Hours:Pasco Office Hours: 7:00 AM to 4:00 PM Monday -Friday Pasco Elevator Hours: 7:00 AM to 9:00 PM Monday-Saturday; Closed Sunday Burbank Elevators Hours: 8:00 AM to 6:00 PM Monday-Saturday; Closed 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
7/23/24: Corn futures up another 6 cents this morning after finishing up 11 cents yesterday. Private exporters reported a sale of 200K MT to unknown for the upcoming crop year. Corn values low enough that we are finding some additional export demand. The rebound in corn is pulling wheat up moderately with all wheat boards up 3-5 cents this morning. HRW has lost ground to corn over the past two days and if it continues could start working into some feed channels. Spring wheat has also further separated itself from winter wheat on dryness concerns and concerns about Canadas crop. US Spring wheat tour is going on this week, market will be focused on yield prediction and vomitoxin reports. Based off conditions (77% good/excellent still this week) yields should be big, if not record big. Market is concerned about higher vom potential due to the mild temps and big rains. Corn conditions sit at 67% good/excellent down a point from last week. Soybeans unchanged at 68%. Winter wheat harvest sits at 76%, vs market prediction of 81%, pace has slowed as it has moved north. Pace is still right in line with 10-year average. Montana will be going hot and heavy on hrw harvest this week. Their proteins will set the tone for our hrw scales moving forward. Would not be surprised if scales widen out to start as we are again anticipating big yields after somewhat ideal growing conditions. TCG Harvest Note: Costs to the US ag producer continue to do nothing but rise, while commodity prices remain stagnant at best. We understand the challenges producers are up against and in an effort to help we are lowering our storage charges from 3 cents per month to 2 cents per month. In addition, we will offer the option to pass title at the pit reducing the charge from 2 cents per month to 1 cent per month. We appreciate and value every one of our customers and hope that this allows you to maximize earning potential for your farm. Please open link below for information about TCG's decision to change grain grading labs from WSDA grain lab in Pasco to National Quality Inspection (NQI). ***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 July 27, 2024, 01:44:12 AM CDT or prior.
Commentary
Cattle Post Mixed Trade, with Feeders Rallying -
Live cattle futures saw mixed trade on Friday, with contracts anywhere from 37 cents lower to 50 cents higher. Cash trade was quiet this week, with Wheat Fall to New Low on Friday -The wheat complex was in near free fall mode heading into the weekend, with losses across the three exchanges. Chicago SRW futures were down 13 to Cotton Heads Lower on Friday -Cotton futures were pulled lower on Friday, as contracts were down 72 to 116 points on the day. The outside markets had some effect, as crude as Soybeans Collapse on Friday as Bulls Limited Ammo Dries Up -Soybeans gave back all of the gains in the August contract for this week and most of November’s on Friday, as contracts fell 28 to 38 ½ cents Hogs Mixed on Friday -Lean hogs closed out the Friday session with contracts mixed, anywhere from 30 cents lower to 40 cents higher. The USDA National Base Hog price was Corn Gives Back Gains on Friday as Bears Resume Selling -Corn futures ended the Friday session with losses 10 to 11 ½ cent losses across most contracts. The weekly gain for September was 4 cents as Dc was Full commentary... |
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