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Grain Market Comments  10/20/14 11:25:59 AM

The MCP Annual Meeting will be October 22nd at Sherman High School in Moro, Oregon. Dinner will be prepared by Paradise Rose Chuckwagon and serving will begin at 6:00 pm. The meeting will begin at 7:00 pm. Our speaker this year will be Bud Riedner. Bud is the manager of The McCoy Grain Terminal, LLC located in Rosalia, WA. Bud's career in grain trading began in 1990 in the Pacific North West.  Hope to see you all there.  

Market News
Markets are called lower this morning, with weather and outside markets being key influences. The corn harvest is said to pick back up as the weather models show drier conditions this week. This will also help with Soft Red plantings as many areas where to wet to get in to the field. The outside markets seem to be pulling money out of the energy and equity markets; but there isn’t a clear place for that money to flow back in too. The US dollar continues to show strengthen, adding pressure on to the commodities markets. Don’t forget the Annual Meeting is Wednesday the 22nd. 

The U.S dollar tumbles down this morning maybe giving commodity markets a little breathing room. Corn is giving back a small bit of yesterday’s gains, while wheat is up this morning. Wheat continues to follow row crop until it can find a comfortable trading range of its own.    Notable dates October 22nd and October 25th.  

 PORTLAND TRUCKS: Please refer to the Cash SWW bid Sheet for current truck 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.  


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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