Just a Reminder: AgVentures will closed tomorrow for the Easter Holiday. The markets will also be closed and we will have no markets this afternoon.
Notice: Marketing Club Meetings
Thank you, Emily Gordon and Tom Benzel for great presentations!
The May Marketing Club Meetings will be right after the May USDA Crop Production Report scheduled for Friday, May 9th All Meetings will be from 7:00 am to 8:00 am Please call the Odessa Office at 509-982-2691 if you are interested or have any questions Hope to see you there
Wheat futures closed slightly higher but off their session highs. Export Sales for last week came in better than expected at 16 million bu for old crop wheat including 1.4 million bu in White Wheat sales and 13.2 million bu in new crop sales including 5.4 million bu for White Wheat. Corn sales totaled 23.7 million bu. Soybean sales were 700,000 bu for old crop and 7.6 million bu for new crop. Forecasts calling for dry and hot weather for the Southern Plains supported wheat at the opening but light profit taking and some position squaring by traders near the close ahead of the 3 day holiday trimmed the gains. Corn traded lower for most of the session as drier weather in the cornbelt will help planting progress there.
Below is a link showing the test for falling numbers and the effect that falling numbers has on the end product. If you have any questions please feel free to call the Odessa or Reardan office.
Market hours: AM 9:00-11:10, PM 3:00-4:30 No PM market on Fridays No PM Hard Wheat Markets
If you would like to sign up for direct deposit payments for grain sales click here to open a form you'll need to fill out and send in. After filling out the form mail it to our Odessa office, P.O. Box 247, Odessa, WA 99159. Thank you.
OMAHA (DTN) -- Farmers are getting frustrated. Not only are they unable to empty their grain bins due to delayed railcar placements, but they are also concerned that rail delays will limit their ability to get fertilizer for spring field work.