Welcome to PNW

Market Comments for August 28, 2015.

Wheat values traded lower for the day on mostly technical selling and an absence of any new fundamental news. Egypt purchased 55,000 MT of Ukraine and 60,0000 MT of Russian wheat. The US is still not price competitive. Crude shot up as Saudi forces invaded into Yemen- more to come???  The Australian crop prospects up with recent rains bringing estimates up to 26.0 million tons. This compares to earlier thoughts of a 24.0-25.0 million ton crop. The USDA’s last estimate was 26.0 million tons.

Dec Futures: CGO down 6 @ $483 ¾; KC down 4 ¾ @ $483; Minney down 2 @ $5.11 ½.

Portland Flat Price: SW @ 565 (.81), DNS @ 6.16 (1.05), HRW @ 5.83 (1.00), BLY @ 160. 

Subject to change:

Club wheat premium for August (Spot/Cash) delivery:

             10.5% protein or LESS   - $1.00 per bushel

             10.6% - 11.0% protein  - $0.35 per bushel

             11.1% protein or more   - No premium

September 1st or later delivery will be subject to market scales at time of delivery.

ATTENTION COMING EVENTS!!

Will have our next marketing meeting and Fall Seed Program at 7:00 am on Wednesday, September 2, 2015 @ SEL in Pullman. SEE YOU THERE! 

 

Soft White Wheat
Name Delivery Start Cash Price Notes
1 SWW

View all cash prices...
Quotes retrieved on August 31, 2015, 01:40:44 AM CDT
Club Wheat Bids
Name Delivery Start Cash Price Notes

View all cash prices...
Quotes retrieved on August 31, 2015, 01:40:44 AM CDT
Cash Bids (Subject- Call for Current Price)
Delivery Start Cash Price Basis Futures Price Basis Month Notes
3 HRW
4 HRS
5 HWW
6 BLY

View all cash prices...
Quotes retrieved on August 31, 2015, 01:40:44 AM CDT
PLEASE CALL FOR CURRENT PULSE BIDS
Name Cash Price Notes

Quotes retrieved on August 31, 2015, 01:40:44 AM CDT
PNW CO-OP SPECIALTY FOODS/MIGHTY MUSTARD NEWS

- LentilFest 2015 Schedule of Events

  • Join PNW Co-op Specialty Foods in Pullman, WA on August 21 & 22, 2015 for the 2015 National Lentil Festival!

    We are sponsoring some fantastic events along with Whole Foods Markets this year, including an Ask the Experts Panel, featuring PNW's own Jim Hermann, on Friday, August 21st at 6:30 pm, where you can ask some knowledgeable chefs and nutritionists your questions about lentils and their uses.
    And on Saturday, August 22nd make sure to check out the Cooking Demonstration Stage where 4 amazing chefs will be showcasing some excellent recipes that you can make at home!  Our chef lineup includes the following culinary superstars:

    11:00 am - Chef Jamie Callison - Executive Chef at the School of Hospitality Business
    Management Washington State University, Author of "The Crimson Spoon" cookbook

    12:00 pm - Chef Hayden Smissen - Marketing & Events Chef at Whole Foods Market

    1:00 pm - Chef Robin Leventhal - Top Chef Cheftestant, Culinary Arts Instructor, Artist & Auctioneer

    2:00 pm - Chef Adam Koerner - Chef de cuisine at the School of Hospitality Business Management Washington State University

- Practical Farmers of Iowa Release Midwest Cover Crops Trial Report

  • Practical Farmers of Iowa has released their 2014-15 Research Trial Report, and it shows Mighty Mustard® Kodiak (brown mustard) as being a very strong performer in both biomass production and weed/pathogen suppresion among other cover crops in the midwest growing regions.

    Click HERE for a brief overview.

    Click HERE to read the full report.

- USDA Releases New Cover Crop Comparison Chart

  • The USDA has released a new, comprehensive Cover Crop Comparison Chart.  This chart has a ton of excellent information about the benefits and drawbacks of different cover crops. It also should be pointed out the mustards are shown ina very positive light!  Go Mighty Mustard!

       Click HERE to view the chart.


- Moscow Food Co-op Wants You to Get To Know: Garbanzos

 


- Sunrise Red Lentils featured “Harvest of the Month” for Spokane Schools

  • We're honored that our PNW Co-op Sunrise Red Lentils will be featured on Spokane Public School’s menus as April's "Harvest of the Month." Supporting the National Farm to School Network is one of our core missions, so we're grateful for this opportunity to partner with the Spokane School District. Big thanks to our friends at LINC Foods for bringing our local legumes to Spokane students!

    To learn more, watch this video.

- Mighty Mustard Pacific Gold & IdaGold Meet Certified Seed Standards

  • We are pleased to announce that the Mighty Mustard Pacific Gold and IdaGold have passed Certified Seed standards and are being shipped to distributors across the country. Please visit the Where To Buy page on MightyMustard.com for the most up-to-date information regarding availability.

 

- Mighty Mustard 2014 Harvest Update: The latest info!

  • The Pacific Gold seed has been cleaned and has passed Certified Seed Standards!  This seed will be moving out to all of our trusted distributors ASAP.
  • The IdaGold seed is being cleaned now and samples are already on their way to the lab.  We should have results back within 2 weeks.  If the seed passes Certification, it will be made available to all of our distributors ASAP.
  • Our Kodiak and White Gold crops essentially failed due to sustained high temps and no rain in the dryland growing areas this summer.  We did get a small amount of Kodiak harvested (and a very small amount of White Gold, but not enough to sell), but the seed did not meet Certified Seed standards due to the presence of a small amount of lambsquarter seed that we were unable to clean out.  These varieties will be unavailable this year.

For an updated list of Mighty Mustard distributors with current inventory, please visit our Where To Buy page.

 

- PNW Co-op Specialty Foods NEW Expanded "Where To Buy" Section 

  • We have revamped our "Where To Buy " page on www.EatRealPNW.com ! You can find all the stores across the country where your PNW Co-op Specialty Foods are sold across the country (and even in British Columbia, Canada)!  You can also go directly to the PNW Co-op Specialty Foods page by following the link to www.EatRealPNW.com!

 

 

PNDSA

The Farmed Smart Sustainable Agriculture Certification offers farmers a promotable consumer brand for their adherence to defined conservation standards, certifies that they are utilizing sustainable practices, and develops markets for certified sustainable product.  The certification standards will ensure water quality, air quality, soil quality, wildlife habitat are being improved while providing energy conservation and economic viability to the farmer.  This certification will provide a platform to educate stakeholders on the social and environmental benefits of direct seed farming practices and provide recognition and value to producers who are raising dry-land crops under these practices.

 

To learn more go to www.directseed.org/certification

Grain Market Hours

 Monday thru Thursday
(Except on Holidays)
 8:30 AM - 11:15 AM PST
 

2:00 PM - 4:00 PM PST 

No Protein Wheats (HWW/HRW/DNS)
during afternoon market hours

Friday
8:30 AM - 11:15 AM PST

(NO AFTERNOON MARKETS) 

 Soft White Wheat (SWW)

Club Wheat (CLUB)

Barley (BLY)

Hard Red Spring Wheat (HRS/DNS)
Protein Scale: +5/-15 each 1/4 from 14%

Hard Red Winter Wheat  (HRW)
Protein Scale: +3/-5 each 1/2 from 11.5%
 
Hard White Wheat (HWW)
Protein Scale: +0/-4 each 1/2 from 12%
Futures Trading Hours (Pacific Time)

Sunday to Friday

5:00 PM  to 5:45 AM Trading

Monday to Friday

5:45 AM to 6:30 AM Break

6:30 AM to 11:15 AM  Trading

Futures Markets
Quotes retrieved on August 31, 2015, 01:40:44 AM CDT
Ag Headlines

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Weather

Genesee, Idaho (83832)

Current Conditions: Cloudy
Temperature: 64°F Dew point: 45°F
Humidity: 50% Pressure: 30.01 in. Hg
Wind: 0 mph From:

Zip Code:

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Brugler Commentary
Wheat -

Wheat futures settled 4 to 8 cents lower in CHI and KC, and 1 to 4 cents lower in MPLS on Friday.  In each respective September contract,

Wheat -

Wheat futures are currently 2 to 6 cents lower and posting new lows for the day. This morning Egypt purchased 55,000 MT of Ukraine wheat at

Wheat -

Wheat futures are steady to slightly higher this morning.  The Thursday session had prices at least a penny lower in all markets, with

Wheat -

Wheat futures settled at least a penny lower in all markets, with losses as much as 6 cents in CHI. The Export Sales report this morning showed

Wheat -

Wheat futures are steady to 5 cents lower this morning.  The Export Sales report this morning showed wheat bookings for the week ending

Full commentary...
InsideFutures Commentary

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 Colfax

 Genesee
North 204 Main Street
 117 West Chestnut
Colfax, WA 99111
 Genesee, ID 83832
509-397-4381 208-285-1141
 TOLL FREE 866-986-2008