Hard White Wheat Protein Scales:
Due to the low protein levels produced by this year's weather we've been forced to introduce protein scales on Hard White Wheat. The scales will be as follows: 11% to 12% no premium/no discount. Under 11% and over 12% the HRW premiums and discounts will apply. Check with your local office for current protein scales.
Direct Deposit
If you would like to sign up for direct deposit payments for grain sales click here to open a form you'll need to fill out and send in. After filling out the form mail it to our Odessa office, P.O. Box 247, Odessa, WA 99159. Thank you.
IEO has resumed operations and has Odessa Gold Biodiesel available for
sale. All grades and blends of Biodiesel can be purchased through the
Odessa Grange or from IEO. Please call Greg at the Grange or IEO
office today.
A little light snow and rain will move from the central Plains into the southwest Midwest Tuesday. The balance of the key U.S. crop areas continue mainly dry. In South America, scattered showers and thundershowers are expected in southern Argentina crop areas later Tuesday or Tuesday night. The southern Brazil soybean areas look to be mostly dry and hot Tuesday. Low temperatures in Europe continue to put winter rapeseed and to a lesser extent winter wheat at risk of damage in areas that lack a significant snow cover. » More DTN Weather Commentary
On this page are links to some helpful spreadsheets that you can use to calculate your return on investment and also evaluate what level of crop insurance is right for you. If you haven't priced any new crop wheat yet or are wondering if you should be doing more this information can be useful in setting financial goals for the upcoming year. Often times having set goals can help by removing some of the emotion that is always present when deciding on whether or not to make a sale.
Monday's cash corn price was steady at $6.32; soybeans, up 1 cent at $11.89; hard red winter wheat, up 6 cents at $6.81; soft red winter wheat, up 8 cents at $6.52; and hard red spring wheat up 2 cents at $8.35.
