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News and Information


10/20/14

Market News

Wheat futures closed slightly lower in Chicago and Minn, mixed in K.C. but off their session lows.  Wheat traded lower in the overnight session and opened lower and traded lower for most of the session.  Trading was relatively light.  Export inspections came in at 17.7 million bu for wheat including 3.1 million bu for Soft White.  Corn inspections were 28.3 million bu and soybeans inspections were 73.2 million including 24.5 million bu off the PNW.  Corn closed slightly higher after trading lower for most of the session also.  Soybeans closed lower.  After the close the Weekly Crop Progress Report showed corn harvest now 31% complete vs the 5 year average of 53%.  Soybean harvest is now 53% done vs the average of 66%.  Winter wheat planting is 76% finished nationwide which is right at the 5 year average.  Locally the forecast is calling for a good chance for rains in our area over the next 5 days.  Keep your fingers crossed.


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
 03:02
10/22/2014 Favorable Ethanol News Wednesday
 02:56
10/22/2014 Wetter 10-Day Forecast Wednesday
 01:27
10/22/2014 Good Soybean Demand Wednesday
 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
Shatter-Prone Soybeans
Court Tosses E15 Labeling Lawsuit
Ranch Hands
USDA Rolls Out APH Exclusion
A Shop Divided
DTN Retail Fertilizer Trends
WTO Rules Against US COOL
Advocating for Biotech Wheat
Brazil Soy Crop Just 10% Planted

DTN Market News
Acreage Arguments
DTN Early Word Grains 10/23 05:57
DTN Midday Grain Comments 10/22 11:06
DTN Closing Grain Comments 10/22 13:57
DTN Cattle Close/Trends 10/22 15:35
DTN Early Word Opening Livestock 10/23 06:26
DTN Midday Livestock Comments 10/22 11:54
DTN Closing Livestock Comment 10/22 15:20
DTN Chart Technical Points 10/22 16:30
DTN Feeder Pig Index

Headline News
Social Security to go up 1.7% 10/22 08:27
Hungry Liberians May Break Out 10/23 07:18
Canada Attack Stirs Terror Fears 10/23 07:04
8 Shiite Muslims Killed in Pakistan 10/23 06:34
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
Global Stocks Fall on Slump in Oil 10/23 06:43

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 14 520'2 525'0 519'2 523'2 1'0 522'2 07:45A Chart for @W4Z Options for @W4Z
Mar 15 534'6 538'4 533'2 537'0 1'0 536'0 07:45A Chart for @W5H Options for @W5H
May 15 543'4 545'4 541'2 543'4 -0'2 543'6 07:45A Chart for @W5K Options for @W5K
Jul 15 548'6 551'6 547'2 549'4 -0'2 549'6 07:45A Chart for @W5N Options for @W5N
Sep 15 560'0 561'0 560'0 560'4 1'0 559'4 07:45A Chart for @W5U Options for @W5U
Dec 15 572'4 572'4 572'4 572'4 0'6 571'6 07:45A Chart for @W5Z Options for @W5Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
Dec 14 604'0 606'0 602'2 603'6 -1'4 605'2 07:45A Chart for @KW4Z Options for @KW4Z
Mar 15 604'2 606'6 604'0 605'0 -1'2 606'2 07:45A Chart for @KW5H Options for @KW5H
May 15 603'0 604'6 602'2 602'4 -2'4 605'0 07:45A Chart for @KW5K Options for @KW5K
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
Dec 14 568'6 571'2 567'0 570'0 1'2 568'6 07:45A Chart for @MW4Z Options for @MW4Z
Mar 15 577'2 580'4 577'2 579'2 1'0 578'2 07:45A Chart for @MW5H Options for @MW5H
May 15 585'4 586'6 584'6 585'4 0'0 585'4 07:45A Chart for @MW5K Options for @MW5K
Jul 15 594'2 593'4 Chart for @MW5N Options for @MW5N
Sep 15 600'0 609'4 599'4 601'2 -0'6 601'0s 07:45A Chart for @MW5U Options for @MW5U
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Dec 14 352'0 354'4 351'0 353'6 0'6 353'0 07:45A Chart for @C4Z Options for @C4Z
Mar 15 366'0 368'2 365'0 367'2 0'2 367'0 07:45A Chart for @C5H Options for @C5H
May 15 374'6 377'0 374'0 376'2 0'2 376'0 07:45A Chart for @C5K Options for @C5K
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Nov 14 960'6 967'4 956'0 966'0 3'2 962'6 07:47A Chart for @S4X Options for @S4X
Jan 15 967'6 974'2 963'0 972'6 3'0 969'6 07:45A Chart for @S5F Options for @S5F
Mar 15 975'0 981'6 970'4 980'2 3'2 977'0 07:45A Chart for @S5H Options for @S5H
May 15 982'0 989'4 978'6 986'6 2'0 984'6 07:45A Chart for @S5K Options for @S5K
Jul 15 988'6 996'4 985'2 995'2 4'2 991'0 07:45A Chart for @S5N Options for @S5N
@O - OATS - CBOT
Month Open High Low Last Change Close Time More
Dec 14 353'6 356'0 353'6 356'0 2'0 354'0 07:45A Chart for @O4Z Options for @O4Z
Mar 15 340'0 342'4 340'0 342'4 2'0 340'4 07:45A Chart for @O5H Options for @O5H
May 15 333'0 -0'2 333'4s 07:45A Chart for @O5K Options for @O5K
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 168.400 168.550 168.075 168.550 0.500 168.050 07:51A Chart for @LE4V Options for @LE4V
Dec 14 168.400 168.650 168.175 168.550 0.450 168.100 07:51A Chart for @LE4Z Options for @LE4Z
Feb 15 167.600 167.900 167.575 167.875 0.250 167.625 07:51A Chart for @LE5G Options for @LE5G
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
Oct 14 240.000 240.800 239.500 240.550 1.100 239.450 07:50A Chart for @GF4V Options for @GF4V
Nov 14 235.600 236.550 235.600 236.275 1.100 235.175 07:52A Chart for @GF4X Options for @GF4X
Jan 15 229.675 230.500 229.675 230.250 0.975 229.275 07:52A 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: 53oF Feels Like: 53oF
Humid: 74% Dew Pt: 45oF
Barom: 29.73 Wind Dir: SW
Cond: N/A Wind Spd: 7 mph
Sunrise: 7:27 Sunset: 5:55
As reported at MOSES LAKE, WA at 5:00 AM
 
Local Radar
Odessa, WA
Radar
 
Local Forecast
Odessa, WA

Thursday

Friday

Saturday

Sunday

Monday
High: 63°F
Low: 48°F
Precip: 25%
High: 60°F
Low: 39°F
Precip: 20%
High: 61°F
Low: 44°F
Precip: 77%
High: 58°F
Low: 44°F
Precip: 0%
High: 57°F
Low: 35°F
Precip: 20%
View complete Local Weather
 
DTN Weather Summary
Rain Thursday Northern, Western Midwest
Bryce Anderson (Bio) – DTN Meteorologist

Most U.S. and Canada crop areas will be dry Thursday except for some light rain in the Pacific Northwest and in the western and northern Midwest. » More DTN Weather Commentary

Posted at 6:05AM Thu Oct 23, 2014 CDT

Did You Know?

In 1879 formalized veterinary education began at Iowa State College, making it the oldest state veterinary college


Fact courtesy of the USDA


This Day In History
October 23, 1954
Britain, England, France & USSR agree to end occupation of Germany

more info



Did You Know?

In 1980 the Supreme Court ruled that microbes created by genetic engineering could be patented


Fact courtesy of the USDA


 
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