Good Morning

February 22, 2019 




Grain Bids
Delivery End Notes Basis Cash Price Delivery Start

Quotes retrieved on February 22, 2019, 12:38:29 PM CST
All grain prices are subject to change at any time.
Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.
Market News

The IGC has pegged the 2018/19 world wheat production at 735 million tonnes, thats down 2.0 million from their previous estimate.  The Argentine wheat crop grows on favorable weather.  Japan is in this week for 92tmt of optional origin wheat.  The US has been on the back end of these tenders for the past year or two, about the time we broke away from the TPP.  Negotiators for the US and China continue to meet trying to hammer out a deal ahead of the March 1st deadline when another round of tariffs are scheduled to be implemented.  Comments from the talks say there are major differences on key topics.  The US dollar index is down very little to start the day, the financial markets are all up, that includes both gold and crude oil.

 0 up 2 down per 1/4%  Base 14.0%
 5 up 10 down per 1/2%  Base 11.5%

Off Coast Rates:
Central Ferry:
.545 cents / bu. WHT $21.00 / ton BLY
.665 cents / bu. WHT $21.00 / ton BLY

February Fuel Surcharge: -.0220 cents/bu. Wht  -0.8364 cents/ton Bly

Prices this time last year
SWH: $5.60  Bly: $140  DNS: $7.33  HRW $6.26
Main Office:  (509) 843-1694
Farm Commodities:  (509) 397-9239
Central Ferry:  (509) 843-3851
Green Berry:  (509) 843-3601
Prices are updated at least twice daily and are subject to change without notice. The comments and opinions expressed on this web page are in view of the current market situation. These comments are for your information only. Thank you.


Dow Jones

Futures Table
Quotes retrieved on February 22, 2019, 12:38:29 PM CST
Current Weather

Pomeroy, Washington (99347)

Current Conditions: Sunny
Temperature: 24°F Dew point: 15°F
Humidity: 68% Pressure: 30.09 in. Hg
Wind: 8 mph From: East



Hi: 37°
Lo: 26°

Hi: 35°
Lo: 28°

Hi: 32°
Lo: 24°

Hi: 29°
Lo: 20°

Hi: 28°
Lo: 18°

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Market Snapshot
Quotes retrieved on February 22, 2019, 12:38:29 PM CST
Market Commentary
Wheat Market News and Commentary -

Wheat futures are trading steady to 5 cents higher in the winter wheat contracts, with MPLS the leader to the upside, up 9 to 15 cents. The now up

Cotton Market News and Commentary -

Cotton futures are mixed at midday, with nearby March down 19 points and October up 80 points on thin trade. The Cotlook A Index was UNCH on

Soybean Market News and Commentary -

Soybean futures are up 1 to 2 cents in most contracts on Friday. Meal futures are UNCH in the nearby contract, with soy oil 2 points lower. Export

Corn Market News and Commentary -

Corn futures are showing fractional to 1 cent gains in most contracts at midday. This morning’s Export Sales report showed old crop sales

Lean Hogs Market News and Commentary -

Lean Hog futures are mixed on Friday, with front months steady to 42.5 cents lower and back months slightly higher. The CME Lean Hog Index was down

Cattle Market News and Commentary -

Live cattle futures are steady to 85 cents higher in most nearby contracts on Friday. Feeder cattle futures are mixed, with front months 22.5 to 25

Full commentary...