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Market Commentary

Afternoon Comments 05/24


Wheat futures were probably ripe for pre-holiday profit taking Friday after having surged Wednesday and Thursday. Traders were simply less willing to hold onto positions ahead of the three-day weekend. That seemed especially true with the equity markets under substantial pressure throughout the early going. July CBOT wheat futures declined 5.75 cents to $6.975/bushel to end the week, while July KCBT wheat plunged 7.75 cents to $7.4575, and July MGE futures fell 6.75 cent to $8.0575.
Market Info

NDSU Seed Department releases certified winter wheat list

North Dakota State University  |   August 15, 2012
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The North Dakota State Seed Department has concluded field inspections of certified winter wheat seed production fields and has made its annual list of certified winter wheat seed available on its website.

"In 2012, certified seed production increased to a record 20,598 acres, so there should be adequate seed supplies of high-quality certified seed available for fall planting," says Steve Sebesta, State Seed Department deputy seed commissioner.

Producers looking to purchase foundation, registered or certified winter wheat seed can go to www.ndseed.com and click on Field Seed Directory at the top to find the 2012 list. Producers also can obtain a list from the Seed Department or their local North Dakota State University Extension Service office.

"The fields listed have passed inspections and meet certification requirements for field standards," Sebesta says. "However, the seed is not certified until it has been conditioned and lab tested to ensure it meets seed standards and is properly labeled."

Buyers and sellers are advised to pay close attention to the plant variety protection status for all varieties and call the Seed Department or variety owners if there are any questions about legal seed transactions.

For more complete and detailed descriptions of the varieties listed, consult NDSU Extension publications at http://www.ag.ndsu.edu/ndsuag/crops.


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