Bob Harrision with the law firm says there too the farmers had their irrigation water diverted for protected fish, and they sued the federal government in the court of claims. Traders head back to the pits today after the three day holidy weekend. On Friday wheat futures closed mostly higher at Chicago and Kansas City, lower at Minneapolis, heavier deliveries on September contracts being the factor there. Gary Hofer, REAP director for the Washington Association of Wheat Growers, says cash white wheat continues to firm as CCC offers continue to take slack out of the pipeline. Futures exchanges are closed today for the Labor Day holiday.
Trading resumes tomorrow.
Gary Hofer REAP director for the Washington Association of Wheat Growers, takes time to explain those who trade the market on emotion and those who approach it with rules, like the big commercials. Klamath Basin farmers can begin signing up for federal assistance September 10th. Farmers and ranchers should receive a letter informing them on how to signup for the program within the next week to ten days. This program is limited to eligible landowners and producers of irrigated land in the Klamath Basin. The payments will be distributed to previously uncompensated eligible owners and operators who did not receive expected deliveries of irrigation water within the Klamath Basin during the past crop year, and who agree to promote water conservation methods on their lands in the future.