Portland, OR Wed Jul 3, 2013 USDA Market News
Portland Weekly Grain Review Part 2
Pacific Northwest Add Weekly Grain Summary
Cash Soft White Wheat - Pacific Northwest: Bids for US 1 Soft White
Wheat, delivered by unit trains and barges to Portland during July
ended the holiday shortened reporting week on Wednesday, July 3, at
7.10 to 7.30, mostly 7.1875. Bids were mixed, from 8.50 cents lower to
11.25 cents per bushel higher than last Thursday's noon bids for July
delivery of 7.1850-7.1875, mostly 7.1875. There were no white club
wheat premiums for nearby delivery for this week or last week. One
year ago bids for US 1 Soft White Wheat and white club wheat for July
delivery were 7.70-7.90, mostly 7.82. Nearby bids for US 1 Soft White
wheat began the shortened holiday week on Friday as not available. On
Monday, bids were mostly 7.05 and moved higher to mostly 7.10 on
Tuesday. Today (Wednesday), bids moved to the weekly high of mostly
7.1875. There were no new confirmed export sales of white wheat this
week. Forward month bids for soft white wheat were as follows: August
New Crop and September 7.10-7.30, October 7.1250-7.3250 and November
7.2250-7.3750. One year ago, forward month bids for soft white wheat
were as follows: August New Crop 7.75-7.85; September 7.80-7.85,
October 7.85-7.87 and November 7.85-7.92.
Outstanding U.S. white wheat and barley export sales as of June 27,
2013 is not available today due to the Federal Holiday.
Coarse feeding grains: Bids for US 2 Yellow Corn delivered to
Portland in single rail cars were 280.00, 6.25 to 10.00 per ton lower
than last Thursday's bids of 286.25-290.00. Bids for US 2 Yellow Corn
truck delivered to the inland feeding areas of Yakima, Washington, and
Hermiston, Oregon were 277.50-284.00, 4.00 to 6.25 per ton lower than
last Thursday's bids of 283.75-288.00. Cash corn bids were pressured
by the moderately lower Chicago September corn futures for the week.
Bids for US 2 Heavy White Oats for July delivery were 275.00, steady
with last Thursday's noon bids.
Source: USDA Market News Service, Portland, OR
Tiffany Smit 503-326-2237 Portland.LGMN@ams.usda.gov
24 hour price information 503-326-2022
Portland Weekly Grain Review - Part 2 (Thu) OR
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