JO_GR110
Portland, OR Fri Mar 15, 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 March 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 March delivery.
Bids for corn are for 30 day delivery.
May wheat futures trended three to 6.50 cents per bushel lower than
Thursday’s closes.
Bids for US 1 Soft White Wheat for March delivery in unit trains
or barges were not fully established in early trading but were indicated
as mixed, from three cents lower to 0.25 of a cent per bushel higher than
Thursday’s noon bids. Some exporters were not issuing bids for nearby
delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for March
delivery were not fully established in early trading but were indicated
as 6.50 cents per bushel lower compared to Thursday’s noon bids in lining
up with the lower Kansas City May wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for March delivery were not fully established in early trading
but were indicated as 5.75 cents per bushel lower than Thursday’s noon
bids. Lower Minneapolis May wheat futures weighed on cash bids.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 1.25 cents per cwt lower than Thursday’s noon
bids. Corn bids truck delivered to the Yakima Valley also trended 1.25
cents per cwt lower than Thursday’s noon bids. Bids were pressured by
the fractionally lower Chicago May corn futures.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Mar mostly 8.8350, ranging 8.8000-8.8675
Apr 8.7000-8.8675
May 8.7000-8.8675
Jun NA
Aug NC 7.7150-7.7650
_
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Mar mostly 8.8350, ranging 8.8000-8.8675
*Not fully established.
_
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
better) *
Ordinary protein 8.5625-8.7425
10 pct protein 8.5625-8.7425
11 pct protein 8.7625-8.8225
11.5 pct protein
Mar 8.8625
Aug NC 8.3275
12 pct protein 8.8625-8.9125
13 pct protein 8.8625-9.0125
_
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 9.2425-9.3425
14 pct protein
Mar 9.4025-9.5025
Aug NC 8.8225-8.8725
15 pct protein 9.4025-9.5025
16 pct protein 9.4025-9.5025
_
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 15.1000-15.1375
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 15.1000-15.3000
US 2 Heavy White Oats in dollars per CWT ** 13.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Feb 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.5900
US 1 Hard Red Winter (Ordinary protein) 8.6600
US 1 Hard Red Winter (11.5% protein) 8.9300
US 1 Dark Northern Spring (14% protein) 9.3400
Source: USDA Market News Service, Portland, OR
Tiffany Smit 503-326-2237 Portland.LGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
www.ams.usda.gov/mnreports/jo_gr110.txt
www.ams.usda.gov/lpsmarketnewspage
8:49 P ts
Portland, OR Daily Grain Report
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