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Grain Market Comments  04/22/14 11:35:22 AM

Women's Marketing Meeting

Mid Columbia Producers will be hosting a women's marketing meeting Wednesday April 30th at noon. The meeting will be at the Sherman County Senior Center in Moro, Oregon. If you are interested in attending please call to RSVP 541-565-3737 please ask for The Grain Department.

Please leave a good contact number.  Please leave an email address if you would like a reminder.

Thank you, 

Verna 

Market News

Excess rains in some corn planting areas and reportedly slow planting progress is supporting corn, all be it barely. In other corn planting regions freshly planted corn gets a nice drink. Keep in mind corn planting can be done very quickly as soon as weather permits. Wheat is in a wait and see mode, has there been damage to the HRW crop, will Russia and Ukraine get along, and how much spring wheat will be planted? Before the long weekend we saw nice price movement upward and a sell off yesterday with today's trade up and down trying to establish a range while waiting for more news to encourage a direction. It has been reported that grain is moving out of the Black Sea in spite of political unrest. Planting is reportedly progressing in spite of reported financing issues. Traders are wary of news and will continue to watch and react. Canada is moving grain!! StasCan will release planting intentions Thursday. Some reports indicate all wheat acreage for Canada 23.1 to 25.5ma a year ago was 26.26 ma. Canola, soybeans, flax, and peas are estimated to see increased acreages with corn and barley reduced and oats steady. USDA Crop conditions report out yesterday with little change in most areas, and so we trade in circles until there is confirmation of damaged crops or healthy crops. 
 

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?
 



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  ;o) 
 

 

 
 
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