Morrow County Grain Growers                             Pendleton Grain Growers

             Duane Disque or John Ripple                                      Jon Sperl

             1-800-452-7396 or 541-989-8221                           1-800-422-7611 or 541-276-7611

              or Dan Steiner 481-6614 (office), 571-3798 (cell)  graingrowers@centurytel.net

                                                            GOOD MORNING!!!

            Below are the best indicated market bids as of:   9:00  on      12/28/07

 

SWW

SRW

                DNS

              HRW

  Barley

        Corn

Month

Portland

Chicago

Portland

Basis

Portland

Basis

Portland

Cash Px

Basis

December

13.05

 

11.85

1.31

10.35

1.04

Please

180.35

 

January

13.10

 

11.92

1.37

10.40

1.10

Call

 

 

February

13.17

 

11.99

1.45

10.47

1.20

        For

 

 

March

13.24

9.17  CHW

12.04

1.50

10.55

1.25

Current

 

 

April

13.29

 

 

 

 

 

Bids

 

 

JULY

8.00

7.98   CNW

10.00

.60

8.93

.61

 

 

 

AUGUST

7.90

8.03  CUW

9.51

.90

8.79

.50

 

 

 

O N D  ‘08

.04/ bu

8.03  CZW

 

 

 

 

 

180.35

 

LDP's

-9.73

 

-7.04

 

-6.34

 

-3.33

-2.10

 

***Club premium: .00/ bu.

 

 -2/ 1/4

 -7/  ½

 

 

 

 

***NOTE: Corn values vary depending on delivery location PLEASE call for updates.

            Markets are lightly mixed this morning. Corn is about breaking even, beans are up 5-7. I can’t wait to see what the markets are gonna do moving toward the end of winter when the acreage battles really get going.

            Monday will be a short trading day, and you can almost feel the lack of enthusiasm from the exporters this morning. Please call for updates…

 

Fun Trivia:  Sam Sham put the phone back on the cradle and stepped out of the booth.  Just then Shadow pulled his bicycle in front of Sam, and demanded to know who he had just called.  Sam replied,  “ I didn’t call anybody.  I was about to make a call when I realized I didn’t have any change.  I was just going to get some when you pulled up.”  Shadow stared at Sam and said, “ We just received a ransom demand, and it was made from this booth.” Sam quickly responded, “ I saw a tall black man leave this booth not 30 seconds earlier.  All he wore was a “Speedo” bathing suit.  Since the beach is only a block away I didn’t pay much attention.”  What simple test could Shadow arrange to be positive Sam Sham did not place the ransom call?

 

 

 

 

 

 

Since Sam said he hadn’t any coins to place the call, Shadow would only need to examine the coins in the phone for Sam’s fingerprints.

 

 

Have a VERY Merry Christmas and Happy New Year!!!!!

***All bids are subject to change, please call for CONFIRMATION of prices. All information in this letter is from sources deemed reliable, and is for informational purposes only**