Climate Smart Wheat


NWGG is a partner in a grant program accepted under the USDA's "Partnerships for Climate Smart Commodities" where we, along with our partners, are committed to promoting wheat grown in the PNW by growers who are either new-or-existing adopters of carbon-positive farming methods. It is the only grant for PNW wheat growers that was accepted and we're proud to share it with our members.


Acreage enrollment for the coming crop has closed, but signups are still open for fall soil sampling, which will cover the following crop. If you missed the first signup, don't worry, this program will run for 5-years, and you'll be able to enroll at any point here.


You can reach out to Cory @ NWGG (509-525-6510) or Dr. Shannon Cappellazzi of GO Seed (503-593-7434) if you'd like more information.


If you want to sign up to work towards getting acres sampled and possibly enrolled, visit the website and scroll down to the Contact Us area to get started! 


Climate Smart Wheat Website

NWGG

Cash bids for Monday, April 29, 2024

All cash bids are subject to change without notice. Current protein premiums/discounts will be listed on the NWGG homepage under "Bid Notes."

Soft White Wheat (Portland)

  • Delivery

  • Bid

  • Basis

  • Futures

  • Change

  • April
  • 6.00
  • 0.13
  • 5.8700
  • -3.25
  •  
  • May
  • 6.00
  • 0.13
  • 5.8700
  • -3.25
  •  
  • June
  • 6.00
  • -0.02
  • 6.0175
  • -6.75
  •  
  • August
  • 6.00
  • -0.23
  • 6.2300
  • -6.50
  •  

Hard Red Winter (Portland)

  • Delivery

  • Bid

  • Basis

  • Futures

  • Change

  • April
  • 7.13
  • 0.70
  • 6.4325
  • -7.25
  •  
  • May
  • 7.13
  • 0.70
  • 6.4325
  • -7.25
  •  
  • June
  • 7.13
  • 0.70
  • 6.4325
  • -7.25
  •  
  • August
  • 7.05
  • 0.50
  • 6.5575
  • -7.25
  •  

Hard Red Spring (Portland)

  • Delivery

  • Bid

  • Basis

  • Futures

  • Change

  • April
  • 7.87
  • 0.85
  • 7.0200
  • -5.75
  •  
  • May
  • 7.87
  • 0.85
  • 7.0200
  • -5.75
  •  
  • June
  • 7.77
  • 0.75
  • 7.0200
  • -5.75
  •  
  • August
  • 7.90
  • 0.80
  • 7.1000
  • -4.00
  •  

Barley (Portland)

  • Delivery

  • Bid

  •  

  •  

  •  

  • April
  • 155.00
  •  
  •  
  •  
  • May
  • 155.00
  •  
  •  
  •  
  • June
  • 155.00
  •  
  •  
  •  
  • August
  • 155.00
  •  
  •  
  •  

Canola (Delivered Elevator)

  • Delivery

  • Bid

  •  

  •  

  •  

  • April
  • 19.50
  •  
  •  
  •  
  • May
  • 19.50
  •  
  •  
  •  
  • August
  • 19.50
  •  
  •  
  •  

Bid Notes

Bids subject to change at anytime. Red wheat markets are morning session only. Canola prices are figured as delivered to NWGG elevator, all other commodities are subject to off-coast rates and fuel surcharges.


Buying Hours

Monday - Thursday

8:30AM - 11:00AM AND 2:30PM - 4:30PM

Friday

8:30AM - 11:00AM

Soft White Wheat Protein Scales

  • +.01 each 1/10% below 10.5% to 9.0% protein & -.02 each 1/10% above to 12.0% protein

DNS Protein Scales

  • +.03 each 1/4% above 14.0% & -.07 each 1/4% below

Club Premium

  • $0.00


2024 Winter Wheat RP Base Price 

  • Price: $7.86

HRW Protein Scales

  • +.05 above 11.5% & -.10 each 1/2% below

Monthly Fuel Surcharges (deducted from grain settlements)

  • $.00/bu. for all barge terminals
  • $.04/bu. for country elevators South of the Snake River PLUS $.00 barge terminal
  • $.05/bu. for all elevators/terminal North of the Snake River


2024 Spring Wheat RP Base Price

  • Futures: $8.05

Markets

Data provided by Bushel
All prices delayed 10 minutes.

Daily Morning Commentary

Published on: Apr 29, 2024

4/29/24


Sorry, too short of time today to write anything of substance. Futures markets are down hard, but that felt like it was a few days coming. Weather maps are still the biggest thing to talk about, and they haven't changed much since Friday.


-Cory

 
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