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HoursPasco Office Hours: 7:00 AM to 4:00 PM Monday -FridayHarvest Hours: Pasco Elevator Hours: 7:00 AM to 9:00 PM Monday-SaturdayBurbank Elevator Hours: 8:00 AM to 6:00 PM Monday-Saturday; Closed Sunday Harvest hours will expand as needed, please call office if extended hours are needed. NOTE: ALL PRICES ARE NOW DELIVERED PASCO, NOT PORTLAND
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Office #509-545-0900 & Elevator #509-545-5179.
Commentary
8/7/20: Besides Wednesdays small dead cat bounce, markets have trended lower aggressively all week. Both Australian and Russian production estimates grew this week based off analyst’s numbers. Reports this week predicted record yields for wheat in Canada as well. World supply continues to grow, and favorable weather forecasts continue to be on the horizon. China continues to buy corn and beans out of the US, would be nice if they started buying additional wheat as well. Spring wheat harvest just getting started in the upper Midwest, while HRW is full force in Montana. Expect PNW pipelines to be full here over the next month adding to the current bearish tones on wheat. MARKET UPDATES AND GRAIN INFORMATION now also available via Washington Grain Commission Podcast here Cash Bids Delivered TCG
Futures Quotes
Quotes retrieved on August 08, 2020, 01:09:39 PM CDT
Commentary
Cattle In Red at Close -
Front month fat cattle futures traded 22 to 87 cents lower on the day. August contracts gained 17 cents ahead of expiration. August options expired Ag Market Commentary -Going into the weekend, corn futures ended the Friday session 2 1/2 to 3 1/2 cents lower. Sept futures were down the most, and ended the week 2.6% Cotton Closes with Triple Digit Loss -Pre-weekend profit taking left front month cotton 183 to 253 points lower. The hard selling on Friday left Dec futures 30 points below last Beans Close Down Double Digits -Front month soybean futures closed 9 to 10 1/2 cents lower on Friday. For Sept that added to the weekly loss, which was 2.75% from Fri to Fri. Meal Fridays Corn Market Closed Red -Going into the weekend, corn futures ended the Friday session 2 1/2 to 3 1/2 cents lower. Sept futures were down the most, and ended the week 2.6% Wheat Ends Hard Loss Week -Friday wheat trading added to the downside for domestic wheat futures. SRW wheat closed 3 1/4 to 5 3/4 cents lower on the day, which for Sept Full commentary... |
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National Newswire
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Washington USDA Newswire
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NOAA Weather
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