Portland, OR Thu Oct 31, 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 November 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 November delivery.
Bids for corn are for 30 day delivery.
December wheat futures trended mixed, from 2.50 cents lower to one
cent per bushel higher compared to Wednesday’s closes, with the most
decline in Chicago and the advance in Minneapolis.
Bids for US 1 Soft White Wheat for November delivery in unit trains
or barges trended mixed, from 2.50 cents lower to 2.50 cents per bushel
higher than Wednesday’s noon bids for the same delivery period. Lower
Chicago December wheat futures pressured bids in early trading. Some
exporters are not issuing bids for nearby delivery.
Bids for 11.5 percent protein US 1 Hard Red Winter Wheat for November
delivery were not available in early trading as most exporters are not
issuing bids for nearby delivery.
Bids for 14 percent protein non-guaranteed US 1 Dark Northern Spring
Wheat for November delivery were not well tested in early trading, and
had no recent price comparison, as Wednesday’s noon bids were not
available. Some exporters were not issuing bids for nearby delivery.
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 *
Nov mostly 7.1650, ranging 7.1050-7.2250
US 1 White Club Wheat - delivered by Unit Trains and Barges *
Nov mostly 7.3650, ranging 7.1050-7.6250
*Not fully established.
US 1 Hard Red Winter Wheat - (Exporter bids-falling numbers of 300 or
Ordinary protein NA
10 pct protein NA
11 pct protein NA
11.5 pct protein
12 pct protein NA
13 pct protein NA
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 7.7300-7.9300
14 pct protein
15 pct protein 8.7300-8.9300
16 pct protein 9.1300-9.3300
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 ** 13.2500
** Not well tested.
Exporter Bids Portland Rail/Barge Sep 2013
Averages in Dollars per bushel
US 1 Soft White by Unit Trains and Barges 7.1700
US 1 Hard Red Winter (Ordinary protein) 7.9200
US 1 Hard Red Winter (11.5% protein) 8.1000
US 1 Dark Northern Spring (14% protein) 8.3300
Source: USDA Market News Service, Portland, OR
Niki Davila 503-326-2237 Portland.LPGMN@ams.usda.gov
24 Hour Market Report 503-326-2022
8:55 P nd