Portland, OR Wed Apr 24, 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 April 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 April delivery.
Bids for corn are for 30 day delivery.
May wheat futures trended steady to five cents per bushel lower than
Tuesday’s closes. Minneapolis July wheat futures trended steady compared
to Tuesday’s close. Kansas City July wheat futures also trended steady
compared to Tuesday’s closes.
Bids for US 1 Soft White Wheat for April delivery in unit trains
or barges were not available in early trading as most exporters were not
issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for April
delivery were not fully established in early trading but bids were
indicated as steady compared to Tuesday’s noon bids.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for April delivery were not fully established in early trading but
bids were indicated as steady compared to Tuesday’s noon bids.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 7.50 to 8.75 cents per cwt higher than Tuesday’s
noon bids. Corn bids truck delivered to the Yakima Valley trended 3.75
to 7.50 cents per cwt higher than Tuesday’s noon bids. Bids were
supported by the higher Chicago May and July corn futures.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Aug NC 7.4925-7.5425
US 1 White Club Wheat - delivered by Unit Trains and Barges *
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 8.4350-8.6650
10 pct protein 8.4350-8.6650
11 pct protein 8.6350-8.7450
11.5 pct protein
Aug NC 8.1500-8.3000
12 pct protein 8.7850-8.8850
13 pct protein 8.8650-8.9850
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 9.1100-9.1500
14 pct protein
Aug NC 8.8375-9.0375
15 pct protein 9.3100
16 pct protein 9.3100
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 13.2750-13.5500
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 13.5250-13.7625
US 2 Heavy White Oats in dollars per CWT ** 13.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Mar 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.1600
US 1 Hard Red Winter (Ordinary protein) 8.6200
US 1 Hard Red Winter (11.5% protein) 8.8500
US 1 Dark Northern Spring (14% protein) 9.4500
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:53 P nd