09:11P Chart for @LE4Q Options for @LE4Q
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Jun 14 79.940 80.000 79.900 79.975 0.072 79.903 10:05P Chart for @DX4M Options for @DX4M
Sep 14 80.095 80.130 80.095 80.130 0.084 80.046 10:08P Chart for @DX4U Options for @DX4U
Dec 14 80.300 80.300 80.300 80.300 0.114 80.186 10:08P Chart for @DX4Z Options for @DX4Z
My Custom Markets
Symbol Open High Low Last Change Close Time More

DTN Ag Headline News
Subtle Changes Following West Explosion
USDA Now Requires PED Reporting
Arctic Warming Tied to Extreme Weather
Stress Test for Borrowers
Chemical Board Plans Meeting in West
West, Texas, Rebuilds
West Blast Victims Remembered
Agricultural Adventure
Kub's Den

Headline News
Lawmakers: Stricter Russia Sanctions 04/20 14:03
Ukraine, Russia Trade Shootout Blame 04/20 13:55
Pope Celebrates Easter With Big Crowd 04/20 14:08
Abdullah's Lead Grows in Afghan Vote 04/20 14:00
Transcript: Ferry Evacuation Confusion 04/20 14:05
Airstrike Targets Al-Qaida Camps 04/20 13:56
GOP Making Play for Oregon Senate Seat 04/20 14:06
Asia Stocks Up in Abbreviated Trading 04/18 07:13

Local Forecast
Rosalia, WA
Chg Zip:

Monday

Tuesday

Wednesday

Thursday

Friday
High: 64°F
Low: 38°F
Precip: 32%
High: 50°F
Low: 43°F
Precip: 80%
High: 55°F
Low: 35°F
Precip: 31%
High: 55°F
Low: 37°F
Precip: 60%
High: 55°F
Low: 39°F
Precip: 77%
View complete Local Weather

Local Radar
Rosalia, WA
Chg Zip Code: 
 
Radar
View complete Local Weather

DTN Text Messages
Log in
Username:
Password:
Click Here to request a username/password.

 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN