Hours:Pasco Office Hours: 7:00 AM to 4:00 PM Monday -Friday Pasco Elevator Hours: 7:00 AM to 7:00 PM Monday-Saturday; Closed Sunday Burbank Elevators Hours: 8:00 AM to 4:00 PM Monday-Friday; Closed Saturday and SundayContact us if you want our bids sent by text or email daily
Office #509-545-0900 & Elevator #509-545-5179.
Call Tri-State Seed for all of your seed needs.
Contact Mason or John at 509-234-2500
Commentary
10/25/24: Markets stepping back to end the week after digesting the favorable anticipated exports yesterday. Wheat futures down 10-15 cents, corn futures down a nickel. US plains show moisture and are favorable for our wheat crop. No change in Russian news in terms of FOB pricing or forecasts. Private exporters this morning announced additional soybean sales to China and corn sales to Mexico. Depending on how things close we could see corn run back down and test $4 again, while wheat tests look to be another 15-20 cents away. Weekly export reports below. Corn exports were 3,602,600 MT, above the highest expectations of 3.3 million. Main buyers were Mexico (1,680K) Unknown (1,154K) Japan (244K) Columbia (186K) and South Korea (135K). Mexico continues to be the shining star for corn exports, market will debate a couple different countries for the unknown with hopes that its China. Soybean exports were upper end of expectations at 2,151,700 MT. Major buyers were China (1,289K) Mexico (208K) and Unknown (139K). Total wheat exports were 532,900 MT led by SRW and HRS. HRS exports were 178,300 MT scattered amongst many countries. HRW exports remain lackluster at 60,700 MT this week, while SWW took a little step back from the previous weeks at 87,700 MT. Washington Cap-and-Trade Rebates Start Aug. 26 It will be first-come, first-served when Washington distributes $28.5 million to partially refund cap-and-trade surcharges to farmers and haulers of farm goods for fuel. Click on the link below for full Captial Press article.
***Tri Cities Grain now offering Grain Settlement ACH Payments as well as Vendor ACH payments. 1 page form to fill out in order to set up the process. Please call with any questions Click here for the ACH Payment form
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Quotes are on 15 min delay with futures markets. Please call to confirm pricing
Futures Quotes
Quotes are delayed, as of October 29, 2024, 04:12:14 PM CDT or prior.
Commentary
Hogs Rallying on Tuesday -
Lean hog futures are showing 52 cent to $2.325 higher trade on Tuesday, led by December. The national average base hog price was not reported again Cattle Heading Lower on Tuesday -Live cattle futures are shifting to lower trade on Tuesday’s midday, with losses of 80 cents tot $1.025. Cash trade last week improved ~$2 from Cotton Higher So Far on Tuesday -Cotton futures are posting 40 to 48 point gains in the nearbys so far on Tuesday. The outside markets are pressure factors, with crude oil slipping Corn Getting a Turnaround Tuesday Bounce -Corn futures are trading with 2 to 3 ½ cent gains at midday on Tuesday. The national average Cash Corn price from cmdtyView is up 3 1/2 cents at Wheat Rallying on Weaker Than Expected Condition Ratings -The wheat complex is seeing some recovered strength across all three exchanges so far on Tuesday. Chicago SRW futures are up 12 to 14 cents on the Soybeans Falling at Tuesday’s Midday -Soybeans are facing some continued weakness on Tuesday, with contracts steady to 4 cents lower so far on the day. CmdtyView’s national front month Full commentary... |
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