Portland, OR Wed Feb 27, 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 February 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 February delivery.
Bids for corn are for 30 day delivery.
May wheat futures trended steady to 8.75 cents per bushel higher
compared to Tuesday’s closes.
Bids for US 1 Soft White Wheat for February 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 February
delivery were not fully established in early trading but were indicated
as steady compared to Tuesday’s noon bids for the same delivery period.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for February delivery were not fully established in early trading
but were indicated as 7.50 cents per bushel higher than Tuesday’s noon
bids in reaction to the higher Minneapolis May wheat futures.
Bids for US 2 Yellow Corn delivered to Portland in single rail cars
for domestic use trended mixed, from 1.25 cents lower to 7.50 cents per
cwt higher than Tuesday’s noon bids. Corn bids truck delivered to the
Yakima Valley trended 8.75 cents per cwt higher than Tuesday’s noon bids.
Some corn traders have are bidding over the Chicago May corn futures.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Aug NC 7.6200-7.7700
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 8.2675-8.3775
10 pct protein 8.2675-8.3775
11 pct protein 8.4675-8.5375
11.5 pct protein
Aug NC 8.0850-8.2850
12 pct protein 8.6175-8.6475
13 pct protein 8.7075-8.7175
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 9.0625-9.2125
14 pct protein
Aug NC 9.0025-9.0525
15 pct protein 9.2625-9.4125
16 pct protein 9.2625-9.4125
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland 14.7875-15.0250
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley 14.6375-15.1250
US 2 Heavy White Oats in dollars per CWT ** 13.5000
** Not well tested.
Exporter Bids Portland Rail/Barge Jan 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 8.5300
US 1 Hard Red Winter (Ordinary protein) 8.9100
US 1 Hard Red Winter (11.5% protein) 9.2100
US 1 Dark Northern Spring (14% protein) 9.4800
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
Portland, OR Daily Grain Report
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