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Wheat Harvest HoursPasco Office Hours: 7:00 AM to 4:00 PM Monday -Friday Pasco Elevator Hours: 7:00 AM to 9:00 PM Monday-Saturday Burbank Elevators Hours: 8:00 AM to 6:00 PM Monday-SaturdayNOTE: ALL PRICES ARE NOW DELIVERED PASCO, NOT PORTLAND Contact 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
8/10: Roller Coaster continues. Wheat futures lost 20-30c last week. Up 20c this week, mostly all today!. Hot and dry conditions for Spring wheat, YC, and soybeans across the western midwest leading the charge. High volatility and 20c ranges daily. Seem stuck in 50c range past 30days. YC finding some life lately with heat waves in Europe and some dryness in US Western Corn Belt. YC near the top of this range again. Demand for US wheat slow as price deemed too expensive. US crop potential looks good for wheat & has been ok for YC and soybeans. Chinese business has been non existant for our 22 wheat crop. Consumer Price Index pegged inflation at 8.5% year over year. FED raised interest rates 3/4% in Fed Reserve meetings Jly 27 & 28. USDA crop report Production and stocks on Aug12. Cash Bids Delivered TCG
CALL FOR NEW CROP 2022 CORN BIDS. Futures Quotes
Quotes are delayed, as of August 10, 2022, 03:00:07 PM CDT or prior.
Commentary
Soybeans Posting Double Digit Gains -
Soybean futures are rallying another 18 to 23 ¾ cents in the new crop contracts on Wednesday, with front months up 34 ½ to 42 ¾ cents. The Cotton Rallying on Sharp Dollar Weakness -Cotton futures are trading 302 to 324 points lower at Wednesday’s midday. After the CPI data release this morning, the US dollar index collapsed Corn Continues Strength on Wednesday -Corn is continuing to rally at midweek, with contracts up 10 to 15 ½ cents so far on Wednesday. A sharply lower dollar is helping commodities Cattle Showing Strength on Wednesday -Live cattle futures are rebounding from weaker Tuesday action, with contracts up 37 to 90 cents at Wednesday’s midday. Cash trade has been fairly Hogs Mostly Higher on Wednesday -Lean hog futures are trading mostly higher at midday, with front months up a tick to $1. A few deferred contracts are trending lower. The USDA’s Wheat Rallying on Wednesday -The wheat complex is continuing off overnight strength, with contracts up double digits across the three exchanges. Contracts in Chicago SRW are up Full commentary... |
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