Portland, OR Thu Sep 05, 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 September 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 September delivery.
Bids for corn are for 30 day delivery.
September wheat futures trended 2.75 to 9.25 cents per bushel lower
compared to Wednesday’s closes. December wheat futures trended seven to
8.50 cents per bushel lower.
Bids for US 1 Soft White Wheat for September delivery in unit trains
or barges trended steady to five cents per bushel lower than Wednesday’s
noon bids for September delivery. Some exporters are not issuing bids
for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat were not
fully established in early trading but bids for September delivery were
indicated as 7.50 cents per bushel lower than Wednesday’s noon bids for
September delivery. Bids were pressured by the lower Kansas City
December wheat futures.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for September delivery were not fully established in early trading
but bids were indicated as seven cents per bushel lower compared to
Wednesday’s noon bids for the same delivery period. Bids were pressured
by the lower Minneapolis December wheat futures.
Bids for US 2 Yellow Corn delivered to Portland and the Yakima Valley
were not available.
All wheat bids in dollars per bushel
US 1 Soft White Wheat - delivered by Unit Trains and Barges *
Sep mostly 7.2600, ranging 7.2000-7.3500
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Sep mostly 7.3600, ranging 7.2000-7.5275
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein 7.8850-7.9850
10 pct protein 7.8850-7.9850
11 pct protein 7.9650-8.0650
11.5 pct protein
12 pct protein 8.0050-8.1250
13 pct protein 8.0050-8.1650
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 7.5000-7.9300
14 pct protein
15 pct protein 8.5300-9.2000
16 pct protein 8.8100-9.8000
US 2 Yellow Corn in dollars per CWT
Domestic-single rail cars
Delivered full coast-BN NA
Delivered to Portland NA
Rail and Truck del to Willamette Vly NA
Rail del to Yakima Valley NA
Truck del to Yakima Valley NA
US 2 Heavy White Oats in dollars per CWT ** 12.7500
** Not well tested.
Exporter Bids Portland Rail/Barge Aug 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.3200
US 1 Hard Red Winter (Ordinary protein) 7.9900
US 1 Hard Red Winter (11.5% protein) 8.1100
US 1 Dark Northern Spring (14% protein) 8.3900
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
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