Duane Disque or Brian Peiler                              Jon Sperl or Bryce Olson

             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      9/18/09

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

            Extended forecast for the next 10-14 days say NO chance of frost. Without weather events the corn slowly moves toward maturity. Meanwhile in the GREAT PNW we are 10 to 14 days ahead of last year. Even corn that is not yet mature is nearly full of starch, with very little milk remaining. Quality and yields look to be VERY good. Next report from the USDA is the Sept 30 ?Grain stocks and Small Grains Summary?. They will be making final estimates of ?09 wheat production, then tweaking those numbers occasionally as the year progresses. Informa is generally 10 days ahead of USDA and so it is this time. They are projecting final wheat production about 30 myn bu lower than last USDA guess, but what could be even more interesting, is that they are projecting planted wheat acres down 1.8 myn acres for ?10.  With ?normal? abandonment and 43 bu yields that reduces the US ?10 crop by about 70 myn bu. Breakdown by class could be enormously important as smaller classes (SRW/ SWW/ Durum) could be impacted in the deferreds.

            If you haven?t yet, make sure to visit with your insurance agent regarding CRC?only 8 days left to ?sign up?!!!

            In another sign of the times, Russia?s wheat exports are down about 24-28% vs. this time last year, as world demand just is not real strong right now. With monsoons ending in India, they are projecting about 25% shortfall in over all rainfall. One article had rice production estimates down 17 myn mt due to reduced rainfall. Wheat production however, (being a good dryland crop) is expected to come in at projections. The EU is re-thinking their position on GM allowance levels. World wide acceptance of GMO corn has hit the point where the EU growers are at a decided disadvantage in the livestock industry. So it is either stick to principles or stick it to the growers and ultimately the consumers. Bangladesh is offering 3 tenders (all comers/ optional origin) TOS is end of Sept to November. You know one thing we have ?quietly? missed from this market in some time is a CCC donation tender.

***Didja Know: The ?average? American eats 68 quarts of popcorn/ year? Earthworms apparently have NO capacity to ?get dizzy?. ?What do you call a boomerang that doesn?t work?/// A stick?.

                                                            HAVE A GREAT WEEKEND!!!