Almira Farmers Warehouse Co

Information may not be reliable

Commentary for 6/24-26/2009

PRICES SUBJECT TO CHANGE / CALL OFFICE / NO SURCHARGES
MORNING MARKET CLOSES @ 11:30 AM - AFTERNOON MARKET CLOSES @ 4:30 PM

Almira Farmers Warehouse Co.'s
Grain information site!

111/10/10 AM The USDA report was mainly about beans, with minor wrinkles in corn's and wheat's balance sheets. Not enough new news or 'technical fortitude' to carry the day. Accordingly, wheat futures' values slumped. EU economic uncertainties also added to downside pressure. Following the US dollar has provided some trading guidance in volatile market conditions. Chinese economic growth progress and commodity demand levels remain an integral part of an international trading platform. Overnight, Egypt, the world's largest wheat importer, booked a total of 235,000 Mt of French, US and Australian wheat for January 11-20 shipment. The breakdown and FOB pricing is: 115,000 Mt of US ( 60,000 Mt of SWW @ $7.975 and 55,000 Mt SRW @ $8.3275) ; 60,000 Mt of French @ $8.525; and, 60,000 Mt from Australia @ $8.19. The Nile biz was a needed and revealing transaction Good sign .............. SWW wheat to Egypt.

11/10/10 PM Heavy technicals and a firmer buck (Chinese fiscal policy and EU economic worries) caused another round of futures' selling. Overall, managed money favors commodity ownership. The Egyptian purchase of SWW helped stabilize track bids and muffled some of Chicago's interference.

KW - HARD RED WINTER WHEAT - KCBT

@MW - HARD RED SPRING WHEAT - MGE

DTN Retail Fertilizer Trends

A Return to Freedom to Farm?

Conrad Weighs Ag Chairmanship

Fed Policy May Spur Farmland Bubble

Peterson Laments Aggie Losses

Almira Farmers Whse. Co. Bulletin

Enter your email address to subscribe to our bulletin.

- Mouse over for last update

View complete Local Weather

USDA has adjusted the calculations of LDP data.

As reported at MOSES LAKE, WA at 2:00 AM

Rain Thursday in Central Midwest

Bryce Anderson (Bio) – DTN Meteorologist

Thursday will feature a band of light rain in the central Midwest through southeastern Plains, along with light snow in the far western Plains. » More DTN Weather Commentary

Posted at 3:02PM Wed Nov 10, 2010 CST