Welcome



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



GOOD AFTERNOON OCTOBER 21, 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  517'6 @W4Z Chart
 November  517'6 @W4Z Chart
 December  517'6 @W4Z Chart
 January  531'4 @W5H Chart

HARD RED WINTER WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 October  601'2 @KW4Z Chart
 November  601'2 @KW4Z Chart
 December  601'2 @KW4Z Chart
 January  604'6 @KW5H Chart

DARK NORTHERN SPRING WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 October  569'0 @MW4Z Chart
 November  569'0 @MW4Z Chart
 December  569'0 @MW4Z Chart
 January  578'4 @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 10/22/14 02:54AM 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 356'0 7'6
S4X 964'0 20'0
W4Z 520'0 5'6
O4Z 338'0 0'4
Stocks
MSFT 44.8800 0.8000
WMT 76.0200 0.8800
XOM 93.650000 1.880000
TWX 77.2200 -0.4700



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 6.   Wheat continues to trade in a very tight range, with the DEC14 CBOT contract between $5.00 and $5.20. Many technical traders believe this consolidation might be setting the stage for a potential breakout to one side or the other.  Obviously a lot will hinge on the direction of corn and perhaps more importantly the "wild-cards" currently associated with the outside macro markets. From my perspective, it will take a Black Swan type event and a rally back above $5.60 to break the downhill trend.

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 14 521'0 522'6 517'6 517'6 -1'4 519'2 02:44A Chart for @W4Z Options for @W4Z
Mar 15 533'4 536'0 531'2 531'4 -1'4 533'0 02:44A Chart for @W5H Options for @W5H
May 15 541'4 542'2 540'4 541'0 0'4 540'4 02:43A Chart for @W5K Options for @W5K
Jul 15 548'0 550'4 545'6 545'6 -1'4 547'2 02:44A Chart for @W5N Options for @W5N
Sep 15 557'2 556'6 Chart for @W5U Options for @W5U
Dec 15 570'6 570'6 568'0 570'6 2'0 568'6 02:44A Chart for @W5Z Options for @W5Z
Mar 16 581'6 581'6 581'6 581'6 6'0 578'0s 02:43A Chart for @W6H Options for @W6H
May 16 585'0 585'0 585'0 585'0 4'4 581'6s 12:32A Chart for @W6K Options for @W6K
Jul 16 579'0 582'2 575'0 575'0 1'4 579'0s 02:43A Chart for @W6N Options for @W6N
Sep 16 586'0 1'4 586'0s 10/21 Chart for @W6U Options for @W6U
Dec 16 595'0 595'0 595'0 595'0 0'4 593'2s 10/21 Chart for @W6Z Options for @W6Z
Mar 17 594'4 0'4 594'4s 10/21 Chart for @W7H Options for @W7H
May 17 598'2 0'4 598'2s 10/21 Chart for @W7K Options for @W7K
Jul 17 574'4 0'4 574'4s 10/21 Chart for @W7N Options for @W7N
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Dec 14 603'0 605'0 601'2 601'2 -1'0 602'2 02:43A Chart for @KW4Z Options for @KW4Z
Mar 15 603'6 605'6 602'6 604'6 1'0 603'6 02:43A Chart for @KW5H Options for @KW5H
May 15 603'0 602'4 Chart for @KW5K Options for @KW5K
Jul 15 596'6 596'6 596'6 596'6 1'0 595'6 02:43A Chart for @KW5N Options for @KW5N
Sep 15 604'2 608'4 603'4 607'0 6'6 606'4s 02:43A Chart for @KW5U Options for @KW5U
Dec 15 621'0 623'2 Chart for @KW5Z Options for @KW5Z
Mar 16 598'6 7'0 631'0s 02:43A Chart for @KW6H Options for @KW6H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Dec 14 570'0 572'4 569'0 569'0 0'0 569'0 02:43A Chart for @MW4Z Options for @MW4Z
Mar 15 580'0 580'0 578'4 578'4 0'2 578'2 02:43A Chart for @MW5H Options for @MW5H
May 15 586'6 587'4 586'4 587'0 1'0 586'0 02:43A Chart for @MW5K Options for @MW5K
Jul 15 595'0 593'6 Chart for @MW5N Options for @MW5N
Sep 15 603'2 601'6 Chart for @MW5U Options for @MW5U
Dec 15 617'2 617'2 617'2 617'2 0'6 616'4 02:43A Chart for @MW5Z Options for @MW5Z
Mar 16 636'0 3'0 626'6s 02:43A Chart for @MW6H Options for @MW6H
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 14 355'4 356'6 353'4 353'4 -2'4 356'0 02:44A Chart for @C4Z Options for @C4Z
Mar 15 369'2 370'4 367'2 367'2 -2'2 369'4 02:44A Chart for @C5H Options for @C5H
May 15 378'4 378'6 376'0 376'0 -2'4 378'4 02:44A Chart for @C5K Options for @C5K
Jul 15 385'0 386'2 383'4 383'6 -1'6 385'4 02:44A Chart for @C5N Options for @C5N
Sep 15 392'2 392'4 390'4 390'4 -2'2 392'6 02:44A Chart for @C5U Options for @C5U
Dec 15 401'0 402'0 399'4 399'4 -2'0 401'4 02:44A Chart for @C5Z Options for @C5Z
Mar 16 409'4 410'0 408'4 410'0 0'0 410'0 02:44A Chart for @C6H Options for @C6H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 14 961'2 966'4 960'6 962'2 -2'0 964'2 02:44A Chart for @S4X Options for @S4X
Jan 15 968'0 973'6 968'0 969'4 -2'2 971'6 02:44A Chart for @S5F Options for @S5F
Mar 15 976'0 980'6 975'4 976'2 -2'6 979'0 02:44A Chart for @S5H Options for @S5H
May 15 984'2 988'2 983'6 984'4 -2'4 987'0 02:44A Chart for @S5K Options for @S5K
Jul 15 990'2 993'6 989'0 990'0 -2'6 992'6 02:44A Chart for @S5N Options for @S5N
Aug 15 995'2 994'0 Chart for @S5Q Options for @S5Q
Sep 15 982'6 982'0 Chart for @S5U Options for @S5U
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 166.850 166.850 166.525 166.525 - 0.025 166.550 02:41A Chart for @LE4V Options for @LE4V
Dec 14 167.175 167.400 166.850 167.125 0.075 167.050 02:38A Chart for @LE4Z Options for @LE4Z
Feb 15 166.000 166.275 165.775 166.125 0.075 166.050 02:38A Chart for @LE5G Options for @LE5G
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Dec 14 85.470 85.525 85.325 85.510 0.106 85.404 02:44A Chart for @DX4Z Options for @DX4Z
Mar 15 85.660 85.660 85.535 85.630 0.051 85.579 02:43A Chart for @DX5H Options for @DX5H
Jun 15 85.765 85.840 85.700 85.840 0.081 85.759 02:43A Chart for @DX5M Options for @DX5M
My Custom Markets
Symbol Open High Low Last Change Close Time More

DTN Ag Headline News
USDA Rolls Out APH Exclusion
A Shop Divided
DTN Retail Fertilizer Trends
WTO Rules Against US COOL
Advocating for Biotech Wheat
Brazil Soy Crop Just 10% Planted
EPA Questions Neonics
Informa: 2015 Bean Acres Up 4.3 Million
WTO COOL Ruling Coming Soon

Headline News
CDC Releases New Ebola Guidelines 10/21 06:41
Canada Soldier Killed in Terror Attack 10/21 06:48
Iran Pres. Pledges Support for Iraq 10/21 06:37
Feud Over Georgia Voter Registration 10/21 06:44
Taliban Attack Kills 4 Afghan Soldiers 10/21 06:47
Britain to Fly Drones Over Syria 10/21 06:40
US Urges Japan on Opening Markets 10/21 06:43
Stocks Rally on China Economy, Apple 10/21 17:05

Local Forecast
Rosalia, WA
Chg Zip:

Wednesday

Thursday

Friday

Saturday

Sunday
High: 60°F
Low: 44°F
Precip: 55%
High: 56°F
Low: 47°F
Precip: 80%
High: 56°F
Low: 40°F
Precip: 75%
High: 56°F
Low: 44°F
Precip: 75%
High: 55°F
Low: 40°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