Friday, August 22, 2014  
 
 
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News and Information


08/21/14

Market News

     Wheat futures closed higher despite poor export sales.  Wheat sales totaled only 7.7 million bu for last week including 1.2 million bu in white wheat sales.  Corn sales came in at 32.2 million bu and soybean sales were 49.1 million bu.  Support for wheat came from this morning's Stats Canada Report which estimated canadian wheat production at 27.7 million metric tons, below the low estimate going in and down from 37.5 million metric tons last year.  Canola production also came in below estimates at only 13.9 million metric tons vs 17.96 million metric tons last year.  Wheat was also supported by news that France might have to import milling quality wheat to satisfy its domestic demand because of quality issues.  Corn and soybeans closed slightly higher.  Reports from the last day of the Cornbelt Crop Tour still point to a very good corn and soybean crop back there. 


Odessa Seed Plant Hours
Mon - Fri                 7:00 am to 5:00 pm
Saturday                       7:00 am to Noon

Harrington Seed Plant Hours
Mon - Fri                  7:30 am to 5:00 pm
Saturday                       8:00 am to Noon

 
 
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
 04:04
8/21/2014 Wheat Finishes Higher
 03:41
8/21/2014 Rains For Plains/Prairies
 01:33
8/21/2014 Higher Prices From Commercial Buying
 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
Friday, August 22, 2014 1:13AM CDT

A report came out Thursday claiming that the U.S. lost the Country of Origin ruling in the World Trade Organization.

Wednesday, August 20, 2014 2:40AM CDT
Monday, August 18, 2014 1:18AM CDT

DTN Ag Headline News
Beef Checkoff Effort Frayed
Farming on the Mother Road-6
Nebraska Cultivar Provides Promise
View From the Cab
Pick Contingency Plans - 3
Farming on the Mother Road - 5
Pick Contingency Plans - 2
Local Crop Reports
Public Weighing in on Biotech

DTN Market News
StatsCan Reports Canadian Production to fall Below Expectations
DTN Early Word Grains 08/21 05:58
DTN Midday Grain Comments 08/21 11:31
DTN Closing Grain Comments 08/21 13:47
DTN Cattle Close/Trends 08/21 15:24
DTN Early Word Opening Livestock 08/21 06:03
DTN Midday Livestock Comments 08/21 12:02
DTN Closing Livestock Comment 08/21 16:18
DTN Chart Technical Points 08/21 16:30
DTN Feeder Pig Index

Headline News
Israel Airstrike Kills 3 Hamas Leaders 08/21 06:25
US Special Ops Failed to Find Hostages 08/21 06:19
American Doctor Recovers From Ebola 08/21 06:33
Holder Offers Reassurance in Ferguson 08/21 06:28
Fierce Battles Reported in Ukraine 08/21 06:23
Survey: Eurozone Growing Slowly 08/21 06:32
Pakistan Holds Talks With Protesters 08/21 06:27
Stocks Advance; S&P 500 at Record High 08/21 16:03

DTN Market Matters Blog
Katie Micik Bio
Markets Editor
Thursday, August 21, 2014 7:38PM CDT

Editor's Note: DTN Canadian Grains Analyst Cliff Jamieson, who usually blogs for DTN's Canada Grains Pro site, wrote today on Statistics Canada releasing its first report of expected 2014 production levels for Canadian crops. The report was based on results from a survey of 12,850 producers during the July 23 to Aug. 4 period. We're sharing the comments with U.S. customers interested in how Canada's harvest might affect world grain and oilseed stocks.

Monday, August 18, 2014 7:29PM CDT
Friday, August 8, 2014 7:17PM CDT

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


CALENDAR
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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
Sep 14 546'0 552'0 545'4 548'2 2'0 546'2 12:42A Chart for @W4U Options for @W4U
Dec 14 555'0 561'0 555'0 556'4 1'0 555'4 12:42A Chart for @W4Z Options for @W4Z
Mar 15 572'4 577'2 572'2 573'0 0'6 572'2 12:42A Chart for @W5H Options for @W5H
May 15 583'2 586'4 582'6 583'2 1'2 582'0 12:42A Chart for @W5K Options for @W5K
Jul 15 593'6 593'6 589'4 593'6 4'4 589'2 12:42A Chart for @W5N Options for @W5N
Sep 15 600'2 603'4 600'2 600'2 0'0 600'2 12:42A Chart for @W5U Options for @W5U
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Sep 14 622'0 627'4 621'2 623'0 1'0 622'0 12:30A Chart for @KW4U Options for @KW4U
Dec 14 632'0 638'0 631'4 633'2 1'0 632'2 12:42A Chart for @KW4Z Options for @KW4Z
Mar 15 640'2 643'6 639'4 642'0 1'6 640'2 12:30A Chart for @KW5H Options for @KW5H
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Sep 14 615'4 620'0 615'4 620'0 4'2 615'6 12:42A Chart for @MW4U Options for @MW4U
Dec 14 623'0 627'0 623'0 623'2 0'2 623'0 12:42A Chart for @MW4Z Options for @MW4Z
Mar 15 636'0 636'0 636'0 636'0 2'0 634'0 12:42A Chart for @MW5H Options for @MW5H
May 15 641'0 643'0 640'0 642'0 3'0 642'6s 12:42A Chart for @MW5K Options for @MW5K
Jul 15 654'6 654'6 654'6 654'6 4'6 650'0 12:42A Chart for @MW5N Options for @MW5N
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Sep 14 361'2 364'6 361'2 364'0 1'6 362'2 12:40A Chart for @C4U Options for @C4U
Dec 14 368'0 371'0 368'0 370'2 1'2 369'0 12:41A Chart for @C4Z Options for @C4Z
Mar 15 380'6 383'4 380'4 382'6 1'0 381'6 12:41A Chart for @C5H Options for @C5H
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Sep 14 1137'0 1150'4 1137'0 1149'0 12'6 1136'2 12:33A Chart for @S4U Options for @S4U
Nov 14 1038'0 1045'0 1037'6 1042'0 3'6 1038'2 12:42A Chart for @S4X Options for @S4X
Jan 15 1045'2 1052'2 1045'0 1048'6 3'4 1045'2 12:42A Chart for @S5F Options for @S5F
Mar 15 1052'0 1059'0 1052'0 1055'6 3'4 1052'2 12:42A Chart for @S5H Options for @S5H
May 15 1057'6 1064'2 1057'6 1060'2 2'4 1057'6 12:42A Chart for @S5K Options for @S5K
@O - OATS - CBOT
Month Open High Low Last Change Close Time More
Sep 14 376'2 376'2 376'2 376'2 0'0 376'2 12:43A Chart for @O4U Options for @O4U
Dec 14 348'2 352'4 347'2 352'4 4'2 348'2 12:42A Chart for @O4Z Options for @O4Z
Mar 15 330'6 334'4 330'6 334'0 2'4 331'4 08/21 Chart for @O5H Options for @O5H
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Aug 14 149.675 149.675 149.600 149.650 149.650 08/21 Chart for @LE4Q Options for @LE4Q
Oct 14 145.600 145.850 145.550 145.650 0.100 145.550 12:42A Chart for @LE4V Options for @LE4V
Dec 14 148.600 148.675 148.500 148.500 - 0.100 148.600 12:42A Chart for @LE4Z Options for @LE4Z
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Aug 14 215.425 215.700 215.350 215.500 0.300 215.200 08/21 Chart for @GF4Q Options for @GF4Q
Sep 14 209.500 209.700 209.300 209.500 0.075 209.425 12:41A Chart for @GF4U Options for @GF4U
Oct 14 208.600 208.900 208.400 208.650 0.050 208.600 08/21 Chart for @GF4V Options for @GF4V
My Custom Markets
Symbol Open High Low Last Change Close Time More

Seed News


For more information on WSU Crop Tours click below
http://variety.wsu.edu/tours/index.html

 


JR MILLER FARM 2012 TEST PLOT RESULTS

WINTER CANOLA 2012 TEST PLOT RESULTS
 
Please call with any questions or suggestions.

509-253-4604      Office
509-348-0060      Cell

2009 Winter soft white test plot results.


Contact Paul Porter at the Harrington Seed Plant to inquire about available spring seed and pricing. 509-253-4604

 


Canola Link

 


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

Local Conditions
Odessa, WA
Chg Zip Code: 
Temp: 69oF Feels Like: 69oF
Humid: 49% Dew Pt: 49oF
Barom: 29.86 Wind Dir: N
Cond: N/A Wind Spd: 23 mph
Sunrise: 6:03 Sunset: 7:56
As reported at MOSES LAKE, WA at 10:00 PM
 
Local Radar
Odessa, WA
Radar
 
Local Forecast
Odessa, WA

Friday

Saturday

Sunday

Monday

Tuesday
High: 82°F
Low: 58°F
Precip: 46%
High: 84°F
Low: 57°F
Precip: 0%
High: 84°F
Low: 56°F
Precip: 0%
High: 87°F
Low: 57°F
Precip: 0%
High: 90°F
Low: 57°F
Precip: 0%
View complete Local Weather
 
DTN Weather Summary
Scattered T-Storms Friday
Bryce Anderson (Bio) – DTN Meteorologist

Scattered showers and thunderstorms are expected during Friday in the west and south areas of the Northern Plains and through the northwest part of the central Plains. A few showers and thundershowers are also possible over portions of the northeast and east-central Midwest Friday. » More DTN Weather Commentary

Posted at 12:36PM Thu Aug 21, 2014 CDT

Did You Know?

In 1854 the self-governing windmill was perfected


Fact courtesy of the USDA


This Day In History
August 22, 1975
Assassination attempt on president Gerald Ford

more info



Did You Know?

In 1880 evaporated milk was developed


Fact courtesy of the USDA


 
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