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Grain Market Comments  11/20/14 12:01:54 PM

Market News:

Export sales were strong for corn, weak for soy and mediocre for wheat. Japan and Mexico were the top buyers for corn with Unknown buyers followed by the Philippines and Japan as the top buyers for wheat.  Corn markets are finding support in strong ethanol production, strong feed demand, and strong exports sales numbers. Some of the strength in the corn markets is spilling over into the wheat complex. Russia's wheat harvest is estimated at 62.2mmt vs 54.3mmt last year.  Australia continues to harvest with light precip expected. Egypt buys French wheat, US was not in the mix.     MCP will be closed for Thanksgiving; both Thursday November 27th and Friday November 28th. There will be not markets and no marketing meetings on those days.                        


Sherman County Marketing Meeting, November 21 st @ The Moro Senior Center, Start time is 7:00 am Take Note: The Oregon Wheat League's annual meeting will be the same day!! Speakers are: Jana Jarvis Oregon Lobbyist for OWL - she will cover local concerns election results and the ripple effects; Blake Rowe OWC & OWL CEO - he will cover national perspective with some local content; Ken Mattson  - 2014 farm bill spill prevention component; Tye Travis from OSHA - small farm status qualifications, inspections, documentation, and requirements. Roseanna Breeding FSA and Christy Coelshe NRCS - Q & A. 

MCP will be closed for both Thanksgiving day and the day after, November 27th and 28th. There will be no cash grain markets and no marketing meeting in Condon.   Happy Thanksgiving!!

Crook and Jefferson and Deschutes Marketing Meeting: *November 18, 2014 *Prineville 7:00 am at The Apple Peddler *Madras 12 Noon at the Mazatlan Mexican Restaurant. Please feel free to call with any  questions. 541-565-3737 ask for Verna. See you there! 

The Seed Plant will no longer have regular Saturday hours, please call.  541-442-5555 for assistance or with questions.

As you finalize your tax information keep in mind you can pre pay expenses with MCP.                                                                                                                                                                                              

For Arlington delivery assistance please call Jeff Holliday 541-993-9362.

Please check the MCP calendar of events on our website for upcoming FSA meetings, MCP marketing meetings, and The Oregon Wheat League Annual Sherman County Meeting.

The Seed Plant will no longer have regular Saturday hours, please call 541-442-5555 for assistance or with questions.
Arlington Elevator Update: Currently the Arlington barge facility is not staffed full time, please call Jeff Holliday for delivery assistance. Contact Jeff Holliday at 541-993-9362 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.  
For Winer Delivery - Hours may vary by location please check with your local elevator for current operating hours. 

Please call the Moro Office at 541-565-3737 if:
  • There has been any changes to your entity name?
  • You have any new land lords?
  • You need to update your farm splits?
  • We need to update your information with us match the information given to FSA and your insurance agent?
  • You would 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.     ;o) 


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