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Market Comments

AGAIN!!! Wheat continues to follow the feed grains closing in negative territory. Profit taking on long positions weighed on the market. Forecasts for rain pretty slim in the southern plains helped support wheat today. Egypt looking for Dec 1-10 wheat offers. December wheat futures closed down 3½ in CGO, down 8 ¼ in KCY and down 3 ½ in MINN. For the week December wheat futures closed up 14 ¾ in CGO bringing SW up 7 cents, unchanged in KCY with HRW basis down 10 making cash down 10, and up 7 ¼  in MINN with no basis change making cash up 7.

WHAT TO LOOK FOR:

  • SWW following futures- losing 11 cents on the day. Market still under pressure to stem boats in Portland.
  • REPEAT!!!!    IMPORTANT: Don’t try to pick the top of the market but reward the market and sell into it - the wheat market is finding a lot of its support from the feed gains – if the bottom falls from the feed grains there is not much to hold wheat values up.
  • Brazil canceling HRW shipments. This should affect all hard wheats but mostly HRW.
Cash Bids (Subject- Call for Current Price)
Delivery Start Cash Price Basis Futures Price Basis Month
1 SWW
2 CLUB
3 HRW
4 HRS
5 HWW
6 BLY

View all cash prices...
Quotes retrieved on October 31, 2014, 09:55:49 PM CDT
PLEASE CALL FOR CURRENT PULSE BIDS
Name Cash Price

Quotes retrieved on October 31, 2014, 09:55:49 PM CDT
PNW CO-OP SPECIALTY FOODS/MIGHTY MUSTARD NEWS

- PNW Co-op Specialty Foods NEW Expanded "Where To Buy" Section - We have revamped our "Where To Buy " page on www.DavidsonCommodities.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.PNWCoopSpecialtyFoods.com!

 

 - PNW Co-op Specialty Foods now available in the Bulk Section of Moscow Huckleberrys - You can now tell all your friends to grab their favorite PNW Co-op Specialty Foods varieties in the bulk section of the Moscow Huckleberrys store!

 

- Mighty Mustard is now available online - AFCO Distribution has added Mighty Mustard to their online Cover Crops Catalog . Follow the link to see your products!

 

- MIGHTY MUSTARD now distributed by Albert Lea Seed House:

For more information on where to buy Mighty Mustard products, please visit www.MightyMustard.com/where-to-buy

 

Brugler Commentary
Wheat -

Wheat futures were lower on the day, but closed several cents off their lows in the front months of all three major classes.  For the week,

Wheat -

Wheat futures are trading 8 to 10 cents lower at midday.  A sharply higher dollar index is working against the idea of increasing

Wheat -

Wheat futures are trading from three to five cents lower this morning. The IGC raised its estimate for 2014-15 global wheat production to 718 MMT,

Wheat -

Wheat futures ended the day with all three classes in negative territory.  The IGC raised its estimate for 2014-15 global wheat production

Wheat -

Wheat futures are trading steady to slightly higher. Weekly export sales came in above the high end of trade expectations this week at

Full commentary...
InsideFutures Commentary

More news...
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: +20/-40 each 1/4 from 14%

Hard Red Winter Wheat  (HRW)
Protein Scale: +0/-4 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 October 31, 2014, 09:55:49 PM CDT
Weather

Genesee, Idaho (83832)

Current Conditions: Cloudy
Temperature: 56°F Dew point: 48°F
Humidity: 75% Pressure: 29.78 in. Hg
Wind: 4 mph From: North

Forecast

Friday

Hi: 60°
Lo: 41°
Saturday

Hi: 53°
Lo: 35°
Sunday

Hi: 46°
Lo: 31°
Monday

Hi: 48°
Lo: 38°
Tuesday

Hi: 52°
Lo: 42°

Zip Code:

© 2014 Freese-Notis Weather

 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