Wednesday, October 1, 2014  
 
 
Local Cash Bids
 
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News and Information


09/30/14

Market News

Wheat futures closed lower along with corn and soybeans in the wake of this morning's USDA Grain Stocks and Small Grains Summary.  Wheat and corn stocks came on the high side of estimates.  Wheat stocks on Sept 1st were 1.91 billion bu vs the trade guess of 1.89.  Corn stocks were 1.24 billion bu vs the trade guess of 1.18 billion bu.  Total wheat production came in at 2.035 billion bu, about as expected.  USDA did lower white wheat production nearly 20 million bu from last month and over 40 million bu from last year's white wheat crop.  Corn and soybeans were also pressured by the ongoing record harvest.  A stronger U.S. Dollar and sharply lower oil prices also pressured the grain markets.    



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
 03:29
9/30/2014 Grains Lower Tuesday
 02:53
10/01/2014 Wet Harvest Pattern Wednesday
 01:25
9/30/2014 Grains Slump Tuesday
 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, September 30, 2014 9:35PM CDT

A coalition of 63 business groups representing everything from farm organizations to oil and natural gas groups, as well as homebuilders, mining, manufacturing and even golf-course trade groups all joined to write federal regulators on Monday again asking them to withdraw the proposed rule redefining waters of the United States.

Monday, September 29, 2014 4:23PM CDT
Friday, September 26, 2014 1:42AM CDT

DTN Ag Headline News
DTN Retail Fertilizer Trends
USDA Reports Summary
High-Oleic Hopes
Shifts in Corn Consumption
Elevators Full; Grains Get Grounded
What's a Soybean Worth?
USDA Weekly Crop Progress
Sizing Up SDS
Nebraska Climate Effects

DTN Market News
Industrial Reports to Make a Comeback in 2015
DTN Early Word Grains 10/01 05:56
DTN Midday Grain Comments 09/30 10:48
DTN Closing Grain Comments 09/30 13:53
DTN Cattle Prices/Trends 10/01 08:30
DTN Early Word Opening Livestock 10/01 06:17
DTN Midday Livestock Comments 09/30 11:51
DTN Closing Livestock Comment 09/30 16:17
DTN Chart Technical Points 09/30 16:30
DTN Feeder Pig Index

Headline News
Q & A About US Ebola Case 10/01 07:20
Details of Security Breaches Evolve 10/01 07:15
UN: 1,119 Iraqis Killed in September 10/01 07:06
Taliban Bombers Kill 7 in Kabul 10/01 07:24
Obama Seeks Traction on Economy 10/01 08:11
Taiwan Supports Hong Kong Democracy 10/01 07:04
Bombs Launch Amid Intelligence Gaps 10/01 08:09
US Stocks Sink on Global Economic Woes 10/01 10:49

DTN Market Matters Blog
Katie Micik Bio
Markets Editor
Tuesday, September 30, 2014 1:10PM CDT

Agriculture industrial reports on wet and dry ethanol milling, flour milling, oilseed crush and cotton suffered from the Census Bureau's budgetary axe in 2011, but USDA announced on Monday it's ready to put the reports on 2015 calendar.

Monday, September 29, 2014 4:23PM CDT
Friday, September 26, 2014 3:34PM 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
Dec 14 476'6 481'0 469'4 480'4 2'6 477'6 11:02A Chart for @W4Z Options for @W4Z
Mar 15 490'2 494'2 483'0 493'4 3'0 490'4 11:02A Chart for @W5H Options for @W5H
May 15 499'0 502'6 492'0 502'6 4'0 498'6 11:02A Chart for @W5K Options for @W5K
Jul 15 504'4 510'0 499'6 510'0 5'4 504'4 11:02A Chart for @W5N Options for @W5N
Sep 15 513'4 521'0 511'4 517'2 1'6 515'4 11:02A Chart for @W5U Options for @W5U
Dec 15 529'4 537'6 527'4 535'6 4'0 531'6 11:02A Chart for @W5Z Options for @W5Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Dec 14 556'4 561'0 550'0 560'6 2'6 558'0 11:02A Chart for @KW4Z Options for @KW4Z
Mar 15 561'2 564'4 554'0 564'4 2'6 561'6 11:02A Chart for @KW5H Options for @KW5H
May 15 564'6 567'0 557'6 567'0 2'2 564'6 11:02A Chart for @KW5K Options for @KW5K
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Dec 14 533'2 534'6 525'0 534'6 1'2 533'4 11:02A Chart for @MW4Z Options for @MW4Z
Mar 15 548'2 550'6 541'0 549'6 1'4 548'2 11:02A Chart for @MW5H Options for @MW5H
May 15 556'6 561'6 553'2 556'4 -2'6 559'2 11:02A Chart for @MW5K Options for @MW5K
Jul 15 567'0 572'6 564'4 568'4 -1'6 570'2 11:01A Chart for @MW5N Options for @MW5N
Sep 15 578'2 584'0 575'2 580'0 -1'0 581'0 11:02A Chart for @MW5U Options for @MW5U
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 14 320'2 322'2 318'2 322'0 1'2 320'6 11:02A Chart for @C4Z Options for @C4Z
Mar 15 332'4 335'0 330'4 334'4 1'0 333'4 11:02A Chart for @C5H Options for @C5H
May 15 341'0 343'4 339'2 343'0 1'0 342'0 11:02A Chart for @C5K Options for @C5K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 14 911'0 915'6 904'0 913'2 0'0 913'2 11:02A Chart for @S4X Options for @S4X
Jan 15 919'0 924'2 912'2 921'4 0'2 921'2 11:02A Chart for @S5F Options for @S5F
Mar 15 927'0 932'6 920'6 930'4 0'6 929'6 11:02A Chart for @S5H Options for @S5H
May 15 935'0 940'4 928'6 938'4 0'4 938'0 11:02A Chart for @S5K Options for @S5K
Jul 15 942'2 947'0 935'2 944'2 -0'2 944'4 11:02A Chart for @S5N Options for @S5N
@O - OATS - CBOT
Month Open High Low Last Change Close Time More
Dec 14 334'0 347'2 331'0 339'2 3'6 335'4 11:01A Chart for @O4Z Options for @O4Z
Mar 15 322'4 330'4 316'4 325'0 2'4 322'4 10:56A Chart for @O5H Options for @O5H
May 15 319'2 319'2 319'2 319'2 2'6 316'4 10:54A Chart for @O5K Options for @O5K
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 160.225 162.050 159.925 162.050 1.600 160.450 11:02A Chart for @LE4V Options for @LE4V
Dec 14 163.350 165.450 163.275 165.425 1.950 163.475 11:02A Chart for @LE4Z Options for @LE4Z
Feb 15 163.925 165.450 163.600 165.400 1.425 163.975 11:02A Chart for @LE5G Options for @LE5G
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 235.550 238.425 235.150 238.425 3.000 235.425 11:02A Chart for @GF4V Options for @GF4V
Nov 14 235.025 238.050 234.350 238.050 3.000 235.050 11:02A Chart for @GF4X Options for @GF4X
Jan 15 228.950 231.775 228.300 231.775 3.000 228.775 11:02A Chart for @GF5F Options for @GF5F
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: 43oF Feels Like: 39oF
Humid: 82% Dew Pt: 38oF
Barom: 30.13 Wind Dir: SE
Cond: N/A Wind Spd: 6 mph
Sunrise: 6:56 Sunset: 6:37
As reported at MOSES LAKE, WA at 8:00 AM
 
Local Radar
Odessa, WA
Radar
 
Local Forecast
Odessa, WA

Wednesday

Thursday

Friday

Saturday

Sunday
High: 72°F
Low: 43°F
Precip: 0%
High: 70°F
Low: 42°F
Precip: 0%
High: 74°F
Low: 39°F
Precip: 0%
High: 78°F
Low: 43°F
Precip: 0%
High: 79°F
Low: 44°F
Precip: 0%
View complete Local Weather
 
DTN Weather Summary
More Rain in W. Midwest Wednesday
Bryce Anderson (Bio) – DTN Meteorologist

A swath of moderate to locally heavy rain is in store for the western Midwest Wednesday. We'll also see light showers in the Canadian Prairies and dry conditions in the remainder of the primary U.S. crop areas. » More DTN Weather Commentary

Posted at 5:41AM Wed Oct 1, 2014 CDT

Did You Know?

In 1959 the mechanical tomato harvester was developed


Fact courtesy of the USDA


This Day In History
October 1, 1800
Spain cedes Louisiana to France in a secret treaty

more info



Did You Know?

In 1862 the U.S. Department of Agriculture was established


Fact courtesy of the USDA


 
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