Welcome



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



GOOD AFTERNOON JULY 31, 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
 August  537'6 @W4U Chart
 September  537'6 @W4U Chart
 December  556'6 @W4Z Chart
 January  576'2 @W5H Chart

HARD RED WINTER WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 August  634'6 @KW4U Chart
 Sept  647'2 @KW4Z Chart
 December  651'4 @KW5H Chart

DARK NORTHERN SPRING WHEAT
  ROSALIA
Futures Price Futures Month Basis Cash Price
 August  621'2 @MW4U Chart
 September  632'2 @MW4Z Chart
 December  643'4 @MW5H Chart

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

CANOLA
  ROSALIA
Futures Price Futures Month Basis Cash Price
 August  NONE Chart
 September  NONE Chart

Price as of 08/01/14 08:50AM CDT.
Month Symbols
Click to view more Cash Bids

FSC & Discounts

Fuel Surcharges       
Wheat               Barley

 

$.042 per bu   $2.00 per ton

 


Protein Discount Scales
14.0% DNS (+10 -15c/.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
C4U 355'2 -1'6
S4Q 1227'0 4'0
W4U 530'0 3'0
O4U 352'0 1'0
Stocks
MSFT 42.9100 -0.2500
WMT 73.3800 -0.2000
XOM 98.340000 -0.600000
TWX 83.1000 0.0800



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
Chicago futures closed up 3.  Wheat might find a little support this morning on better than expected export sales, but for the most part the trade continues to struggle as Russian suppliers dominate the global market. Occasionally we are seeing some Ukraine and Romanian wheat winning some bids as well. For the most part though, it remains the same song and dance... Cheap supplies continue to pour out of the Black Sea region inflicting more price pain on the market.

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
Sep 14 531'0 539'2 530'4 537'6 7'4 530'2 08:39A Chart for @W4U Options for @W4U
Dec 14 550'2 558'4 550'2 556'6 6'4 550'2 08:39A Chart for @W4Z Options for @W4Z
Mar 15 572'2 578'2 572'2 576'2 4'0 572'2 08:39A Chart for @W5H Options for @W5H
May 15 586'0 590'4 586'0 590'2 4'2 586'0 08:39A Chart for @W5K Options for @W5K
Jul 15 595'4 600'2 595'2 598'4 2'6 595'6 08:39A Chart for @W5N Options for @W5N
Sep 15 610'0 610'0 610'0 610'0 2'4 607'4 08:39A Chart for @W5U Options for @W5U
Dec 15 626'2 626'2 626'2 626'2 3'6 622'4 08:39A Chart for @W5Z Options for @W5Z
Mar 16 633'0 633'0 633'0 633'0 0'6 632'2 08:39A Chart for @W6H Options for @W6H
May 16 635'0 635'0 635'0 635'0 -2'6 634'6s 08:39A Chart for @W6K Options for @W6K
Jul 16 630'0 630'0 630'0 630'0 -1'4 629'4s 08:39A Chart for @W6N Options for @W6N
Sep 16 629'4 -1'4 629'4s 07/31 Chart for @W6U Options for @W6U
Dec 16 634'4 -1'4 640'4s 08:30A Chart for @W6Z Options for @W6Z
Mar 17 640'4 -1'4 640'4s 08:30A Chart for @W7H Options for @W7H
May 17 653'0 -1'4 653'0s 07/31 Chart for @W7K Options for @W7K
Jul 17 653'0 -1'4 653'0s 07/31 Chart for @W7N Options for @W7N
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Sep 14 625'2 635'6 625'2 634'6 9'0 625'6 08:39A Chart for @KW4U Options for @KW4U
Dec 14 638'4 648'2 638'4 647'2 8'2 639'0 08:39A Chart for @KW4Z Options for @KW4Z
Mar 15 644'0 652'4 644'0 651'4 7'2 644'2 08:39A Chart for @KW5H Options for @KW5H
May 15 647'4 655'4 647'4 653'6 6'2 647'4 08:39A Chart for @KW5K Options for @KW5K
Jul 15 639'0 645'6 639'0 645'2 7'4 637'6 08:39A Chart for @KW5N Options for @KW5N
Sep 15 651'2 651'2 651'2 651'2 3'6 647'4 08:39A Chart for @KW5U Options for @KW5U
Dec 15 658'4 663'0 658'4 659'6 4'2 663'2s 08:39A Chart for @KW5Z Options for @KW5Z
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Sep 14 615'0 623'4 615'0 621'2 5'2 616'0 08:39A Chart for @MW4U Options for @MW4U
Dec 14 627'0 634'2 625'4 632'2 6'0 626'2 08:39A Chart for @MW4Z Options for @MW4Z
Mar 15 639'6 644'6 639'6 643'4 4'6 638'6 08:39A Chart for @MW5H Options for @MW5H
May 15 644'4 646'2 Chart for @MW5K Options for @MW5K
Jul 15 656'6 656'6 656'6 656'6 2'6 654'0 08:39A Chart for @MW5N Options for @MW5N
Sep 15 662'6 664'0 662'6 664'0 2'4 661'4 08:39A Chart for @MW5U Options for @MW5U
Dec 15 674'0 677'6 674'0 677'4 3'4 674'0 08:38A Chart for @MW5Z Options for @MW5Z
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 14 357'0 358'6 354'0 354'4 -2'4 357'0 08:39A Chart for @C4U Options for @C4U
Dec 14 366'6 368'2 363'6 364'2 -2'6 367'0 08:40A Chart for @C4Z Options for @C4Z
Mar 15 379'2 381'0 376'2 376'6 -2'6 379'4 08:40A Chart for @C5H Options for @C5H
May 15 387'6 388'6 384'6 385'2 -2'4 387'6 08:39A Chart for @C5K Options for @C5K
Jul 15 395'2 396'2 392'2 392'4 -2'6 395'2 08:40A Chart for @C5N Options for @C5N
Sep 15 403'6 403'6 400'0 400'0 -2'4 402'4 08:39A Chart for @C5U Options for @C5U
Dec 15 410'4 411'4 407'6 408'2 -2'4 410'6 08:40A Chart for @C5Z Options for @C5Z
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Aug 14 1224'2 1225'6 1212'4 1213'0 -11'4 1224'4 08:40A Chart for @S4Q Options for @S4Q
Sep 14 1095'0 1098'2 1081'6 1082'4 -17'2 1099'6 08:40A Chart for @S4U Options for @S4U
Nov 14 1077'2 1079'6 1065'2 1066'4 -15'4 1082'0 08:39A Chart for @S4X Options for @S4X
Jan 15 1086'6 1087'6 1073'6 1075'4 -14'6 1090'2 08:39A Chart for @S5F Options for @S5F
Mar 15 1094'0 1094'2 1081'4 1082'6 -14'6 1097'4 08:39A Chart for @S5H Options for @S5H
May 15 1099'0 1099'0 1089'2 1090'4 -13'4 1104'0 08:39A Chart for @S5K Options for @S5K
Jul 15 1105'2 1107'2 1095'4 1096'2 -14'0 1110'2 08:39A Chart for @S5N Options for @S5N
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Aug 14 157.525 157.725 156.500 157.050 - 0.875 157.925 08:39A Chart for @LE4Q Options for @LE4Q
Oct 14 156.800 157.250 155.575 156.325 - 1.000 157.325 08:39A Chart for @LE4V Options for @LE4V
Dec 14 157.275 157.550 156.375 156.900 - 1.200 158.100 08:39A Chart for @LE4Z Options for @LE4Z
@DX - US DOLLAR INDEX - ICEFU
Month Open High Low Last Change Close Time More
Sep 14 81.530 81.615 81.355 81.445 -0.078 81.523 08:39A Chart for @DX4U Options for @DX4U
Dec 14 81.630 81.705 81.470 81.535 -0.096 81.631 08:40A Chart for @DX4Z Options for @DX4Z
Mar 15 81.845 81.845 81.830 81.830 0.079 81.751 08:40A Chart for @DX5H Options for @DX5H
My Custom Markets
Symbol Open High Low Last Change Close Time More

DTN Ag Headline News
SDS Alert
DTN Retail Fertilizer Trends
Endangered Species Act Reform Passed
Prepping for a Pest
Groups Want Terminal Reopened
Check and Certify
USDA Weekly Crop Progress
Racing the Clock
DTN Fertilizer Outlook

Headline News
Kerry Brokers 72-hour Truce 08/01 06:13
Experts Reach Ukraine Crash Site 08/01 06:22
WTO Regrouping Over Global Trade Deal 08/01 06:17
Divisions on Border Bill Delay Break 08/01 06:28
Cantor to Resign in August 08/01 06:15
Senate Confirms Ambassador to Russia 08/01 06:24
Europe to Fight Violence Against Women 08/01 06:19
World Stocks Extend Slump Friday 08/01 06:52

Local Forecast
Rosalia, WA
Chg Zip:

Friday

Saturday

Sunday

Monday

Tuesday
High: 98°F
Low: 67°F
Precip: 0%
High: 95°F
Low: 68°F
Precip: 20%
High: 95°F
Low: 67°F
Precip: 23%
High: 94°F
Low: 65°F
Precip: 0%
High: 92°F
Low: 67°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.

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