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Grain Market Comments  07/21/14 11:21:44 AM

Market News
***Beth McCurdy would like on gallon zip lock bags of wheat labeled with your name to enter into the fair this year. She promisses the prizes are worth it!!! The rules are available in the premium book from the fair.  **** Wheat is trading down 6-10 cents this morning, as the market really hasn’t posted any real new news. The corn crop is looking great and will have high yields, pressuring wheat to stay in the bearish shadows. The European Union harvest has been slowed by recent rains, but no real concern to traders currently. SWW basis continues to be at historical highs, so continue to keep an eye on your nearby BPC contracts for Basis opportunities.    

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. 

If you have any changes to splits, new land lords, or any other changes - Now is the time to update info - before your first truck is on the scale. 

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.


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