Welcome



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



GOOD MORNING OCTOBER 24, 2014



Co-Ag took the ALS Ice Bucket Challenge.
Click here to watch it



Harvest 2014
2014 Harvest Commodity Delivery Locations

2014 Elevator Differentials
Canola Information

 Planning on delivering to MGT or MGT

Central Ferry???

Be sure to have a Bill of Lading for

every load!

We will provide them for you, call Derek at
(509)523-3511

 

 
 

 
 



 



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. 

*UPDATE*
Today I locked the basis on the DEC HTA contract at 1.53 positive basis, giving me a cash price of 7.82 far surpassing what I could have sold the cash for when I started the hedge.  So in this case, yes the HTA contract worked again, even while starting at a positive basis.  Would I do another today?  No.  Today's basis levels are much to high in my opinion with much more downside risk than upside potential. 


 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
 October  517'6s @W4Z Chart
 November  517'6s @W4Z Chart
 December  517'6s @W4Z Chart
 January  531'0s @W5H Chart

HARD RED WINTER WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 October  593'6s @KW4Z Chart
 November  593'6s @KW4Z Chart
 December  593'6s @KW4Z Chart
 January  596'2s @KW5H Chart

DARK NORTHERN SPRING WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 October  567'0s @MW4Z Chart
 November  567'0s @MW4Z Chart
 December  567'0s @MW4Z Chart
 January  578'0s @MW5H Chart

BARLEY
  ROSALIA
Futures Price Futures Month Basis Cash Price
 October  NONE Chart
 November  NONE Chart
 December  NONE Chart
 January  NONE Chart

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

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

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

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

CANOLA
  ROSALIA
Futures Price Futures Month Basis Cash Price
 October  NONE Chart
 November  NONE Chart

Price as of 10/24/14 06:47PM CDT.
Month Symbols
Click to view more Cash Bids

FSC & Discounts

Fuel Surcharges       
Wheat               Barley

 

$.040 per bu   $1.45 per ton

 


Protein Discount Scales
14.0% DNS (+20, -40c/.25% from 14% to 15.5%)
11.5% HRW (+0c, -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
C4Z 352'4 -6'6
S4X 979'4 -15'6
W4Z 517'4 -9'0
O4Z 338'0 -8'6
Stocks
MSFT 46.1300 1.1100
WMT 76.3800 0.1300
XOM 94.490000 0.380000
TWX 78.7700 0.5800



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 are currently even.  Wheat, in a similar manner to soybeans, is starting to get a bit more "geopolitically sticky."  The sanctions placed on Russia seems to be making the "macro" players a little more nervous, especially now that there are reports of possible major production hiccups inside their domestic borders.

Pea & Lentil bids -  05/06/14 - Green/Yellow Peas and Pardina's are slightly up.  Regular Lentils are limited.  PL480 tenders - pricing continues on the low end.

 

Futures
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 14 525'4 539'2 517'2 518'2 -9'0 517'6s 03:29P Chart for @W4Z Options for @W4Z
Mar 15 539'2 552'4 530'4 532'0 -9'2 531'0s 03:25P Chart for @W5H Options for @W5H
May 15 548'0 560'4 538'0 539'2 -9'2 538'6s 01:30P Chart for @W5K Options for @W5K
Jul 15 554'0 567'0 545'6 547'0 -9'0 546'2s 03:40P Chart for @W5N Options for @W5N
Sep 15 565'0 575'6 556'6 557'0 -9'0 555'6s 01:30P Chart for @W5U Options for @W5U
Dec 15 579'0 588'0 568'4 568'4 -8'6 568'4s 01:30P Chart for @W5Z Options for @W5Z
Mar 16 583'4 583'4 583'4 583'4 -8'0 578'2s 01:30P Chart for @W6H Options for @W6H
May 16 590'0 -4'4 585'2s 01:30P Chart for @W6K Options for @W6K
Jul 16 583'6 588'0 583'6 583'6 -2'2 584'4s 01:30P Chart for @W6N Options for @W6N
Sep 16 591'4 -2'2 591'4s 01:30P Chart for @W6U Options for @W6U
Dec 16 595'0 -2'0 599'2s 01:30P Chart for @W6Z Options for @W6Z
Mar 17 600'4 -2'0 600'4s 02:31P Chart for @W7H Options for @W7H
May 17 598'0 -2'0 598'0s 01:30P Chart for @W7K Options for @W7K
Jul 17 580'4 -2'0 580'4s 01:30P Chart for @W7N Options for @W7N
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Dec 14 603'6 615'6 593'2 594'2 -11'4 593'6s 02:31P Chart for @KW4Z Options for @KW4Z
Mar 15 607'2 617'6 595'6 596'6 -11'4 596'2s 03:49P Chart for @KW5H Options for @KW5H
May 15 607'0 617'2 596'4 596'4 -11'0 596'2s 03:15P Chart for @KW5K Options for @KW5K
Jul 15 600'0 610'0 589'6 589'6 -9'4 590'4s 01:30P Chart for @KW5N Options for @KW5N
Sep 15 616'0 616'0 604'0 604'2 -9'4 602'0s 01:30P Chart for @KW5U Options for @KW5U
Dec 15 637'2 638'4 619'4 619'6 -9'4 619'6s 03:31P Chart for @KW5Z Options for @KW5Z
Mar 16 645'0 649'2 630'6 630'6 -8'2 628'6s 01:30P Chart for @KW6H Options for @KW6H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Dec 14 571'0 582'0 565'6 566'2 -4'0 567'0s 03:33P Chart for @MW4Z Options for @MW4Z
Mar 15 579'4 591'2 576'6 577'0 -2'2 578'0s 03:14P Chart for @MW5H Options for @MW5H
May 15 589'0 599'0 585'0 585'4 -2'0 585'6s 03:32P Chart for @MW5K Options for @MW5K
Jul 15 604'0 606'0 593'0 593'0 -1'2 594'2s 03:15P Chart for @MW5N Options for @MW5N
Sep 15 609'0 609'0 601'4 601'6 -1'2 602'2s 03:15P Chart for @MW5U Options for @MW5U
Dec 15 619'0 627'2 616'0 618'0 -1'4 616'6s 03:15P Chart for @MW5Z Options for @MW5Z
Mar 16 624'0 624'0 624'0 624'0 -1'6 626'4s 01:31P Chart for @MW6H Options for @MW6H
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 14 359'2 365'0 352'2 352'4 -6'6 353'0s 03:44P Chart for @C4Z Options for @C4Z
Mar 15 372'6 378'4 365'6 366'0 -6'6 366'6s 03:19P Chart for @C5H Options for @C5H
May 15 380'6 387'0 374'4 374'4 -6'6 375'2s 01:30P Chart for @C5K Options for @C5K
Jul 15 388'4 394'2 381'6 382'4 -6'6 382'6s 01:30P Chart for @C5N Options for @C5N
Sep 15 395'6 401'4 389'4 390'0 -6'2 390'2s 02:30P Chart for @C5U Options for @C5U
Dec 15 404'4 410'0 398'6 399'2 -5'6 399'4s 02:46P Chart for @C5Z Options for @C5Z
Mar 16 413'2 418'0 407'2 408'2 -5'2 408'4s 03:51P Chart for @C6H Options for @C6H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 14 991'4 1002'0 976'4 978'2 -15'6 977'4s 03:56P Chart for @S4X Options for @S4X
Jan 15 998'0 1008'6 982'4 983'4 -16'6 983'2s 03:07P Chart for @S5F Options for @S5F
Mar 15 1004'2 1015'4 989'2 990'4 -16'4 990'0s 02:48P Chart for @S5H Options for @S5H
May 15 1010'2 1022'4 996'0 996'6 -15'6 996'6s 03:25P Chart for @S5K Options for @S5K
Jul 15 1014'4 1028'0 1001'4 1003'0 -15'2 1002'2s 02:30P Chart for @S5N Options for @S5N
Aug 15 1022'2 1026'6 1003'2 1011'2 -15'0 1002'6s 01:30P Chart for @S5Q Options for @S5Q
Sep 15 1002'0 1008'6 987'2 987'2 -13'2 987'4s 01:30P Chart for @S5U Options for @S5U
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 169.975 170.100 167.575 168.775 - 0.800 168.250s 04:08P Chart for @LE4V Options for @LE4V
Dec 14 169.725 169.975 166.500 167.525 - 2.200 166.900s 04:08P Chart for @LE4Z Options for @LE4Z
Feb 15 169.075 169.400 166.050 167.050 - 2.300 166.550s 04:00P Chart for @LE5G Options for @LE5G
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Dec 14 85.925 86.015 85.615 85.800 -0.128 85.818s 04:00P Chart for @DX4Z Options for @DX4Z
Mar 15 86.060 86.140 85.800 85.970 -0.128 85.996s 04:00P Chart for @DX5H Options for @DX5H
Jun 15 86.305 86.305 85.945 86.120 -0.128 86.176s 04:00P Chart for @DX5M Options for @DX5M
My Custom Markets
Symbol Open High Low Last Change Close Time More

DTN Ag Headline News
To Catch a (Silent) Thief
Cash Will Be King
DDGS Eyed as Fish Food
COOL Debate Marches On
One Step at a Time
Tools Apply Inputs With Precision
Shatter-Prone Soybeans
Court Tosses E15 Labeling Lawsuit
Ranch Hands

Headline News
1st NYC Ebola Case; 3 More Quarantined 10/24 10:38
Canadians Seek to Understand Shooting 10/24 10:31
Syrian Gov Shells Rebel Areas 10/24 06:42
Putin: US Destabilizes World 10/24 08:23
WHO: Ebola Vaccines Ready in 2015 10/24 09:56
Ukraine Elections May Mean No Change 10/24 07:13
Insurgents Kill 5 in Afghanistan 10/24 07:07
Stocks Closing Out Best Week in 2 Years10/24 15:43

Local Forecast
Rosalia, WA
Chg Zip:

Friday

Saturday

Sunday

Monday

Tuesday
High: 53°F
Low: 42°F
Precip: 42%
High: 64°F
Low: 43°F
Precip: 56%
High: 51°F
Low: 41°F
Precip: 80%
High: 51°F
Low: 33°F
Precip: 0%
High: 50°F
Low: 36°F
Precip: 60%
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