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.

Capital Press Cap & Trade Fuel Rebate Article

How To Apply.

  ***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