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Good Afternoon: May 28, 2015.

Wheat markets closed missed for the day. A different spin on the fundamentals are quality issues for both HRW and SRW. It continues to remains dry in the Canadian Prairies. Matters who you listen to- but the forecasts coming from Russia have the trade paying close attention to the Black Sea region as much drier conditions have set-in and forecasts over the next several weeks look dry. The wheat crop is approaching the heading/filling stage soon. The market was/is due a bounce, but there just wasn't much supportive news to grab hold of, as focus is still on bigger world crops and a stagnant export market - blamed largely on the rapid increase of the US dollar. Funds remain short well over approximately 93K contracts. Weekly export sales are expected at 250-400,000 metric tons.

July Futures: CGO up 1 @ $488 ¾; KC down 1 ¾ @ $5.10 ¼;  Minney up 1 ¼ @ $5.57.

What to watch for: 

  • WHEN THIS MARKET RALLIES BE PREPARED TO MAKE YOUR MOVE FOR REMAINING OLD CROP AND NEW CROP PROTECTION – DON’T MISS YOUR MARKETING OPPORTUNITY!!!
  • When pricing NEW CROP, don’t forget to look at 2016 HTA’s

 

ATTENTION COMING EVENTS!!

We will have our next marketing meeting at 6:30 am on Wednesday June 10, 2015 @ SEL in Pullman. SEE YOU THERE! 

 

EMAIL TOM OR DAVID AT:

tomr@pnw.coop

david@pnw.coop

 

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 May 28, 2015, 06:54:01 PM CDT
PLEASE CALL FOR CURRENT PULSE BIDS
Name Cash Price Notes

Quotes retrieved on May 28, 2015, 06:54:01 PM CDT
PNW CO-OP SPECIALTY FOODS/MIGHTY MUSTARD NEWS

- Earth Month Savings at Moscow Food Co-op

  • We’re teaming up with Moscow Food Co-op to celebrate Earth Month.  From April 12-25, members of Moscow Food Co-op will save .20 per pound on all of our bulk lentils, garbanzo beans and green split peas. It’s a great time to stock up on your favorites or try something new.

    Th
    ank you for supporting your local co-ops!


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

- Save on PNW Co-op Legumes @ Pacific Northwest Whole Foods Stores in April!

  • Save $.20 per pound on all of our bulk lentils, garbanzo beans and green split peas at Whole Foods Market stores throughout Washington, Oregon, and British Columbia. The sale runs April 1-28, 2015. For a full list of stores, visit our "Where To Buy" page.

 

- Save BIG on PNW Co-op Legumes @ The Moscow Food Co-op!

  • Welcome Spring by saving $.20 per pound on all of our bulk lentils, garbanzo beans and green split peas at the Moscow Food Co-op. The sale runs March 29-April 11, 2015.

    Thank you for supporting our local farms and co-ops.

 


- 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: +15/-25 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 May 28, 2015, 06:54:01 PM CDT
Weather

Genesee, Idaho (83832)

Current Conditions: Sunny
Temperature: 82°F Dew point: 45°F
Humidity: 27% Pressure: 30.02 in. Hg
Wind: mph From:

Zip Code:

© 2015 Freese-Notis Weather

Brugler Commentary
Wheat -

Wheat futures were steady to 1 3/4 lower in KC HRW.  Chicago was up 1 to 2 3/4 cents, with MPLS up 1 1/4 to 2 1/2 cents today. Egypt bought

Wheat -

Wheat futures are 1 to 5 cents higher at midday.  The updated US drought monitor map showed major (expected) improvement in the areas of TX

Wheat -

Wheat futures are currently mostly steady to a couple cents higher after double digit losses in the KC HRW contract on Wednesday, with smaller

Wheat -

Wheat futures were down by double digits in the KC HRW contract, with smaller losses in CHI and MPLS today.  USDA reported that condition

Wheat -

Wheat futures are mostly 4 to 11 cents lower on the session.  HRW wheat is off the most, currently showing double digit losses in the front

Full commentary...
InsideFutures Commentary

More news...

 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