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	Local Cash Bids
	loading...   Whitgro Cash Bids SWW HRW 11.5% DNS 14% BARLEY Cash Price Cash Price Cash Price Cash Price May   June   August 2012
	Price as of 05/20/12 11:03PM CDT. Month Symbols
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	1-888-288-4355 Marketing hours are 8:30am to 11:00am and 2:30pm to 4:30pm *All red wheat must be marketed in the morning market* Scales DNS =+.05/-.15 PER 1/4%       HRW +.20/-.25 per 1/2 % PLEASE NOTE ALL BIDS ARE PORTLAND FOR NET SUBTRACT FREIGHT, HANDLE AND APPROX STORAGE PLEASE CALL THE OFFICE FOR CURRENT MARKET SCALES FOR DNS & HRW -- ALL BIDS ARE SUBJECT TO CHANGE WITHOUT NOTICE --

	Daily Commentary
	Friday, May 18         2:45 p.m. Today........Eastern markets up big.  Weather, funds and export biz all helping provide some upward strength.  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.  The Scoular Company Yesterday............. The short covering rally continued into the overnight session. Wheat  futures led the parade. Domestic (southern US Plains) and global (FSU) weather issues had funds covering some of their 'burdensome' short positions; technical buzz points triggered buy stops. Similar action expected at today's opening bell.  The weekly  SWW export sales report showed Korea was the region's top buyers: 71,200 Mt old crop and 86,700 Mt for the new marketing year. Local SWW bids following the recent futures trend-line. Minor measurable country responses.  Wheat futures recorded their  fourth straight day of ascension.  Crop retarding dry weather in numerous production zones have funds reaching for cover. Along the way, technical bells sounded and addition buy stops were engaged. It's the 'best sustained rally' since January. The stock market action is the antithesis of today's perceived commodity strength. Some wags suggest a respite is in order before the next leg. Local soft white wheat prices have gained strength by association.  The Scoular Company

	Local Forecast
	Saint John, WA
	Chg Zip: Monday Tuesday Wednesday Thursday Friday High: 72°F Low: 53°F Precip: 72% High: 53°F Low: 44°F Precip: 80% High: 56°F Low: 38°F Precip: 80% High: 60°F Low: 39°F Precip: 55% High: 65°F Low: 40°F Precip: 72%
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	Futures
	@W - WHEAT - CBOT Month Open High Low Last Change Time More Jul 12 700'0 722'0 698'4 708'2 13'0 10:52P Sep 12 706'2 729'2 706'2 716'0 13'0 10:52P Dec 12 722'0 745'4 722'0 732'2 12'2 10:52P @KW - HARD RED WINTER WHEAT - KCBT Month Open High Low Last Change Time More Jul 12 709'0 730'0 708'6 718'4 13'4 10:52P Sep 12 718'0 742'4 718'0 736'0 18'4 10:52P Dec 12 739'2 762'0 739'2 752'0 13'2 10:52P @MW - HARD RED SPRING WHEAT - MGE Month Open High Low Last Change Time More Jul 12 792'0 810'0 792'0 806'4 14'4 10:52P Sep 12 788'0 807'6 788'0 805'0 16'4 10:52P Dec 12 790'0 813'6 790'0 811'0 21'0 10:52P @C - CORN - CBOT Month Open High Low Last Change Time More Jul 12 638'2 644'4 637'6 641'4 6'0 10:52P Sep 12 549'6 558'4 549'6 556'2 9'6 10:52P Dec 12 543'0 549'4 542'6 546'2 9'2 10:52P @S - SOYBEANS - CBOT Month Open High Low Last Change Time More Jul 12 1413'6 1422'0 1410'0 1417'2 12'2 10:51P Aug 12 1387'6 1394'0 1384'2 1392'4 11'4 10:52P Sep 12 1334'6 1343'6 1333'0 1343'2 16'2 10:52P @DX - Not Authorized - ICEFU Month Open High Low Last Change Time More Jun 12 Sep 12 Dec 12 My Custom Markets Symbol Open High Low Last Change Time More

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	Saint John, WA
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	Local Conditions
	Saint John, WA Chg Zip Code:  Temp: 58oF Feels Like: 58oF Humid: 72% Dew Pt: 49oF Barom: 30.04 Wind Dir: N Cond: N/A Wind Spd: 0 mph Sunrise: 5:06 Sunset: 8:23 As reported at PULLMAN, WA at 8:00 PM
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