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Ag Partners News

    Ag Partners Recognized as Founding Member of IAEP
    Ag Partners Recognized as Founding Member of IAEP
    Oct 15, 2018 |
    CEO, Troy Upah accepts IAEP award on behalf of Ag Partners, LLC.  
    Seed Daze
    Seed Daze
    Aug 29, 2018 |
    It’s all about seed. And the deals and discounts will never be this good. Take advantage during Seed Daze!
    Boost your Bean Yields
    Boost your Bean Yields
    May 25, 2018 |
    Consider the combination of Viathon and CoRoN for soybeans.   Viathon® is a broad-spectrum fungicide using three modes of action for cost-effective disease control. CoRoN® is a well-known, controlled-release foliar fertilizer that provides weeks of steady nutrition.
    Alceco approves $1.3 million to be revolved to members
    Alceco approves $1.3 million to be revolved to members
    Feb 20, 2018 |
    The Alceco board of Directors is pleased to authorize a cash revolvement of $1.3 million to its members.   This revolvement represents a payout in three categories: Class B Preferred Stock and Regional Equity to all patronage age 85 and over, 25 percent of Class B Preferred...

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DTN Grain News

Portland Grain Review 05/23

5/23/2019 - 10:17:00


                                                       May 23, 2019
                                                                  
                                   Portland Price Trends
                 05-01-18    08-01-18    04-01-19    05-16-19   05-23-19
#1 SWW (bu)         6.05        6.05        5.95        5.95       6.00
White Club          6.05        6.05        5.95        5.95       6.00
DNS 14%             7.68        7.08        6.68        6.14       6.32
HRW 11.5%           6.93        6.89        6.14        5.84       5.90
#2 Corn (ton)     184.00      160.00      172.00      173.00     176.00
#2 Barley         155.00      140.00      140.00      140.00     140.00

   Wheat...A resurgence across the wheat futures complex this week was 
muted by defensive basis levels for west coast white wheat bids.  Spot
markets bids hovered near the $6 mark through the week, and at a modest
premium to new crop deliveries.  Hard red winter also saw basis slip a
dime but nearby bids are holding a 50 cent premium to August delivery.
Hard red spring basis remains historically weak and bid structures show
a carry into new crop delivery months.
   Weekly Sales...USDA reported overall U.S. wheat export sales coming
in at 14.5 mb between old and new crop positions.  Old crop sales were
at 12.7 mb, putting year-to-date sales at 945 mb, which sets 8% above
a year ago and 1% ahead of the five-year-average. New crop commitments
stand at 122 mb and 39% ahead of a year ago.  Hard red winter was top
seller across all positions with 7.1 mb. Top buyer honors for the week
went to Indonesia with 4.8 mb, followed by Taiwan with 2.1 mb.  

                                  -Norm Ruhoff  Contributing Analyst

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