Thursday, April 24, 2014  
 
 
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News and Information

04/22/2014

Notice:
Marketing Club Meetings


Thank you, Emily Gordon and Tom Benzel for great presentations!

 The May Marketing Club Meetings will be right after the May USDA Crop Production Report scheduled for Friday, May 9th
All Meetings will be from 7:00 am to 8:00 am
Please call the Odessa Office at 509-982-2691 if you are interested or have any questions
Hope to see you there

 

04/22/14

Market News


Wheat futures closed slightly higher, recovering a little from yesterday's hard sell off.  Concerns remain about the winter wheat crop in the Southern Plains and the 10 day forecasts calls for only a chance of rain in the driest areas.  Corn was higher today as yesterday's Crop Progress Report showed only 6% of the corn crop is planted nationwide vs the 5 year average of 14%.  Selling from the country has turned quiet again.

 
 
NOTICE
 Below is a link showing the test for falling numbers and the effect that falling numbers has on the end product.  If you have any questions please feel free to call the Odessa or Reardan office.

http://www.youtube.com/watch?v=YMjhdSskXP0



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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Headline News
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Possible Plane Material Near Australia 04/23 06:10
UN: Syria Aid Needs Largely Unanswered 04/23 06:16
Greece Reaches Financial Milestone 04/23 06:22
Stocks Edge to a Lower Close Wednesday 04/23 15:37

DTN Market Matters Blog
Katie Micik Bio
Markets Editor
Friday, April 18, 2014 5:53PM CDT

OMAHA (DTN) -- Farmers are getting frustrated. Not only are they unable to empty their grain bins due to delayed railcar placements, but they are also concerned that rail delays will limit their ability to get fertilizer for spring field work.

Monday, April 14, 2014 9:46PM CDT
Thursday, April 10, 2014 7:35PM 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
May 14 677'2 677'2 671'6 676'0 -0'4 676'4 04:35A Chart for @W4K Options for @W4K
Jul 14 683'2 683'4 677'6 682'6 0'0 682'6 04:35A Chart for @W4N Options for @W4N
Sep 14 691'0 692'4 687'2 691'6 0'0 691'6 04:35A Chart for @W4U Options for @W4U
Dec 14 706'6 706'6 701'4 705'6 0'0 705'6 04:35A Chart for @W4Z Options for @W4Z
Mar 15 715'0 719'2 714'6 718'6 0'0 718'6 04:35A Chart for @W5H Options for @W5H
May 15 719'2 723'6 719'2 719'4 -3'6 723'2 04:35A Chart for @W5K Options for @W5K
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Close Time More
May 14 746'6 746'6 741'0 742'6 -3'0 745'6 04:34A Chart for @KW4K Options for @KW4K
Jul 14 750'6 750'6 745'4 750'0 -0'4 750'4 04:35A Chart for @KW4N Options for @KW4N
Sep 14 757'2 757'2 752'6 756'4 -1'0 757'4 04:34A Chart for @KW4U Options for @KW4U
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Close Time More
May 14 723'4 723'4 720'0 720'0 -4'2 724'2 04:34A Chart for @MW4K Options for @MW4K
Jul 14 726'0 726'4 722'6 726'4 -0'2 726'6 04:34A Chart for @MW4N Options for @MW4N
Sep 14 735'0 735'0 730'4 732'4 -1'4 734'0 04:34A Chart for @MW4U Options for @MW4U
Dec 14 743'6 744'0 Chart for @MW4Z Options for @MW4Z
Mar 15 751'0 751'6 Chart for @MW5H Options for @MW5H
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
May 14 502'6 504'4 502'0 504'2 0'6 503'4 04:34A Chart for @C4K Options for @C4K
Jul 14 508'2 510'4 508'0 510'2 0'6 509'4 04:34A Chart for @C4N Options for @C4N
Sep 14 505'4 508'0 505'4 507'0 -0'2 507'2 04:34A Chart for @C4U Options for @C4U
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
May 14 1468'4 1472'6 1464'0 1467'4 -1'0 1468'4 04:34A Chart for @S4K Options for @S4K
Jul 14 1463'6 1468'6 1460'4 1463'4 -1'2 1464'6 04:34A Chart for @S4N Options for @S4N
Aug 14 1400'0 1403'0 1397'0 1399'4 -1'0 1400'4 04:34A Chart for @S4Q Options for @S4Q
Sep 14 1285'2 1287'0 1279'2 1281'6 -3'6 1285'4 04:31A Chart for @S4U Options for @S4U
Nov 14 1226'6 1229'2 1219'0 1222'2 -5'2 1227'4 04:34A Chart for @S4X Options for @S4X
@O - OATS - CBOT
Month Open High Low Last Change Close Time More
May 14 407'0 413'0 405'0 408'2 -0'6 409'0 04:24A Chart for @O4K Options for @O4K
Jul 14 360'2 360'2 358'6 358'6 -1'2 360'0 04:07A Chart for @O4N Options for @O4N
Sep 14 346'6 348'6 Chart for @O4U Options for @O4U
@LE - LIVE CATTLE - CME
Month Open High Low Last Change Close Time More
Apr 14 143.850 143.950 143.850 143.950 0.025 143.925 04:34A Chart for @LE4J Options for @LE4J
Jun 14 135.250 135.300 135.100 135.250 0.150 135.100 04:34A Chart for @LE4M Options for @LE4M
Aug 14 134.100 134.225 134.075 134.175 - 0.025 134.200 04:34A Chart for @LE4Q Options for @LE4Q
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Close Time More
May 14 178.825 178.900 178.800 178.850 0.225 178.625 04:31A Chart for @GF4K Options for @GF4K
Aug 14 182.575 182.750 182.425 182.725 0.275 182.450 04:35A Chart for @GF4Q Options for @GF4Q
Sep 14 182.350 183.000 182.100 182.825 0.325 182.700s 04:34A Chart for @GF4U Options for @GF4U
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: 48oF Feels Like: 42oF
Humid: 93% Dew Pt: 46oF
Barom: 29.73 Wind Dir: SSE
Cond: N/A Wind Spd: 14 mph
Sunrise: 5:52 Sunset: 7:58
As reported at MOSES LAKE, WA at 2:00 AM
 
Local Radar
Odessa, WA
Radar
 
Local Forecast
Odessa, WA

Thursday

Friday

Saturday

Sunday

Monday
High: 66°F
Low: 45°F
Precip: 80%
High: 61°F
Low: 37°F
Precip: 0%
High: 65°F
Low: 37°F
Precip: 0%
High: 61°F
Low: 39°F
Precip: 30%
High: 65°F
Low: 36°F
Precip: 0%
View complete Local Weather
 
DTN Weather Summary
More Rain Thursday for Western Midwest
Bryce Anderson (Bio) – DTN Meteorologist

Northern and western areas got some rain Wednesday, and Thursday will see more of the same. Areas of the Southern Plains will also see some moisture. The eastern Midwest will be mostly dry. » More DTN Weather Commentary

Posted at 1:39PM Wed Apr 23, 2014 CDT

Did You Know?

In 1931 fungus that causes Dutch elm disease was introduced into the U.S.


Fact courtesy of the USDA


This Day In History
April 24, 1975
US performs nuclear test at Nevada Test Site

more info



Did You Know?

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


Fact courtesy of the USDA


 
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