Friday, October 24, 2014  
 
 
Local Cash Bids
 
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News and Information


10/23/14

Market News

Wheat futures closed higher again, with corn and soybeans closing sharply higher as the uptrend in the grain markets continued.  Commodity funds were again on the buying side, covering about 10 million bu of their short position in wheat and adding 40 to 50 million bu to their long positions in the corn and soybean markets.  Commercials were also on the buy side today.  Export Sales this morning were bullish for corn and soybeans.  Corn sales totaled 40.6 million bu and soybean sales came in at a strong 79.6 million bu.  Wheat export sales actually came in on the low side of estimates at only 11 million bu including 1.7 million bu in White Wheat sales.  Locally we have received some general rains over the last 24 hours and we have a good chance for more over the next 10 days.


Odessa Seed Plant Hours
Mon - Fri                 7:30 am to 3:30 pm

Harrington Seed Plant Hours
Mon - Fri                  7:30 am to 4:00 pm
Saturday                        by Appointment

 
 
 
Market hours: AM 9:00-11:10, PM 3:00-4:30
No PM market on Fridays

No PM Hard Wheat Markets

Direct Deposit
  
 

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.

DTN Videos
 04:06
10/23/2014 Grains Charge Higher Thursday
 03:19
10/23/2014 Drier 10-Day Pattern Thursday
 01:28
10/23/2014 Grains Higher Thursday
 01:08
6/30/2014 Chris Clayton on Route 66, part 3
 00:57
6/30/2014 Chris Clayton on Route 66

DTN Ag Policy Blog
Chris Clayton Bio
DTN Ag Policy Editor
Tuesday, October 21, 2014 9:31PM CDT

There was relatively limited reaction Tuesday from commodity groups and lawmakers about USDA's announcement to roll out the Actual Production History yield exclusion for crop insurance. Still, anyone who has some total crop collapses in their cropping history could see some benefits -- at the potential cost of higher premiums for that extra protection level.

Tuesday, October 21, 2014 1:06AM CDT
Friday, October 17, 2014 12:00AM CDT

DTN Ag Headline News
COOL Debate Marches On
One Step at a Time
Tools Apply Inputs With Precision
Shatter-Prone Soybeans
Court Tosses E15 Labeling Lawsuit
Ranch Hands
USDA Rolls Out APH Exclusion
A Shop Divided
DTN Retail Fertilizer Trends

DTN Market News
Acreage Arguments
DTN Early Word Grains 10/23 05:57
DTN Midday Grain Comments 10/23 11:23
DTN Closing Grain Comments 10/23 13:45
DTN Cattle Close/Trends 10/23 15:45
DTN Early Word Opening Livestock 10/23 06:26
DTN Midday Livestock Comments 10/23 12:00
DTN Closing Livestock Comment 10/23 15:15
DTN Chart Technical Points 10/23 16:30
DTN Feeder Pig Index

Headline News
US: IS Earns $1M/Day From Oil Sales 10/23 11:00
Hungry Liberians May Escape 10/23 10:57
Canada Attack Stirs Terror Fears 10/23 07:04
12 Die in Attacks in Pakistan 10/23 10:55
House Dem Campaign Spends $2M Daily 10/23 06:35
Activists: Syria Strikes Kill Over 500 10/23 06:32
Red Cross: 6 Months to Contain Ebola 10/23 07:16
Stocks Jump on Corporate Earnings 10/23 15:35

DTN Market Matters Blog
Katie Micik Bio
Markets Editor
Friday, October 17, 2014 7:21PM CDT

I didn't know I was going to stir the pot.

Thursday, October 16, 2014 7:06PM CDT
Monday, October 13, 2014 3:47PM CDT

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Note: Your bushels will be gross numbers until grades and divisions are received and applied.


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Fuel Surcharge

Current surcharge is .000 cents per gross bushel on all settlements. Rate will be updated each month according to changes in the BNSF fuel surcharge.


Futures
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Dec 14 525'4 536'0 525'2 535'4 8'6 526'6 06:05A Chart for @W4Z Options for @W4Z
Mar 15 539'2 549'4 538'6 549'0 8'6 540'2 06:06A Chart for @W5H Options for @W5H
May 15 548'0 557'0 548'0 557'0 9'0 548'0 06:06A Chart for @W5K Options for @W5K
Jul 15 554'0 563'6 554'0 563'6 8'4 555'2 06:04A Chart for @W5N Options for @W5N
Sep 15 565'0 572'6 565'0 572'6 8'0 564'6 06:05A Chart for @W5U Options for @W5U
Dec 15 579'0 585'0 579'0 583'0 5'6 577'2 06:05A Chart for @W5Z Options for @W5Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Dec 14 603'6 612'6 602'6 612'4 7'2 605'2 06:04A Chart for @KW4Z Options for @KW4Z
Mar 15 607'2 614'6 605'2 614'6 7'0 607'6 06:04A Chart for @KW5H Options for @KW5H
May 15 607'0 614'0 607'0 614'0 6'6 607'2 06:04A Chart for @KW5K Options for @KW5K
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Dec 14 571'0 579'0 569'4 578'6 7'6 571'0 06:05A Chart for @MW4Z Options for @MW4Z
Mar 15 579'4 587'6 579'4 587'6 7'4 580'2 06:04A Chart for @MW5H Options for @MW5H
May 15 589'0 595'4 589'0 595'4 7'6 587'6 06:04A Chart for @MW5K Options for @MW5K
Jul 15 596'2 595'4 Chart for @MW5N Options for @MW5N
Sep 15 603'6 603'4 Chart for @MW5U Options for @MW5U
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 14 359'2 364'6 358'6 364'4 4'6 359'6 06:06A Chart for @C4Z Options for @C4Z
Mar 15 372'6 378'2 372'4 378'0 4'4 373'4 06:06A Chart for @C5H Options for @C5H
May 15 380'6 387'0 380'6 386'6 4'6 382'0 06:06A Chart for @C5K Options for @C5K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 14 991'4 1001'2 990'6 1001'0 7'6 993'2 06:06A Chart for @S4X Options for @S4X
Jan 15 998'0 1007'6 997'4 1007'0 7'0 1000'0 06:07A Chart for @S5F Options for @S5F
Mar 15 1004'2 1014'4 1004'0 1014'0 7'4 1006'4 06:06A Chart for @S5H Options for @S5H
May 15 1010'2 1021'2 1010'2 1021'2 8'6 1012'4 06:06A Chart for @S5K Options for @S5K
Jul 15 1014'4 1027'4 1014'4 1027'0 9'4 1017'4 06:06A Chart for @S5N Options for @S5N
@O - OATS - CBOT
Month Open High Low Last Change Close Time More
Dec 14 360'4 365'0 359'4 361'0 0'4 360'4 06:02A Chart for @O4Z Options for @O4Z
Mar 15 350'6 352'0 348'6 352'0 4'0 348'0 05:53A Chart for @O5H Options for @O5H
May 15 340'4 340'4 340'4 340'4 1'0 339'4 10/23 Chart for @O5K Options for @O5K
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 169.975 170.100 169.275 169.550 0.500 169.050 06:04A Chart for @LE4V Options for @LE4V
Dec 14 169.725 169.975 169.000 169.075 - 0.025 169.100 06:06A Chart for @LE4Z Options for @LE4Z
Feb 15 169.075 169.400 168.500 168.500 - 0.350 168.850 06:06A Chart for @LE5G Options for @LE5G
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 240.800 240.850 239.850 240.100 - 0.125 240.225 05:57A Chart for @GF4V Options for @GF4V
Nov 14 237.200 237.900 236.650 236.650 - 0.050 236.700 06:01A Chart for @GF4X Options for @GF4X
Jan 15 231.225 231.950 230.550 230.550 - 0.425 230.975 06:04A Chart for @GF5F Options for @GF5F
My Custom Markets
Symbol Open High Low Last Change Close Time More

Canola Link

 


ODESSA UNION WAREHOUSE P.O. BOX 247 / 2 NORTH DIVISION ODESSA, WA 99159
 

Local Conditions
Odessa, WA
Chg Zip Code: 
Temp: 42oF Feels Like: 42oF
Humid: 85% Dew Pt: 38oF
Barom: 30.03 Wind Dir: NE
Cond: N/A Wind Spd: 3 mph
Sunrise: 7:28 Sunset: 5:53
As reported at MOSES LAKE, WA at 3:00 AM
 
Local Radar
Odessa, WA
Radar
 
Local Forecast
Odessa, WA

Friday

Saturday

Sunday

Monday

Tuesday
High: 59°F
Low: 38°F
Precip: 42%
High: 60°F
Low: 44°F
Precip: 76%
High: 58°F
Low: 44°F
Precip: 73%
High: 57°F
Low: 35°F
Precip: 73%
High: 56°F
Low: 38°F
Precip: 62%
View complete Local Weather
 
DTN Weather Summary
Dry Conditions Friday Good for Harvest
Bryce Anderson (Bio) – DTN Meteorologist

Dry conditions will boost harvest activity, and allow crop drydown across Canada and U.S. crop areas. » More DTN Weather Commentary

Posted at 5:52AM Fri Oct 24, 2014 CDT

Did You Know?

In 1897 the Tea Importation Act was passed; the first U.S. law regulating food products


Fact courtesy of the USDA


This Day In History
October 24, 1965
Benjamin Britten's "Voices for Today," premieres

more info



Did You Know?

In 1970 the Environmental Protection Agency was established


Fact courtesy of the USDA


 
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