Welcome



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



GOOD MORNING !
FRIDAY  APRIL 24, 2015



For Information on the use of Bifrenthrin Products, move your curser over the "Seed" tab.

Did you know Co-Ag has a Scholarship Program? Click on the "Scholarship Information" tab to learn more. 

 To read the latest Resource Newsletters, move your curser over the "Newsletter" tab to the left.
 

 
 



 



Co-Ag Farm

3/19/20
Not much news to broadcast on the markets the past month and we have seen the effect in the price. Futures set a new low the first week of March as good production weather was being reported worldwide and export numbers continued to drag or be nonexistent for the US. But with the fund market oversold at 65K+ contracts the cash market has had a little rally with a high of 6.79 as of today. With the majority of worldwide wheat being rated as good to excellent we continue to see the push to keep price or rallies relatively low, but with the short funds, weather concerns finally starting to come out of the Midwest and Syria issuing a tender for 150K MT of SWW we could see nice bump in the old crop price and hopefully drag the new crop price with it. I think as more and more crop reports hit the market and some more weather events happen we will finally see some new crop prices that we can at least feel comfortable putting some sales on the books.

As for as looking at HTA’s or Basis contracts, definitely not the time to initiate a HTA, and with a basis of +1.19 for August I am still in limbo. It is high for a NC basis, but we just saw +1.30 last week, so I am willing to sit on the sidelines and see if we get some bullish weather reactions on the futures board which will push that basis higher.  If we see  another good rally on NC price I still plan on pricing at least 20% at hopefully the $7.00 levels. As this next rally more than likely will not be a sustained rally, more of a quick run then back down I am thinking of pushing that 20% to 30-40% as with a $7.00 cash price I am a comfortable .60 over my break even and that’s something I can live with.
 



Quick Fact: Kansas is number one in flour milling in the United States.

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  486'0s @W5K Chart
 May  488'4s @W5N Chart
 June  488'4s @W5N Chart
 July  498'0s @W5U Chart
 August  498'0s @W5U Chart
 September  498'0s @W5U Chart
 January  530'0s @W6H Chart

HARD RED WINTER WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  507'4s @KW5N Chart
 May  507'4s @KW5N Chart
 August  507'4s @KW5N Chart

DARK NORTHERN SPRING WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  545'2s @MW5N Chart
 May  545'2s @MW5N Chart
 August  545'2s @MW5N Chart

BARLEY
  ROSALIA
Futures Price Futures Month Basis Cash Price
 April  NONE Chart
 May  NONE Chart
 June  NONE Chart
 July  NONE Chart
 August  NONE Chart
 September  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

Price as of 04/25/15 02:45PM CDT.
Month Symbols
Click to view more Cash Bids

FSC & Discounts

Fuel Surcharges       
Wheat               Barley

 

$.015 per bu   $.60 per ton

 


Protein Discount Scales
14.0% DNS (+15, -25c/.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
C5K 364'2 -6'2
S5K 968'0 -8'4
W5K 485'4 -11'6
O5K 262'0 -9'6
Stocks
MSFT 47.8700 4.5300
WMT 79.840000 0.660000
XOM 86.970000 -0.570000
TWX 85.360000 0.480000



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 currently down 8.  Wheat traders seemed a bit surprised to Canada's all wheat acres higher by 930,000 compared to last year, I know I was. Specifics showed the Spring wheat and Durum acres up significantly, winter wheat acres were actually down by just over 400,000. Canola acres were also down by about 900,000. Barley, oats and corn acres were actually all higher. A bit of bullish news came from the International Grains Council, who actually reduced their global wheat production estimate by 4 MMTs to 705 MMTs.
 
Pea & Lentil bids -  04/06/2015  Pea & Lentil Council completed their own survey of spring planting intentions and compared that to NASS.
WASHINGTON                              NASS                             INDUSTRY                   2014 Actual                 NASS DIFF.                  IND. DIFF
All Peas                                            90,000                           95,000                           90,000                           SAME                            Up 6%
Lentils                                               55,000                           65,000                           51,000                           Up 8%                           Up 28%
All Chickpeas                                  70,000                           87,000                           90,000                           Down 22%                   Down 3%
                                                            IDAHO                                              MONTANA                 N. DAKOTA
All Peas                                            DOWN 7%-13%                            UP 3%-9%                   UP 11%-17%
Lentils                                               UP                                                     UP15%-38%                UP 67%-73%
All Chickpeas                                  DOWN 7%-15%                            DOWN                          UP 9%-38%

Futures
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
May 15 498'2 499'4 485'0 486'4 -11'6 486'0s 04/24 Chart for @W5K Options for @W5K
Jul 15 501'4 502'6 487'4 488'6 -12'6 488'4s 04/24 Chart for @W5N Options for @W5N
Sep 15 510'4 511'0 497'2 498'2 -12'4 498'0s 04/24 Chart for @W5U Options for @W5U
Dec 15 527'2 527'4 514'0 515'6 -12'2 515'0s 04/24 Chart for @W5Z Options for @W5Z
Mar 16 540'6 541'6 529'0 530'6 -11'6 530'0s 04/24 Chart for @W6H Options for @W6H
May 16 545'6 545'6 539'0 539'4 -11'2 540'0s 04/24 Chart for @W6K Options for @W6K
Jul 16 553'4 554'0 543'0 544'0 -10'2 543'2s 04/24 Chart for @W6N Options for @W6N
Sep 16 558'4 -10'0 552'0s 04/24 Chart for @W6U Options for @W6U
Dec 16 573'6 573'6 573'2 573'6 -9'6 566'0s 04/24 Chart for @W6Z Options for @W6Z
Mar 17 575'0 -9'4 574'2s 04/24 Chart for @W7H Options for @W7H
May 17 629'4 -9'4 576'6s 04/24 Chart for @W7K Options for @W7K
Jul 17 619'0 -9'4 557'2s 04/24 Chart for @W7N Options for @W7N
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 15 517'2 517'2 500'6 503'4 -14'2 502'2s 04/24 Chart for @KW5K Options for @KW5K
Jul 15 522'4 523'0 506'2 508'4 -14'4 507'4s 04/24 Chart for @KW5N Options for @KW5N
Sep 15 533'0 533'0 516'6 519'4 -14'4 518'0s 04/24 Chart for @KW5U Options for @KW5U
Dec 15 551'6 552'2 536'2 538'2 -14'2 537'2s 04/24 Chart for @KW5Z Options for @KW5Z
Mar 16 563'0 563'6 549'6 549'6 -14'2 550'2s 04/24 Chart for @KW6H Options for @KW6H
May 16 562'0 563'6 560'0 560'0 -13'6 559'0s 04/24 Chart for @KW6K Options for @KW6K
Jul 16 568'0 568'0 566'0 566'0 -13'0 565'6s 04/24 Chart for @KW6N Options for @KW6N
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
May 15 544'0 544'0 534'0 535'2 -10'2 535'0s 04/24 Chart for @MW5K Options for @MW5K
Jul 15 555'2 556'0 544'2 545'6 -10'0 545'2s 04/24 Chart for @MW5N Options for @MW5N
Sep 15 564'0 564'0 553'2 554'4 -10'0 554'0s 04/24 Chart for @MW5U Options for @MW5U
Dec 15 575'0 575'0 564'0 566'4 -10'4 564'4s 04/24 Chart for @MW5Z Options for @MW5Z
Mar 16 585'0 585'0 579'0 579'6 -9'6 578'6s 04/24 Chart for @MW6H Options for @MW6H
May 16 587'4 588'0 587'0 588'0 -8'6 588'0s 04/24 Chart for @MW6K Options for @MW6K
Jul 16 594'0 594'0 594'0 594'0 -8'6 593'2s 04/24 Chart for @MW6N Options for @MW6N
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 15 371'0 371'2 363'6 364'4 -6'2 364'4s 04/24 Chart for @C5K Options for @C5K
Jul 15 377'0 377'2 369'4 369'6 -7'0 369'6s 04/24 Chart for @C5N Options for @C5N
Sep 15 384'2 384'6 377'0 377'4 -6'6 377'4s 04/24 Chart for @C5U Options for @C5U
Dec 15 394'6 395'0 387'4 388'2 -6'2 388'2s 04/24 Chart for @C5Z Options for @C5Z
Mar 16 405'2 405'2 398'2 399'0 -6'0 399'2s 04/24 Chart for @C6H Options for @C6H
May 16 412'6 412'6 406'0 406'4 -5'6 407'0s 04/24 Chart for @C6K Options for @C6K
Jul 16 419'0 419'0 412'4 413'4 -5'2 413'6s 04/24 Chart for @C6N Options for @C6N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 15 978'0 981'0 966'6 969'0 -8'4 969'6s 04/24 Chart for @S5K Options for @S5K
Jul 15 980'0 983'0 968'4 970'0 -9'2 970'6s 04/24 Chart for @S5N Options for @S5N
Aug 15 977'2 979'4 965'2 966'0 -9'4 966'6s 04/24 Chart for @S5Q Options for @S5Q
Sep 15 966'4 966'4 955'0 956'0 -9'2 956'2s 04/24 Chart for @S5U Options for @S5U
Nov 15 961'4 964'6 950'2 951'2 -9'0 952'4s 04/24 Chart for @S5X Options for @S5X
Jan 16 968'0 970'4 957'0 957'4 -9'0 959'0s 04/24 Chart for @S6F Options for @S6F
Mar 16 974'0 975'0 961'2 963'4 -9'0 963'0s 04/24 Chart for @S6H Options for @S6H
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Apr 15 159.725 161.400 158.550 161.225 1.875 161.175s 04/24 Chart for @LE5J Options for @LE5J
Jun 15 149.600 151.650 148.400 151.150 2.175 151.200s 04/24 Chart for @LE5M Options for @LE5M
Aug 15 148.075 149.900 147.050 149.500 1.875 149.725s 04/24 Chart for @LE5Q Options for @LE5Q
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Jun 15 97.535 97.740 96.900 97.100 -0.355 97.099s 04/24 Chart for @DX5M Options for @DX5M
Sep 15 98.060 98.200 97.395 97.580 -0.360 97.569s 04/24 Chart for @DX5U Options for @DX5U
Dec 15 98.500 98.545 97.910 98.085 -0.363 98.014s 04/24 Chart for @DX5Z Options for @DX5Z
My Custom Markets
Symbol Open High Low Last Change Close Time More

DTN Ag Headline News
EU OKs High-Oleic Traits
Deere: You Own Your Tractor
DTN Distillers Grain Weekly Update
Senators Back RFS' Original Intent
Farmers Can Lead on Climate
Alfalfa Outlook -- 2
View From the Cab
Herbicide Mixes Key to Control
Dr. Dan Talks Agronomy

Headline News
Over 1,000 Dead in Nepal Quake 04/25 14:03
GOP Rebels Blame Leaders Over Donations04/25 14:14
UN Chief Appoints New Yemen Envoy 04/25 14:07
10 Dead as Quake Hits Mt. Everest 04/25 14:04
Rebels Seize Northwest Syrian Town 04/25 14:11
US Unveils Report on NSA Surveillance 04/25 14:08
Japan's Views of WWII Rankles US Vets 04/25 14:05
Stocks Rise on Tech Earnings 04/24 15:40

Local Forecast
Rosalia, WA
Chg Zip:

Saturday

Sunday

Monday

Tuesday

Wednesday
High: 53°F
Low: 36°F
Precip: 80%
High: 59°F
Low: 35°F
Precip: 0%
High: 67°F
Low: 38°F
Precip: 0%
High: 75°F
Low: 46°F
Precip: 0%
High: 69°F
Low: 43°F
Precip: 0%
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.

A touch-enabled device appears to be in use. Switch to our touch-optimized website?

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