Sunday, May 20, 2012  
 
 

 

FOB ALMIRA

May'12

Jun'12

   Jul'12  5/17/12 

NEW CROP

   CASH

 6/10 PMT

   7/10 PMT   

August

SWH $6.35 $6.35   $6.35 $6.10

$6.35

WHC

 $6.35 $6.35   $6.35     $6.10 $6.35
HRW $7.20 $7.17   $6.92 $6.87

$6.88

 HRS

$8.67

$8.67    $8.37 $8.42

$8.19

BLY
$200 $185   $184 $200 $183

                      5/18/12 PM  prices subject


 

Welcome to 
Almira Farmers Warehouse Co.'s
Grain information site!

 

Daily Commentary
5/18/12 AM     Dry crop reducing  weather  persists. Few  strategic alterations appeared in the overnight session. Short covering , perhaps at a lessor pace, still at work in the wheat pit.  Corn and wheat technical indicators continue have a positive bend. Chinese corn and bean needs drive the consumptive demand volume.  PNW soft white track bids are 'riding the tide.' The Portland Merchant's Exchange counts a total of eight grain ships are in the CRD and three  are loading.
5/18/12 PM    European and US wheat futures took another run up the board.  The frenetic trading week saw wheat futures rise 17.3%; the largest weekly rally since April 1996. Funds alone bought in 10,000 contracts. Technicals all pointed to coverage and length and the 'herd' obeyed.  At some point ,the pendulum will pause and take a 'corrective swing.' However, if crop chopping weather continues, the rally could have more legs.  Local cash market values went along for a more deliberate ride and posted new recent highs. New crop values starting to receive deserved country scrutiny.



Futures
W - WHEAT - CBOT
Month Open High Low Last Change Time More
Jul 12 669'0 696'4 669'0 695'2s 37'4 05/18
Sep 12 703'0s 33'4 05/18
Dec 12 713'0 720'6 713'0 720'0s 31'2 05/18
Mar 13 733'0s 29'4 05/18
KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Time More
Jul 12 681'0 708'0 681'0 705'0s 33'0 05/18
Sep 12 697'4 720'4 697'0 717'4s 31'0 05/18
Dec 12 738'4 740'4 736'0 738'6s 30'2 05/18
Mar 13 749'0 752'0 749'0 750'6s 29'2 05/18
@MW - HARD RED SPRING WHEAT - MGE
Month Open High Low Last Change Time More
Jul 12 767'0 807'2 765'2 792'0s 24'6
Sep 12 764'6 805'0 762'0 788'4s 24'0
Dec 12 768'0 804'0 766'4 790'0s 21'4
Mar 13 775'4 801'0 774'2 792'6s 19'2
C - CORN - CBOT
Month Open High Low Last Change Time More
Jul 12 631'0 638'2 630'2 635'4s 10'4 05/18
Sep 12 544'0 551'0 544'0 546'4s 8'0 05/18
Dec 12 532'4 542'0 532'4 537'0s 8'6 05/18
Mar 13 545'6 552'0 544'4 546'4s 7'2 05/18
S - SOYBEANS - CBOT
Month Open High Low Last Change Time More
Jul 12 1433'4 1437'0 1405'0 1405'0s -33'0 05/18
Aug 12 1381'0s -24'2 05/18
Sep 12 1327'0s -20'4 05/18
Nov 12 1305'0 1317'0 1289'4 1288'0s -18'4 05/18
My Custom Markets
Symbol Open High Low Last Change Time More

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Indexes
Index Last Chg
NYSE Composite 7428 05/18/2012   3:09 PM CST - 53
Value Line 2748 05/18/2012   3:14 PM CST - 28

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5-day Forecast for Almira, WA
Change Zip Code: 
Date Sun
5/20
Mon
5/21
Tue
5/22
Wed
5/23
Thu
5/24
Weather
Condition
Mostly Cloudy Rain Rain Partly Cloudy Partly Cloudy
Weather Mostly Cloudy Rain Rain Partly Cloudy Partly Cloudy
Temp
L/H (°F)
54/74 56/73 47/67 44/67 43/68
Feels
Like

L/H (°F)
54/75 56/75 41/67 39/67 39/68
Dew Point
(°F)
38 43 29 28 32
Humidity
(%)
31 39 26 27 33
Wind
Speed

(mph)
8 11 16 9 7
Precip
(%)
- 60 64 - -
Precip
Amt
(in.)
None Rain
0.07
Rain
0.06
None None
Evap
(in./day)
0.22 0.22 0.25 0.21 0.18
View complete Local Weather

Local Radar
Almira, WA
Chg Zip Code: 
 
Radar
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My LDP
 
Chg Zip: 
County LDP
USDA has adjusted the calculations of LDP data.
Click here for more information.

Local Conditions
Almira, WA
Chg Zip Code: 
Temp: 60oF Feels Like: 60oF
Humid: 44% Dew Pt: 38oF
Barom: 30.01 Wind Dir: SSE
Cond: N/A Wind Spd: 5 mph
Sunrise: 5:14 Sunset: 8:33
As reported at MOSES LAKE, WA at 8:00 AM
View complete Local Weather

DTN Weather Summary
Rain Saturday in North Plains, Midwest
Bryce Anderson (Bio) – DTN Meteorologist

Saturday will feature light rain in the western through Northern Plains and the northwestern Midwest. » More DTN Weather Commentary

Posted at 2:58PM Fri May 18, 2012 CDT

 
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