Hours: 

Pasco Office Hours: 7:00 AM to 4:00 PM Monday -Thursday 7:00 AM-12 PM Friday

Pasco Elevator Hours:  7:00 AM to 5:00 PM Monday-Thursday; Closed Friday Saturday & Sunday  

Burbank Elevators Hours: 7:00 AM to 4:30 PM Monday-Thursday; Closed Friday Saturday & Sunday 

NOTE: ALL PRICES ARE NOW DELIVERED PASCO, NOT PORTLAND 

Contact us if you want our bids sent by text or email daily  
Office #509-545-0900 & Elevator #509-545-5179
 
 
Call Tri-State Seed for all of your seed needs.
Contact Mason or John at 509-234-2500
 
 
*Office and Elevator closed Monday May 27th for Memorial Day Holiday 
 
Commentary

5/28/24: Same story, new day, Over the weekend Dryness in Russia (which has kept wheat futures firm all last week) continues... IKAR dropped Russian wheat production estimate to 81.5 MMT (down from 83.5 MMT mid last week). While the US markets were Closed Sunday Night into Monday day, MATIF rallied about 8 Euros or 20-22c and that is where our rally started overnight. Current Day session has given half of those gains back as we need to keep feeding the bull to keep the market running.

Couple big points to note here:

 

1.) IF the Russian Wheat crop Stabilizes at +80 MMT, we have likely priced the export balance table changes into the current price level and the problem of lighter production won't be felt for another 4 to 6 months, so we could see harvest pressure lean on these strong values as American growers turn grain into cash off the combine.

2.) IF Small crops get smaller and the final Russian number is closer to 75 MMT, there is likely a second price rally to be had and outside Fund Money more likley decides to flip from short positions to neutral or long and we could see an extended rally above fundamental prices that the new balance table would indicate. This would be a big win for American Growers with higher prices and strong yields (excluding those in SW Kansas, sorry). 

 

Final Point: We are in a full blown weather market with big swings---> This morning private vs public forecasting agents use different weather models...  each model is predicting different results for the 6-10 day forecasts so I would advise getting us sell orders if you want fills at levels above current values. 

* Please call with BOLS counts for the upcoming wheat harvest.

***Tri Cities Grain now offering Grain Settlement ACH Payments as well as Vendor ACH payments. 1 page form to fill out in order to set up the process.  Please call with any questions

Click here for the ACH Payment form

 

Cash Bids Delivered TCG; No Additional Fees or Fuel Surcharges Deducted

Quotes are on 15 min delay with futures markets.  Please call to confirm pricing 

Futures Quotes
Quotes are delayed, as of May 28, 2024, 06:32:49 PM CDT or prior.
Commentary
Feeders Were the Leaders to Start the Short Week -

Live cattle posted gains of 45 cent to $1.40 on the Tuesday session. Cash trade last week saw action at $187 in the south, with trade in the north

Cotton Post Gains, USDA Ratings Suggest Good Start to Growing Season -

Cotton futures came out of the Monday holiday with contracts posting 31 to 191 point gains. Outside factors are providing some support, with crude

Wheat Post Gains, But Far From Highs -

The wheat complex jumped out of three-day weekend, but the morning session brought along some heaviness, with contracts pulling well off the

Hogs Close Mixed on Tuesday -

Lean hogs saw mixed trade on Tuesday with front months down 7 to 80 cents and deferreds 7 to 17 points higher. USDA’s National Average Base Hog

Soybeans Pulled Lower By Meal Weakness -

Soybeans came out of the holiday weekend with contracts 2 to 18 ½ cents in the red, led by the front months on bear spreading. Soymeal was leading

Corn Closes Weaker, USDA shows Above Normal Planting Pace -

Corn futures faded off the overnight strength, with contracts closing 1 ¾ to 3 cents in the red. Most contracts closed near the lows and 6-8 cents

Full commentary...
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