Portland, OR Mon Jun 10, 2013 USDA Market News
***RESENDING WITH CORRECTION TO NARRATIVE PARAGRAPHS***
Portland Daily Grain Report
Bids as of 9:30 a.m. Pacific time; Subject to change
***Bids for grains delivered to Portland, Oregon during June 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 June delivery. Bids for
corn are for 30 day delivery.
July wheat futures trended 4.75 to 13.75 cents per bushel lower
compared to Friday’s closes. Minneapolis September wheat futures trended
5.50 cents per bushel lower than Friday’s closes.
Bids for US 1 Soft White Wheat for June delivery in unit trains
or barges were not available as most exporters were not issuing bids for
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for June
delivery were not fully established in early trading but bids were
indicated as ten cents per bushel lower compared to Friday’s noon bids.
Bids were pressured by the lower Kansas City July wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for June delivery were not fully established in early trading but
bids were indicated as 4.75 to 9.75 cents per bushel lower compared to
Friday’s noon bids. Bids were pressured by the lower Minneapolis
July and September wheat futures. Some exporters have switched their
basis to over the September wheat futures.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended 26.25 cents per cwt lower than Friday’s noon
bids. Corn bids truck delivered to the Yakima Valley also trended 26.25
cents per cwt lower than Friday’s noon bids. Corn bids were pressured by
the lower Chicago July corn futures.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Jul mostly 7.2200, ranging 7.1750-7.2750
Aug NC 7.2100-7.3000
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 8.3800-8.5500
10 pct protein 8.3800-8.5500
11 pct protein 8.4600-8.6500
11.5 pct protein
Aug NC 8.2775
12 pct protein 8.5000-8.7300
13 pct protein 8.5000-8.7900
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 9.0400-9.1000
14 pct protein
Aug NC 8.8450-9.0950
15 pct protein 9.2000-9.3000
16 pct protein 9.2000-9.3000
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 14.4500-14.4750
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 13.9000-14.6875
US 2 Heavy White Oats in dollars per CWT ** 13.7500
** Not well tested.
Exporter Bids Portland Rail/Barge May 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.7100
US 1 Hard Red Winter (Ordinary protein) 8.7900
US 1 Hard Red Winter (11.5% protein) 8.9300
US 1 Dark Northern Spring (14% protein) 9.3000
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
9:21 P nd
Portland, OR Daily Grain Report
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