Friday, October 31, 2014  
 
 
Local Cash Bids
 
  ODESSA REARDAN
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NOV Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart
DEC Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart
JAN 15 Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart Chart
AUG 15 Chart Chart Chart Chart Chart       Chart Chart Chart Chart Chart    
OCT-DEC 15             Chart                
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News and Information


10/28/14

Market News

Wheat was the leader today in the grain futures closing strongly higher.  Corn and soybeans were sharply higher overnight along with wheat, but both corn and soybeans started to back off at mid session on some profit taking but still managed to close slightly higher.  Wheat also backed off at mid session but firmed back up heading into the close.  Support came from a lower U.S. Dollar, higher commodity prices, higher French wheat futures and lower Australia production estimates.  Private sources now put the Australian wheat crop at 22 to 23 million metric tons.  The USDA is still forecasting a 25 million ton crop. 


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.

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DTN Ag Policy Blog
Chris Clayton Bio
DTN Ag Policy Editor
Thursday, October 30, 2014 7:49PM CDT

Fights about labels are just all the rage right now.

Tuesday, October 28, 2014 8:10PM CDT
Monday, October 27, 2014 8:43PM CDT

DTN Ag Headline News
Costs Slow to Realign
Crop Tech Corner
DTN Distillers Grain Weekly Update
Kansas Points Out CWA Flaws
Vilsack on Future of Farming
GMOs Confuse China Consumers, Too
DTN Fertilizer Outlook
Kub's Den
Todd's Take

DTN Market News
Daily Price Limits to Shrink Over Weekend
DTN Early Word Grains 10/31 05:56
DTN Midday Grain Comments 10/31 11:17
DTN Closing Grain Comments 10/31 13:47
DTN Cattle Prices/Trends 10/31 13:55
DTN Early Word Opening Livestock 10/31 06:03
DTN Midday Livestock Comments 10/31 11:59
DTN Closing Livestock Comment 10/30 15:25
DTN Chart Technical Points 10/30 16:30
DTN Feeder Pig Index

Headline News
Economy, Health Care Top Poll 10/31 06:05
Japan Expands Stimulus to Spur Recovery10/31 06:12
Africans Worst Responders to Ebola 10/31 06:01
Bombs Near Baghdad Kill 9 People 10/31 06:08
Heavy Security as Israel Reopens Site 10/31 06:11
Russia: Gas Resumes After Ukraine Pays 10/31 06:04
Manhunt Ends for Trooper Ambush Suspect10/31 06:07
Japan Stocks Up, Yen Down on Stimulus 10/31 07:26

DTN Market Matters Blog
Katie Micik Bio
Markets Editor
Thursday, October 30, 2014 4:10PM CDT

We haven't seen many limit up or limit down moves in the grain markets lately, even after USDA reports. The record corn and soybean harvests are a supply factor that's hard to outweigh. And as prices have fallen, so shall the daily futures price limit.

Monday, October 27, 2014 4:21PM CDT
Friday, October 17, 2014 7:21PM 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 14 536'0 539'0 523'0 531'6 -3'4 532'4s 01:35P Chart for @W4Z Options for @W4Z
Mar 15 549'0 552'0 536'4 545'0 -3'2 545'6s 01:35P Chart for @W5H Options for @W5H
May 15 558'0 559'0 544'4 552'2 -3'6 553'2s 01:35P Chart for @W5K Options for @W5K
Jul 15 564'0 567'0 552'0 558'2 -4'4 560'2s 01:35P Chart for @W5N Options for @W5N
Sep 15 576'0 577'0 563'0 567'4 -4'6 570'4s 01:35P Chart for @W5U Options for @W5U
Dec 15 590'0 590'0 575'4 581'0 -4'4 583'0s 01:35P Chart for @W5Z Options for @W5Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Dec 14 601'2 603'4 587'0 591'6 -8'2 593'6s 01:35P Chart for @KW4Z Options for @KW4Z
Mar 15 606'4 608'0 593'0 597'0 -8'2 599'0s 01:35P Chart for @KW5H Options for @KW5H
May 15 609'2 609'4 595'6 600'4 -7'6 601'4s 01:35P Chart for @KW5K Options for @KW5K
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Dec 14 577'0 578'2 567'0 574'2 -3'4 574'2s 01:31P Chart for @MW4Z Options for @MW4Z
Mar 15 588'6 589'0 577'4 584'0 -4'2 584'4s 01:31P Chart for @MW5H Options for @MW5H
May 15 598'4 598'4 587'2 593'6 -4'4 593'0s 01:31P Chart for @MW5K Options for @MW5K
Jul 15 607'4 607'4 596'6 601'4 -5'0 602'2s 01:31P Chart for @MW5N Options for @MW5N
Sep 15 612'4 612'4 605'0 607'6 -5'2 610'2s 01:31P Chart for @MW5U Options for @MW5U
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 14 372'6 378'0 368'0 376'2 2'6 376'6s 02:34P Chart for @C4Z Options for @C4Z
Mar 15 385'4 390'2 380'6 388'6 2'2 389'2s 02:30P Chart for @C5H Options for @C5H
May 15 394'0 398'6 389'4 397'2 2'2 398'0s 02:30P Chart for @C5K Options for @C5K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 14 1023'0 1052'2 1012'2 1041'0 22'2 1046'4s 01:30P Chart for @S4X Options for @S4X
Jan 15 1028'2 1054'0 1016'4 1042'4 19'4 1049'2s 02:35P Chart for @S5F Options for @S5F
Mar 15 1034'2 1058'2 1023'0 1047'0 17'2 1053'2s 01:30P Chart for @S5H Options for @S5H
May 15 1040'6 1062'6 1029'6 1052'0 15'4 1058'0s 01:30P Chart for @S5K Options for @S5K
Jul 15 1047'2 1067'2 1035'0 1056'6 14'4 1062'6s 01:30P Chart for @S5N Options for @S5N
@O - OATS - CBOT
Month Open High Low Last Change Close Time More
Dec 14 339'0 339'0 335'4 336'2 -2'2 336'2s 01:35P Chart for @O4Z Options for @O4Z
Mar 15 331'0 331'0 327'4 329'0 -2'2 329'0s 01:35P Chart for @O5H Options for @O5H
May 15 325'2 326'4 325'2 325'4 0'0 326'0s 01:35P Chart for @O5K Options for @O5K
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 171.000 171.975 168.000 169.750 - 1.000 169.500 01:55P Chart for @LE4V Options for @LE4V
Dec 14 167.450 167.750 165.450 166.250 - 1.075 166.050 01:55P Chart for @LE4Z Options for @LE4Z
Feb 15 167.475 167.800 165.525 166.200 - 1.275 166.100 01:55P Chart for @LE5G Options for @LE5G
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Nov 14 235.225 236.425 233.575 234.600 0.375 234.150 01:55P Chart for @GF4X Options for @GF4X
Jan 15 229.300 230.800 227.625 228.900 0.425 228.475 01:55P Chart for @GF5F Options for @GF5F
Mar 15 226.975 228.075 225.050 226.100 225.750 01:55P Chart for @GF5H Options for @GF5H
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: 52oF Feels Like: 52oF
Humid: 93% Dew Pt: 50oF
Barom: 29.75 Wind Dir: SSE
Cond: N/A Wind Spd: 6 mph
Sunrise: 7:39 Sunset: 5:42
As reported at MOSES LAKE, WA at 12:00 PM
 
Local Radar
Odessa, WA
Radar
 
Local Forecast
Odessa, WA

Friday

Saturday

Sunday

Monday

Tuesday
High: 58°F
Low: 48°F
Precip: 77%
High: 58°F
Low: 40°F
Precip: 0%
High: 56°F
Low: 32°F
Precip: 0%
High: 53°F
Low: 32°F
Precip: 35%
High: 59°F
Low: 41°F
Precip: 79%
View complete Local Weather
 
DTN Weather Summary
Rain, Snow Saturday in Eastern Midwest
Bryce Anderson (Bio) – DTN Meteorologist

Most crop areas to have dry conditions favorable for planting this weekend, but the eastern Midwest will see rain and snow. » More DTN Weather Commentary

Posted at 2:08PM Fri Oct 31, 2014 CDT

Did You Know?

In 1810 the first American agricultural periodical, the Agricultural Museum, began publication


Fact courtesy of the USDA


This Day In History
October 31, 1900
AL President Ban Johnson writes to NL President Nick Young seeking peace

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Did You Know?

In 1928 the Buchanan Amendment provided the first Congressional appropriation for soil erosion research by USDA


Fact courtesy of the USDA


 
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