Portland, OR Fri Aug 16, 2013 USDA Market News
Portland Daily Grain Report
Bids as of 9:30 a.m. Pacific time; Subject to change
Bids for grains delivered to Portland, Oregon during August by unit
trains and barges, in dollars per bushel, except oats, corn and barley,
in dollars per cwt. Bids for soft white wheat are for delivery periods
as specified. All other wheat bids are for full August delivery. Bids
for corn are for 30 day delivery.
September wheat futures trended 1.25 to 8.25 cents per bushel lower
compared to Thursday’s closes.
Bids for US 1 Soft White Wheat for August delivery in unit trains or
barges trended 5.75 to 7.50 cents per bushel lower than Thursday’s
noon bids for August delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat were not
fully established in early trading but bids for August delivery were
indicated as mixed from five cents lower to five cents per bushel higher
than Thursday’s noon bids for August delivery. Bids were pressured by
the lower Kansas City September wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for August delivery were not fully established in early trading but
bids were indicated as 1.25 cents per bushel lower compared to
Thursday’s noon bids for the same delivery period. Bids were pressured
by the lower Minneapolis September wheat futures.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 17.5 to 18.75 cents per cwt lower than
Thursday’s noon bids. The lower Chicago September corn futures pressured
cash bids. Corn bids truck delivered to the Yakima Valley trended 18.75
cents per cwt lower than Thursday’s noon bids.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Aug NC mostly 7.2075, ranging 7.1425-7.2500
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Aug NC mostly 7.2575, ranging 7.1925-7.3425
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.9600-8.0400
10 pct protein 7.9600-8.0400
11 pct protein 8.0400-8.1300
11.5 pct protein
Aug NC 8.0800-8.1800
12 pct protein 8.0800-8.1800
13 pct protein 8.0800-8.2200
US 1 Dark Northern Spring Wheat (with a minimum of 300 falling numbers, a maximum
of 0.5 part per million vomitoxin, and a maximum of one percent total damage) *
13 pct protein 8.2025-8.3325
14 pct protein
Aug NC 8.3625-8.5325
15 pct protein 8.3625-8.5325
16 pct protein 8.3625-8.5325
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 12.8125-12.8375
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 12.7875-13.2125
US 2 Heavy White Oats in dollars per CWT ** 12.7500
** Not well tested.
Exporter Bids Portland Rail/Barge Jul 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.2300
US 1 Hard Red Winter (Ordinary protein) 7.9600
US 1 Hard Red Winter (11.5% protein) 8.0800
US 1 Dark Northern Spring (14% protein) 8.5900
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:21 P nd
Portland, OR Daily Grain Report
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