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      3/ 5/ 10

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

            Trend said higher, early call by traders said higher, but wheaties are down 1-4 and corn is off 1-2 this morning. Weather man says that El Nino is weakening, but will likely linger, bringing more rain to the plains and the Midwest. Southern plains have a chance of 75% coverage of rain this weekend. Weather man also says NO frost worries for at least the next 2 weeks. Old timers rule of thumb is if you make it past the full moon in April, chances are virtually nil on winter kill. (April?s full moon is the 28^th). Informa said the Argie corn crop is 21 myn mt, and beans at 55 myn mt. They are holding Brazil unch?d with 66 myn mt bean crop and 53.3 myn mt corn crop. All are within trade guesses, no surprises. The Informa numbers seem to generally run a little bigger than USDA?s, these are no exception. There were another 1700 corn caks delivered, bringing total deliveries to over 10,000 caks or 50 myn bu! There were about 480 caks of wheat delivered.

            Estimates of ethanol profitability continue to decrease with many models showing a net -.11/ gal margin, but the blenders are still making money.

            No real international news. India figures that their wheat crop is made and have officially lifted export ban. They simply don?t have enough storage/ space to put the crop with their current carryovers. Shipping will be a logistical challenge?but the wheat will move at some price vs. going out of condition. The trade team representing US poultry will get sent home empty handed after all. Earlier it looked like resolution of the poultry issue would be easy and very near complete. As it turns out the pork issue did get resolved, and exports of US pork to Russia will resume directly, but the poultry issue was never finalized.

            Coming up: March 10 is the next USDA report, March 31 is the Prospective Plantings report. AVERAGE guess for the August average $4.798?a dime under last year?s CRC. The high guess was $9, the low guess was $3.37. 40% of the guesses were between $4.20 and $4.60

***Didja Know: Scientists have discovered a ?methane leak? from below the permafrost of Siberia. It is estimated that over 8myn mt of methane leaks out / year. This ?leak? is approximately equal to the annual world estimate that they had been using up to now.

HAVE A GREAT WEEKEND?and GOOD LUCK to the local Basketball TEAMS STILL PLAYING!!!!