Portland, OR Thu Apr 25, 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.
July wheat futures trended 13 to 16 cents per bushel higher compared
to Wednesday’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 15 cents per bushel higher compared to Wednesday’s noon
bids, in following the higher Kansas City July wheat futures.
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 16 cents per bushel higher compared to Wednesday’s
noon bids. Bids were supported by the higher Minneapolis July wheat
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended ten to 11.25 cents per cwt higher than
Wednesday’s noon bids. Corn bids truck delivered to the Yakima Valley
trended ten cents per cwt higher than Wednesday’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 7.6275-7.6775
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 8.6000-8.8300
10 pct protein 8.6000-8.8300
11 pct protein 8.8000-8.9100
11.5 pct protein
Aug NC 8.1600-8.3100
12 pct protein 8.9500-9.0500
13 pct protein 9.0400-9.1500
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 9.2750-9.3150
14 pct protein
Aug NC 9.0000-9.2000
15 pct protein 9.4750
16 pct protein 9.4750
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 13.3750-13.6500
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 13.6250-13.8375
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
8:52 P nd