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Grain Market Comments  10/29/14 1:22:32 PM



Market News
Wheat is a follower this as the entire grains markets trim back some of their recent gains made in the market. Wheat is seeing limited support from a relaxed Dollar Index, and spill over buying from row crops. There are still rumors that the Australians crop will be short this year due to dryness, also talk of the Russian crop being affected by drought and frost.  ***The deadline to set basis or amend December Base Price Contracts is November 14th at 11:00 am. The good news is basis has stayed very strong. Keep and eye on spreads if you intend to move your contracts out.  


 PORTLAND TRUCKS DIRECT: Please current pricing.  


Beginning October 25th The Seed Plant hours will be 8 am to Noon on Saturdays.  
Monday through Friday hours will stay 8 am to 5 pm.  
 

                                                                                                                                                                                                                                                                                                                            

      Arlington Elevator Update: Currently the Arlington barge facility is not staffed full time, please call Jeff Holliday for delivery assistance.

                                                                          Contact Jeff Holliday at 541-980-9362 or 541-442-5555                                                                                                                                                                                                                                                                                  

Pre Paid Expenses: Yes it is that time of year already! If you would like to pre pay any expenses please call the Moro Office with your instructions.  Thank you!!

Beginning August 1st wheat settlements and contracts will reflect an at the river one cent per bushel barge freight increase for each location. Barley barge freight will also increase at each location beginning August 1st. Freight rates for barley are charged per ton and are as follows: The Dalles $13.36  Biggs $14.32   Arlington  $15.44.  


Harvest Elevator Hours:


Hours may vary by location please check with your local elevator for current operating hours. 


Harvest 2014 Housekeeping:

  • Has there been any changes to your entity name?
  • Do you have any new land lords?
  • Do you need to update your farm splits?
  • Does your information with us match the information given to FSA and your insurance agent?
  • Would you like your grain settlements via direct deposit instead of a check?
 



Regular Elevator Hours:       

The Dalles        8 am to 4 pm Monday through Friday

Biggs                 8 am to 4 pm Monday through Friday.

Arlington           8 am to 4 pm Monday through Friday


Please communicate with MCP elevator staff regarding special circumstances.

 
Grain Marketing:

Chicago Futures trade until 11:15 am each day; Except on market holidays OR if markets are interrupted due to unforeseen circumstances. 

The cash market times are as follows; unless interrupted or delayed due to unforeseen circumstances:
  • 9:30 am to 12:00 pm for the morning session
  • 2:30 pm to 5:00 pm for the afternoon session

Futures trading hours are as follows; unless interrupted due to unforeseen circumstances or it is a trading holiday:

  • 6:30 am - 11:15 am Pacific Time, Monday - Friday
  • 5:00 pm-5:45 am Pacific Time Sunday - Friday morning. No trade Friday evening.

For all grain marketing needs please call the Moro Office at  541-565-3737 and ask for the grain department.
Posted bids can be found by clicking on the "Cash Grain Bids" link. 
Bids are posted twice daily.  
Bids are also emailed twice daily. If you would like to be added to our email list feel free to contact us.
Call for the most current bids.

 

debra@mcpcoop.com      matt@mcpcoop.com      verna@mcpcoop.com     joe@mcpcoop.com       karissa@mcpcoop.com     ;o) 
 

 

 
 
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