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Hours:Pasco Office Hours: 7:00 AM to 4:00 PM Monday -Friday Pasco Elevator Hours: 8:00 AM to 5:00 PM Monday-Friday; Closed Saturday and Sunday Burbank Elevators Hours: 8:00 AM to 4:00 PM Monday-Friday; Closed Saturday and SundayContact 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
9/12/24: Market anticipated the USDA to lower the 2024 projected corn yield by around a bushel figuring last months report would be the high-water mark. They raised it this morning from 183.1 to 183.6. Corn market is reacting accordingly down 6 cents and back below the $4 Dec futures mark. Higher yield raised production slightly as well from 15.147 to 15.186 billion bu. Fortunately to stop the bleeding they at least lowered the ending stocks of both 23/24 and 24/25 carryout’s moderately siting higher usage. Soybean numbers relatively unchanged from the previous report. Global ending stocks for corn were lowered from 310.17 MMT to 308.35 MMT, while wheat and soybeans were raised slightly. No news for US wheat, but markets are lower following corn. Washington Cap-and-Trade Rebates Start Aug. 26 It will be first-come, first-served when Washington distributes $28.5 million to partially refund cap-and-trade surcharges to farmers and haulers of farm goods for fuel. Click on the link below for full Captial Press article.
***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
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Quotes are on 15 min delay with futures markets. Please call to confirm pricing
Futures Quotes
Quotes are delayed, as of September 15, 2024, 10:11:10 PM CDT or prior.
Commentary
Cattle Heads Home Mixed on Friday -
Live cattle futures closed mixed on Friday, with front months steady to 37 cents lower and deferreds up 10 to 20 cents. October was up $2.475 on the Cotton Rounds out the Week with Losses -Cotton futures settled the Friday session with contracts down 26 to 57 points across the board. December still saw a decent pop this week, up 194 Hogs Slip on Friday to Extend Weekly Slide -Lean hog futures closed the Friday session with losses of a tick to 45 cent across most contracts. October was down another $1.05 on the week. The Soybeans Head into the Weekend with Losses -Soybeans couldn’t manage to hold the early morning strength on Friday, with futures closing 1 ¾ to 5 cents lower across the board. November Wheat Rallies Double Digits to Close Out Week -The wheat complex posted double digit gains on Friday, as September rolled off the board. Chicago SRW futures were up 10 ½ to 16 ¼ cents on the Corn Rally Hold on Friday -Corn futures posted gains of 2 ½ to 7 ¼ cents in Friday, led by now nearby December, as September rolled off the board. That helped to propel Dec Full commentary... |
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