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Hours:Pasco Office Hours: 7:00 AM to 4:00 PM Monday -Friday Pasco Elevator Hours: 7:00 AM to 5:00 PM Monday-Friday; Saturday & Sunday Closed Burbank Elevators Hours: 8:00 AM to 4:30 PM Monday-Friday; Saturday & Sunday Closed
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
Commentary
10/3/23: Fridays Small Grain report raised all US wheat production by 78 million bu, HRW SRW and DNS all saw increases. The fund’s added to their shorts on the bearish report and pushed wheat futures aggressively lower to values not seen since September of 2020. Monday saw a 15 cent dead cat bounce as the sell off felt over done, and today we float around unchanged. Corn followed wheat down and back up, with moderate moves comparatively. Corn futures are up 15 cents from the 4.70/4.75 mark established 2 weeks ago. $5 corn futures feels like it will be strong resistance if we get there. Anything north of $5 futures should be considered a strong selling opportunity especially with corn basis holding steady. Overall, a bearish demand picture has gotten more bearish and the USD continues to push highs. All rallies need to be sold until we see a fundamental change. **Please call for Corn BOLS
***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 October 04, 2023, 11:55:14 AM CDT or prior.
Commentary
Hog Market Firming Up on Wednesday -
Following a $9 pullback over the past 9 sessions, the hog futures are mostly higher on Wednesday. The Dec contract is 30c higher, while June ’24 Midweek Cotton Fading -Front month cotton futures are off both the session highs and session lows, with midday prices 25 to 39 point losses so far. That has Dec at a Cattle Mixed with Weaker Feeders through Midday -Fat cattle futures are currently up by 22 to 70 cents, with Dec just USDA confirmed 16k head of cash cattle sales on Tuesday, mostly from $182 - Midweek Corn Trading Both Sides -The corn futures are fractionally mixed through the Wednesday’s midday. The Dec contract has seen a 7 ¼ cent range so far. Weekly EIA data Mixed Day in Bean Market -The soybean futures are working both directions within 5 cents of UNCH so far. The nearby contracts are fractionally to 1 ¼ cents in the black, Wheat Back to Sliding Lower So Far -The wheat market is currently back in the red after a bounce on Tuesday. CBT SRW futures are 5 to 6 ¼ cents in the red. KC HRW is trading down by Full commentary... |
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